Cash Application Specialist

At LifeLine Ambulance Illinois, we are committed to delivering exceptional patient care and setting the standard for quality ambulance services. As a crucial member of our finance team, we are seeking a highly organized and detail-oriented Cash Application Specialist to join our dynamic and growing organization. As a Cash Application Specialist, you will play a pivotal role in ensuring the financial integrity of our organization by accurately processing payments, reconciling accounts, and resolving discrepancies in a timely and efficient manner., * Payment Processing: Post payments received via Electronic Funds Transfers (EFT), lockbox files, insurance Explanation of Benefits (EOB), and manual checks or credit cards into the billing system.

• Reconciliation: Balance daily cash batches to remittance advices and reconcile posted checks against actual bank deposits.
• Adjustments & Denials: Process contractual adjustments, write-offs, and insurance denials in accordance with company policies and federal/state regulations.
• Discrepancy Resolution: Identify and resolve overpayments, underpayments, and unidentified receipts. This includes researching misapplied payments and contacting payers to resolve application issues.

Do you have experience in Technical Proficiency?, Do you have a High school diploma or GED?, * Experience: 2+ years in Cash Application or Accounts Receivable with a track record of meeting closing KPIs.

• Accounting Logic: A strong understanding of how cash applications impact the broader financial statement and the importance of a timely close process.
• Software Skills: Proficiency in Microsoft Office (Word, Excel) and strong typing skills.
• Education: High school diploma or equivalent required

Core Competencies:

• Time Management: Proven ability to manage high transaction volumes while meeting rigid daily, weekly, and monthly deadlines.
• Professionalism: A positive attitude with a high degree of accountability, flexibility, and the initiative to master new tasks.
• Analytical Thinking: Ability to recognize A/R trends, multi-task, and solve complex billing problems independently.

Pulled from the full job description

• Health insurance
• 401(k) matching
• Vision insurance
• Dental insurance, An hourly salary range of $20 - $23

Health, Dental, Vision Insurance

401k Match