Funding Reconciliation Specialist - Advance Partners

Paychex•Cincinnati, OH

11d•Hybrid

About The Position

The Funding Reconciliation Specialist - AP is responsible for identifying current and prospective clients that work with VMS systems, determining best method for funding, educating external clients and internal employees on funding processes, and completing true ups routinely to ensure accuracy. The primary focus will be funding directly from VMS systems and completing weekly true up activity for clients. 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. 8:30 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.

Requirements

Bachelor's Degree in Business, Finance or Accounting related - Required
3 years of experience in Experience in banking/finance/accounting environment with emphasis on commercial credit and VMS systems.

Responsibilities

Identify how best to utilize VMS systems for funding and true up processes and document for execution
Identify, recommend, and implement strategies through the use of these systems to management
Work closely with Service and Implementation teams on prospects using VMS systems
Work with existing clients on how these systems impact the funding process and supply data to the funding team for funding and true ups
Maintains metrics related to these systems
Other tasks as assigned