Treasury Associate

Rising Medical Solutions, LLC; Chicago (IL); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Health insurance

401k with company match

Paid time off

Paid holidays

Monthly onsite happy hour

Casual dress code

Job summary

Rising Medical Solutions, LLC is seeking a Treasury Associate to maintain daily tracking and funding requirements for clients, oversee provider payments and refunds, and support reconciliation processes. The role interfaces with Corporate Accounting, Account Managers and Clients to ensure timely and accurate cash activity.

The position emphasizes day-to-day cash management, ACH/EFT processing, and collaboration with banking partners; prior exposure to medical claims processing is helpful.

Qualifications

• BS in Accounting or related field required.
• Knowledge of medical claims processing is helpful.
• Experience with ACH and EFT transactions and processing.
• Ability to oversee day-to-day cash positions and bank balances.
• Post GL entries and reconcile cash-related reports.

Responsibilities

• Manage daily client funding confirmation reports.
• Address cash funding requirements through banking partners and client held accounts.
• Track and manage provider payment accounts for timely payments and transfers.
• Collaborate with Partner and Provider Support to manage 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

Medical claims processing

Third-party payment processors

ACH & EFT processing

Cash flow management

General Ledger entries

Education

BS in Accounting or related field

Job description

The Treasury Associate is responsible for maintaining daily tracking and funding requirements for all Rising Medical Solutions' Clients, oversees third-party provider payments and refunds, and support various reconciliation processes.

Responsibilities

• Manage daily client funding confirmation reports
• Address cash funding requirements through Rising Medical's banking partners and client held accounts.
• Track and manage all Rising Provider Payment accounts for timely payment, transfers of funding for third-party payments and Rising's fees, and proper application of payments.
• Collaborate with Rising's Partner and Provider Support team to manage the Provider Check Refund process regularly.
• Oversee Voided and Expired Draft notifications and resolve timely
• Responsible for the application of all transactions related to Ancillary Services
• Responsible for the application of all MSA Member Accounts
• Interface with Corporate Accounting team, Account Managers and Clients as needed
• Assist Accounting Staff with ad-hoc duties & projects

Education/Training

• BS in Accounting or equivalent related field experience

Experience

• Previous knowledge of medical claims processing helpful
• Knowledge of third-party payment processors
• Experience with ACH and EFT Bank transactions and processing
• Ability to oversee day-to-day cash positions and bank balances
• Post General Ledger entries and reconcile supplementary reports for cash transactions

• Competitive benefits package, including health insurance, 401k with company match, paid time off, paid holidays, and more.
• Monthly onsite happy hour
• A relaxed, yet upbeat, work environment with jeans professional attire
• Unlimited coffee!
• Supportive, close-knit team
• Meaningful work in healthcare administration
• Leadership that invests in your success
• Rising was named a Top Workplace in the healthcare industry for 2023!

Check out our profile here: Rising Medical Solutions, Inc Profile (topworkplaces.com)

We're on YouTube! Check out our culture at: http://www.youtube.com/user/RisingMedical

Want to see more? Check out our website: Medical Bill Review | Hospital Bill Auditing | Medical Cost Containment

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