Supervisor, Billing and Collateral - Advance Partners

Advance Partners•Highland Hills, OH

18h•Hybrid

About The Position

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. 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

Requirements

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

Nice To Haves

Master's Degree in MBA/CPA

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.