
Financial Transactions Specialist
24 hours ago
Role Overview
This position is responsible for gathering, posting, and reconciling payments received by the Revenue Team.
The individual will independently solve complex problems, integrating in-depth knowledge of reconciliation areas with a solid understanding of industry standards and practices.
- Good understanding of insurance accounting principles and reporting requirements.
- Monitors and manages incoming payments.
- Retrieves and posts remittances from applicable payor websites when available.
- Reviews remittances for adjustments and transfers balances as necessary.
- Responds to questions related to payment application and works closely with the onshore team to resolve account variances.
- Researches and corrects keying errors as needed.
- Documents root causes and discrepancies, generating reports according to department protocols.
- Ensures all workflow items are completed within set turn-around times with quality expectations.
- Reconciles payments to ensure accurate accounting system transactions.
- Performs daily financial transactions such as verifying, calculating and posting accounts receivable data.
Desired Experience and Skillset
- Relevant accounting degree with 3-7 years of experience.
- Good technical accounting knowledge.
- Understanding of reconciliation processes and strong accounting expertise.
- Working knowledge of spreadsheet applications and software applications.
- Detail-oriented with strong mathematical and organizational skills.
- Effective verbal and written communication skills.
- High proficiency in common business applications such as Excel, Word, Access, Outlook, Teams.
- High level of competency with Reconciliation.
About This Opportunity
This is an exciting opportunity to join our team and leverage your skills and experience to drive results.
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