Payment Processing Specialist

Job Overview
We are seeking a dynamic and detail-oriented Payment Processing Specialist to join our financial operations team. In this vital role, you will be responsible for managing and executing payment transactions efficiently and accurately, ensuring compliance with financial regulations and internal controls. Your expertise will support the organization’s revenue cycle management, accounts receivable, and accounts payable processes, contributing to the overall financial health of the company. This position offers an exciting opportunity for professionals passionate about finance, accounting systems, and customer service to make a meaningful impact within a fast-paced environment.

Responsibilities

• Process payments accurately using various financial software and billing systems, including QuickBooks, Sage, PeopleSoft, and specialized billing platforms.
• Reconcile accounts receivable and payable transactions, ensuring all entries align with GAAP (Generally Accepted Accounting Principles) and SOX (Sarbanes-Oxley Act) compliance standards.
• Manage collections accounts by following up on overdue invoices, negotiating payment arrangements, and maintaining positive client relationships through effective communication.
• Perform detailed data entry and analysis using spreadsheets and Excel formulas to support account reconciliation and financial reporting tasks.
• Assist with medical billing processes, CPT coding, ICD-10 coding standards, and medical terminology to ensure accurate invoicing for healthcare clients.
• Support month-end closing activities by preparing journal entries, reviewing account analysis, and conducting account reconciliations with attention to detail.
• Provide excellent customer service by responding promptly to client inquiries regarding payments, billing issues, or account status updates via phone or email.

Skills

• Strong understanding of accounting concepts including debits & credits, double entry bookkeeping, journal entries, and revenue cycle management.
• Proficiency in financial software such as QuickBooks, Sage, PeopleSoft, and other accounting systems; experience with Microsoft Office Suite is essential.
• Knowledge of SOX compliance requirements along with GAAP standards related to financial reporting and internal controls.
• Experience managing accounts receivable/payable processes and collections account management with negotiation skills.
• Familiarity with medical billing procedures including CPT coding, ICD-10 standards, and medical terminology is highly desirable.
• Excellent analysis skills utilizing Excel data analysis techniques, spreadsheets, formulas, and account reconciliation methods.
• Effective communication skills for client interaction and team collaboration; strong phone etiquette is a plus.
• Ability to perform detailed data entry (including 10 key typing) accurately while maintaining high productivity levels in a fast-paced environment.

Join us as a Payment Processing Specialist to leverage your accounting expertise while supporting our organization’s financial integrity! We value energetic professionals who thrive on accuracy, efficiency, and delivering exceptional service in every transaction.

Pay: $23.91 - $28.79 per hour

Benefits:

• 401(k)
• 403(b)
• AD&D insurance
• Dental insurance
• Health insurance
• Paid sick time
• Paid time off
• Vision insurance

Work Location: Remote