Cash Management Analyst

Cash Management AnalystMinneapolis, MinnesotaAt Tactile Medical, we specialize in developing at-home therapy devices to treat lymphedema, chronic venous insufficiency and respiratory illnesses.The Cash Management Analyst will assist in various aspects of the cash application process, with the primary focus being partnering with team members to drive efficiencies, and maintenance in automating the company's cash collection processes. Responsible for creating, reviewing, and disseminating various reports to support timely and accurate cash collection and application. This position will partner with the Cash Management Lead and Cash Application Supervisor to further automate the company's cash collection processes, thereby having a direct impact on timely cash posting therefore improving the company's cash balance.Accountabilities & ResponsibilitiesReview, analyze and interpret remittance information supplied on remittance advice from third-party portalsProcess credit card payments and payer correspondence received via the company's lockboxServe as the primary liaison between the company's banks and the collections teams to resolve errorsMake calls to insurance/payers to resolve and research payment issuesResearch recoupment and offset information for payment postingPartner with the Cash Management Lead to transition payers from paper transactions to electronic methods of payment, including electronic claims, electronic remittance notices and electronic fund transfersAssist in review of reimbursement analyses and other reporting, as required, to identify issues or trends and develop a plan to address accordinglyDevelop and maintain an environment of continuous process improvement, focused on enhancing and streamlining collections and the related reporting processesProvide support for system upgrades and implementationsOther duties as assignedPerform all job duties while maintaining compliance with all appropriate regulatory requirements including, SEC, IRS and HIPAAEducation & ExperienceRequired:Bachelor or Associate degree or equivalent work experience2+ years of experience in the healthcare field1+ years of experience in treasury functionsKnowledge & Skills:Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint) with ability to learn various software programs quicklyStrong analytical and problem-solving skillsAbility to work in a fast paced, dynamic and growth environmentTakes ownership of their assigned responsibilitiesHigh professional standards and personal and professional integrityProven ability to work with minimal direction, as well as be resourceful and independent in solving problems and multi-task effectivelyStrong attention to detailStrong critical thinking skillsComfortable working cross functionally within various levels of an organizationCompetencies:Change AgentIntegrity and TrustInfluencingPlanningCommunicationDecision QualityProcess ManagementPriority SettingPeer RelationshipsProblem SolvingOur total compensation package includes medical, dental and vision benefits, retirement benefits, employee stock purchase plan, paid time off, parental leave, family medical leave, volunteer time off and additional leave programs, life insurance, disability coverage, and other life and work wellness benefits and discounts. Benefits may be subject to generally applicable eligibility, waiting period, contributions, and other requirements and conditions. Below is the starting salary or hourly range for this position, although offers may differ based on the candidate's location, job-specific knowledge, skills and experience.US Pay Range$23.89 - $31.35 USD