Cash Application Specialist
4 days ago
About the Role
Abacus is seeking a highly skilled Cash Application Specialist - Financial Operations Expert to join our team. As a key member of our financial operations department, you will be responsible for processing cash receipts and postings to customer accounts, identifying daily unapplied amounts, and maintaining accurate records for auditing purposes.
About You
To succeed in this role, you will need strong analytical and problem-solving skills, advanced knowledge of Microsoft Word and Excel, and excellent customer service and communication skills. Experience in customer service or insurance-related roles/processes is also beneficial.
The Ideal Candidate
We are looking for a self-starter with a sense of urgency who can work well under pressure. If you have knowledge of vision and/or insurance benefits, understand third-party benefits and administration, and are knowledgeable in continuous improvement methods, you will be at an advantage.
Key Responsibilities
- Process cash receipts and postings to customer accounts
- Identify daily unapplied amounts and post to customer accounts
- Maintain accurate records for auditing purposes
- Receiving and recording US trade, export, and intercompany payments received from lockbox, EFTs, wire transfers, credit cards
- Support center management and the A/R Manager with respect to relevant issues relating to cash receipts, applications, collections, and bankruptcies
Requirements
- Bachelor's degree in a related field
- 2+ years of experience in customer service or insurance-related roles/processes
- Advanced knowledge of Microsoft Word and Excel
- Excellent customer service and communication skills
- Strong analytical and problem-solving skills
Salary Range
$60,000 - $80,000 per year, depending on experience
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