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Remittance Processing Associate Jobs in Illinois

Payment Posting Specialist

Hillsboro, IL ยท On-site

$18.90 - $23.63/hr

Process paper and electronic remittance advice (ERA) and explanation of benefits (EOB) documents ... High school diploma or equivalent required; associate's degree or coursework in accounting, healt ...

Senior Tax Accountant

Schaumburg, IL ยท On-site

$80K - $103K/yr

Direct the processing and remittance of property tax payments and ensure compliance with ... Associate's degree in Accounting with 7โ€‘9 years of relevant work experience. * Sales and ...

Specialist- Account Receivable

Lombard, IL ยท On-site

$50K - $66K/yr

Process and apply customer payments, reconcile cash receipts, and maintain supporting documentation ... Access customer portals and internal systems to obtain remittance details, payment status, claim ...

Specialist- Account Receivable

Lombard, IL ยท On-site

$19.75 - $26.25/hr

Process and apply customer payments, reconcile cash receipts, and maintain supporting documentation ... Access customer portals and internal systems to obtain remittance details, payment status, claim ...

... processing, to post-payroll (tax remittance and reporting). For this temporary position, you MUST ... associates and leadership related to Multi-State Payroll Processing and Time Keeping for greater ...

Seek ways to improve tax processes, data collection, and operational efficiency while providing ... Provide mentoring and guidance to associate accounting staff. * Additional responsibilities as ...

Tax Accountant

Chicago, IL ยท On-site

$75K - $95K/yr

Seek ways to improve tax processes, data collection, and operational efficiency while providing ... Provide mentoring and guidance to associate accounting staff. * Additional responsibilities as ...

Seek ways to improve tax processes, data collection, and operational efficiency while providing ... Provide mentoring and guidance to associate accounting staff. * Additional responsibilities as ...

Senior Tax Accountant

Schaumburg, IL ยท Hybrid

$80K - $103K/yr

Direct the processing and remittance of property tax payments and ensure compliance with ... Bachelor's degree in Accounting or Finance with 6-8 years of relevant work experience OR Associate ...

Showing results 21-36

Remittance Processing Associate information

What are the key skills and qualifications needed to thrive as a remittance processing associate?

To thrive as a Remittance Processing Associate, you need strong attention to detail, numerical accuracy, and a high school diploma or equivalent. Familiarity with remittance processing software, data entry systems, and basic office equipment is typically required. Excellent organizational skills, reliability, and the ability to work well under deadlines are valuable soft skills for this role. These abilities ensure error-free processing of payments, compliance with financial regulations, and efficient workflow in high-volume environments.

What are some common challenges faced by remittance processing associates, and how can they be effectively managed?

Remittance Processing Associates often handle high volumes of payments and sensitive financial information, which can lead to challenges such as meeting strict deadlines, maintaining accuracy under pressure, and quickly resolving discrepancies. To manage these challenges effectively, associates should develop strong attention to detail, utilize organizational tools, and communicate proactively with team members and supervisors. Most organizations also provide ongoing training and support, helping associates stay updated on the latest regulations and process improvements.

What is the difference between Remittance Processing Associate vs Payment Processing Clerk?

AspectRemittance Processing AssociatePayment Processing Clerk
Required CredentialsHigh school diploma, basic financial knowledgeHigh school diploma, familiarity with financial transactions
Work EnvironmentBank or financial institution, office settingBank, accounting department, or financial services
Employer & Industry UsageFinancial institutions, payment companiesBanking, accounting firms, financial services
Common Search & ComparisonOften compared for processing and reconciliation tasksRelated to handling payments and transactions

The Remittance Processing Associate and Payment Processing Clerk roles both involve handling financial transactions within banking or financial institutions. While they share similar credentials and work environments, the associate typically focuses on processing remittance payments, verifying data, and reconciling accounts, whereas the clerk may handle broader payment processing tasks. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What does a remittance processing associate do?

A remittance processing associate is responsible for reviewing, sorting, and accurately processing payments such as checks, money orders, and electronic transfers. They verify payment details, ensure data accuracy, and handle documentation using specialized software and tools, often working in a fast-paced environment with attention to detail. This role may require knowledge of banking procedures and adherence to security protocols.

What is a remittance processing associate?

A remittance processing associate is responsible for handling and verifying incoming payments, such as checks and electronic transfers, ensuring accurate posting to customer accounts. They often use specialized software and work in financial or banking environments to process large volumes of transactions efficiently and accurately.

What are popular job titles related to Remittance Processing Associate jobs in Illinois?

For Remittance Processing Associate jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Remittance Processing Associate jobs in Illinois look for?

The top searched job categories for Remittance Processing Associate jobs in Illinois are:

What cities in Illinois are hiring for Remittance Processing Associate jobs?

Cities in Illinois with the most Remittance Processing Associate job openings:

Payment Posting Specialist

Hillsboro, IL โ€ข On-site

$18.90 - $23.63/hr

Full-time

This job post hasย expired today.ย Applications are no longer accepted.


Job description

Job Type
Full-time
Description
Job Summary:
The Payment Posting Specialist is responsible for accurately posting patient and insurance payments to patient accounts and performing timely account reconciliations. This role plays a critical part in ensuring the financial integrity of the revenue cycle by verifying payment accuracy, resolving discrepancies, and maintaining up-to-date patient account records.
Essential Duties and Responsibilities:
  • Post payments from insurance companies, patients, and third- party payers to patient accounts with a high degree of accuracy and attention to detail.
  • Process paper and electronic remittance advice (ERA) and explanation of benefits (EOB) documents.
  • Apply adjustments, and denials according to organizational policies and payer contracts.
  • Research and resolve misapplied or unidentified payments.
  • Work with insurance carriers, patients, and internal departments to clarify and correct posting errors.
  • Escalate complex discrepancies or unresolved items to management or appropriate teams.
  • Other duties may be assigned and are subject to change with or without notice.

Professional Requirements:
  • Maintain detailed records of payment activities and reconciliation processes.
  • Assist in generating reports related to payment posting, reconciliation, and outstanding items.
  • Ensure compliance with internal policies, payer rules, and regulatory requirements.
  • Completes and maintains all required education and/or training requirements.
  • Complies with HIPAA regulations and always maintains patient confidentiality.
  • Follows and maintains all lawful safety, health requirements, and regulations, and follow protocols for required protective equipment (PPE).
  • Promptly reports safety issues, job-related injury, or illness, near misses, etc. in SafetyZone.
  • Follows Hillsboro Health Standards of Behavior.

Requirements
Education and/or Experience:
  • High school diploma or equivalent required; associate's degree or coursework in accounting, healthcare billing, preferably in a multi-payer environment.
  • 3+ years of experience in medical payment posting or healthcare billing, preferably in a multi-payer environment.
  • Strong understanding of insurance EOBs, ERAs, and medical billing terminology.
  • Experience with practice management systems (e.g., CPSI, Cerner, Oracle Health, etc.) and electronic payment systems preferred.
  • Strong attention to detail and excellent organizational skills.
  • Proficiency in Microsoft Excel and other Office applications a plus.

Certificates and Licenses:
None
Physical Demands:
Physical demands of the position, including vision, hearing, repetitive motion, and environment are required. A separate document will be provided upon hire, during annual evaluation process, and upon request. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the position without compromising patient care.
CORPORATE COMPLIANCE
Receives training and/or attends necessary meetings to meet the criteria as outlined in Hillsboro Health's Corporate Compliance Plan and Code of Conduct. Understands the responsibilities related to compliance and knows whether to contact the Corporate Compliance Officer should there be any instance of question or concern regarding fraud and/or abuse.
Salary Description
$18.90 - $23.63 per hour