Payment Posting Specialist

Overview

We are seeking a detail\-oriented and proactive Payment Posting Specialist to join our dynamic finance team. In this role, you will be responsible for accurately posting payments, reconciling accounts, and ensuring the integrity of financial data across various systems. Your expertise will support our revenue cycle management and contribute to maintaining compliance with industry standards such as GAAP (Generally Accepted Accounting Principles) and SOX (Sarbanes\-Oxley Act). This position offers an exciting opportunity to work with diverse financial software and accounting tools, making a meaningful impact on our organization’s financial health and operational efficiency.

Duties

• Post incoming payments from multiple sources into accounting software such as QuickBooks, Sage, PeopleSoft, or other financial systems, ensuring accuracy and timeliness.
• Reconcile accounts receivable and accounts payable transactions daily to identify discrepancies and resolve issues promptly.
• Review medical billing and collection data, verifying CPT coding, ICD\-10 codes, and other medical terminology to ensure correct payment posting.
• Perform detailed account analysis to identify trends, errors, or anomalies that may affect revenue cycle management.
• Maintain comprehensive documentation of all transactions, including journal entries, debits \& credits, and audit trails in accordance with SOX compliance standards.
• Collaborate with billing departments, healthcare providers, or clients to resolve payment discrepancies through effective negotiation and customer service skills.
• Assist in month\-end closing processes by preparing account reconciliations and supporting financial statement preparation using accounting software like QuickBooks or Sage.
• Support governmental or non\-profit accounting functions by adhering to specific regulations such as GAAP or federal guidelines related to revenue recognition.
• Utilize analysis skills to interpret complex financial data, ensuring accuracy in double entry bookkeeping and technical accounting procedures.
• Handle data entry with precision using 10 key typing skills while maintaining high productivity levels in a fast\-paced environment.

Qualifications

• Proven experience with accounting software such as QuickBooks, Sage, PeopleSoft, or similar platforms; familiarity with medical billing systems is a plus.
• Strong understanding of financial concepts including debits \& credits, journal entries, account reconciliation, and revenue cycle management.
• Knowledge of SOX compliance requirements and experience working within public accounting or governmental accounting environments preferred.
• Familiarity with medical terminology, CPT coding, ICD\-10 coding standards, and medical collection processes.
• Excellent analysis skills with the ability to perform detailed account analysis and identify discrepancies efficiently.
• Strong negotiation skills combined with exceptional phone etiquette for resolving customer inquiries related to payments or account issues.
• Ability to perform data entry accurately at a high volume using 10 key typing techniques while maintaining attention to detail.
• Basic understanding of non\-profit accounting principles is advantageous but not required.
• Demonstrated ability to work independently as well as collaboratively within a team environment in a fast\-paced setting. Join us as a Payment Posting Specialist and become an integral part of our mission to deliver precise financial operations that support our organization’s success!

Pay: $23\.35 \- $28\.12 per hour

Benefits:

• Health insurance
• Paid sick time
• Vision insurance

Work Location: Remote