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We are looking for a detail-oriented Factoring Operations Specialist to support critical cash application and back-office financial operations for a payroll services environment in West Henrietta, New York. This Long-term Contract position focuses on ensuring accurate transaction processing, timely reconciliations, and dependable reporting that help maintain strong client service and financial integrity. The ideal candidate is comfortable working across multiple datasets, meeting strict deadlines, and partnering with internal teams to resolve processing issues efficiently.
Job Responsibility
Prepare and review recurring funding activity reports, ensuring invoice purchases, receivable activity, and reserve calculations are accurately aligned
Perform detailed reconciliations to confirm financial records are complete, traceable, and finalized within established deadlines
Create, validate, and organize spreadsheet-based files for system uploads and related operational processing
Enter and maintain invoice and transaction data with a high level of accuracy across platforms and supporting records
Coordinate cash movement activities, including wire and ACH-related processing, while adhering to banking cutoffs and timing requirements
Produce aging schedules, subsidiary reporting, and balancing support tied to payroll, invoicing, and accounting records
Investigate exceptions and discrepancies, working closely with relationship-focused partners to resolve issues and document outcomes clearly
Maintain audit-ready documentation, follow established procedures, and contribute ideas that improve efficiency and processing quality
Requirements
Associate’s degree in Accounting or comparable experience in a related financial operations role
Strong Microsoft Excel skills with the ability to work effectively across multiple files, datasets, and systems
Working knowledge of accounts receivable, accounts payable, cash application, payroll processing, or payroll tax-related activities
Proven accuracy in data entry, reconciliation, and financial reporting within deadline-driven environments
High attention to detail with strong organizational skills and the ability to manage multiple priorities at once
Effective communication skills and a collaborative approach to resolving operational issues across teams
Nice to have
Experience in factoring, payroll services, or broader financial operations is preferred
Familiarity with exception handling, compliance-focused procedures, and audit support practices is a plus