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Payment Settlement Manager

Payment Settlement Manager

# of Openings 
1
Job Locations 
US-PA-Philadelphia
Category 
Accounting/Finance

More information about this job

Overview

JOB SUMMARY: The Payment Settlement Manager works across multiple departments, including Accounting, Application Operations, Customer Support and client teams.  Primary responsibilities will be monitoring electronic payment settlement between healthcare providers, health plans, and/or patients.  This position will be instrumental in building a department, improving on existing policies & procedures and establishing financial controls.  Individual must have the ability to multi-task and maintain a resilient, flexible attitude with lots of enthusiasm. 

 

Responsibilities

Essential Functions:

  • Monitor electronic payment settlement (EFT, ACH, etc.) between healthcare providers, health plans, and/or patients to ensure they are processed accurately
  • Reconcile expected payment distributions and receipts per our electronic platform to actual activity with financial institutions
  • Research and follow up on reconciling items as needed
  • Complete daily and monthly settlement reports for compliance and audit purpose
  • Build a department, improve on existing policies & procedures and establish financial controls 
  • Be on cutting edge of electronic payment processing, understanding NACHA rules, new payment products, and continually learning in an entrepreneurial environment
  • Any other duties as applicable to the position
     

Qualifications

  • Treasury background and working knowledge of electronic payments
  • Proficient with Microsoft Office, especially Excel
  • Financial reconciliation and analysis skills
  • Strong interpersonal skills
  • Excellent oral and written communication skills
  • Knowledge of NACHA rules and understanding of electronic funds transfers, including ACH, eCheck, Check21Ability to effectively communicate across multiple departments, as well as clients
  • Self-Motivated with the ability to work independently;
  • Exceptional organizational and time-management skills with attention to detail
  • Demonstrated ability to manage multiple priorities in a fast paced environment
  • High ethical and moral standards
  • Ability to act discretely with confidential information
  • Positive and enthusiastic attitude
  • Team-oriented with a commitment to the success of everyone in the company 

HIGH-GROWTH ENVIRONMENT:

The candidate will be operating in a high-energy, high-growth environment. This is an excellent opportunity for individuals looking to excel and learn in an open, professional, team-oriented environment, and grow their career with an industry innovator and recipient of several industry awards.

 
COMPENSATION:

We offer a competitive compensation package. Benefits include medical, dental, vision discount program, short-term disability, long-term disability, life insurance, stock options and 401(k).

 

COMPANY PROFILE:

InstaMed is a rapidly growing healthcare technology company that has established itself as a leader in the emerging market of healthcare payments. InstaMed’s solutions are delivered via its proprietary cloud-based platform and network of healthcare providers and payers. We are seeking motivated candidates to join our dynamic and growing company.

 

InstaMed is an Equal Opportunity Employer.

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