Supervisor, Billing and Collateral - Advance Partners

Join Our Team at Paychex

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex.

Position Overview

This position is responsible for developing, training and leading a team of Collateral Risk Analysts. The primary focus will be on managing the day to day workflow of the Billing and Collateral aging audit teams while providing excellent client service (internal and external) and process improvements to minimize exception reports and fraud or loss. The incumbent will perform quarterly reviews for direct reports, develop policies and standardized procedures for the department and focus on risk mitigation through an understanding of credit, billing, cash collections and general factoring while also assisting the team with their day to day job duties.

Responsibilities

Monitors and completes Billing department transactions and functions to ensure they are completed accurately, timely, and in accordance with department and company policy. Monitors the results of the team to ensure targets are met and executed improvements achieve desired results. Monitors work queue for the billing team to make sure billing setups, audits, and reconciliations are being completed in a timely manner. Identifies, recommends, and implements strategies to best reduce the risk of loss to the company in deteriorating client situations. Creates standard policies and procedures for the department to reduce the risk of loss to the company and improve the client experience. Suggests new billing procedures through VMS or non-standard billing debtors to minimize cash exceptions. Participates in weekly Credit and Debtor meetings for assigned relationships, in conjunction with the service team members, to coordinate and discuss potential escalating issues. Assists Sr. Collateral Risk Analysts in reviewing new billing requests to make sure debtors are appropriately setup in our systems at the time of funding.

Qualifications

• Bachelor's Degree in Business, Finance or Accounting related - Preferred
• Master's Degree in MBA/CPA - Preferred
• 5 years of experience in banking/finance/accounting environment with emphasis on commercial credit.

Compensation

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $61,400 - $96,500 annually. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Live the Paychex Values

• Act with uncompromising integrity.
• Provide outstanding service and build trusted relationships.
• Drive innovation in our products and services and continually improve our processes.
• Work in partnership and support each other.
• Be personally accountable and deliver on commitments.
• Treat each other with respect and dignity.

What's in it for you?

• We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
• We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
• We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
• We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
• We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.