Cash Reconciliation Coordinator

Cash Reconciliation Coordinator plays a vital role on the Accounting and Revenue Cycle teams, reconciling and accounting for cash on a daily basis to ensure proper and timely posting to patient accounts.

• Coordination of treasury functions related to disbursement of cash.
• Effectively communicates with bank, management, and accounting team.
• Works directly with Revenue Cycle team members to improve daily cash reconciliation process.
• Cash controls:
  • Reconcile home office petty cash.
  • Resolve daily exceptions in bank.
  • Request, setup, and maintain banking templates.
  • Process weekly transfer of funds from PNC bank accounts and process company wires.
  • Maintain copies of bank statements and department processes.
  • Review/evaluate treasury services, monitor fees and report findings to Accounting management.
  • Monitor disbursements that have not settled and assist accounts with obtaining AR backup and proper recording of bank transactions.
  • Send positive pay files to bank.
  • Issue stop payments via online banking system.
• Daily and Monthly financial reporting:
  • Keep Accounting and Revenue Cycle leaders informed about cash discrepancies and unreconciled deposits.
  • Assist with timely reporting of daily cash reports and monthly cash reporting.
• Other Duties:
  • Participate in Revenue Cycle and Accounting department activities and meetings for team building.

• Three years experience in hospital billing or three years cash reconciliation experience.