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Cash Posting Specialist

Optima Dermatology is seeking a Cash Posting Specialist for their Practice Support Center in Portsmouth, NH, suitable for those interested in transforming patient care through a collaborative work environment.

Skills

  • Experience in handling payments
  • Balancing accounts
  • Excellent communication skills
  • Time management
  • Problem-solving

Responsibilities

  • Review daily Excel file of all customer payments received from the bank
  • Accurately apply lockbox payments to customer accounts
  • Communicate with internal accounts receivable staff
  • Key manual checks received in office
  • Post payments accurately and in a timely manner

Education

  • High school diploma or equivalent
  • Knowledge of business administration or accounting preferred

Benefits

  • Generous health insurance
  • Dental and vision insurance
  • Disability and life insurance
To read the complete job description, please click on the ‘Apply’ button
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CEO of Optima Dermatology
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Average salary estimate

$57500 / YEARLY (est.)
min
max
$50000K
$65000K

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What You Should Know About Cash Posting Specialist, Optima Dermatology

Optima Dermatology is on the lookout for a dedicated Cash Posting Specialist to join our dynamic Practice Support Center in Portsmouth, NH. With the flexibility of remote and hybrid opportunities available for candidates in states like FL, IN, ME, NC, NH, OH, and MA, this role is perfect for those who thrive in a collaborative and fast-paced environment. As a Cash Posting Specialist, you will be reporting directly to the RCM Cash Reconciliation Manager, and your primary responsibility will be to accurately process third-party reimbursements through different payment methods including EFT, checks, and the patient portal. You will review daily Excel files containing all customer payments and apply lockbox payments to accounts, ensuring any exceptions are properly noted for further research. Communication will be key, as you will work closely with our internal accounts receivable team, helping to manage everything from manual checks to electronic payments. It’s essential that all postings are completed promptly and with minimal errors, as they will be subject to regular quality reviews. You’ll also complete daily balancing to batch sheets, and handle additional responsibilities as assigned by your supervisor or manager. If you have 1-4 years of experience in payment handling, a keen eye for detail, and a passion for making a positive impact through your work, we'd love to hear from you! At Optima Dermatology, we are committed to transforming patients' lives, and you can be a part of that journey.

Frequently Asked Questions (FAQs) for Cash Posting Specialist Role at Optima Dermatology
What are the primary responsibilities of a Cash Posting Specialist at Optima Dermatology?

At Optima Dermatology, a Cash Posting Specialist is primarily responsible for processing third-party reimbursements via EFT, checks, and credit card payments. You'll review daily Excel files of customer payments, accurately apply lockbox payments to respective accounts, and communicate with the billing and accounts receivable teams about payment exceptions.

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What qualifications are required for a Cash Posting Specialist at Optima Dermatology?

Candidates for the Cash Posting Specialist position at Optima Dermatology should have a high school diploma or equivalent, preferably with background knowledge in business administration or accounting. Additionally, 1-4 years of experience in payment handling and account balancing is essential to succeed in this role.

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Is remote work an option for the Cash Posting Specialist role at Optima Dermatology?

Yes! Optima Dermatology offers remote and hybrid work options for the Cash Posting Specialist role. This means you can work from home or a hybrid environment if you reside in states such as FL, IN, ME, NC, NH, OH, or MA.

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What skills are essential for success as a Cash Posting Specialist at Optima Dermatology?

Being a successful Cash Posting Specialist at Optima Dermatology means possessing strong oral and written communication skills, teamwork, problem-solving abilities, and the capacity to multitask in a fast-paced environment. Attention to detail and a commitment to minimal errors are also critical.

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What benefits does Optima Dermatology offer for the Cash Posting Specialist position?

Optima Dermatology offers competitive compensation along with generous benefits including health, dental, vision, disability, and life insurance. Additionally, joining our team means contributing to our mission of transforming patient lives through world-class dermatological services.

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Common Interview Questions for Cash Posting Specialist
How do you ensure accuracy in handling cash postings?

To ensure accuracy, it’s vital to double-check each entry against the original payment records and documentation. Using Excel formulas or other tools to cross-verify totals can also help minimize errors, as can maintaining an organized system for tracking transactions.

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Can you describe your experience with payment processing systems?

When discussing my experience with payment processing systems, I emphasize my familiarity with both manual and electronic methods such as EFT and credit card transactions. I highlight specific systems I've used in previous roles and how I adapted to new software when needed.

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What steps do you take when you encounter discrepancies in payment postings?

In the event of discrepancies, I first investigate the source of the error by reviewing related documentation. I then communicate quickly with relevant team members, such as billing or collections, to clarify and resolve the issue, ensuring all changes are accurately documented.

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How do you prioritize your tasks in a fast-paced work environment?

I prioritize tasks by assessing deadlines and the impact of each task on overall workflow. Utilizing task management tools helps me stay organized, and I also make it a habit to regularly check in with my team to align on priorities.

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What is your experience with Excel as it relates to payment processing?

I have extensive experience using Excel for payment processing, which includes running reports, managing payment logs, and performing data analysis. I use Excel functions to streamline calculations and ensure accurate data entry.

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How do you handle communication with internal teams regarding payment issues?

I believe in maintaining proactive communication with internal teams. When I identify a payment issue, I approach colleagues directly to discuss it, providing them with the necessary context and supporting documents to facilitate problem resolution.

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How do you stay organized while managing multiple payment types?

To stay organized managing multiple payment types, I categorize payments by type and use checklists to track progress. Implementing a systematic process ensures that I can efficiently handle electronic payments, checks, and patient portal transactions without overlooking any details.

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What motivates you in your role as a Cash Posting Specialist?

My motivation stems from being part of a team that significantly impacts patient care. Knowing that accurate payment processing contributes to that mission drives me to deliver my best performance every day.

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What challenges have you faced in cash posting, and how did you overcome them?

A challenge I faced was a sudden influx of payments during a peak season. I tackled this by organizing a team huddle to delegate tasks effectively and streamline our processes, which helped us catch up without sacrificing accuracy.

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Why do you want to work at Optima Dermatology?

I admire Optima Dermatology's commitment to patient care and innovation in skin treatment. I see my role as a Cash Posting Specialist as a way to directly contribute to that mission while growing professionally within a company that values teamwork and excellence.

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Optima Dermatology & Medical Aesthetics is revolutionizing skin care. Our mission centers on creating greater access to expert dermatology care and delivering an unparalleled patient experience. With a focus on excellence and innovation, our world...

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
SALARY RANGE
$50,000/yr - $65,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 18, 2024

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