Supervisor, Billing and Collateral - Advance Partners

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 and process improvements to minimize exception reports and fraud or loss. The incumbent will perform quarterly reviews for direct reports, develop policies and standard 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 set up 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 The starting base pay range for this position is $61,400 - $96,500 annually. This range is the base pay only and does not consider other components that make up the total rewards package for the position. 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. Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment. #J-18808-Ljbffr