Vālenz Health® · 1 day ago
Cash Applications Specialist
United States
Full-time
Remote
Mid LevelVālenz Health® is a platform aimed at simplifying healthcare, engaging employers, payers, providers, and members to enhance quality and reduce costs. As a Cash Applications Specialist, you will be responsible for posting and reconciling client payments, resolving discrepancies, and supporting month-end closing activities while ensuring compliance with company policies.
Insurance
Responsibilities
Posts and applies payments from clients accurately and timely to the appropriate accounts, ensuring proper coding and documentation
Researches and reconciles payments, including investigating discrepancies, resolving unapplied or misapplied payments, and collaborating with internal teams to ensure accurate financial records
Processes voids, refunds, and adjustments by reviewing payment issues, coordinating with internal departments, and ensuring proper documentation for audit compliance
Matches and distributes payments to vendors, ensuring accuracy in remittance advice and adherence to contractual agreements
Maintains and updates financial records by managing various Excel logs and reports, ensuring accuracy and completeness in tracking payment activities
Communicates with clients and internal teams regarding payment discrepancies, missing remittances, and any necessary follow-ups to resolve outstanding issues
Supports month-end and year-end closing processes by reconciling accounts, assisting with reporting, and providing documentation as needed
Ensures compliance with company policies, procedures, and internal controls, adhering to accounting principles and regulatory requirements
Collaborates with Accounts Receivable and other finance teams to improve cash application processes, implement efficiencies, and support business operations
Performs additional duties as assigned by the supervisor, contributing to departmental projects and process improvement initiatives
Qualification
Required
High school diploma or equivalent
Proficiency in Microsoft Office, especially Excel and Outlook
Strong ethical conduct, organizational skills, and time management
Ability to learn quickly, work independently, and collaborate as needed
Preferred
Accounting certificate
NetSuite experience
Benefits
Generously subsidized company-sponsored Medical, Dental, and Vision insurance, with access to services through our own products, Healthcare Blue Book and KISx Card.
Spending account options: HSA, FSA, and DCFSA
401K with company match and immediate vesting
Flexible working environment
Generous Paid Time Off to include vacation, sick leave, and paid holidays
Employee Assistance Program that includes professional counseling, referrals, and additional services
Paid maternity and paternity leave
Pet insurance
Employee discounts on phone plans, car rentals and computers
Community giveback opportunities, including paid time off for philanthropic endeavors
Company
Vālenz Health®
Vālenz Health® is the platform to simplify healthcare – the destination for employers, payers, providers, and members to reduce costs, improve quality, and elevate the healthcare experience.
Founded in 2004
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Christina Morrison
Chief Financial Officer
Amy Gasbarro
Chief Care Officer
Recent News
MarketsandMarkets Research Pvt. Ltd.
2025-07-01
Company data provided by crunchbase