Cash Reconciliation Representative

Mass General Brigham•Somerville, MA

2d•$18 - $25•Remote

About The Position

The Cash Reconciliation Representative reports to the Cash/Remittance Managers and is responsible for daily and monthly reconciliation of manual and automated cash processes. The role reconciles daily bank links for multiple Mass General Brigham entities and works closely with Cash Accounting to resolve discrepancies and prepare daily and monthly reconciliation documents for the accounting team. The representative is expected to perform tasks independently while also working effectively as part of a team. This is a remote role with required hours of Monday through Friday, 8:00 AM–4:30 PM EST. A quiet, secure, stable, HIPAA-compliant workstation is required. The position is scheduled for 40 hours per week.

Requirements

High school diploma or equivalent.
Two years of general office experience.
One to three years of accounting experience.
Demonstrated reconciliation experience in a healthcare or financial environment.
Ability to take responsibility for and perform tasks independently, as well as work effectively in a team environment.

Nice To Haves

Knowledge of the Epic system.

Responsibilities

Reconcile daily bank links for multiple entities.
Ensure cash deposits, including checks, credit cards, and lockbox payments, are posted to the appropriate accounts.
Reconcile multiple accounts receivable systems to ensure accurate posting of full deposits.
Research and resolve missing or unidentified cash, checks, or credit cards.
Track unidentified transactions and report monthly balances, including amounts added to and cleared from the unprocessed cash account.
Maintain spreadsheets and prepare monthly reconciliations for the Cash Accounting Team.
Implement and monitor tracking mechanisms for payment accuracy, error correction, and reconciliation-related reporting.
Communicate and present issues to appropriate finance levels or external customers.
Ensure quality work products are produced in a timely manner.
Assist with compiling financial reports.
Analyze issues to support management inquiries and decision-making, and participate in other requested projects.
Recommend operational changes to improve departmental efficiency.
Perform duties in accordance with departmental policies and procedures.
Perform other duties and special projects assigned by the management team.