Treasury Associate
At a glance
Junior Treasury role at Rising Medical Solutions. Chicago · full-time · no salary stated · we estimate $72,656–$125,625 across the United States.
Rising Medical Solutions has not published a salary for this role. The figure below is our estimate, not theirs.
financeroles summary, based on the employer's posting.
What you'll do
- Prepare daily reports confirming client funding, then follow up on cash needs through bank partners and client accounts
- Monitor provider payment accounts, moving funds and applying payments so third-party bills and company fees are handled correctly
- Coordinate provider check refunds and resolve alerts for voided or expired payment drafts
- Apply transactions for ancillary services and MSA member accounts, and reconcile cash and bank activity
- Work with accounting, account managers and clients, while helping accounting staff with projects and other requests
What you bring
- You can manage routine cash activity and monitor bank balances
- You know third-party payment processors and have handled ACH and EFT bank transactions
- You can post cash-related general ledger entries and reconcile supporting cash and bank reports
- A bachelor’s degree in accounting or a related area is preferred, but not required
Who this fits
This junior, full-time role is based onsite in Chicago. It suits someone comfortable handling day-to-day cash operations, payment processing and reconciliations. Familiarity with medical claims processing is helpful.
From the employer
Help us balance the books - and the fun - by joining our Finance and Treasury Team!
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
Requirements
Experience and Education
- Ability to oversee day-to-day cash transactions and bank balances
- Knowledge of third-party payment processors
- Experience with ACH and EFT Bank transactions and processing
- Post relevant General Ledger entries relevant to cash and bank activity
- Reconcile supplementary reports for cash and bank transactions
- Previous knowledge of medical claims processing helpful
- BS in Accounting or related degree preferred but not required
Benefits
- 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
- Facebook: https://www.facebook.com/RisingMedicalSolutions
- LinkedIn: http://www.linkedin.com/company/rising-medical-sol...
- Glassdoor: http://www.glassdoor.com/Overview/Working-at-Rising-Medical-Solutions-EI_IE322608.11,35.htm
If you are ready to join a team of professionals dedicated to making a difference and making lives better, please apply today!
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