Jr Cash Accountant

Carle Health • Champaign, IL

2d

About The Position

The Jr Cash Accountant supports daily cash management operations within Workday Financial Management. The role processes cash receipts, applies customer payments, performs bank reconciliations, researches unidentified deposits, and maintains accurate cash records. It works closely with Revenue Cycle, Treasury, Grants, Research, Foundation, and Accounting teams to ensure cash activity is recorded accurately and on time. The position also supports financial reporting, month-end and year-end close, audits, internal controls, system changes, and process improvement initiatives.

Requirements

• Associate's degree in Accounting or Finance.
• Work experience in accounting or finance.

Responsibilities

• Process and record cash receipts, ACH transactions, wire transfers, lockbox activity, and deposits in Workday Financial Management.
• Apply customer payments to invoices, grants, projects, gifts, and other Workday worktags, ensuring accurate coding and allocation.
• Reconcile daily and monthly cash activity among bank accounts, banking platforms, and the general ledger; identify and resolve routine reconciling items.
• Research unidentified deposits, unapplied cash, payment discrepancies, and other routine cash exceptions.
• Prepare cash-related transactions, account adjustments, and journal entries in accordance with established accounting policies and procedures.
• Monitor cash activity and prepare routine reports supporting cash reconciliation and financial reporting.
• Prepare supporting documentation and account reconciliations for month-end and year-end close.
• Support internal and external audit requests by gathering cash management documentation, reconciliations, and transaction support.
• Carry out cash management responsibilities in compliance with internal controls, accounting policies, regulatory requirements, and established procedures.
• Collaborate with Revenue Cycle, Treasury, Grants, Research, Foundation, and Accounting teams to ensure timely and accurate recording of cash activity.
• Process and monitor non-patient cash receipts, including grants, research funding, philanthropic contributions, donor gifts, and other organizational receipts.
• Coordinate with internal departments to investigate and resolve routine cash application issues and reconciliation questions.
• Maintain documentation supporting cash reconciliations, transaction processing, internal controls, and audit requirements.
• Assist with Workday Financial Management testing, upgrades, implementations, and workflow enhancements affecting cash management.
• Participate in process improvement initiatives related to cash application, reconciliation, and reporting.
• Serve as a departmental resource for routine cash management procedures and Workday cash transactions.

Benefits

• Comprehensive benefits package for team members and providers.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree