Payment Specialist

Job Summary

We are seeking a dynamic and detail-oriented Payment Specialist to join our finance team. In this vital role, you will manage the full payment cycle, ensuring accurate processing of accounts receivable and payable, maintaining compliance with financial standards, and supporting the organization’s revenue cycle management. Your expertise will help streamline payment operations, enhance client satisfaction, and uphold the integrity of our financial systems. This position offers an exciting opportunity to contribute to a fast-paced environment where precision and proactive problem-solving are valued.

Duties

• Process and verify incoming payments, including electronic transfers, checks, and credit card transactions, ensuring accuracy and timeliness.
• Manage accounts receivable by reconciling customer accounts, following up on overdue payments, and resolving billing discrepancies.
• Handle accounts payable functions by reviewing invoices, preparing payments, and maintaining vendor records in various accounting systems such as QuickBooks, Sage, PeopleSoft, and other financial software.
• Conduct detailed account analysis using Excel data analysis techniques and spreadsheets to identify trends, errors, or discrepancies.
• Maintain compliance with SOX (Sarbanes-Oxley Act) controls and GAAP (Generally Accepted Accounting Principles) standards during all financial transactions.
• Collaborate with clients and internal teams through professional communication to resolve billing issues or collections account management concerns.
• Assist with month-end closing activities including journal entries, account reconciliation, and financial reporting related to revenue cycle management.

Requirements

• Proven experience in accounting or finance roles with a focus on accounts receivable/payable management and billing software proficiency.
• Strong knowledge of GAAP principles, SOX compliance requirements, and familiarity with financial software such as QuickBooks, Sage, PeopleSoft, or similar systems.
• Excellent data entry skills with high accuracy; proficiency in Excel formulas, spreadsheets, and Excel data analysis is essential.
• Experience in medical billing or healthcare revenue cycle management is a plus; familiarity with CPT coding, ICD-10 codes, medical terminology, and medical collection processes is desirable.
• Demonstrated ability to analyze financial data accurately using Excel data analysis tools and perform account reconciliation efficiently.
• Strong organizational skills with attention to detail; ability to handle multiple tasks while maintaining professionalism in customer service interactions.
• Effective communication skills for client interaction and internal collaboration; phone etiquette and negotiation skills are highly valued.

Join us as a Payment Specialist if you’re passionate about ensuring precise financial operations while supporting organizational growth through expert account management!

Pay: $24.16 - $29.09 per hour

Expected hours: 30.0 per week

Work Location: Remote