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Financial Processing Associate Jobs in Detroit, MI

Senior Financial Analyst

Dearborn, MI · On-site

$78K - $98K/yr

... process improvements and special projects. The position provides support to functional ... With operations in North America, South America, Europe and Asia, Penske and its associates help ...

Senior Financial Analyst

Dearborn, MI · On-site

$78K - $97K/yr

... process improvements and special projects. The position provides support to functional ... With operations in North America, South America, Europe and Asia, Penske and its associates help ...

Senior Financial Analyst

Dearborn, MI · On-site

$75K - $102K/yr

... process improvements and special projects. The position provides support to functional ... Our excellent benefits plan keeps associates and their families happy, healthy, and secure. To ...

... process improvements and special projects. The position provides support to functional ... Our excellent benefits plan keeps associates and their families happy, healthy, and secure. To ...

Senior Financial Analyst

Dearborn, MI · On-site

$75K - $102K/yr

... process improvements and special projects. The position provides support to functional ... Our excellent benefits plan keeps associates and their families happy, healthy, and secure. To ...

Senior Financial Analyst

Dearborn, MI · On-site

$78K - $98K/yr

... process improvements and special projects. The position provides support to functional ... The associate is frequently required to use hands to touch, handle, and feel, and to reach with ...

Showing results 21-40

Financial Processing Associate information

See Detroit, MI salary details

$13

$31

$67

How much do financial processing associate jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for financial processing associate in Detroit, MI is $31.64, according to ZipRecruiter salary data. Most workers in this role earn between $20.48 and $34.04 per hour, depending on experience, location, and employer.

What is a financial processing associate?

Financial Processing Associates are professionals responsible for handling and processing financial transactions within an organization. Their duties typically include data entry of financial records, verifying the accuracy of invoices and payments, and ensuring compliance with company policies and accounting standards. They often work closely with accounting and finance teams to maintain accurate financial records and support audits or financial reporting. Attention to detail and strong organizational skills are essential for success in this role.

What are the key skills and qualifications needed to thrive as a financial processing associate?

To thrive as a Financial Processing Associate, you need strong numerical accuracy, attention to detail, and a foundational understanding of accounting or finance, often supported by a relevant degree or experience. Familiarity with financial software such as QuickBooks, SAP, or Oracle, and proficiency in spreadsheets are typically required. Excellent organizational skills, communication, and the ability to manage deadlines set top performers apart. These skills and qualities ensure precise transaction processing, minimize errors, and support smooth financial operations in any organization.

What are some common challenges financial processing associates face, and how can they be addressed?

Financial Processing Associates often work with large volumes of transactions and must ensure accuracy under tight deadlines. A common challenge is staying organized and minimizing errors during data entry and reconciliation. This can be addressed by developing strong attention to detail, using checklists, and leveraging software tools to automate repetitive tasks. Additionally, clear communication with team members and other departments helps resolve discrepancies quickly and maintain smooth workflow.

What is the difference between Financial Processing Associate vs Accounts Payable Clerk?

AspectFinancial Processing AssociateAccounts Payable Clerk
Primary ResponsibilitiesProcessing financial transactions, data entry, verifying paymentsManaging vendor invoices, processing payments, reconciling accounts
Required SkillsAttention to detail, basic accounting, data managementInvoice processing, accounting software proficiency, attention to detail
Work EnvironmentFinance departments, corporate officesFinance or accounting departments, corporate offices
Common CertificationsNone required or basic bookkeeping certificationsNone required, often familiarity with accounting software

While both roles involve handling financial data, a Financial Processing Associate focuses on processing a variety of financial transactions and data verification, whereas an Accounts Payable Clerk specializes in managing vendor invoices and payments. Both positions require attention to detail and familiarity with accounting processes, but their specific duties differ within the finance department.

What do you do as a financial processing associate?

A financial processing associate handles tasks such as reviewing and verifying financial transactions, processing payments, and maintaining accurate financial records. They often use accounting software and must ensure compliance with company policies and financial regulations.

What are popular job titles related to Financial Processing Associate jobs in Detroit, MI?

For Financial Processing Associate jobs in Detroit, MI, the most frequently searched job titles are:

Trust Operations Specialist

Bank of Ann Arbor

Ann Arbor, MI • On-site

Full-time

Posted 27 days ago


Job description

Description:

The Trust Operations Specialist is responsible for the accurate and timely processing of routine trust and asset-related transactions in support of the Trust Operations function. This role serves as a first-line transactional position, executing daily operational activities necessary to initiate, monitor, and complete account and asset transactions. The Trust Operations Specialist works within a structured, rotational assignment model to ensure operational coverage, consistency, and adherence to established procedures. The role supports financial control, client reporting, and regulatory obligations by ensuring transactions are properly processed, documented, reconciled, and reported in accordance with established standards and deadlines.


Key Responsibilities

· Process routine asset-related transactions, including electronic receipts, disbursements, collections, and internal asset movements, in accordance with established procedures and deadlines.

· Initiate, monitor, and process incoming and outgoing account transfers, including transactions involving external financial institutions.

· Perform the initial review of transfer documentation to ensure accuracy, completeness, and proper authorization prior to processing.

· Complete cost basis processing and maintenance, including reviewing, importing, and aggregating data from external and internal sources.

· Process routine corporation actions and security income activity, including asset adjustments, and consolidation of holdings as required.

· Trace and reconcile transactions throughout the business day, identifying, researching, and escalating discrepancies or out-of-balance conditions as appropriate.

· Generate and distribute client statements and routine operational reports in accordance with established schedules and controls.

· Prepare preliminary operational and transactional reports for review by senior team members.

· Support additional operational tasks, projects, or audits as assigned.



Requirements:

· Bachelor’s degree in business or equivalent work experience

· 1-year related experience or 2 years progressive financial processing experience

· Familiarity with Trust Operations, including financial and securities industry practices, trust accounting, bank compliance requirements, and applicable regulatory and audit guidelines.

· Strong organizational skills, an orientation to detail, accurate transaction processing, and able to detect situations that require analysis prior to processing.

· Ability to prioritize responsibilities, problem-solve and work effectively with internal associates as well as occasional client contact.


Physical Demands and Work Environment

The physical demands described here are representative of those required to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.


This position is primarily performed in a professional office environment and is largely sedentary in nature. While performing the duties of this position, the employee is regularly required to sit, communicate verbally, hear, and use hands and fingers to operate a computer, telephone, and other office equipment.


The employee may occasionally be required to stand, walk, reach, or lift and move office materials weighing up to 15 pounds. Specific vision abilities required include close vision and the ability to focus on computer screens and written materials.

The noise level in the work environment is generally moderate.