Cash Application Accounting

Ankr Global; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

Ankr Global is seeking an Analyst / Senior Analyst to support Cash Clearing within the Healthcare Revenue Cycle domain. You will review unapplied payments, analyze transactions, and ensure accurate patient account postings.

The role involves reconciliation against bank deposits and remittance data, resolving discrepancies, and collaborating with billing, collections, payer, and client teams. Strong Excel skills and healthcare system familiarity are preferred.

Qualifications

• Experience in Healthcare Revenue Cycle Management (RCM)
• Experience in Patient AR and cash posting processes
• Experience in cash reconciliation and payment research
• Strong analytical and problem-solving abilities
• Proficiency in Excel (Pivot Tables, VLOOKUP, XLOOKUP) and reporting
• Good communication and stakeholder management skills

Responsibilities

• Review and clear unapplied and unidentified cash payments.
• Analyze payment transactions and allocate them to the appropriate patient accounts.
• Resolve cash posting discrepancies and reconciliation exceptions.
• Process adjustments, refunds, and transfers as applicable.

Skills

Healthcare RCM

Patient AR

Cash posting

Analytical thinking

Excel (Pivot Tables)

XLOOKUP

Communication

Education

Graduate in Commerce/Finance/Business

Tools

Epic

Cerner

Meditech

Athena

Job description

Job Title

Analyst / Senior Analyst - Cash Clearing.

Key Responsibilities

Cash Application & Clearing

• Review and clear unapplied and unidentified cash payments.
• Analyze payment transactions and allocate them to the appropriate patient accounts.
• Resolve cash posting discrepancies and reconciliation exceptions.
• Process adjustments, refunds, and transfers as applicable.

Account Reconciliation

• Reconcile daily cash postings against bank deposits and remittance information.
• Investigate payment variances and unmatched transactions.
• Identify root causes of cash balancing issues and recommend corrective actions.

AR Resolution

• Research aged unapplied cash and outstanding credits.
• Work with billing, collections, payer, and client teams to resolve account discrepancies.
• Ensure accurate documentation of actions taken in the system.

Reporting

• Track aging of unapplied cash and open issues.
• Highlight risks and escalations to leadership.

Required Skills

• Strong understanding of Healthcare Revenue Cycle Management (RCM).
• Knowledge of Patient AR and cash posting processes.
• Experience in cash reconciliation and payment research.
• Analytical and problem-solving abilities.
• Proficiency in Excel (Pivot Tables, VLOOKUP/XLOOKUP, reporting).
• Good communication and stakeholder management skills.

Preferred Qualifications

• Graduate in Commerce, Finance, Business, or related field.
• 2-5+ years of experience in Healthcare RCM, Patient AR, Cash Posting, or Cash Clearing.
• Familiarity with Epic, Cerner, Meditech, Athena, or other healthcare systems is an advantage