Overview
Responsible for developing and directing Credit Department duties related to collections risk and fraud risk in the Advance Partners portfolio. Interviews, supervises, trains, assigns work, and evaluates work of direct reports.
Responsibilities
Advance Partners, a Paychex-backed financial services firm founded in 1998 and based in Cleveland, OH, empowers staffing agencies with payroll funding, invoice factoring, back office support, and strategic services. Serving 600+ firms with nearly $8 billion annually, they offer flexible capital, compliance expertise, and growth-focused advisory tailored to the talent acquisition industry. For more information visit http://www.advancepartners.com
Please note: The person who fills this role will train/work in one of the local offices listed in the posting. After training they will be allowed to work a hybrid schedule of 3 days in the office and 2 days at home if desired.
The shift is Monday - Friday, approx. 8:00 am - 5:00 pm ET. (hours in other time zones may be adjusted)
Applicants must be authorized to work for any employer in the US. Paychex is unable to sponsor or take over sponsorship of an employment Visa at this time. Candidates for this role may not be located in CA.
This position is available for US based applicants only.
- Provides direct supervision to team of portfolio Credit Analysts to ensure proper oversight of credit portfolio is maintained. This includes establishing expectations, monitoring results, and providing routine feedback to direct reports.
- Provides insight and recommendations on risk during credit related meetings. Creates and distributes tasks and notes for Debtor and Client risk management meetings. Maintains responsibility and accountability for execution of initiatives. Maintains ownership of risks identified until fully satisfied that risk on an account is under control.
- Recruits, selects, hires, and evaluates performance of direct reports. Supports, mentors, and develops direct reports.
- Establishes metrics and tools to identify potential risk/trends related to outstanding balances. Continually designs, improves, and tracks metrics for measuring key performance indicators to measure success and identify potential issues. Presents results to Senior Leadership.
- Coordinates communication and joint tasks between direct reports and Cash Team regarding detailed analysis of payments.Leads responsibility for ongoing monitoring and evolution of Credit's responsibilities in regards to payment exceptions. Holds ultimate responsibility for follow up and task assignment.
- Partners with Senior Leaders to create and update a Debtor and Client level “Checklist” tool. Provides guidance to direct reports and Senior Collateral Risk Analyst to prepare and review Checklist for clients and debtors who are new, large, or deemed risky for other reasons.
- Partners with Senior Leaders to design and implement ongoing credit, fraud, and risk related training for all appropriate staff members.
- Provides leadership and serves as the point person for critical issues (inclusive of internal / external fraud) and best practices to ensure company assets are safeguarded or recovered, in conjunction with Senior Leadership.
Qualifications
- Bachelor's Degree in Accounting or Related Subject - Preferred
- Supervisory Experience (preferably 3 or more year).
- 5 years of experience in collections, cash posting, reconciliation or similar functions.
Compensation
In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $90, 000 - $110,000 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
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.
Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.
Not sure if you meet every requirement?
At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.
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.