Location: Boca Raton, FL (On-site)
Position Type: Temp-to-Perm / Direct Hire Potential
Industry: Insurance / Financial Services
About the Role:
Are you a detail-oriented finance or accounting professional looking to make an immediate impact? We are seeking a high-performing Cash Application Specialist to join a dynamic finance team in Boca Raton. In this critical role, you will ensure the seamless processing of financial operations, manage key banking correspondence, and help maintain accurate financial records during a high-volume peak period.
Whether you bring a background in insurance accounting (EOBs, lockbox, policy posting) or accounts receivable analysis (aging reports, reconciliations, task automation), this is an exceptional opportunity to showcase your expertise in a supportive, fast-paced environment.
Key Responsibilities:
- Payment Posting & Reconciliation: Accurately post high volumes of policyholder premium payments, ACH transfers, lockboxes, and credit card transactions into the policy administration system.
- Bank Operations: Manage daily JPMorgan correspondence and lockbox file processing while conducting bank and general ledger reconciliations.
- A/R Analysis: Analyze aged Accounts Receivable (A/R) balances to identify trends, resolve discrepancies, and recommend write-offs.
- Refunds & Adjustments: Review system-generated policyholder refunds for accuracy, executing credit card voids, chargebacks, cash investigations, and check reissuances.
- Offshore BPO Support: Serve as the primary internal escalation point for the offshore BPO team to resolve posting queries and operational bottlenecks.
- Operational Agility: Maintain strict accuracy and deadline compliance under shifting, high-priority storm-prep demands.
- Experience: 1–2+ years in cash applications, AR, or insurance accounting.
- Technical Skills: High proficiency in Microsoft Excel for data entry and reconciliation.
- Education: High School Diploma required; some college preferred.
- Preferred: Knowledge of insurance consumer premium receivables and EOB processing.
salary: $20 - $22 per hour
shift: First
work hours: 8 AM - 4 PM
education: Bachelors
Responsibilities
- Payment & Policy Posting: Accurately post high-volume policyholder payments, ACH transfers, lockbox deposits, and credit card transactions into the policy administration system, ensuring precise allocation via Explanation of Benefits (EOBs).
- Bank & JPMorgan Relations: Manage daily JPMorgan correspondence and lockbox files, conducting routine bank and general ledger reconciliations to maintain immaculate financial records.
- A/R Analysis & Write-offs: Analyze aged Accounts Receivable (A/R) balances to identify trends, resolve complex posting discrepancies, and recommend appropriate write-offs.
- Refunds & Financial Adjustments: Review and confirm system-generated policyholder refunds for accuracy, executing credit card voids, chargebacks, cash investigations, and check reissuances.
- Offshore BPO Support: Act as the primary escalation point for the offshore BPO group, resolving complex queries, posting errors, and operational bottlenecks.
- Storm-Prep & Priority Management: Adapt swiftly to shifting high-volume priorities in preparation for storm-related operations while strictly meeting tight deadlines.
Skills
Qualifications
Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).
This posting is open for thirty (30) days.
