Cash Reconciliation Coordinator

FMOLHS • Baton Rouge, LA

2d

About The Position

Cash Reconciliation Coordinator plays a vital role on the Accounting and Revenue Cycle teams, reconciling and accounting for cash on a daily basis to ensure proper and timely posting to patient accounts.

Requirements

• 3 years experience in hospital billing - or- 3 years cash reconciliation experience
• Associates degree

Responsibilities

• Coordination of treasury functions related to disbursement of cash
• Effectively communicates with bank, management, and accounting team.
• Works directly with Revenue Cycle team members to improve daily cash reconciliation process
• Cash controls
• Reconcile home office petty cash.
• Resolves daily exceptions in bank.
• Request, setup, and maintain banking templates.
• Processes weekly transfer of funds from PNC bank accounts and process company wires.
• Maintains copies of bank statements and department processes.
• Review/evaluate treasury services, monitors fees and reports findings to Accounting management.
• Monitors disbursements that have not settled and Assist accounts with obtaining AR backup and proper recording of bank transactions.
• Sends positive pay files to bank.
• Issues stop payments via online banking system.
• Daily and Monthly financial reporting
• Keeps Accounting and Revenue Cycle leaders informed about cash discrepancies and unreconciled deposits
• Assist with timely reporting of daily cash reports and monthly cash reporting
• Participates in Revenue Cycle and Accounting department activities and meetings for team building

What This Job Offers

• Job Type: Full-time
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees