Payment Processing Specialist

Falck Patient Financial Services; Mesa (AZ); On-site; USD 48,000 - 62,000; Full time

Benefits offered by this job

Medical benefits

401(k) with company match

Training and Career Development

Job summary

Falck Patient Financial Services in Mesa, AZ is seeking a detail-oriented Payment Processing Specialist (Cash Application Specialist) to own daily cash posting, apply payments, adjustments, and support bank reconciliation in a fast-paced healthcare revenue cycle.

You will post checks, ACH, and other remittances, review remittance advice, resolve discrepancies, and ensure postings are accurate and documented, contributing to month-end close and cash balancing.

Qualifications

• Detail-oriented and highly accurate in handling cash postings and reconciliations.
• 2+ years of experience in Revenue Cycle with cash posting, payment application, and reconciliation.
• Ability to work independently, meet daily deadlines, and prioritize multiple tasks.
• Strong problem-solving and analytical skills with proficiency in Excel or billing systems.

Responsibilities

• Post daily cash, including checks, ACH, EFT, credit card payments, and other remittances.
• Use cash spreadsheets to track deposits, posting status, unapplied cash, and reconciliation items.
• Perform bank reconciliations to ensure deposits match bank activity and internal records.
• Research and resolve payment discrepancies, short pays, overpays, and unidentified cash.
• Apply payments, contractual adjustments, write-offs, and other account-level activity in the billing system.
• Review remittance advice and supporting documents to ensure payments follow payer instructions.

Skills

Attention to detail

Cash posting

Bank reconciliation

Analytical skills

Tools

Spreadsheets

Billing systems

Job description

At Falck US, Revenue Cycle Management isn’t just numbers — it’s how we help people after some of the most stressful moments in their lives. When we post payments accurately and reconcile cash correctly, we make it easier for patients, payors, and our colleagues in Operations, Insurance Relations, and Patient Experience to do the right thing.

We are looking for someone who is detail-oriented, dependable, and ready to take ownership of daily cash posting and bank reconciliation activities using cash spreadsheets and internal systems.

The Payment Processing Specialist (Cash Application Specialist) is responsible for the accurate and timely posting of payments, adjustments, and other cash transactions across assigned accounts. This role also supports daily bank reconciliation, cash balancing, and review of cash spreadsheets to ensure all receipts are properly accounted for and applied.

This position plays a key role in maintaining the integrity of the revenue cycle by ensuring cash is posted accurately, unapplied cash is minimized, and reconciliation issues are identified and resolved quickly. The ideal candidate is organized, highly accurate, and comfortable working with daily financial data in a fast-paced healthcare environment.

What We Offer:

· Full-Time Benefits (Medical, Dental, Vision, Life)

· 401(k) with company match

· Training and Career Development

Essential Functions:

In this role you will:

• Post daily cash, including checks, ACH, EFT, credit card payments, and other remittances as applicable.
• Use daily cash spreadsheets to track incoming deposits, posting status, unapplied cash, and reconciliation items.
• Perform bank reconciliation activities to ensure deposits and receipts match bank activity and internal records.
• Research and resolve payment discrepancies, short pays, overpays, duplicate payments, and unidentified cash.
• Apply payments, contractual adjustments, write-offs, and other account-level activity accurately in the billing system.
• Review remittance advice and supporting documentation to ensure payments are posted according to payer instructions and internal guidelines.
• Monitor and resolve unapplied and misapplied cash in a timely manner.
• Communicate with payors, internal teams, and leadership as needed to resolve payment or reconciliation issues.
• Maintain accurate records and supporting documentation for all cash posting and reconciliation activity.
• Assist with month-end closing support, reporting, and cash balancing activities.
• Identify trends or recurring issues in cash posting and reconciliation and elevate concerns to leadership.
• Follow established SOPs and internal controls to maintain accuracy and compliance.
• Support process improvement efforts to strengthen cash posting efficiency and reconciliation accuracy.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The individual in this position must possess the following qualifications:

• Strong attention to detail and accuracy.
• 2+ years of experience in a Revenue Cycle environment, with a focus on cash posting, payment application, and reconciliation.
• Ability to work independently, manage daily deadlines, and prioritize multiple tasks.
• Strong problem-solving and analytical skills.
• Comfortable working with spreadsheets, financial data, and internal billing systems.
• Clear written and verbal communication skills.
• Ability to work collaboratively with internal departments and external payors.
• Dependable, organized, and able to follow structured processes consistently.

Working Conditions:

The working conditions described below are representative of those a team member encounters while performing the essential duties and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities of this job.

· Small to medium office or shared work space

· Work varied shifts to include days, nights, weekends and holidays

Physical Requirements:

The physical demands described below are representative of those that must be met by a team member to successfully perform the essential duties and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

· Ability to sit for long periods of time

· Ability to use a computer for long periods of time

· Ability to use hands to handle, control, or feel objects, tools, or controls.

· Ability to repeat the same movements for long periods of time

· Ability to push and lift to 25 lbs.

This job description is a summary of duties, it is by no means an all-inclusive list but is merely a broad guide of expected duties.

Falck is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, disability, sexual orientation, genetic information, veteran status or any other characteristic protected by state or federal law.

Falck is an Equal Opportunity / Affiantive Action Employer.
An Equal Opportunity Employer. Our employment decisions are made without regard to race, color, religion, age, sex, gender identity, gender expression, citizenship, ancestry, national origin, sexual orientation, disability, veteran status, military status, marital status, genetic information or any other characteristic protected by applicable federal, state, or local law.
EEO is the Law • Pay Transparency Nondiscrimination Provision