Payment Processing Specialist

Overview

We are seeking a dynamic and detail-oriented Payment Processing Specialist to join our finance team. In this vital role, you will be responsible for managing the end-to-end payment cycle, ensuring accuracy and compliance across all financial transactions. Your expertise will help streamline billing operations, enhance client relationships, and uphold the highest standards of financial integrity. This position offers an exciting opportunity to contribute to a fast-paced environment where precision and customer service excellence are paramount.

Responsibilities

• Process payments efficiently using various billing software and financial systems, including accounts receivable and accounts payable modules.
• Reconcile accounts regularly, ensuring all debits and credits are accurately recorded in accordance with GAAP (Generally Accepted Accounting Principles).
• Manage collections accounts by following up on overdue invoices, negotiating payment plans, and resolving billing discrepancies.
• Perform data entry with high accuracy, utilizing Excel data analysis, formulas, and spreadsheets to support financial reporting.
• Maintain detailed records of transactions, journal entries, and account reconciliations to ensure compliance with SOX (Sarbanes-Oxley Act) controls.
• Communicate effectively with clients regarding billing inquiries, payment status, and resolution of issues via phone or email while demonstrating excellent phone etiquette.
• Support month-end closing processes by preparing reports, analyzing account activity, and assisting with audit preparations related to public accounting standards.

Requirements

• Proven experience in accounting or finance roles involving accounts receivable, accounts payable, or financial software such as QuickBooks, Sage, PeopleSoft, or similar systems.
• Strong understanding of GAAP principles and technical accounting concepts including debits & credits, journal entries, and double-entry bookkeeping.
• Familiarity with medical billing terminology such as CPT coding and ICD-10 is a plus for healthcare-related positions.
• Proficiency in Excel including formulas, data analysis techniques, and 10 key typing skills for efficient data entry.
• Excellent organizational skills with the ability to analyze complex account data and perform account reconciliation accurately.
• Exceptional customer service skills combined with negotiation abilities for collections account management.
• Knowledge of SOX compliance requirements and experience working within public or corporate accounting environments is highly desirable.
• Ability to adapt quickly to new accounting systems and software tools while maintaining attention to detail in a fast-paced setting.

Join us as a Payment Processing Specialist to play a crucial role in our financial operations! Your expertise will help ensure seamless transaction processing while maintaining the highest standards of accuracy and compliance—empowering our organization’s continued growth and success.

Pay: $50.00 - $70.00 per hour

Expected hours: No less than 9.0 per week

Work Location: Remote