Optum

Cash Reconciliation Specialist

Optum

Eden Prairie, MN, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

At Optum, we are committed to providing exceptional healthcare services to our clients and their patients. As a Cash Reconciliation Specialist, you will play a vital role in ensuring the accuracy and efficiency of our financial operations. We are seeking an experienced and detail-oriented individual who is passionate about maintaining financial integrity and providing top-notch customer service. If you are looking for a challenging yet rewarding opportunity to make a positive impact in the healthcare industry, we encourage you to apply and join our dynamic team.

  1. Perform daily cash reconciliation tasks to ensure accurate and timely processing of financial transactions.
  2. Investigate and resolve discrepancies in cash balances, identifying and addressing potential issues.
  3. Collaborate with various teams and departments to ensure proper communication and resolution of financial discrepancies.
  4. Maintain accurate and organized financial records and documentation.
  5. Assist in the development and implementation of new processes and procedures to improve efficiency and accuracy of cash reconciliation.
  6. Provide exceptional customer service to both internal and external stakeholders regarding financial inquiries and concerns.
  7. Contribute to the overall financial integrity of the organization by adhering to established financial policies and procedures.
  8. Stay updated on industry trends and regulations related to cash reconciliation and make recommendations for process improvements.
  9. Communicate regularly with management and team members to provide updates on cash reconciliation activities and identify any potential issues.
  10. Participate in team meetings and trainings to enhance knowledge and skills related to cash reconciliation processes.
  11. Collaborate with other departments to ensure alignment and consistency in financial reporting and processes.
  12. Maintain confidentiality of sensitive financial information.
  13. Prioritize and manage multiple tasks efficiently, meeting all deadlines and quality standards.
  14. Act as a subject matter expert on cash reconciliation processes and policies.
  15. Continuously seek opportunities for process improvement and make recommendations to enhance efficiency and accuracy.
Where is this job?
This job is located at Eden Prairie, MN, USA
Job Qualifications
  • Strong Analytical And Problem-Solving Skills

  • Bachelor's Degree In Accounting Or Related Field

  • Minimum Of 2-3 Years Experience In Cash Reconciliation Or Accounting Role

  • Proficiency In Microsoft Excel And Financial Software Systems

  • Excellent Attention To Detail And Ability To Meet Strict Deadlines

Required Skills
  • Financial Analysis

  • Communication Skills

  • Data Entry

  • Time Management

  • Cash Handling

  • Accounting principles

  • Detail-oriented

  • Problem-Solving

  • Excel proficiency

  • Accuracy

  • Audit Preparation

  • Bank Statement Reconciliation

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Cash Reconciliation Specialist in Eden Prairie, MN, USA is $40,000-$50,000 per year. This can vary depending on factors such as experience, qualifications, and the specific company or industry the specialist is working in. Some specialists may earn higher salaries if they have advanced certifications or if they work for larger, more profitable companies.

Additional Information
Optum is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 23rd, 2024
Apply BeforeMay 22nd, 2025
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About Optum

Since 1992, HealthCare Partners has been committed to developing innovative models of healthcare delivery that improve our patients' quality of life while containing healthcare costs. Our strength is in our steadfast commitment to our guiding principle of coordinated care. Our physicians strive daily to bring the benefits of coordinated care to more than 600,000 managed care patients in California, who represent the diversity of cultures, socioeconomic groups, ages, and health statuses in the communities we serve.

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