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We are looking for a detail-oriented Accounts Receivable Clerk to manage cash receipts and ensure accurate allocation of payments. This role involves handling unapplied cash balances, reconciling payment histories, and collaborating with clients, insurance companies, and third-party processors to resolve discrepancies.
Job Responsibility:
Research and resolve unapplied cash by identifying payment allocations and addressing overpayments or duplicate payments
Post check payments and assist in identifying electronic or credit card payments
Communicate with collectors, insurance companies, and clients to obtain accurate payment details and resolve discrepancies
Reconcile payment histories and correct any misapplications or payer errors
Prepare and submit check request forms for approval and processing
Prioritize high-dollar unapplied cash balances from weekly lists for resolution
Verify the accuracy of write-off and deduction requests
Address client concerns and troubleshoot payment-related issues, ensuring clear communication and proper remittance advice
Requirements:
Strong attention to detail and ability to manage complex payment reconciliations
Proficiency in handling accounts receivable tasks, including cash applications and collections
Excellent customer service skills with the ability to communicate effectively with clients and third parties
Basic understanding of accounting principles
Ability to track and reconcile payments from multiple sources
Familiarity with billing functions and cash collections processes
Problem-solving skills to address discrepancies and ensure accurate payment allocations