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Cash Posting Executive

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Job Description - Cash Posting Executive

At MiniMed, you can begin a lifelong career of exploration and innovation, while helping make a difference in the lives of people living with diabetes around the globe. You'll lead with purpose, breaking down barriers to innovation for a more connected, compassionate world.

About the Role

A Day in the Life

Our Global Diabetes Capability Center in Pune is expanding to serve more people living with diabetes globally. Our state-of-the-art facility is dedicated to transforming diabetes management through innovative solutions and Technologies that reduce the burden of living with diabetes.

This position is an exciting opportunity to work with Minimed’s Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

#BetterDaysStartNow


The Cash Posting Executive is responsible for accurately posting payments, adjustments, and denials received from insurance carriers and patients into the practice management (PM) system. The role ensures accurate reconciliation, zero backlogs, and timely reporting to support smooth revenue flow in the RCM cycle.

Key Responsibilities

1. Payment Posting

  • Post insurance and patient payments (EOB/ERA) accurately in the PM system.

  • Ensure correct allocation of payments against claims, DOS, and CPTs.

  • Handle manual posting for complex EOBs when auto-posting is not feasible.

2. Adjustment & Denial Posting

  • Post adjustments based on contractual guidelines and payer rules.

  • Record denials with appropriate denial codes.

  • Update the system with correct remark codes for downstream AR follow-up.

3. Reconciliation

  • Balance batches daily against bank deposits, ERAs, and internal trackers.

  • Identify and highlight variances or miss-posted amounts.

  • Maintain zero discrepancy between payer remittance and posted transactions.

4. Refunds & Corrections

  • Process overpayments and coordinate refund requests with the Finance team.

  • Correct mis-posted payments, denials, or adjustments when identified.

5. Documentation & Reporting

  • Maintain daily posting logs, deposit summary reports, and reconciliation sheets.

  • Escalate any payer-level issues or missing remittance information.

6. Compliance & Accuracy

  • Ensure 100% adherence to HIPAA and PHI security protocols.

  • Maintain high accuracy and productivity as per SLA requirements.

Required Skills & Experience

  • 1–4 years of experience in US Healthcare RCM – Cash Posting / Cash Applications.

  • Strong understanding of EOBs, ERAs, denial codes, adjustments, and reconciliation.

  • Hands-on experience with PM/EHR systems.

  • Ability to interpret remittance advice and insurance payment patterns.

  • Good typing speed, numerical ability, and attention to detail.

  • Basic Excel proficiency (VLOOKUP, filters, reconciliation sheets).

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

Benefits & Compensation

MiniMed offers a competitive salary and flexible benefits package

At MiniMed, we put people first. A commitment to our employees lives at the core of our values: We recognize their contributions. They share in the success they help create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every stage of your career and life.


 

About MiniMed

We want to make every day a better day for people living with diabetes. Our team of creative innovators around the globe share a passion for finding the simplest solutions to the problems that people with diabetes face on a daily basis. For more than 40 years, we've been redefining what's possible, from intelligent dosing systems designed for real life to predictive insights that stay a step ahead, and we're dedicated to continuing to support our customers through every step of their journey — meeting them where and how they need it.

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