Cash Reconciliation Specialist

Full Time
Remote
Posted 2 weeks ago

Job Description:

The Cash Reconciliation Specialist’s primary responsibility will be the daily and monthly balancing of cash to ensure deposits and posted cash balances. As a result, this position will be required to create and maintain cash reports, and identify and report any payment issues or discrepancies to the Cash Posting Manager.

Responsibilities:

  • Update and maintain daily/monthly cash reports; Verify and record deposits, bank adjustments, and transfers.
  • Balance lockbox, deposits and record information on cash report.
  • Run system report throughout the month to ensure posted cash balances to daily deposits.
  • Review and communicate necessary corrections on all cash variance (e.g. balance, date, posting, etc.) communicate posting errors to staff/Management for correction.
  • Post payments/denials to patient accounts accurately and balance all checks when necessary.
  • Accurately key dollar amount, check numbers, check dates, account names, batch numbers, and other data into patient account notes, the Accounts Receivable Billing System, spreadsheets and other tracking mechanisms.
  • Post adjustments and write off reversals from A/R Follow up when necessary; Assist with cash work bins, resolving unapplied cash, and refunds as necessary.

Requirements:

  • High school diploma or GED required. Associates Degree or certificate of completion from a billing and coding school preferred.
  • One (1) year prior related office work experience required. Previous cash reconciliation, accounting or cash handling experience preferred.
  • Working knowledge of Payor-specific requirements and guidelines for Cash Posting Department.
  • Understand Medical transportation and billing processes;
  • Add, subtract, multiply, divide, and handle complex calculations with efficiency and accuracy.
  • Proficiency in the accounts receivable billing system and use of Internet tools, (e.g., Internet mapping programs, eligibility websites, and address search engines).
  • Understand Insurance Terminology and Medicare, Medicaid/Medi-Cal, private insurance billing guidelines.

Benefits:

Integra Connect, LLC provides a comprehensive benefits plan.

  • Medical/Dental/Vision Insurance beginning the 1st of the month following your date of hire
  • 401k with employer match
  • Paid Time Off
  • Paid Holidays and Floating Holiday

Equal Opportunity Employer

Job Features

Job CategoryCash, Revenue Management

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