Job Description: Assist Accounting Department with various financial tasks, including, detailed claim accounting, bank and claim reconciliations, treasury management, and other claims accounting items.
Essential Functions, Duties and Responsibilities: , Prepare various financial reports monthly for 25+ clients including, but not limited to, monthly replenishment reports, bank and claim payment reconciliations. , Process stop and void payments in the claims system and when applicable with the banking institution. , Review, identify, and correct transactional errors as part of claim payment reconciliation process. , Ensure bank accounts have sufficient funding from clients to guarantee timely issuance of payments. , Daily monitoring of approximately 150 bank accounts. This includes monitoring of cleared checks, incoming/outgoing wire activity and current bank balances. , Manage & resolve any positive pay exceptions. , Communicate via verbal and written communication with clients to resolve accounting issues. , Post recovery and refund payments. Reconcile recoveries and refunds monthly. , Work closely with IT and Account Management departments to ensure data provided is accurate, complete and complies with contractual obligations. , Process returned escheatment letters, update tracking mechanisms, and report unclaimed property per individual and state filing requirements. , Review, assess, and resolve any errors associated with daily banking export files. , Assist with other miscellaneous duties as directed by supervisor.