Cash Management & Payments Specialist

Rising-Medical-Solutions; Chicago (IL); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Health insurance

401k match

Paid time off

Paid holidays

Unlimited coffee

Supportive team

Job summary

Rising Medical Solutions in Chicago is seeking a Treasury Associate to maintain daily tracking and funding requirements for clients, oversee third-party provider payments and refunds, and support reconciliation processes.

You will manage daily client funding confirmations, coordinate with banking partners and client-held accounts, and collaborate with accounting teams on ad-hoc projects in a healthcare administration environment.

Qualifications

• BS in Accounting or related field required.
• Experience with ACH and EFT bank transactions.
• Knowledge of third-party payment processors and reconciliation.

Responsibilities

• Maintain daily client funding tracking and reporting.
• Oversee third-party provider payments and refunds.
• Support various reconciliation processes.
• Manage daily client funding confirmation reports.
• Coordinate with banking partners and client-held accounts.
• Track and manage provider payment accounts and cash transfers.
• Collaborate with Partner and Provider Support teams on refunds.
• Oversee Voided and Expired Draft notifications and resolve timely.
• Apply transactions related to Ancillary Services and MSA Member Accounts.
• Interface with Accounting, Account Managers, and Clients as needed.
• Assist Accounting staff with ad-hoc duties and projects.

Skills

ACH & EFT processing

Cash flow management

Bank reconciliations

Third-party payments

Medical claims knowledge

Education

BS in Accounting or related field

Job description

Rising Medical Solutions in Chicago is seeking a Treasury Associate to maintain daily tracking and funding requirements for clients, oversee third-party provider payments and refunds, and support reconciliation processes.

You will manage daily client funding confirmations, coordinate with banking partners and client-held accounts, and collaborate with accounting teams on ad-hoc projects in a healthcare administration environment.