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Remittance Processing Associate Jobs in New York

TeamSoft

Payment Processor

New Brunswick, NJ · On-site

$19 - $21/hr

... remittance for client and bank delivery * Follow secure processing procedures and quality standards ... Associate's or Bachelor's degree in Finance, Accounting, Business, Economics, or a related field

Excel Sports Management

Associate, Billing

New York, NY · On-site

$70K - $75K/yr

Processing new contracts, preparing invoices and billing schedules, assisting with vendor forms ... Ensure accuracy in invoice details, payment terms, and remittance instructions; * Collaborate with ...

TONYMOLY USA

Accounting Associate

Brooklyn, NY · On-site

$22 - $25/hr

KEY RESPONSIBILITIES * Process vendor and customer invoices in SAP daily, ensuring accuracy ... Upload invoices to customer portals as required and maintain customer remittance spreadsheets.

Excel Sports Management

Associate, Billing

New York, NY

$70K - $75K/yr

Processing new contracts, preparing invoices and billing schedules, assisting with vendor forms ... Ensure accuracy in invoice details, payment terms, and remittance instructions; * Collaborate with ...

Excel Sports Management

Associate, Billing

New York, NY · On-site

$70K - $75K/yr

Processing new contracts, preparing invoices and billing schedules, assisting with vendor forms ... Ensure accuracy in invoice details, payment terms, and remittance instructions; * Collaborate with ...

Taptap Send

Founders Associate

New York, NY · On-site

... underserved (remittance) corridors. We tapped into a massive shift - from banks to phones ... Design and improve key business processes and systems * Support prioritization and resourcing ...

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Remittance Processing Associate information

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 may work in financial or banking environments, following established procedures to maintain payment accuracy and security.

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 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 popular job titles related to Remittance Processing Associate jobs in New York?

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

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

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

What cities in New York are hiring for Remittance Processing Associate jobs?

Cities in New York with the most Remittance Processing Associate job openings:

Remittance Processing Associate jobs near you

Senior Service Fee Biller-Full Time; 9161-351-A

ccbq

Brooklyn, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago

Job description

For 125 years, Catholic Charities Brooklyn and Queens has been providing quality social services to the neighborhoods of Brooklyn and Queens, and currently offers 160-plus programs and services for children, youth, adults, seniors, and those struggling with mental illness.
STATEMENT OF THE JOB:
Under the direct supervision of the Service Fee Supervisor, the position is responsible for computerized Medicaid, Medicare and MCO billing duties.

  • Coordinate electronic and manual remittance processing from multiple pay sources including Medicaid, Medicare, and Managed Care.
  • Coordinate electronic and manual remittance processing from multiple pay sources including Medicaid, Medicare, and Managed Care.
  • Review aging reports.
  • Generate standardized reports.
  • Reconciling billing data with remittances and preparing spreadsheets to track follow-up process.
  • Review weekly suspense report.
  • Analyzes data from reports to identify patterns of inefficiency and lost revenue.
  • Follows corrective action.
  • Re-bill and adjust claims as necessary.
  • Batch and submit claims to Medicaid, Medicare, and MCO.
  • Review denial responses.
  • Follow-up with payer regarding issues or denials.
  • Post denial and update spreadsheet.
  • Communicate with direct care program staff as needed.
  • Other tasks as assigned by the supervisor.

QUALIFICATIONS:

  • Associates degree required/Bachelors preferred.
  • 5 years of progressive work experience in related field is required.
  • Experience with Electronic billing software Net Smart preferred.
  • Experience working with Medicaid, Medicare and Managed Care.
  • Working knowledge of Excel, MS Word and Outlook and overall computer proficiency.
  • Ability to travel to multiple locations within the five boroughs as needed.
  • Must be able to occasionally lift and/or move up to 10 pounds.

BENEFITS:

We offer competitive salary and excellent benefits including:

* Generous time off (Vacation/ Personal Days/ Sick Days/ Paid Holidays annually)

* Medical

* Dental

* Vision

* Retirement Savings with Agency Match

* Transit

* Flexible Spending Account

* Life insurance

* Public Loan Forgiveness Qualified Employer

* Training Series and other additional voluntary benefits.

 For more information on our organization, please visit our website at:

www.ccbq.org EOE/AA.

Apply