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We are looking for a Factoring Operations Specialist to join our team in Highland Hills, Ohio. In this role, you will manage critical back-office processes related to payroll invoicing, funding packets, cash applications, and reconciliations. Your efforts will ensure financial processing accuracy, meet banking deadlines, and support client satisfaction. This is a long-term contract position offering an excellent opportunity to work collaboratively with Portfolio and Relationship Managers while contributing to operational efficiency.
Job Responsibility:
Prepare and reconcile funding reports, including invoices purchased, accounts receivable activity, and reserve analyses, on a weekly basis
Ensure the accuracy and auditability of all reconciliations while meeting required timelines
Create and validate data files for system imports, ensuring consistency and precision
Process wires and Automated Clearing House (ACH) transactions in alignment with banking deadlines
Generate accounts receivable aging reports and subsidiary statements, balancing payroll and invoicing to accounting records
Investigate and resolve exception items by collaborating closely with Relationship Managers and documenting outcomes
Maintain compliance with internal policies by keeping detailed, audit-ready records and meeting all processing deadlines
Identify and implement workflow improvements to enhance operational efficiency
Support cross-functional teams by addressing discrepancies and ensuring timely resolutions
Adhere to quality standards and contribute to the delivery of high-quality client service
Requirements:
Associate’s degree in Accounting or equivalent relevant experience
Proficiency in Microsoft Excel with the ability to work across multiple datasets and systems
Solid knowledge of accounts payable, accounts receivable, payroll taxes, and cash posting
Exceptional attention to detail and strong organizational skills for managing deadlines in a fast-paced environment
Ability to collaborate effectively with cross-functional teams and maintain a service-oriented mindset
Nice to have:
Experience in factoring, payroll processing, or financial operations is preferred
Familiarity with reconciliation processes and exception-management workflows is advantageous
Commitment to maintaining compliance and producing accurate, high-quality results
What we offer:
medical, vision, dental, and life and disability insurance