Cash Reconciliation Specialist

2 weeks ago


Melville, New York, United States Medix Full time
Job Overview

We are seeking a Cash Reconciliation Specialist to support our operations. The ideal candidate will be professional, dependable, and meet the qualifications outlined below.

Benefits:

  • Comprehensive dental, health, and vision coverage
  • Weekly compensation
  • Paid sick leave
  • Opportunity for a hybrid work schedule after the contract period

Work Schedule:

  • Monday to Friday, 8 AM to 4 PM

Position Type: Contract with the possibility of permanent employment

Compensation: $22-27 per hour

Key Responsibilities:

  • Manage the preparation and reconciliation of daily cash deposits and posting batches across all facilities.
  • Ensure precise reconciliation of cash batches in accordance with departmental cash control policies.
  • Process manual and ERA payments, including adjustments, while confirming that all transactions are balanced daily.
  • Utilize electronic platforms and websites to resolve issues, track missing payment remittances, and gather necessary information for payment postings. Escalate issues to the Cash Posting Manager as needed.
  • Assist in reviewing and testing system processes to improve automation related to ERAs, denial management, and banking functions.
  • Compile month-end cash performance KPI reports for management review.
  • Consistently achieve or surpass productivity and quality benchmarks as per departmental standards.
  • Prepare refunds for processing in line with established policies.
  • Coordinate with various departments and vendors regarding deposits and relevant correspondence.
  • Monitor and investigate unapplied cash to ensure accurate payment distribution.
  • Adhere to all organizational policies and procedures.

Qualifications:

  • High school diploma or equivalent (GED)
  • Previous experience in payment posting
  • Experience with EPIC is preferred

We look forward to your application.



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