Cash Application Specialist
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Role details
Tech stack
Job description
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Post and apply a high volume of customer transactions accurately and in a timely manner.
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Validate accounts receivable to ensure accuracy and completeness.
Accounts Receivables:
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Transmit claims to clearinghouse.
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Review claims and rejections to ensure our payors receive and process claims.
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Follow up on claim recoupments by reaching out to the payor.
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Delivery ticket confirmation
Reconciliation:
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Reconcile remittances received from insurances.
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Perform daily reconciliation of bank deposits.
Communication and Collaboration:
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Collaborate with internal teams to investigate and resolve discrepancies in customer and Insurance payments.
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Communicate effectively with internal departments to address any payment-related issues.
Documentation:
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Maintain organized records of all applied transactions and reconciliations.
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Generate reports as needed to support internal and external audits.
Requirements
Do you have experience in Technical Proficiency?, As a Cash Application Specialist, you will play a pivotal role in our Billing Department, focusing on the accurate and timely posting and application of a high volume of transactions. Your primary responsibilities will include validating accounts receivable, reconciling remittances, and ensuring alignment with daily bank deposits. The Cash Application Specialist is a key contributor in our growing, fast-paced, and dynamic organization. We are seeking a highly motivated problem-solver with exceptional attention to detail, who can collaborate effectively across the organization., * Problem-solving: Ability to identify and resolve discrepancies.
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Collaboration: Work effectively with cross-functional teams.
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Time Management: Prioritize tasks and manage time efficiently.
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Results-driven: Motivated to achieve and maintain high levels of accuracy and efficiency.
Work Environment
- Work is performed in an office setting.
Physical Demands
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Able to sit and stand for extended periods of time.
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Use of phone, computer, and office equipment.
Knowledge, Skills, and Abilities Required
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Must be able to manage a high volume of transactions and meet strict deadlines.
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Precise data entry skills and strong attention to detail to ensure accuracy of cash application.
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General knowledge of bank deposits and account reconciliation.
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Strong organization and time management skills.
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Must possess problem-solving skills, critical thinking skills and the ability to effectively read, write and articulate ideas.
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Technical proficiency and ability to learn company systems and processes.
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Adheres to the company’s values and ethical expectations.
Preferred
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Minimum of 1-3 years of experience in Accounts Receivable and Cash Application.
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Familiarity with Microsoft 365 products and proficiency with Excel.
Benefits & conditions
Pulled from the full job description
- 401(k)
- Health insurance
- Paid time off
- Vision insurance
- Dental insurance, * 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
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