What are the responsibilities and job description for the Cash Posting Associate position at Sevita?
OUR MISSION AND PERFORMANCE EXPECTATIONS
The MENTOR Network is a mission-based organization dedicated to providing high quality services to those we serve. Therefore, to deliver on our mission, The Network expects every employee to perform his or her job first and foremost in accordance with the Company’s mission.
Summary
The Cash Posting Associate is responsible for ensuring that all cash is posted, adjusted when needed, and reconciled in an accurate and timely manner. They are responsible for effectively communicating with others on any issues preventing a payment from being posted.
Essential Job Functions
To perform this job successfully, an individual must be able to satisfactorily perform each essential function listed below:
None Required
Minimum Knowledge And Skills Required By The Job
The requirements listed below are representative of the knowledge, skill, and/or abilities required to perform the job:
Education And Experience
External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential job functions either unaided or with assistance of a reasonable accommodation to be determined on a case by case basis via the interactive process.
Sevita is a leading provider of home and community-based specialized health care. We believe that everyone deserves to live a full, more independent life. We provide people with quality services and individualized supports that lead to growth and independence, regardless of the physical, intellectual, or behavioral challenges they face. We’ve made this our mission for more than 50 years. With Corporate operations located in the Boston Seaport, Lawrence, Massachusetts and Edina, Minnesota, today, our 40,000 team members continue to innovate and enhance care for the 50,000 individuals we serve.
As an equal opportunity employer, we do not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, veteran status, citizenship, or any other characteristic protected by law.
The MENTOR Network is a mission-based organization dedicated to providing high quality services to those we serve. Therefore, to deliver on our mission, The Network expects every employee to perform his or her job first and foremost in accordance with the Company’s mission.
Summary
The Cash Posting Associate is responsible for ensuring that all cash is posted, adjusted when needed, and reconciled in an accurate and timely manner. They are responsible for effectively communicating with others on any issues preventing a payment from being posted.
Essential Job Functions
To perform this job successfully, an individual must be able to satisfactorily perform each essential function listed below:
- Utilizes AR software to process cash application manually or electronically (835 file).
- Utilizes document management software to prioritize and process transactions daily.
- Updates and reconciles cash log to capture all cash deposits for the month and prior month’s unapplied payments.
- Obtains and analyzes guarantor remittance advices for accurate cash posting purposes.
- Processes and posts payments, liability transfers, and small balance sales adjustments in a timely manner.
- Reconciles processed payments and update cash log to ensure posting accuracy
- Maintains supporting documentation (Treasury reports, payment registers, remittance advices, etc.) for all cash posting transactions.
- Researches, escalates, and resolves any posting discrepancies.
- Notifies supervisor of payment reconciliation issues or posting delays.
- Participates and/or facilitates meetings with key staff to discuss issues impacting cash application.
- Assists with the resolution of any posting issues that could impact the monthly sub ledger close.
- Coordinates and performs month-end sub ledger close.
- Maintains accounts receivable processing manual and reference materials.
- Ensures internal control compliance with all assigned areas and other audit requirements.
- Assists in the onboarding of new hires and provide training and technical assistance to assigned worker(s) as needed.
- Embraces concept mentoring by actively participating in team meetings and fostering an environment in which team members proactively collaborate with one another.
- Proactively supports management as well as the objectives and goals of the department.
- Supports special projects, mission critical initiatives and performs other duties as assigned by the Supervisor.
- Perform system testing
None Required
Minimum Knowledge And Skills Required By The Job
The requirements listed below are representative of the knowledge, skill, and/or abilities required to perform the job:
Education And Experience
- High school diploma or equivalent
- Associates or Bachelor's degree in a Finance related field preferred
- No experience in cash posting necessary
- None required.
- Must be self-motivated and detail oriented
- Must have excellent communication skills
- Must be highly organized with ability to multi-task
- Must have analytical skills and the ability to collect information from different sources
- Effectively use Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.)
- Travel as needed
- Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential job functions either unaided or with assistance of a reasonable accommodation to be determined on a case by case basis via the interactive process.
Sevita is a leading provider of home and community-based specialized health care. We believe that everyone deserves to live a full, more independent life. We provide people with quality services and individualized supports that lead to growth and independence, regardless of the physical, intellectual, or behavioral challenges they face. We’ve made this our mission for more than 50 years. With Corporate operations located in the Boston Seaport, Lawrence, Massachusetts and Edina, Minnesota, today, our 40,000 team members continue to innovate and enhance care for the 50,000 individuals we serve.
As an equal opportunity employer, we do not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, veteran status, citizenship, or any other characteristic protected by law.