Cash Application Specialist

5 Minutes ago • 3 Years +

Job Summary

Job Description

The Cash Application Specialist will be responsible for accurately and efficiently processing incoming payments and applying them to the correct customer accounts and invoices based on the remittance information provided. They will assist the Accounts Receivable team with customer inquiries, help accountants with bank reconciliations, collaborate with cross-functional teams, and participate in process improvement initiatives. This role is within the Shared Services Team in India supporting CCS and requires a candidate with strong analytical and communication skills, proficiency in Microsoft Excel, and a working knowledge of ERP environments.
Must have:
  • Bachelor’s degree in Finance, Accounting, or a related field.
  • 3+ years of experience in a similar role.
  • Strong analytical skills.
  • Excellent verbal and written communication skills.
  • Proficiency in Microsoft Excel and working knowledge of ERP environments.
  • Ability to work independently as well as part of a team.
Good to have:
  • Experience with Workday Financials a plus.
  • Prior experience working in a Shared Services Center preferred.
Perks:
  • Competitive compensation packages
  • Healthcare benefits
  • Opportunities for professional development and growth

Job Details

About Us 

Zelis is modernizing the healthcare financial experience in the United States (U.S.) by providing a connected platform that bridges the gaps and aligns interests across payers, providers, and healthcare consumers. This platform serves more than 750 payers, including the top 5 health plans, BCBS insurers, regional health plans, TPAs and self-insured employers, and millions of healthcare providers and consumers in the U.S. Zelis sees across the system to identify, optimize, and solve problems holistically with technology built by healthcare experts—driving real, measurable results for clients.  

Why We Do What We Do 

In the U.S., consumers, payers, and providers face significant challenges throughout the healthcare financial journey. Zelis helps streamline the process by offering solutions that improve transparency, efficiency, and communication among all parties involved. By addressing the obstacles that patients face in accessing care, navigating the intricacies of insurance claims, and the logistical challenges healthcare providers encounter with processing payments, Zelis aims to create a more seamless and effective healthcare financial system.

Zelis India plays a crucial role in this mission by supporting various initiatives that enhance the healthcare financial experience. The local team contributes to the development and implementation of innovative solutions, ensuring that technology and processes are optimized for efficiency and effectiveness. Beyond operational expertise, Zelis India cultivates a collaborative work culture, leadership development, and global exposure, creating a dynamic environment for professional growth. With hybrid work flexibility, comprehensive healthcare benefits, financial wellness programs, and cultural celebrations, we foster a holistic workplace experience. Additionally, the team plays a vital role in maintaining high standards of service delivery and contributes to Zelis’ award-winning culture. 

Position Overview

We are currently seeking a skilled Cash Applications Specialist to join our Shared Services Team in India supporting CCS. The Cash Application Specialist will play a key role by accurately and efficiently processing incoming payments and ensuring they are posted to the appropriate customer accounts and subsequently applied to the correct invoices based on the customer supplied remittance information.

Position Overview:

Zelis is a leading US-based company that operates in Healthcare Information Technology. We have established a Shared Services Center in India to provide Accounting and Financial services to our US-based operations.

We are currently seeking a skilled Cash Applications Specialist to join our Shared Services Team in India supporting Price. The Cash Application Specialist will play a key role by accurately and efficiently processing incoming payments and ensuring they are posted to the appropriate customer accounts and subsequently applied to the correct invoices based on the customer supplied remittance information.

KEY RESPONSIBILITIES

  • Accurately and promptly post incoming payments to customer accounts and application to invoices based on customer supplied remittance information.
  • Assist Accounts Receivable Team with researching customer questions and requests.
  • Assist Accountants with bank reconciliation processes to ensure that all transactions are accounted for and discrepancies are resolved promptly.
  • Collaborate with cross-functional teams to support business initiatives.
  • Participate in process improvement initiatives and identify opportunities to streamline processes.

EDUCATION AND Professional experience:

Required:

  • Bachelor’s degree in Finance, Accounting, or a related field
  • 3+ years of experience in a similar role
  • Strong analytical skills with the ability to collect, organize and analyze significant amounts of information with attention to detail and accuracy.
  • Excellent verbal and written communication skills.
  • Proficiency in Microsoft Excel and working knowledge of ERP environments. Experience with Workday Financials a plus
  • Ability to work independently as well as part of a team.
  • Prior experience working in a Shared Services Center preferred, primarily supporting a Technology company.

Work environment:

  • Expectation to work primarily in the Zelis-India office on all 5 days in the week
  • Willingness to work outside of normal business hours as required to collaborate with teams outside of India.

We offer competitive compensation packages, including healthcare benefits and opportunities for professional development and growth. If you are a motivated and detail-oriented person who thrives in a fast-paced environment, we encourage you to apply for this exciting opportunity.

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About The Company

Zelis is modernizing the healthcare financial experience by providing a connected platform that bridges the gaps and aligns interests across payers, providers, and healthcare consumers. This platform serves more than 750 payers, including the top 5 national health plans, BCBS insurers, regional health plans, TPAs and self-insured employers, and millions of healthcare providers and consumers. Zelis sees across the system to identify, optimize, and solve problems holistically with technology built by healthcare experts – driving real, measurable results for clients.

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