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Treasury Associate

ChicagoOn-siteFull-time

AI Summary

Manages daily client funding, third-party provider payments and refunds, and cash reconciliation for Rising Medical Solutions clients.

About this role

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

Education/Training

· BS in Accounting or equivalent related field experience

Experience

· Previous knowledge of medical claims processing helpful

· Knowledge of third-party payment processors

· Experience with ACH and EFT Bank transactions and processing

· Ability to oversee day-to-day cash positions and bank balances

· Post General Ledger entries and reconcile supplementary reports for cash transactions

Benefits

If you are ready to join a team of professionals dedicated to making a difference and making lives better, please apply today!

Skills

ACHBanking PartnersBank TransactionsCash ReconciliationEFTGeneral LedgerMedical Claims ProcessingThird-party Payment Processors

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