Recovery & Overpayments Accountant II (Hybrid)

Financial Services Division; Chicago (IL); Hybrid; USD 42,000 - 93,000; Full time

Job summary

HCSC is seeking an Accounts Receivables - Recovery Maintenance specialist to research, reconcile, and resolve claim overpayments and related balances. The role partners with internal departments, providers, and external customers to ensure accuracy and compliance.

This position offers hybrid work (3 days in the office, 2 days remote) and opportunities to contribute to process improvement while supporting financial analysis and reporting.

Qualifications

• Degree in business and 2 years accounting experience, or 6 years accounting experience.
• Strong analytical skills and attention to detail.
• Clear written and oral communication with good grammar.

Responsibilities

• Research, analyze, and resolve claim overpayment inventory discrepancies.
• Perform account reconciliations and financial analysis to identify and resolve balances and discrepancies.
• Review and process manual account adjustments and recovery transactions.
• Respond to provider, customer, and internal inquiries via phone, email, and mail.
• Process, track, and balance returned checks, stop payments, and settlement checks.
• Generate and distribute monthly, quarterly, and semi-annual reports.
• Utilize financial and claims systems to validate transactions and support issue resolution.
• Coordinate with offshore staff to ensure quality and adherence to procedures.
• Document processes and resolutions to support compliance.
• Identify opportunities to improve efficiency and accuracy.

Skills

Analytical skills

Written and oral communication

Reading financial reports

Education

Degree in Accounting

Degree in Business

Tools

MS Word

Excel

Blue Star billing system

Claims GUI

Financial Payment Database

Job description

HCSC is seeking an Accounts Receivables - Recovery Maintenance specialist to research, reconcile, and resolve claim overpayments and related balances. The role partners with internal departments, providers, and external customers to ensure accuracy and compliance.

This position offers hybrid work (3 days in the office, 2 days remote) and opportunities to contribute to process improvement while supporting financial analysis and reporting.