Accounts Receivable Specialist - 12 Month Contract
The Future of Health Starts with You
·Yesterday
- Salary
- $50k – $67k
- Location
- Mississauga, ON, CAN - 2300 Meadowvale Blvd (MC74), Canada
- Workplace
- Hybrid
- Type
- Contract
- Experience
- 2+ years
- Source
- Workday
Description
McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.
About the Role
We are seeking an Accounts Receivable Specialist (Cash Application) to support the accurate processing, application, and reconciliation of payments from patients and third-party payers. In this role, you will play a key part in maintaining financial accuracy, supporting cash flow management, and ensuring timely account reconciliation within a fast-paced healthcare environment. You will work collaboratively with cross-functional teams while managing daily financial transactions and payment activities.
What You'll Do
- Apply and reconcile payments received from patients and third-party insurance providers.
- Process pre-authorized and credit card payments and accurately post transactions to customer accounts.
- Perform daily cash and sales reconciliations using financial systems and Excel.
- Reconcile third-party provider payments and investigate discrepancies.
- Process approved account adjustments, write-offs, discounts, and bad debt transactions.
- Maintain accurate records and audit documentation for payment processing activities.
- Monitor outstanding balances, communicate regarding overpayments and unpaid invoices, and support healthy cash flow management.
- Provide status updates on daily cash receipts and reconciliation activities.
- Contribute to process improvement initiatives that enhance efficiency and accuracy.
- Support additional accounts receivable and finance functions as required.
Basic Requirements
- Post-secondary diploma or degree in Accounting, Finance, Business Administration, or a related field, or an equivalent combination of education and experience.
- Minimum 2 years of experience in Accounts Receivable, Cash Application, Payment Processing, or a related finance function.
- Intermediate proficiency with Microsoft Excel.
- Experience performing account reconciliations and processing financial transactions.
- Strong attention to detail and organizational skills.
- Ability to prioritize tasks, manage deadlines, and work independently in a fast-paced environment.
- Strong written and verbal communication skills.
Preferred Skills & Experience
- Experience processing pharmacy-related payments.
- Experience using Kroll or similar pharmacy management/financial systems.
- Experience working with insurance adjudication, healthcare billing, or third-party payers.
- Experience identifying and implementing process improvements.
- Experience managing high-volume transaction processing environments.
Work Environment
- Hybrid or in-office requirements to be determined by business needs.
- Occasional periods of extended computer use and data entry.
- Ability to manage multiple priorities in a deadline-driven environment.
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.
Our Base Pay Range for this position
$50,000 - $66,600McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:
McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.
McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.
McKesson job postings are posted on our career site: careers.mckesson.com.
McKesson is an Equal Opportunity Employer
McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) [email protected] or (Canada) [email protected]. Resumes or CVs submitted to this email box will not be accepted.
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