CASH MANAGEMENT ASSOCIATE

GENERAL SUMMARY:

The Cash Management Associate processes cash receipts, revenues, contractual adjustments, data entry of cash, adjustments, and refunds; assumes ongoing responsibility for accounting controls, investigates corrective measures as needed; assists as resource person to other areas; writes/analyzes/balances/logs cash receipts; prepares/balances/ records/reports bank deposits; initiates/prepares/balances/audits/authorizes contractual adjustments; verifies/records/researches/analyzes/corrects totals on computer reports as pertains to General Ledger and accounts receivable control; analyzes/codes/verifies refunds, and communicates with payor, insurance companies, patients for adjudication of refunds; process refunds in accounts payable system; and logs and deposits payments.

PRINCIPAL JOB FUNCTIONS:

1. *Commits to the mission, vision, beliefs and consistently demonstrates our core values.

2. *Prepares, analyzes, balances and codes cash receipts.

3. *Prepares, balances, records and reports bank deposits.

4. *Enters coded payments and adjustments into the billing system for application to appropriate accounts; verifies account balance after transaction is completed.

5. *Identifies payments for ancillary vendors and accounts; supplies documentation to department as required for processing.

6. *Reviews, scans and electronically places scanned documents/images into the correct folder within the imaging system.

7. *Identifies credit balances and researches payments, correspondence and account documentation prior to adjustment or refunds per department policy.

EDUCATION AND EXPERIENCE:

High school diploma or equivalency required. Associates degree in business or accounting-related field preferred. Must be 19 years of age to witness legal consents.

OTHER CREDENTIALS / CERTIFICATIONS:

None