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Lockbox Processor Jobs in Chicago, IL (NOW HIRING)

Addison Group

Medical Cash Poster

Chicago, IL · Hybrid

$19 - $25/hr

Perform daily balancing of payment batches, including lockbox, EFT, and credit card transactions ... Process returned payments, including insufficient funds, and update accounts accordingly * Maintain ...

Addison Group

Medical Cash Poster

Chicago, IL · On-site

$19 - $25/hr

Perform daily balancing of payment batches, including lockbox, EFT, and credit card transactions ... Process returned payments, including insufficient funds, and update accounts accordingly * Maintain ...

Kellenberger

Accountant

Elgin, IL · On-site

$60K - $75K/yr

The ideal candidate combines strong bookkeeping fundamentals with analytical skills, process ... Post and reconcile lockbox, ACH, wire, and check payments * Monitor receivable aging and follow up ...

BMO Capital Markets

Specialist-ACH

Naperville, IL · Remote

$41K - $69K/yr

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 ...

Bmo

Senior Service Representative-ACH

Naperville, IL · Remote

$41K - $69K/yr

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 ...

Bmo

Specialist-ACH

Naperville, IL · Remote

$41K - $69K/yr

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 ...

The Jel Sert Company

Sr. AP Analyst

West Chicago, IL · On-site

$68K/yr

Process annual 1099's. * Assist with month end reconciliation. * Provide assistance to outside auditors at year end. * Check AP/AR mailboxes. Scan documents in mailboxes. * Mail AR checks to lockbox.

The Jel Sert Company

Sr. AP Analyst

West Chicago, IL · On-site

$68K/yr

Process annual 1099's. * Assist with month end reconciliation. * Provide assistance to outside auditors at year end. * Check AP/AR mailboxes. Scan documents in mailboxes. * Mail AR checks to lockbox.

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Lockbox Processor information

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How much do lockbox processor jobs pay per hour?

As of Jun 15, 2026, the average hourly pay for lockbox processor in Chicago, IL is $18.48, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $20.05 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Lockbox Processor position, and why are they important?

To thrive as a Lockbox Processor, you need strong attention to detail, accuracy in data entry, and basic numerical skills, often supported by a high school diploma or equivalent. Familiarity with lockbox processing software, document scanners, and sometimes bank-specific systems is typically required. Outstanding organizational skills, reliability, and the ability to work efficiently under deadlines are valuable soft skills in this position. These abilities are crucial for minimizing errors and ensuring the secure, timely processing of payments and transactions.

What does a typical day look like for a Lockbox Processor?

As a Lockbox Processor, your day generally involves opening and sorting incoming mail, extracting payments and documents, and carefully entering data into specialized bank systems. You'll often work in a secure, team-oriented environment where attention to detail and speed are equally important, as processing errors or delays can impact clients and bank operations. Collaboration with fellow processors, supervisors, and occasionally customer service teams is common to resolve exceptions or reconcile accounts. The workflow is typically structured with set deadlines, and while the role can be repetitive, it offers a clear sense of accomplishment and the opportunity to develop further skills in banking operations.

What is a Lockbox Processor job?

A Lockbox Processor is responsible for handling and processing payments received through a company's lockbox system. They open, sort, and scan incoming checks and documents, ensuring accurate data entry and deposit processing. The role requires attention to detail, efficiency in handling financial transactions, and familiarity with banking or payment processing systems. Lockbox Processors play a key role in maintaining cash flow by ensuring timely deposits and accurate record-keeping for businesses and financial institutions.

What are the most commonly searched types of Lockbox Processor jobs in Chicago, IL? The most popular types of Lockbox Processor jobs in Chicago, IL are:
What are popular job titles related to Lockbox Processor jobs in Chicago, IL? For Lockbox Processor jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Lockbox Processor jobs in Chicago, IL look for? The top searched job categories for Lockbox Processor jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Lockbox Processor jobs? Cities near Chicago, IL with the most Lockbox Processor job openings:
Lockbox Processor jobs near you
Infographic showing various Lockbox Processor job openings in Chicago, IL as of June 2026, with employment types broken down into 50% Full Time, and 50% Contract. Highlights an 100% In-person job distribution, with an average salary of $38,440 per year, or $18.5 per hour.
Medical Cash Poster

Medical Cash Poster

Addison Group

Chicago, IL • Hybrid

$19 - $25/hr

Contractor

Medical, Dental, Vision, Retirement

Posted 5 days ago

Job description

Job Title: Cash Poster

Location: Chicago, IL

Compensation: $19 - $25 per hour depending on experience

Employment Type: Contract with Potential for Hire

Industry: Healthcare Revenue Cycle

Work Schedule: Monday-Friday, 8:00 AM-4:30 PM CST

Benefits: This job is eligible for Medical, Dental, Vision, and 401K benefits.


Job Description

Addison Group is hiring a Cash Poster on behalf of our client, a healthcare organization. This role focuses on payment posting, reconciliation, and ensuring accuracy across patient accounts. The Cash Poster is responsible for reviewing, reconciling, and applying payments from a variety of sources, including insurance carriers and patients. This position plays a key role in maintaining accurate financial records while supporting downstream billing and collection processes.


Key Responsibilities

  • Accurately post payments received via electronic remittances, checks, and other payment methods to appropriate patient accounts
  • Perform daily balancing of payment batches, including lockbox, EFT, and credit card transactions
  • Review explanation of benefits (EOBs) to validate payment accuracy and identify discrepancies
  • Apply or correct contractual adjustments based on payer agreements and reimbursement guidelines
  • Transfer or allocate funds to appropriate internal entities when payments require redistribution
  • Prepare and submit journal entries with proper documentation for accounting reconciliation
  • Analyze accounts to determine next steps for outstanding balances and flag items requiring follow-up
  • Reconcile bank activity and internal reports to ensure completeness and accuracy of posted transactions
  • Process returned payments, including insufficient funds, and update accounts accordingly
  • Maintain detailed and accurate documentation of all posting and adjustment activity

Qualifications

  • Minimum 3 years of payment posting experience within EPIC (required), including both hospital and professional billing environments
  • Required to interpret EOBs and identify payment or adjustment discrepancies
  • Experience working with high-volume cash applications and maintaining accuracy under tight timelines required
  • High school diploma required

Work Environment

  • Onsite for initial training period (minimum 30 days), with potential for remote flexibility based on performance
  • Professional office setting
  • Access to public transportation recommended (parking available but limited)
  • Company-provided equipment

Perks

  • Exposure to a large, established healthcare revenue cycle operation
  • Competitive hourly pay within market range

Addison Group is an Equal Opportunity Employer.

Addison Group provides equal employment opportunities (EEO) to all employees and applicants without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or veteran status, in accordance with applicable federal, state, and local laws. Reasonable accommodation is available for qualified individuals with disabilities upon request.


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