Reconciliation Specialist

Springfield Clinic•Springfield, IL

18h

About The Position

The Reconciliation Specialist utilizes exceptional auditing and investigating skills to identify discrepancies and resolve them. Job Relationships Reports to the Remittance Process Supervisor Principal Responsibilities Reconciliation of Cash/Check/and credit card payments from patients with the bank deposits and the credit card companies on a daily basis Reconciling posted payments for multiple organizations against bank deposits Identifying and addressing deposits with missing remit information that prevents the payment from being posted onto the correct account. Retrieving remit and payment data from various insurance payer and vender websites Reports all deposit and posting activity to Accounting utilizing a variety of spreadsheets and tracking tools and works with venders to ensure timely and accurate reporting. Scans all required documents for accounting and/or document storage as needed, including daily jackets. Manages the flow of checks and cash shipped into the department by mail or from Clinical locations by depositing, reporting, and potentially posting the funds. Works with clinical teams to resolve batch issues. Responds to inquiries regarding missing or mis-posted payments. Monitors payer payment cycles and reports anomalies to leadership daily. Follows up on unposted activity to ensure the reason for the unposted monies is addressed in a timely manner. Monitors bank deposits by major payers and alerts leadership team of gaps or delays in payments. Distributes posting and deposit information to partner vendors. Posts Payroll deduction payments to accounts for Clinic Employees Deposits MOHA cash payments Assists leadership with projects within related scope of responsibility. Performs other job duties as assigned. Comply with Springfield Clinic incident reporting policy and procedures. Adhere to all OSHA and Springfield Clinic training and accomplishments as required per policy.

Requirements

High School graduate or GED required.
10 key calculator experience required.
Computer and typing skills required.
Must have a good understanding of basic accounting principles.
Must exercise good human relation skills in relating to other department.
Must be proficient at using Excel.

Nice To Haves

Previous banking/cashiering experience helpful.
Familiarity with insurance EOBs strongly preferred.

Responsibilities

Reconciliation of Cash/Check/and credit card payments from patients with the bank deposits and the credit card companies on a daily basis
Reconciling posted payments for multiple organizations against bank deposits
Identifying and addressing deposits with missing remit information that prevents the payment from being posted onto the correct account.
Retrieving remit and payment data from various insurance payer and vender websites
Reports all deposit and posting activity to Accounting utilizing a variety of spreadsheets and tracking tools and works with venders to ensure timely and accurate reporting.
Scans all required documents for accounting and/or document storage as needed, including daily jackets.
Manages the flow of checks and cash shipped into the department by mail or from Clinical locations by depositing, reporting, and potentially posting the funds.
Works with clinical teams to resolve batch issues.
Responds to inquiries regarding missing or mis-posted payments.
Monitors payer payment cycles and reports anomalies to leadership daily.
Follows up on unposted activity to ensure the reason for the unposted monies is addressed in a timely manner.
Monitors bank deposits by major payers and alerts leadership team of gaps or delays in payments.
Distributes posting and deposit information to partner vendors.
Posts Payroll deduction payments to accounts for Clinic Employees
Deposits MOHA cash payments
Assists leadership with projects within related scope of responsibility.
Performs other job duties as assigned.
Comply with Springfield Clinic incident reporting policy and procedures.
Adhere to all OSHA and Springfield Clinic training and accomplishments as required per policy.