We are in search of a Cash Accountant to join our team in Stamford, Connecticut. In this role, you will be responsible for handling banking and treasury-related tasks within the healthcare industry. The core responsibilities of this role involve processing and reporting on cash activities and maintaining banking relationships, among other tasks.

Responsibilities:

• Accurately process daily cash collection reports, categorizing them by practice, location, and source.
• Act as the main point of contact for banking institutions, facilitating the opening of new accounts and administering changes in account structures.
• Manage banking systems and ensure they are functioning effectively and efficiently.
• Collaborate with other teams to redirect payments from legacy bank accounts and ensure their timely closure.
• Monitor and transfer funds between legacy bank accounts as needed.
• Conduct monthly bank fee analysis and recommend strategies for efficiency improvements and fee reductions.
• Compare actual vs. budget reporting for cash collections.
• Prepare lending materials and compliance certificates.
• Conduct analysis of the revenue cycle, payor, procedure rate, and volume.
• Serve as the subject matter expert for accessing banking data and reports.• Proficiency in banking software is necessary for the execution of daily tasks.
• Familiarity with accounting functions, including but not limited to, maintaining ledgers, reviewing financial statements, and managing budget forecasts.
• Experience in Accounts Payable (AP) processes is a must, including invoice processing, payments, and reconciliation.
• Knowledge of Automated Clearing House (ACH) transactions, including the ability to process payments and deposits.
• Understanding of banking operations, including the ability to manage transactions, maintain customer relationships, and adhere to regulatory requirements.
• Experience in managing cash activity, such as cash flow tracking, cash balance reporting, and forecasting is essential.