Financial Specialist - Finance Operations

Wellmark•Des Moines, IA

About The Position

Responsible for the handling, depositing, and recording of all incoming funds to various systems, maintaining financial records, and researching/answering payment/refund inquiries, all within established time frames and quality standards. Ensures all banking information is set up accurately and timely. Collaborates with personnel from banks to resolve payment/receipt issues in a timely and professional manner. Participates in cross-functional teams that support and enhance corporate liquidity measures and in issue resolution.

Requirements

Associate degree in accounting, finance or business, or direct and applicable work experience.
Prior accounting/financial experience, with an understanding of remittance processing and banking, or experience working in billing and collections processing.
General health insurance knowledge.
Demonstrated effective verbal and written communication skills, with the ability to collaborate and build effective relationships.
Strong technical acumen, with demonstrated experience in Microsoft Office applications (specifically Excel and Access) and the ability to learn new systems quickly.
Demonstrated ability to work under pressure to meet timeliness and accuracy guidelines.
Ability to work independently and cooperatively on teams, maintaining positive relations with customers.
Attention to detail, mathematic and data entry skills.

Nice To Haves

Workday or comparable financial accounting system experience.
Knowledge of Facets and ABS.
Knowledge of Frontier and Document Management System

Responsibilities

Operate scanning equipment and process and post incoming payments to various systems for all lines of business.
Classify payments appropriately to ensure funds are deposited to appropriate bank accounts.
Void or reissue refunds as needed. Record voided or reissued checks for financial reporting.
Review documentation and accurately post and process returned payments.
Update customer banking information within the established deadlines by system to ensure compliance with NACHA requirements.
Answer inquiries in a timely manner. Research and answer inquiries by providing complete and accurate responses using knowledge of funding arrangements, cash management processes, and accounting skills.
Communicate effectively, verbally, or in writing with other team members, areas of the company, and our customers.
Support and participate in testing system enhancements and in cross-functional projects impacting cash processing.
Other duties as assigned.