Payment Associate-2

Harris Global Business Services (GBS); Mumbai; On-site; INR 400,000 - 600,000; Full time

Job summary

A financial services company in Mumbai seeks a detail-oriented professional to manage payment processing and reconciliations. The role involves accurately posting payments into the billing system, reconciling daily deposits, and identifying payment posting errors. Candidates should be proactive in resolving discrepancies and assisting with month-end closing activities. Knowledge of industry best practices and payer guidelines is highly valued.

Responsibilities

• Accurately post payments, adjustments, and denials into the billing system.
• Reconcile daily deposits with bank statements and internal reports.
• Identify and resolve payment posting errors in a timely manner.
• Assist in month-end closing activities by providing accurate payment data.
• Stay updated on payer guidelines and industry best practices.

Job description

• Accurately post payments, adjustments, and denials into the billing system from multiple sources (EOBs, EFTs, checks, and online portals).
• Reconcile daily deposits with bank statements and internal reports to ensure zero discrepancies.
• Identify and resolve payment posting errors, underpayments, or overpayments in a timely manner.
• Assist in month-end closing activities by providing accurate payment data and reports.
• Stay updated on payer guidelines, remittance formats, and industry best practices.