Accounting Disbursement Analyst

bcbsks; United States; Hybrid; USD 33,000 - 39,000; Full time

Benefits offered by this job

EPIP incentive pay

Health, Vision, Dental insurance

6 weeks parental leave

Fertility/Adoption assistance

2 weeks caregiver leave

401(k) match up to 5%

Tuition reimbursement

Health & fitness benefits

Job summary

Blue Cross and Blue Shield of Kansas is seeking a Payments Specialist to manage disbursement payments with accuracy and adherence to policy. You will perform reconciliations, handle inquiries, and support audits in a hybrid/on-site role based in Kansas/Missouri.

The ideal candidate has an accounting or finance background with strong Excel and accounting software skills, attention to detail, and the ability to handle confidential information.

Qualifications

• High school diploma or equivalent required.
• Associate's degree in Accounting, Finance or related field preferred.
• Experience with accounting software and systems is advantageous.

Responsibilities

• Produce and distribute checks processed within Accounting Services, ensuring timely and accurate payments.
• Process manual claim payments outside of the claims system and pay broker commissions.
• Reconcile daily claim reports to the check register and administer the payment reconciliation system.
• Perform monthly bank reconciliations and research discrepancies to maintain financial accuracy.
• Ensure compliance with company policies and procedures in processing payments.
• Research and respond to payment inquiries and resolve issues timely and professionally.
• Identify and document system issues to be resolved; suggest improvements for efficiency.
• Manage escheatment for reporting unclaimed property to the state.
• Provide support to internal and external auditors regarding disbursement transactions and policies.

Skills

Attention to detail

Time management

Communication

Discretion

Education

High school diploma or equivalent

Associate's degree in Accounting/Finance

Tools

Excel

Accounting software

Job description

Are you ready to make a difference? Choose to work for one of the most trusted companies in Kansas.

Why Join Us?

• Make a Positive Impact: Your work will directly contribute to the health and well-being of Kansans.
• Family Comes First: Total rewards package that promotes the idea of family first for all employees. Paid vacation and sick leave with paid maternity and paternity available immediately upon hire
• Professional Growth Opportunities: Advance your career with ongoing training and development programs.
• Dynamic Work Environment: Collaborate with a team of passionate and driven individuals in a work environment that promotes flexibility.
• Trust and Stability: Work for one of the most trusted companies in Kansas with over 80 years of commitment, compassion and community.
• Inclusive Work Environment: We pride ourselves on fostering a workplace where everyone is valued and respected.

Benefits & Perks

• Base compensation is only one component of your competitive Total Rewards package Incentive pay program (EPIP)
• Health/Vision/Dental insurance
• 6 weeks paid parental leave for new mothers and fathers
• Fertility/Adoption assistance
• 2 weeks paid caregiver leave
• 401(k) plan matching up to 5%
• Tuition reimbursement
• Health & fitness benefits, discounts and resources

Job Summary

This position is responsible for processing disbursement payments, ensuring accuracy and adherence to company policies within expected time frames. In addition, this position performs payment reconciliations, manages payment inquiries, and supports internal and external audits.

Work Location

This position is eligible to work hybrid or onsite in accordance with our Telecommuting Policy. Applicants must reside in Kansas or Missouri or be willing to relocate as a condition of employment.

What you'll do

• Produce and distribute checks processed within Accounting Services, ensuring timely and accurate payments.
• Process manual claim payments outside of the claims system and pay broker commissions.
• Reconcile daily claim reports to the check register and administer the payment reconciliation system to ensure accuracy of payments and reports.
• Perform monthly bank reconciliations and conduct related research to resolve discrepancies and maintain financial accuracy.
• Ensure compliance with company policies and procedures in processing payments.
• Research and respond to payment inquiries and resolve issues timely and professionally.
• Identify and document system issues to be resolved, recommending system or process enhancements for improved efficiency.
• Manage the escheatment for reporting unclaimed property to the state.
• Provide support to internal and external auditors regarding disbursement transactions and policies.

What you'll need

Education

• High school diploma or equivalent required
• Associate's degree in Accounting, Finance or related field preferred

Experience

• Less than 1 year's experience in a banking, accounts payable or cash disbursement role required
• Minimum 2 years' experience in a business operations or banking environment required
• Previous experience with accounting software and systems preferred

Travel

No travel

Knowledge, Skills and Abilities

• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Excellent attention to detail and accuracy in processing payments with problem solving skills to address and resolve outstanding issues.
• Strong organizational and time management skills with the ability to manage multiple tasks.
• Effective communication skills, both verbal and written, with the ability to work independently and as part of a team.
• Ability to handle sensitive and confidential information with discretion.
• Good understanding of financial controls and risk management.
• Knowledge of bank reconciliation methods and practices with an understanding of state laws regarding unclaimed property and escheatment processes.

Compensation

$24.11 - $28.60 hourly

Blue Cross and Blue Shield of Kansas offers excellent competitive compensation with the goal of retaining and growing talented team members. The compensation range for this role is a good faith estimate, it is estimated based on what a successful candidate might be paid. All offers presented to candidates are carefully reviewed to ensure fair, equitable pay by offering competitive wages that align with the individual's skills, education, experience, and training. The range may vary above or below the stated amounts.

Our Commitment to Connection and Belonging

At Blue Cross and Blue Shield of Kansas, we are committed to fostering a culture of connection and belonging, where mutual respect is at the foundation of our workplace. We provide equal employment opportunities to all individuals, regardless of race, color, religion, belief, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin, age, physical or mental disability, marital status, sexual orientation, gender identity, gender expression, genetic informat