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Financial Processing Associate Jobs in Jonesboro, AR

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Financial Processing Associate information

See Jonesboro, AR salary details

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How much do financial processing associate jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for financial processing associate in Jonesboro, AR is $31.90, according to ZipRecruiter salary data. Most workers in this role earn between $20.62 and $34.33 per hour, depending on experience, location, and employer.

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 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 job categories do people searching Financial Processing Associate jobs in Jonesboro, AR look for? The top searched job categories for Financial Processing Associate jobs in Jonesboro, AR are:

Associate Director of Technical Operations in Financial Aid

The Chronicle Of Higher Education, Inc.

Jonesboro, AR • On-site

$110 - $130/hr

Other

Posted 7 days ago


Job description

Position Summary

The Associate Director of Financial Aid for Technical Operations provides strategic and operational leadership for the technical infrastructure that supports the awarding, packaging, disbursement, and reporting of federal, state, and institutional financial aid.

The incumbent serves as the office’s primary technical authority, partnering closely with the Director of Financial Aid, Information Technology, the Registrar, Student Accounts, and Institutional Research to ensure that aid systems operate accurately, efficiently, and in full compliance with federal and state regulations.

This position combines deep functional knowledge of financial aid administration with hands‑on technical expertise in the Ellucian Banner Student Information System and structured query language (SQL).

Duties & Responsibilities
  • Lead the technical configuration, maintenance, and continuous improvement of the Ellucian Banner Financial Aid module, including rules tables, packaging algorithms, need analysis parameters, fund management, and award letter automation.

  • Manage the financial aid components of Course Program of Study (CPOS) compliance, including Banner CPOS module configuration, recalculation of federal aid eligibility based on CPOS‑eligible enrollment, and related reporting and aid adjustments; partner with the Registrar’s Office and Information Technology on degree audit integration and data exchange.

  • Design, write, test, and maintain SQL queries, scripts, and stored procedures to support data extraction, reconciliation, federal and state reporting, audit response, and ad hoc analysis.

  • Under the direction of the Director of Financial Aid, manage the full lifecycle of electronic data exchange with the U.S. Department of Education, including ISIR loads, COD reporting for Pell and Direct Loans, NSLDS submissions, and resolution of file rejects and reconciliation discrepancies.

  • Assist the HEI Program Coordinator, as needed, with the administration of state grants and scholarships, ensuring accurate enrollment certification, eligibility determination, and timely transmission of state‑mandated reports.

  • Coordinate annual Banner roll‑over activities, year‑end processes, regulatory updates, and the implementation of new federal and state aid programs and rule changes.

  • Serve as the offices technical liaison to Information Technology, vendors, and software partners on system upgrades, patches, integrations, and the evaluation of new technologies.

  • Develop and maintain documentation, standard operating procedures, and internal controls for all technical processes, ensuring continuity of operations and audit readiness.

  • Support the Director of Financial Aid in strategic planning, policy development, and the preparation of materials for federal program reviews, state audits, and institutional

Knowledge/Skills/Abilities

Demonstrated experience writing and maintaining SQL queries against a Banner or comparable Oracle‑based environment.

Working knowledge of federal Title IV regulations and applicable state aid program rules.

General Days/Hours

Monday - Friday

8:00 a.m. - 5:00 p.m.

Additional hours as requested and/or needed

Regular and reliable attendance

Preferred Qualifications
  • Higher Education & Financial Aid – Comprehensive understanding of higher education administration and student services, with specialized expertise in federal Title IV regulations (Pell Grant, Direct Loans, FSEOG, Federal Work‑Study) and applicable state grant, scholarship, and tuition assistance programs.
  • Ellucian Banner - Demonstrated proficiency administering the Ellucian Banner Financial Aid module, including rules‑based packaging, fund and budget setup, requirements tracking, regulatory user‑defined fields, and integration with Banner Student, Accounts Receivable, and General modules.
  • SQL & Data Operations - Strong working knowledge of SQL (Oracle PL/SQL preferred) for querying, joining, and manipulating data across Banner tables; ability to build reproducible reports including Argos, troubleshoot data integrity issues, and translate functional requirements into accurate technical specifications.
  • Compliance & Analysis - Skill in interpreting and applying complex federal and state regulations; sound analytical judgment; meticulous attention to detail; and the ability to maintain confidentiality of student records in accordance with FERPA and institutional policy.
  • Communication & Leadership - Effective written and verbal communication with both technical and non‑technical audiences; ability to lead cross‑functional projects, mentor staff, and build collaborative relationships across the institution-
Minimum Qualifications

The formal education equivalent of an earned Bachelor's degree.

Other job‑related education and/or experience may be substituted for all or part of these basic requirements upon approval of the qualifications review committee.

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