Cash Disbursement Analyst

Emergent Holdings•Lansing, MI

13h

About The Position

The Cash Disbursement Analyst initiates, prints, and distributes general disbursements for the enterprise; completes routine general ledger entries; researches and updates payee information; and supports daily cash management and disbursement reporting. The role interacts with enterprise employees, claimants, policyholders, enterprise vendors, the Blue Cross Blue Shield cash management team, and bank liaisons. The position balances, validates, prints, and distributes disbursements; processes daily, monthly, and quarterly ACH transactions and wires; supports check administration and cash-position reporting; and performs routine accounting entries. It also researches check and policy-payment inquiries, maintains records and system data, supports unclaimed-property reporting, and tests check-printing software when systems are updated. Work is performed in an office setting with no unusual hazards.

Requirements

High school diploma or GED and a minimum of an associate degree in accounting; combinations of relevant education and work experience may be considered in lieu of credit hours.
At least three years of experience in accounts payable, general ledgers, and financial reporting systems, or equivalent work providing the necessary skills, knowledge, and abilities; alternatively, a bachelor’s degree in accounting or finance and one year of relevant experience.
Ability to perform mathematical calculations and proofread documents for calculation accuracy.
Effective organizational skills and ability to prioritize work and meet established deadlines.
Effective oral and written communication skills.
Basic knowledge of general accounting and bookkeeping methods, including journal entries, general ledger accounts, and cost center structures.
Basic knowledge of word processing, database applications, and other desktop software.
Knowledge of spreadsheet applications.
Ability to enter alphanumeric data accurately.
Ability to use diplomacy, discretion, and appropriate judgment when addressing callers.

Responsibilities

Balance, validate, print, and distribute general disbursements for the enterprise.
Perform daily, monthly, and quarterly ACH transactions and wires for inter-company payments, vendor payments, and employee expense reimbursements.
Determine the number of accounts payable checks issued for Accident Fund General and Accident Fund National disbursements and request amounts to be swept between companies.
Request and verify check stop-payment and void requests from operating units with banking institutions for refunds, accounts payable, dividends, commissions, and profit-sharing checks.
Prepare daily management reports showing the cash position for each operating unit.
Maintain detailed enterprise cash-position spreadsheets.
Execute routine enterprise general ledger journal entries, including cash, loss payment, stop and void, adjusting, and accounts payable check re-classing entries.
Research checks issued for the enterprise.
Update Web series with daily check status.
Send required correspondence to payees regarding unclaimed property and extract outstanding-check information from Web series for unclaimed-property reporting.
Update and check the status of outstanding checks in Tracker.
Assist with unclaimed-property inquiries from reporting states.
Respond to internal and external requests regarding check status and check copies.
Research policyholder payments in Waypoint.
Request policy payment checks from banking institutions for refund research.
Complete ad hoc queries of ancillary systems.
Test check-printing software and Web series when system updates or changes are made.
Maintain and verify data accuracy in ancillary systems.
Maintain confidentiality of processed information.