Audit Officer

Job Title:

Audit Officer

Department:

Audit & Data Management

Primary Project:

N/A

Team:

N/A

Location:

Karachi

Job Code/ Req#:

N/A

Primary Reporting:

Mr. Daniyal Yousuf

Secondary Reporting:

Mr. Ashiq Sajjad Ali Arain

JOB DESCRIPTION:

The Audit Officer is pivotal in supervising and coordinating audit activities within a company. This role involves supporting the comprehensive management of the organization's internal audit. However, for an Audit Officer in a medical billing firm, the responsibilities vary. Such officers handle a diverse range of tasks concurrently, including data auditing, data management, reporting, file assignment, target setting, updating CRMs, and overseeing billing automation, among others.

KEY POINT INDICATORS (KPIs):

1. Audit:

• Oversee and manage internal audits to ensure compliance with company standards and policies.
• Review and evaluate the efficiency and effectiveness of operations.
• Identify areas of risk and recommend risk mitigation strategies.
• Collaborate with different departments to implement audit recommendations.

1. Data Management:

• Responsible for the acquisition, validation, storage, protection, and processing of data to ensure data accessibility, reliability, and relevance.
• Implement data governance and quality frameworks.
• Collaborate with IT to ensure secure data storage and backup systems.

1. Reporting:

• Generate reports for management detailing business metrics, performance, and operational updates.
• Ensure timely and accurate reporting to external stakeholders as required.

1. File Assignment:

• Review and allocate files to appropriate teams or individuals based on team assignment.
• Handle escalations and issues related to file assignments.
• Provide support to teams when needed.

1. Target Allotment:

• Allocate monthly targets to teams or individuals based on company objectives and past performance.
• Monitor target achievement progress and provide support as needed.
• Evaluate performance against targets and provide feedback.

1. Power BI Data Sheets Updating:

• Regularly update Power BI data sheets with recent audit findings, data, and analysis.
• Collaborate with the IT department to ensure data integrity and accuracy.

1. Fax-rebilling:

• Oversee the fax-rebilling process to ensure timely and accurate billing for fax services.
• Address any discrepancies or issues related to fax rebilling.
• Collaborate with IT and other departments to streamline the fax-rebilling process.

1. Medical Billing (Automation):

• Implement and manage automation solutions for medical billing processes to enhance efficiency and reduce manual errors.
• Coordinate billing and IT team to ensure timely and accurate billing.
• Stay updated with changes in medical billing codes and regulations.

MONTHLY TARGETS: The team audit does not have any monthly target.

WORK EXPERIENCE REQUIREMENTS:

We prioritize transitioning our existing employees to the audit department, when necessary, as they possess expertise in medical billing and documentation. It's simpler for us to train them in auditing tasks than to hire external resources.

ACADEMIC QUALIFICATION:

• Bachelor’s Degree

OTHER REQUIREMENTS (If any):

• Skilled in using software like Microsoft Excel, MS Word, PDF readers, and related applications.
• Adept at composing emails.
• Strong interpersonal communication abilities.
• Collaborative team member.

Reviewed By:

Senior Manager Audit & Compliance

Date:

8/14/2023

Approved By:

Date: