Financial Transactions Specialist

1 day ago

Nagpur, Maharashtra, India beBeeReconciliation Full time ₹ 8,00,000 - ₹ 12,00,000
Reconciliation Specialist

Our team is seeking a highly skilled Reconciliation Specialist to join our organization. This role involves gathering, posting, and reconciling payments received by the revenue team.

  • The ideal candidate will have a solid understanding of industry standards and practices, as well as good accounting knowledge and reporting skills.
Key Responsibilities:
  • Gather, post, and reconcile payments received by the revenue team.
  • Monitor and manage incoming payments.
  • Retrieves and posts remittances from applicable payor websites when remittance is not available from clearinghouse.
  • Reviews remittances for applicable adjustments and transfers balance to secondary or patient responsibility when appropriate.
  • Responds to questions related to payment application and works closely with onshore team to resolve any account variances.
  • Researches and corrects keying errors as needed.
  • Documenting the root cause and discrepancies and generating reports based on department protocols.
  • Documenting the results of research and amends appropriate systems as required to reconcile payments.
  • Identifying trends in improved internal processes, systems, etc. as needed.
Required Skills and Qualifications:
  • Any relevant accounting college degree with 3-7 years of experience.
  • Good knowledge on technical accounting.
  • Good understanding of insurance accounting, basic to complex technical accounting, and reconciliation processes.
  • Accounting expertise, good knowledge of accounting standards and regulations, considerable knowledge of internal and external account audits.
  • Working knowledge of spreadsheet applications and software applications and advanced financial statement preparation skills.
  • Detail oriented with strong mathematical and organizational skills.
  • Ability to report at the right level according to requirement (Headline, Summary, Detail).
  • Effective verbal and written communications skills.
  • Highly proficient in the use of common business applications such as Excel, Word, Access, Outlook, Teams.
Benefits:
  • Competitive compensation package.
  • Opportunity to work with a dynamic team.
  • Professional development and growth opportunities.

This role offers a unique opportunity to make a meaningful impact in our organization. If you are a motivated and detail-oriented individual with a passion for reconciliation, we encourage you to apply.

Financial transactions specialist. Financial transactions manager. Financial analyst. Accountant. Insurance accounting expert. Technical accounting professional. Reconciliation specialist.',

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