Description
Job Title: Cash Operations Specialist
Purpose and Description:
To perform cash handling audit activities for assigned collections points to ensure management is informed about the status of the qualitative and quantitative measures of their collection activities and control environment.
This position also has compliance accountability and/or responsibility for Organization's policies and procedures, the Principles of Responsibility, accreditation standards (if applicable), and applicable federal, state and local laws and regulations as well as, proper use of Organization's personal computer (PC) and applications.
Essential Functions:
Reconcile and prepare deposits for all departments for armed courier pick-up.
Perform and complete monthly petty cash reconciliation, clinical weekly change fund reconciliation, monthly depository safe audits, and quarterly register audits and submit findings to respective Cash Operation Team Lead.
Ensure adequate change is available for center staff.
Enforce cash handling policies and procedures.
Investigates discrepancies noted on cash handling (register and bank variances).
Maintain supporting deposit documentation for 90 days and then send to warehouse for storage filing.
Input deposit information into CashFlo system.
Maintain supporting documentation and submit to General Accounting monthly.
Required Experience
2 to 3 years of progressive experience in an accounting, audit, banking, cash collections/control or health care patient business services environment.
Thorough working knowledge of proper cash collection practices and cash collections control environments.
Demonstrate analytical, communication, interpersonal, problem solving and organizational skills.
Ability to travel to various regional locations and medical centers on an as needed basis.
Must have reliable transportation to both the Kensington, MD and Silver Springs, MD locations.
Knowledge of healthcare operations.
Required Education
At least 24 credit hours of college, prefer BA degree in Accounting/Finance
Skills to be successful in this role.
Issue resolution and management
Ability to integrate
Effective communicator
Adaptable
Travel Required:
10% (Local) Not Reimbursable
Standard Work Hours:
Flexible - It is a 8 hour work day .They can come in as early as 7:00 AM EST. Some adjustment may be needed as scheduling conflicts arise.