CASH CONTROL ANALYST in Wesminster, Maryland at LifeBridge Health

• Lead person related to the cash posting functions for patient accounting. Responsible for the daily posting of cash via paper remit or electronic posting. Coordinates and test all new cash posting efforts regarding system upgrades, installs and any new program. Creates daily General Ledger logs.

KEY RESPONSIBILITIES:

• Process cash payment based on remittance advice received.
• Post accurately and in a timely manner ensuring that all discounts are properly calculated and posted to the patients account. Resolves all issues related to balancing remit that is posted to patient's accounts
• Process cash payment based on electronic remittance advices that are received.
• Balances remit using the error reports that are generated.
• Resolves all issues related to balancing the remit in an efficient and accurate manner.
• Process the daily deposit and completes the daily cash summary sheet in EXCEL.
• Performs the daily balancing of the excel file totals for the daily deposit to the patient accounting day end processing reports to ensure that all payments were posted to the patient accounting systems.
• Process the electronic files for the collection agency.
• Reviews the errors list and manually post any accounts that reject.
• Verifies that the total from the remittance file balances to the check less commissions. Processing daily non patient cash in the cash book module of Lawson.
• Ensures that cash is posted to the proper general ledger accounts and releases the cash book transactions for posting to the general ledger.
• Lead contact person for all activities related to the petty cash fund, change orders, credit card processing and deposit issues.
• Resolves deposit issues and returned checks with the bank.
• Coordinator and lead associate related to all new software upgrades testing and new systems related to cash posting.
• Attends the IT coordinators meetings when appropriate

REQUIREMENTS:

• Education: HS Diploma/GED preferred
• Experience: 2-4 years of experience, including experience with cash handling