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Cash Application Specialist
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$51k-64k (estimate)
Full Time 1 Week Ago
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Enhabit Home Health & Hospice is Hiring a Cash Application Specialist Near Dallas, TX

Overview:

We are seeking an experienced Cash Application Specialist to join our team in Dallas, TX. As a vital member of our finance team, you will be responsible for overseeing cash applications and payment posting processes across multiple states and locations. Your expertise will ensure the accuracy and integrity of our financial transactions, contributing to the overall success of our organization.

  • Must work onsite, at the corporate office in Dallas, the first 3 business days of each month.
  • Location: 6688 N. Central Expressway, Dallas, TX 75206
  • Once fully trained, this position can work remotely 2-3 days per week, preferably Wednesday-Friday.
Responsibilities:
  • Review and interpret insurance EOBs and remittance advices
  • Post and reconcile ERA, EFT, cash, credit card, and check payments
  • Record all payments corresponding to the bank statement weekly
  • Ensure allowances, adjustments, and write offs are posted correctly
  • Investigate unidentified cash and resolve misdirected payments and recoupments
  • Research all remits corresponding to assigned company payments in Waystar
  • Balance daily posting batches to ensure accuracy and reconciliation
  • Maintain accurate Excel spreadsheet at the end of the month for assigned imported Medicare Payments
  • Scan EOBs and checks into software system
Qualifications:
  • High school diploma or equivalent is required. Associates or Bachelor's degree in Accounting, Finance, or related field is preferred.
  • 1 year of experience in payment posting is preferred.
  • Ability to read and interpret remittance advices and explaination of benefits is preferred.
  • Strong understanding of healthcare billing and payment processes.
  • Proficiency in Microsoft Excel and other accounting software.
  • Excellent analytical skills with a keen attention to detail.
  • Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams.
  • Knowledge of regulatory requirements and compliance standards in the healthcare industry preferred.
Additional Information:

Enhabit Home Health is a leading provider of home health services dedicated to improving the quality of life for our clients in the comfort of their own home.

At Enhabit, we firmly believe our people are our greatest asset! Enhabit offers competitive benefits that support and promote healthy lifestyle choices. Some benefits, tools and resources include:

  • Comprehensive insurance plans - medical, dental, and vision
  • Generous paid time off Up to 30 paid days off per year
  • 401k retirement savings plan with match
  • Basic life insurance at no cost to eligible employees
  • Pet insurance
  • Employee scholarship program
  • Promote-from-within philosophy

Enhabit Home Health & Hospice is an equal opportunity employer. We work to promote differences in a collaborative and respectful manner. We are committed to a work environment that supports, encourages and motivates all individuals without discrimination on the basis of race, color, religion, sex (including pregnancy or related medical conditions), sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, genetic information, or other protected characteristic. At Enhabit, we celebrate and embrace the special differences that makes our community extraordinary.

Job Summary

JOB TYPE

Full Time

SALARY

$51k-64k (estimate)

POST DATE

04/24/2024

EXPIRATION DATE

05/07/2024

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The following is the career advancement route for Cash Application Specialist positions, which can be used as a reference in future career path planning. As a Cash Application Specialist, it can be promoted into senior positions as a Bookkeeper, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cash Application Specialist. You can explore the career advancement for a Cash Application Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Cash Application Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Cash Application Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Cash Application Specialist job description and responsibilities

A cash applications specialist is responsible for the accounts receivable processes for a business or client.

02/27/2022: Lompoc, CA

Deal with payments and apply them to the correct customer accounts.

03/12/2022: Portsmouth, NH

a cash applications specialist are to manually review all remittance from customers or clients, and match the payments to the appropriate invoices to make sure payment has been received.

04/01/2022: York, PA

Process and reconcile account receivables and remittances.

03/27/2022: San Bernardino, CA

create regular reports to accurately track financial information.

05/05/2022: High Point, NC

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Cash Application Specialist jobs

Good Customer service skills.

04/12/2022: Poughkeepsie, NY

experience with accounting software..

03/14/2022: Fort Lauderdale, FL

Strong organizational skills to process high volume of cash application on a timely basis.

03/10/2022: Provo, UT

Good knowledge and understanding of Cash Applications processes within specific area of expertise.

04/25/2022: Rock Island, IL

attention to detail..

04/17/2022: Modesto, CA

Step 3: View the best colleges and universities for Cash Application Specialist.

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