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Cash Application Specialist
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Wellington
Philadelphia, PA (In Person)
$55,000 Salary, Full-Time
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Job Description
Cash Application Specialist Wellington Philadelphia, PA Job Details Full-time $50,000 - $60,000 a year 1 day ago Qualifications ICD-10 Attention to detail QuickBooks Data entry Medical terminology Negotiation Full Job Description We are seeking a detail-oriented and proactive Cash Application Specialist to join our dynamic finance team. In this vital role, you will be responsible for accurately applying incoming payments to customer accounts, ensuring the integrity of our financial data, and supporting the overall revenue cycle management process. Your expertise will help streamline cash flow operations, improve account reconciliation accuracy, and uphold compliance standards such as SOX (Sarbanes-Oxley Act). The ideal candidate is passionate about accounting software, possesses strong analysis skills, and thrives in a fast-paced environment dedicated to excellence in financial services. Responsibilities Process and apply incoming payments efficiently using various accounting software such as PeopleSoft, Sage, QuickBooks, and other financial tools Perform detailed account reconciliation to ensure all debits and credits are accurately recorded and discrepancies are promptly resolved Maintain precise data entry for cash receipts, journal entries, and related transactions while adhering to double entry bookkeeping principles Collaborate with accounts receivable teams to resolve payment issues through negotiation and effective communication with customers or clients Support compliance with GAAP (Generally Accepted Accounting Principles) and SOX regulations by documenting processes and maintaining audit-ready records Assist in month-end closing activities by verifying account balances, preparing reports, and conducting analysis of revenue cycle data Contribute to medical billing and collection efforts by understanding CPT coding, ICD-10 coding standards, and medical terminology when applicable Conduct account analysis to identify trends or anomalies that may impact financial accuracy or operational efficiency Experience Proven experience in accounts receivable, cash application, or related accounting roles within a corporate or public accounting environment Familiarity with accounting software such as PeopleSoft, Sage, QuickBooks, Quicken, or similar platforms Knowledge of financial concepts including debits & credits, journal entries, account reconciliation, and revenue cycle management Demonstrated analysis skills with the ability to perform detailed account analysis and identify discrepancies quickly Effective communication skills with phone etiquette experience for customer service or negotiation purposes Ability to handle multiple priorities efficiently while maintaining accuracy in a fast-paced environment