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Lockbox Operations Jobs in Chicago, IL (NOW HIRING)

Addison Group

Medical Cash Poster

Chicago, IL · Remote

$20 - $25/hr

... operations. The team is expanding to support increased volumes and ongoing growth. The Cash ... Accurately post daily payments received via electronic remittance, lockbox, and manual deposits

Bmo

Manager EDI

Naperville, IL · Remote

Deposit and Payments operations includes (but are not limited to) specialized operations processes and activities related to cheque and electronic transaction processing, lockbox and remote deposit ...

Adecco

Manual Machinist

Mount Prospect, IL

$25 - $27/hr

Post customer receipts that are in unapplied status, which arrive via store collections, lockbox ... Observes and listens to machine operation to detect malfunctions such as worn or damaged cutting ...

S&C

Lead Business Systems Analyst

Chicago, IL · On-site

$116K - $154K/yr

... Lockbox, Tax Engines, Forex Rates etc. * Capability to communicate effectively across all levels in the organization (Verbal and Written). * Experience with Agile, Waterfall, and DevOps delivery ...

Bel

Accounts Receivable & Deductions Analyst

Chicago, IL · On-site

$60K - $70K/yr

... day operations of the Accounts Receivable & Deduction department. This role will manage the ... Manages daily cash receipts, retrieves lockbox deposits and ACH/EFT reports; creates electronic ...

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Showing results 41-60

All JobsLockbox Operations JobsLockbox Operations Jobs in Chicago, IL

Lockbox Operations information

See Chicago, IL salary details

$102.5K

$149.2K

$198.8K

How much do lockbox operations jobs pay per year?

As of Sep 7, 2026, the average yearly pay for lockbox operations in Chicago, IL is $149,155.00, according to ZipRecruiter salary data. Most workers in this role earn between $109,200.00 and $197,800.00 per year, depending on experience, location, and employer.

What is lockbox operations?

Lockbox Operations refers to a service provided by banks where they receive, process, and deposit payments on behalf of businesses. These operations involve collecting mail payments sent to a secure P.O. box, opening and scanning checks, and posting payment information to the appropriate accounts. This helps companies speed up the processing of incoming payments, reduce in-house processing costs, and improve cash flow management. Lockbox Operations staff ensure that payments are processed accurately and securely, and may also handle remittance documents and provide daily transaction reports to clients.

What are the key skills and qualifications needed to thrive in lockbox operations?

To excel in Lockbox Operations, you need strong attention to detail, analytical abilities, and a background in finance or accounting, often supported by a high school diploma or associate degree. Familiarity with lockbox processing systems, banking software, and document imaging tools is essential. Excellent organizational skills, reliability, and effective communication help individuals stand out in this role. These competencies ensure accurate processing of financial transactions, minimize errors, and support efficient workflow in high-volume banking environments.

What are some common challenges faced in lockbox operations, and how are they typically addressed?

In Lockbox Operations, a frequent challenge is managing large volumes of payments while ensuring accuracy and meeting strict processing deadlines. Errors in data entry or delays can impact client satisfaction and financial reporting. Teams typically address these challenges by using advanced automated systems, following standardized procedures, and conducting regular quality checks. Collaboration with IT and client service teams is also essential to quickly resolve technical issues or exceptions and maintain a high level of service.

What is the difference between Lockbox Operations vs Cash Processing Clerk?

AspectLockbox OperationsCash Processing Clerk
CredentialsBanking certifications, familiarity with banking softwareBasic financial or clerical experience, sometimes banking knowledge
Work EnvironmentBank branches, processing centers, financial institutionsBank branches, back-office financial departments
Industry UsageFinancial services, bankingBanking, retail banking, financial institutions
Job FocusProcessing incoming payments via mailed checks, electronic paymentsHandling cash, verifying deposits, data entry

Lockbox Operations primarily involves managing incoming payments received through mail or electronic means, focusing on processing and depositing funds efficiently. Cash Processing Clerks handle cash transactions, verify deposits, and perform data entry tasks. While both roles support banking operations, Lockbox Operations emphasizes payment processing, whereas Cash Processing Clerks focus on cash handling and verification.

What are popular job titles related to Lockbox Operations jobs in Chicago, IL?

For Lockbox Operations jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Lockbox Operations jobs in Chicago, IL look for?

The top searched job categories for Lockbox Operations jobs in Chicago, IL are:

Lockbox Operations jobs near you
Infographic showing various Lockbox Operations job openings in Chicago, IL as of August 2026, with employment types broken down into 80% Full Time, 16% Part Time, 2% Temporary, and 2% Contract. Highlights an 96% In-person, 2% Hybrid, and 2% Remote job distribution, with an average salary of $149,155 per year, or $71.7 per hour.

Medical Cash Poster

Addison Group

Chicago, IL • Remote

$20 - $25/hr

Contractor

Medical, Dental, Vision, Retirement

Re-posted 29 days ago

Job description

Job Title: Cash Application Specialist

Industry: Healthcare Revenue Cycle

Location: Chicago, IL

Assignment Type: Contract (with potential for hire)

Pay: $20–$25/hour

Work Schedule: Monday–Friday, 8:00 AM – 4:30 PM (CST)

Benefits: This position is eligible for medical, dental, vision, and 401(k).

About The Company:

This opportunity is with a growing healthcare organization focused on delivering high-quality patient services while maintaining strong, accurate financial operations. The team is expanding to support increased volumes and ongoing growth.

Job Description:

The Cash Application Specialist is responsible for processing and reconciling incoming payments across patient accounts. This role ensures financial accuracy by reviewing remittances, posting payments, and resolving discrepancies. Success in this position requires strong attention to detail, efficiency, and the ability to work independently in a high-volume environment.

Key Responsibilities:

  • Accurately post daily payments received via electronic remittance, lockbox, and manual deposits
  • Reconcile EFTs, credit card transactions, and bank reports within the billing system
  • Review EOBs to verify payments and identify inconsistencies or errors
  • Apply appropriate contractual adjustments based on payer guidelines and reimbursement rules
  • Research and fix posting discrepancies or missing adjustments
  • Allocate or redirect payments when they apply to other accounts or entities
  • Prepare financial documentation and journal entries to support accounting processes
  • Investigate returned payments, including insufficient funds, and take corrective action
  • Validate correct balance distribution between patients and insurance payers
  • Provide detailed account updates to support follow-up efforts on outstanding balances
  • Assist with monthly reconciliation and reporting requirements
  • Complete additional duties as assigned to support cash operations

Qualifications:

  • Minimum of 3 years of EPIC payment posting experience (Hospital Billing and Professional Billing required)
  • Strong ability to interpret and work from Explanation of Benefits (EOBs)
  • Experience in healthcare payment posting, reconciliation, and AR processes
  • Knowledge of HARs (Hospital Accounts) and POBs (Professional Billing Accounts) required
  • Ability to work independently with minimal oversight
  • High level of accuracy, organization, and productivity
  • Comfortable handling high-volume financial transactions
  • High school diploma required (must pass background check and drug screening)

Additional Details:

  • Initial training period (minimum 30 days) will be fully onsite; remote flexibility may be considered based on performance
  • Candidates may be required to return onsite if productivity standards are not maintained
  • Equipment will be provided
  • Two-step virtual interview process
  • Start date ASAP (pending background check clearance)
  • Parking is public and not reimbursed

Perks:

  • Potential for full-time conversion based on performance
  • Opportunity to gain deeper experience within EPIC systems
  • Fast-paced, team-oriented environment
  • Supportive leadership with a focus on performance and growth
  • Chance to contribute to a high-impact, high-volume function within revenue cycle operations

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.