Virginia Premier Health Plan, Inc.

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Cash Applications Specialist III

Cash Applications Specialist III

Job Locations 
US-VA-Glen Allen
Job ID 
2017-4071

Job Description

Overview

This position is primarily responsible for applying member’s payments in the cash application process, researching and resolving all payment discrepancies. 

Responsibilities

POSITION DUTIES AND RESPONSIBILITIES 

  • Post and apply multiple deposits for member payments such as lockbox, ACH and credit cards
  • Post and apply SSA payments
  • Research and resolve payment discrepancies
  • Research and resolve unapplied cash payments and communicate to Billing Department
  • Balance cash to general ledger
  • Verify all transactions comply with financial policies and procedures
  • Prepare journal entries and assist with month-end closing
  • Generate documentation for refund checks
  • Research NSF items and communicate to Billing Department
  • Research credit card disputed items and communicate to Billing Department
  • Make corporate deposits daily

Qualifications

MINIMUM EDUCATION REQUIREMENTS

  • Bachelors’ degree in Business, Finance or Accounting

SPECIAL KNOWLEDGE AND/OR SKILLS 

  • Ability to thrive in high volume fast-paced environment
  • Knowledge of commonly-used concepts, practices and procedures within Accounting
  • Proficiency with Excel
  • Excellent organizational and interpersonal skills
  • Ability to work effectively with co-workers as a team member
  • Ability to communicate effectively and professionally, both orally and in writing
  • Ability to work independently
  • Strong problem solving skills
  • Self motivated, detail-oriented individual who strives to meet deadlines and exceed expectations
  • Great level of accuracy and confidentiality

WORK BACKGROUND/EXPERIENCE

  • 3 – 5 years cash application experience and/or cash reconciliation experience

 PHYSICAL REQUIREMENTS

  • Physical health sufficient to meet the ergonomic standards and demands of the position

About Us

Virginia Premier Health Plan, Inc. is a managed care organization which began as a full-service Medicaid MCO in 1995. Partnered with VCU Medical Systems we strive to meet the needs of the underserved and vulnerable populations in Virginia by delivering quality driven, culturally sensitive and financially viable Medicare and Medicaid healthcare programs.  Headquartered in Richmond, VA we also have offices in Roanoke, Tidewater and Bristol with additional satellite locations allowing us to serve over 200,000 members across eighty counties throughout Virginia. 

 

We offer competitive salaries and a comprehensive benefits package to include excellent Medical, Dental and Vision Plans, Tuition Assistance, Infant-At-Work Program, Remote Work options and generous vacation and sick leave policies. Our culture supports an environment where employees can continuously learn and gain professional growth through various development programs, education, exciting projects and career mobility.  

 

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. EOE

 

Our mission is to inspire healthy living within the communities we serve!

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