Bank Reconciliation QA Specialist

Requisition ID 2024-4016
Location/Org Data : Name
Perungudi, Chennai, India
Location Status
Onsite
Employment Type
Full-Time

About Us

  • Ventra is a leading business solutions provider for facility-based physicians practicing anesthesia, emergency medicine, hospital medicine, and now radiology, through the recent combining of forces with Advocate RCM. Focused on Revenue Cycle Management and Advisory services, Ventra partners with private practices, hospitals, health systems, and ambulatory surgery centers to deliver transparent and data-driven solutions that solve the most complex revenue and reimbursement issues, enabling clinicians to focus on providing outstanding care to their patients and communities.

Job Summary

  • We are seeking a highly meticulous and detail-oriented Bank Reconciliation Quality Assurance (QA) Specialist to join our team. In this role, you will be responsible for ensuring the accuracy and integrity of our bank reconciliation processes within the Revenue Cycle Management (RCM) domain. The ideal candidate will possess a strong understanding of banking procedures, exceptional analytical skills, and a keen eye for discrepancies. If you thrive in a fast-paced environment and have a passion for maintaining financial accuracy, we encourage you to apply.

Essential Functions and Tasks

  • Perform comprehensive quality assurance checks on bank reconciliation processes within the Revenue Cycle Management (RCM) domain.
  • Review bank statements, transaction records, and reconciliation reports to identify any discrepancies or errors.
  • Analyze financial data to ensure accuracy and compliance with regulatory standards.
  • Collaborate with cross-functional teams to investigate and resolve reconciliation discrepancies in a timely manner.
  • Develop and implement quality assurance procedures and protocols to enhance the efficiency and accuracy of bank reconciliation processes.
  • Document QA findings, reports, and recommendations for process improvements.
  • Communicate effectively with internal stakeholders to provide insights and recommendations for optimizing bank reconciliation workflows.
  • Stay updated on industry trends, regulatory changes, and best practices related to bank reconciliation processes.
  • Participate in training sessions and knowledge-sharing activities to enhance team proficiency in bank reconciliation QA processes.
  • Assist in ad-hoc projects and tasks related to bank reconciliation and financial analysis, as assigned.

Education and Experience Requirements

  • Bachelor's degree in any related field.
  • Proven experience (4+ years) in bank reconciliation, within the Revenue Cycle Management (RCM) domain.

Knowledge, Skills, and Abilities

  • Strong understanding of banking procedures, financial principles, and regulatory requirements.
  • Exceptional analytical skills with the ability to identify and resolve reconciliation discrepancies.
  • Proficiency in using financial software and tools for reconciliation, such as Excel, QuickBooks, or similar platforms.
  • Excellent attention to detail and accuracy in financial data analysis.
  • Effective communication skills, both verbal and written, with the ability to collaborate across departments.
  • Ability to prioritize tasks and manage time effectively in a fast-paced environment.
  • Strong problem-solving skills and a proactive approach to identifying process improvements.
  • Familiarity with healthcare finance and billing systems is a plus.

Ventra Health

Equal Employment Opportunity (Applicable only in the US)

Ventra Health is an equal opportunity employer committed to fostering a culturally diverse organization. We strive for inclusiveness and a workplace where mutual respect is paramount. We encourage applications from a diverse pool of candidates, and all qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, age, national origin, disability, sexual orientation, gender identity and expression, or veteran status. We will provide reasonable accommodations to qualified individuals with disabilities, as needed, to assist them in performing essential job functions.

 

Recruitment Agencies

Ventra Health does not accept unsolicited agency resumes. Ventra Health is not responsible for any fees related to unsolicited resumes.

 

Solicitation of Payment

Ventra Health does not solicit payment from our applicants and candidates for consideration or placement.

 

Attention Candidates
Please be aware that there have been reports of individuals falsely claiming to represent Ventra Health or one of our affiliated entities Ventra Health Private Limited and Ventra Health Global Services. These scammers may attempt to conduct fake interviews, solicit personal information, and, in some cases, have sent fraudulent offer letters.

To protect yourself, verify any communication you receive by contacting us directly through our official channels. If you have any doubts, please contact us at Careers@VentraHealth.com to confirm the legitimacy of the offer and the person who contacted you. All legitimate roles are posted on https://ventrahealth.com/careers/.

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