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Reconciliation Analyst
1 month ago
Remote role but must be able to come to Edison NJ for first week to train, accessible by public transportation
The Physician Services Division (PSD) Reconciliation Analyst supports the Accounting team through the analysis of daily reconciliation of deposits of patient payments from the network physician offices.
-Compiles daily and monthly book-to-bank reports and analyzes, researches, and resolves variances.
-Internally active and requires the analyst to work closely with the physician offices.
-Analyzes and explains variances between daily deposits of payment at the time of service and monitors network practices; ensures variances are resolved.
-Analyzes the physician offices' daily cash output via deposit reports to ensure the reports are accurate and timely.
-Researches and analyzes all unidentified discrepancies on the deposit slips, deposit logs, and system- generated batch reports and monitors the resolution of variances.
-Researches and validates misallocated patient payments and communicates discrepancies to the physician's offices.
-Researches and verifies the validity of daily credit card chargebacks.
-Responsible for timely communication to management of progress, problems, solutions, or any significant factor affecting the cash reconciliation.
-Ensures that the request for information from Billing, Follow-Up, Collection, Customer Service, Cashier, Reconciliation, Administration, and other areas are carried out timely. Maintain helpful and supportive relationships with each other and staff within Finance.
-Monthly reporting and reconciliation of cash received and cash posted with the finance department.
-Adheres to Organizational competencies and standards of behavior."
-Minimum of 2+ years of accounting experience with emphasis on reconciliation functions.
-Excellent written and verbal communication skills.
-Proficient computer skills that may include but are not limited to Microsoft Office and/or Google Suite platforms.
-Must be detail-oriented and capable of working in a fast-paced environment.
-Must be proficient in Excel
-Bachelor's degree in Finance/Accounting from an accredited program.
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