Financial Associate - Warwick, RI

Date: Feb 27, 2025

Location:

Warwick, RI, US, 02886-1782

Req ID: 29634

Great companies need great teams to propel their operations. Join the group that solves business challenges and enhances the way we work and grow. Working at Gainwell carries its rewards. You’ll have an incredible opportunity to grow your career in a company that values your contributions and puts a premium on work flexibility, learning, and career development.

Summary

The Financial Associate is responsible for, with minimal supervision, processing transactions within the Medicaid Management Information System (MMIS) which support scheduled financial cycles for the State of Rhode Island Medicaid Program. Transactions consist of processing payments for both Medicaid Providers and clients which are requested by our customer. This position is located in Rhode Island and requires working on-site in Warwick, RI.

Your role in our mission

Process Claim Adjustments and Recoupments due to corrections to the initial submission of claims.
Process Recoupments and payouts to Managed Care Organizations (MCO) due to client program enrollment changes.
Preparation of daily bank deposit, ensuring categories are accurately posted to various Account functions.
Maintain check stock and storage. Logging each check issued and having it verified for accuracy.

Issue Manual Checks for provider/client reimbursement
Process wire payments
Bank Reconciliation
Post Payments on Account Receivables
Set Up Electronic Funds Transfer Transactions & Reversals
Research Potential Payment Errors followed with corrective action
Prepare and record a report of all checks processed each financial cycle and submit for State review
Process requested stop payments
Additional projects/assignments requested based on operations team needs

What we're looking for

Attention to detail and excellent problem-solving skills
Ability to effectively prioritize and handle multiple tasks and work under aggressive time constraints
Excellent oral and written communication skills with a focus on excellent customer service
Self-motivated with excellent time management and organizational skills, ability to work independently as well as part of a team
PC skills, including Microsoft Office suite
Ability to follow policies and procedures
Reliability and Accountability

What you should expect in this role

College graduate preferred or equivalent work experience.
Banking or financial experience is helpful
This position is on-site

The pay range for this position is $35,000.00 - $50,000.00 per year, however, the base pay offered may vary depending on geographic region, internal equity, job-related knowledge, skills, and experience among other factors. Put your passion to work at Gainwell. You’ll have the opportunity to grow your career in a company that values work flexibility, learning, and career development. All salaried, full-time candidates are eligible for our generous, flexible vacation policy, a 401(k) employer match, comprehensive health benefits, and educational assistance. We also have a variety of leadership and technical development academies to help build your skills and capabilities.

We believe nothing is impossible when you bring together people who care deeply about making healthcare work better for everyone. Build your career with Gainwell, an industry leader. You’ll be joining a company where collaboration, innovation, and inclusion fuel our growth. Learn more about Gainwell at our company website and visit our Careers site for all available job role openings.

Gainwell Technologies is committed to a diverse, equitable, and inclusive workplace. We are proud to be an Equal Opportunity Employer, where all qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical condition), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We celebrate diversity and are dedicated to creating an inclusive environment for all employees.