Factoring Operations Specialist

Are you a Factoring Operations Specialist looking to join one of the top companies in the Business Process Outsourcing industry?

Are you looking to further your career and grow?

Do you have experience in back-office processing, payroll, invoicing, or cash application?

If you answered yes to those three questions, then apply today!

Acara Solutions is seeking highly qualified candidates to work onsite with our client in Highland Hills, OH. Interested?

Here's what you'd do:

• The Factoring Operations Specialist is responsible for executing accurate, timely back-office processing across payroll, invoicing, funding packets, cash application, and reconciliations that support the delivery of high-quality client service.
• This role ensures the integrity of financial processing, meets banking deadlines, and partners closely with Portfolio/Relationship Managers to resolve exceptions and maintain a stable factoring portfolio.
• Funding & Reconciliation
  1. Prepare and reconcile weekly funding reports, including invoices purchased, accounts receivable activity, and reserve analyses.
  2. Ensure all reconciliations are accurate, auditable, and completed within required timelines.
• Data Preparation & Imports
  1. Build and validate Excel/CSV files for import.
  2. Perform accurate data entry for invoices purchased, maintaining consistency across systems.
• Cash Movement & Reporting
  1. Execute wires and ACH transactions in coordination with banking deadlines.
  2. Generate A/R aging and subsidiary reports; balance payroll and invoicing to accounting statements.
• Exception Processing
  1. Support Relationship Managers by researching and processing exception items.
  2. Surface discrepancies, partner cross-functionally to resolve them, and document outcomes.
• Quality, Compliance & Timeliness
  1. Meet all daily, weekly, and banking-related processing deadlines.
  2. Maintain complete, audit-ready records and adhere to internal policies and procedures.
  3. Identify opportunities for process improvement and workflow efficiency.

Here's what you'll get:

• Pay rate: $20.00-$22.00/hr
• Hours: 40 Hours/Week 1^st Shift
• Length: Temp (12 Months)

Sound like a good fit?

APPLY TODAY

About Acara Solutions

Acara is a premier recruiting and workforce solutions provider-we help companies compete for talent. With a legacy of experience in various industries worldwide, we partner with clients, listen to their needs, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, and workforce services worldwide.

• Associate's Degree in Accounting
• Minimum 2 years of experience in back-office processing, payroll, invoicing, or cash application.

• Experience in factoring, payroll processing, or financial operations.
• Familiarity with reconciliation and exception-management workflows.
• Good Excel skills and proficiency working across multiple datasets and systems
• Solid understanding of payroll taxes, accounts payable, accounts receivable, and cash posting.
• Highly detail-oriented, organized, and effective at managing deadlines in a fast-paced environment.
• Strong service mindset with the ability to collaborate across teams.

Additional Information :

• Upon offer of employment, the individual will be subject to a background check and a drug screen.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.