Accounts Receivable Specialist - 12 Month Contract

McKesson•Mississauga, ON

2d•CA$50,000 - CA$66,600•Hybrid

About The Position

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. We are seeking an Accounts Receivable Specialist (Cash Application) to support the accurate processing, application, and reconciliation of payments from patients and third-party payers. In this role, you will play a key part in maintaining financial accuracy, supporting cash flow management, and ensuring timely account reconciliation within a fast-paced healthcare environment. You will work collaboratively with cross-functional teams while managing daily financial transactions and payment activities.

Requirements

Post-secondary diploma or degree in Accounting, Finance, Business Administration, or a related field, or an equivalent combination of education and experience.
Minimum 2 years of experience in Accounts Receivable, Cash Application, Payment Processing, or a related finance function.
Intermediate proficiency with Microsoft Excel.
Experience performing account reconciliations and processing financial transactions.
Strong attention to detail and organizational skills.
Ability to prioritize tasks, manage deadlines, and work independently in a fast-paced environment.
Strong written and verbal communication skills.

Nice To Haves

Experience processing pharmacy-related payments.
Experience using Kroll or similar pharmacy management/financial systems.
Experience working with insurance adjudication, healthcare billing, or third-party payers.
Experience identifying and implementing process improvements.
Experience managing high-volume transaction processing environments.

Responsibilities

Apply and reconcile payments received from patients and third-party insurance providers.
Process pre-authorized and credit card payments and accurately post transactions to customer accounts.
Perform daily cash and sales reconciliations using financial systems and Excel.
Reconcile third-party provider payments and investigate discrepancies.
Process approved account adjustments, write-offs, discounts, and bad debt transactions.
Maintain accurate records and audit documentation for payment processing activities.
Monitor outstanding balances, communicate regarding overpayments and unpaid invoices, and support healthy cash flow management.
Provide status updates on daily cash receipts and reconciliation activities.
Contribute to process improvement initiatives that enhance efficiency and accuracy.
Support additional accounts receivable and finance functions as required.