PFS Reconciliation Assistant

Summary:
Under general supervision of the PFS Supervisor responsible for assuring that every payment received has a corresponding remit and that remit balances to the totals recorded by Finance on the cash log/lockbox. Create posting batches research any discrepancies and assign work to payment posters.

 

Responsibilities:
Batch all incoming wires and lockboxes received from Finance and assure totals balance to totals recorded by Finance. Identify and research any discrepancies and make sure that the batches balance. This may involve communicating with Supervisor Finance Payers etc.



Log balanced batches and assign to payment posters. Track batches to assure that all assigned batches have been returned in a timely manner have been balanced and are recorded appropriately. Update batch log.



Maintain a list of outstanding batches and obtain status from responsible payment poster(s) on a biweekly basis thus assuring that all payments are accounted for or posted for month end.



Process claims in assigned LifeChart work queues.



Resolve departmental issues such as unbalanced payer remits (electronic or paper) missing remits etc. Other projects to be assigned as needed.



Identify duplicate remits before batching to prevent duplicate posting of payments.



Assist with monitoring and maintaining multiple clearing accounts verify reconcile and document activity.



Develop and maintain procedure manual.

 

Other information:
BASIC KNOWLEDGE:



Equivalent to an Associate�s degree in Accounting or a related field. Requires proficient knowledge of PC Internet and software applications. Requires critical thinking and math skills.





EXPERIENCE:



One to two years of general Patient Accounting experience including good knowledge of research methods. Strong communication and interpersonal skills.

 

Lifespan is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race color religion sex national origin age ethnicity sexual orientation ancestry genetics gender identity or expression disability protected veteran or marital status.   Lifespan is a VEVRAA Federal Contractor.

 

Location: Corporate Headquarters USA:RI:Providence

 

Work Type: Full Time

 

Shift: 1

 

Union: Non-Union