Accounts Receivable Representative
Job Description
Cash Application Analyst
Location: Philadelphia, PA 19103
Contract | 3+ Months (Possible Extensions)
Hybrid Onsite Mon, Tues, Wed
Job Description:
* Using established procedures to correctly identify and input premium & non-premium payments into the corresponding systems.
* Perform required cross-checks to ensure quality and data integrity.
* Ensure proper MAR and internal controls are utilized for all tasks.
* Utilize various systems to research payments received in house or via bank imaging tools.
* Collaborate with internal partners (Accounting, Billing, AR) to ensure payments are allocated/reconciled appropriately.
* Build relationships with external partners including bank vendors for payment research and issue resolution.
* Work within time constraints to meet all SLAs.
* Complete batching and prepping of incoming mail in alignment with internal controls.
* Ensure timely research and application of payments from the daily exception report.
* Complete daily reconciliation of premium receipts and resolve variances.
* Understand types of payment adjustments and customer impact.
* Understand how daily deliverables affect business partners and customer experience.
* Research and complete inquiries within internal SLAs.
* Suggest, develop, and implement process improvements.
* Maintain awareness of daily deliverables and proactively resolve exceptions.
* Perform other tasks as business needs require.
* Participate in projects as needed.
Qualifications:
* Bachelor's degree or equivalent with up to 3 years relevant experience.
* Ability to manage competing priorities effectively.
* Strong engagement with team members for daily tasks, problem resolution, and planning.
* Ability to analyze data and identify root causes.
* Must function well in a fast paced, details oriented environment.
* Excellent written and verbal communication skills.
* Proficient in Microsoft Excel, Word, and Outlook.
* Treasury experience in Healthcare/Insurance preferred.
* Web based application and PeopleSoft experience preferred.