Accountant, Cash Applications

Posted 9 Days Ago
Be an Early Applicant
New York, NY
65K-75K Annually
Junior
Healthtech
The Role
The Accountant will manage the daily cash application process, assist with bank reconciliations, communicate payment details to third parties, support month-end close activities, and identify process improvement opportunities. Collaboration with internal teams and maintaining strong relationships is also key.
Summary Generated by Built In

Thank you for considering Progyny!

We are seeking a detail-oriented and adaptable Accountant to join our team. This role will assist with the daily cash application process, including managing some manual processes, while contributing to a wide range of accounting functions. The ideal candidate thrives in a fast-paced, results-driven environment, demonstrates flexibility, and has a knack for process improvement, constantly seeking ways to streamline workflows and enhance efficiency.

What you will do...

  • Oversee and maintain the daily cash application process, including manual elements, ensuring accuracy and timeliness.

  • Assist with monthly bank reconciliation and related reporting.

  • Partner with internal teams to address client payment receipts and respond promptly to requests, building and maintaining strong working relationships.

  • Communicate daily payment receipt details to the third-party claims processor.

  • Provide weekly cash application status updates to key stakeholders.

  • Perform selected month-end close activities, including preparing journal entries and reconciling various balance sheet and income statement accounts.

  • Support audit and SOX compliance requirements.

  • Actively develop and maintain knowledge of internal policies and procedures.

  • Identify opportunities to automate and streamline processes, helping to minimize manual effort and improve efficiency.

  • Adapt to and manage manual workflows as needed while proposing scalable improvements.

  • Contribute to special projects and additional tasks as assigned.

About you...

  • 1-3 years of corporate accounting experience.

  • Bachelor’s degree in Accounting, Finance, or a related field.

  • Hands-on experience with Accounts Receivable and Accounts Payable processes.

  • Exposure to annual external audits.

  • Experience working in a large healthcare system or similar organization is preferred.

  • Proficiency in Excel, with a strong understanding of spreadsheets and data manipulation.

  • Exceptional communication skills (written and verbal).

  • Flexible and comfortable working with manual processes while striving for improvements.

  • Strong ability to collaborate effectively across departments.

  • Detail-oriented, with excellent documentation and organizational skills.

  • A process improvement mindset, with a proactive approach to identifying inefficiencies and implementing solutions.

  • Ability to multitask, prioritize effectively, and adapt to a dynamic work environment.

  • Capable of working both independently and as part of a collaborative team.

About Progyny:

Progyny is a transformative fertility, family building and women’s health benefits solution, trusted by the nation’s leading employers, health plans and benefits purchasers. We envision a world where everyone can realize dreams of family and ideal health. Our outcomes prove that comprehensive, inclusive and intentionally designed solutions simultaneously benefit employers, patients and physicians.

Our benefits solution empowers patients with concierge support, coaching, education, and digital tools; provides access to a premier network of fertility and women's health specialists who use the latest science and technologies; drives optimal clinical outcomes; and reduces healthcare costs. 

Our mission is to empower healthier, supported journeys through transformative fertility, family building and women’s health benefits. 

Headquartered in New York City, Progyny has been recognized for its leadership and growth as a TIME100 Most Influential Company, CNBC Disruptor 50, Modern Healthcare's Best Places to Work in Healthcare, Forbes' Best Employers, Financial Times Fastest Growing Companies, Inc. 5000, Inc. Power Partners, and Crain's Fast 50 for NYC. For more information, visit www.progyny.com.

Our perks: 

  • Family friendly benefits: Paid family and parental leave, fertility and family building benefits (including egg freezing, IVF, and adoption support), family care fund and Parents’ Employee Resource Group 

  • Health, dental, vision and life insurance options for employees and family 

  • Free in-person, virtual and text-based mental health and wellness support

  • Paid time off, including vacation, sick leave, personal days and summer flex time 

  • Company equity 

  • Bonus program 

  • 401(k) plan with company match

  • Access to on-demand legal and financial advice

  • Company social events 

  • Flex days (3 days a week in the office) and onsite meals and snacks for employees reporting into our NY office

In compliance with New York City's Wage Transparency Law, the annual salary [wage] range for NYC-based applicants is: $65,000 - $75,000. There are a variety of factors that go into determining a salary range, including but not limited to external market benchmark data, geographic location, and years of experience sought/required. Progyny offers a total compensation package comprised of base salary, cash bonus, and equity. 

Progyny is proud to be an Equal Opportunity and Affirmative Action employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, age, genetic information, marital status, pregnancy or related condition, status as a protected veteran, criminal history consistent with legal requirements or any other basis protected by law.

#LI-BR1

Top Skills

Excel
The Company
New York, New York
615 Employees
On-site Workplace
Year Founded: 2008

What We Do

Progyny (Nasdaq: PGNY) is a transformative fertility, family building and women’s health benefits solution, trusted by the nation’s leading employers, health plans and benefit purchasers. We envision a world where everyone can realize their dreams of family and ideal health. Our outcomes prove that comprehensive, inclusive, and intentionally designed solutions simultaneously benefit employers, patients and physicians.

Our benefits solution empowers patients with concierge support, coaching, education, and digital tools; provides access to a premier network of fertility and women's health specialists who use the latest science and technologies; drives optimal clinical outcomes; and reduces healthcare costs.

Headquartered in New York City, Progyny has been recognized for its leadership and growth as a TIME100 Most Influential Company, CNBC Disruptor 50, Modern Healthcare's Best Places to Work in Healthcare, Forbes' Best Employers, Financial Times Fastest Growing Companies, Inc. 5000, Inc. Power Partners, and Crain's Fast 50 for NYC. For more information, visit www.progyny.com

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