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Invoice Factoring Jobs (NOW HIRING)

Responsibilities 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 ...

Responsibilities 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 ...

Responsibilities 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 ...

Responsibilities 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 ...

Head of Credit Underwriting

New York, NY · On-site +1

$185K - $210K/yr

Proven track record of building and scaling risk frameworks across credit and portfolio risk in Asset-Based Lending (ABL), Invoice Factoring, and Receivable Financing. * Strong understanding of risk ...

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Invoice Factoring information

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$11

$17

$24

How much do invoice factoring jobs pay per hour?

As of Jun 3, 2026, the average hourly pay for invoice factoring in the United States is $17.74, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $20.67 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Invoice Factoring Specialist, and why are they important?

To thrive as an Invoice Factoring Specialist, you need a strong understanding of finance, accounts receivable processes, and risk assessment, typically with a background in accounting, finance, or business administration. Familiarity with factoring software, CRM systems, and financial analysis tools is common, and relevant certifications like CFA or CPA can be advantageous. Excellent communication, negotiation, and attention to detail are vital soft skills for building client relationships and accurately evaluating invoices. These skills ensure effective risk management, client satisfaction, and smooth transaction processing in the invoice factoring industry.

How does an Invoice Factoring specialist typically collaborate with sales and accounting teams?

An Invoice Factoring specialist frequently works closely with both sales and accounting teams to ensure accurate and timely processing of client invoices. They coordinate with sales to verify the legitimacy of invoices and confirm delivery of goods or services, while also partnering with accounting to reconcile payments and monitor outstanding receivables. Strong communication and attention to detail are essential, as these collaborations help prevent discrepancies and ensure smooth cash flow management for clients.

What is invoice factoring?

Invoice factoring is a financial transaction where a business sells its accounts receivable (invoices) to a third-party company, known as a factor, at a discount. This allows the business to receive immediate cash instead of waiting for their customers to pay the invoices. It is commonly used to improve cash flow, pay suppliers, or reinvest in operations. The factor then collects the payment from the business's customers when the invoice is due. Invoice factoring is particularly popular among small and medium-sized businesses that need quick access to working capital.

What is the difference between Invoice Factoring vs Accounts Receivable Specialist?

AspectInvoice FactoringAccounts Receivable Specialist
CredentialsMinimal; often no specific certifications requiredTypically requires accounting or finance certifications
Work EnvironmentFinancial institutions, factoring companiesCorporate finance or accounting departments
Industry UsageUsed by businesses seeking immediate cash flowManages client payments and collections
FunctionProvides immediate cash by selling invoicesManages and collects accounts receivable

While Invoice Factoring involves selling invoices to obtain quick cash, Accounts Receivable Specialists focus on managing and collecting outstanding invoices for ongoing cash flow management. Both roles are essential in finance but serve different purposes in cash flow strategies.

More about Invoice Factoring jobs
What cities are hiring for Invoice Factoring jobs? Cities with the most Invoice Factoring job openings:
What states have the most Invoice Factoring jobs? States with the most job openings for Invoice Factoring jobs include:
Infographic showing various Invoice Factoring job openings in the United States as of May 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 57% Physical, 2% Hybrid, and 41% Remote job distribution, with an average salary of $36,908 per year, or $17.7 per hour.
Supervisor, Credit- Advance Partners

Supervisor, Credit- Advance Partners

Paychex

Irving, TX • Hybrid

$57.20K - $89.90K/yr

Full-time

Medical, Retirement, PTO

Posted 12 days ago


Paychex rating

7.3

Company rating: 7.3 out of 10

Based on 154 frontline employees who took The Breakroom Quiz

188th of 425 rated business services


Job description

Imagine Your Future with Us! Since 1971, Paychex has been at the forefront of simplifying HR, payroll, and benefits for American businesses. Our digital HR technology and advisory solutions cater to the changing needs of employers and their employees. With our award-winning training and endless opportunities for growth and development, you can build a lifelong career with us. We pride ourselves on fostering an inclusive and innovative culture. Our leaders are here to support your career journey; they and our dedicated employees embody the values that drive us to support each other, our clients, and our communities. Join us to pursue your passion and unleash your potential.
Overview

This position is responsible for developing, training and leading a team of credit analysts. The primary focus will be on 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.


Responsibilities

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. 8:00 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.

  • Manages trains and directs a team of Credit Analysts to ensure quality client service.
  • Monitors an assigned portfolio to identify potential risk areas and address accordingly by reviewing incoming payments and other atypical trends.
  • 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.
  • Handles buyout clients and transitions to the credit team.
  • Participates in weekly Credit and Debtor meetings for assigned relationships, in conjunction with the service team members, to coordinate and discuss potential escalating issues.
  • Reviews new customer setup requests to establish account limits.
  • Suggests new billing procedures through VMS or non-standard billing debtors to minimize cash exceptions.

Qualifications
  • Bachelor's Degree in Business, Finance or Accounting related - Required
  • Master's Degree in MBA/CPA - Preferred
  • 5 years of experience in banking/finance/accounting environment with emphasis on commercial credit.
  • Potential for travel for meetings. 

Compensation
In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $57,200 - $89,900 annually. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.
Live the Paychex Values
  • Act with uncompromising integrity.
  • Provide outstanding service and build trusted relationships.
  • Drive innovation in our products and services and continually improve our processes.
  • Work in partnership and support each other.
  • Be personally accountable and deliver on commitments.
  • Treat each other with respect and dignity.

  • What's in it for you?
    • We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
    • We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
    • We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
    • We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
    • We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

    • Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.

      Not sure if you meet every requirement?
      At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.

      Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.Qualifications:
      • Bachelor's Degree in Business, Finance or Accounting related - Required
      • Master's Degree in MBA/CPA - Preferred
      • 5 years of experience in banking/finance/accounting environment with emphasis on commercial credit.
      • Potential for travel for meetings. 
      Education:UNAVAILABLEEmployment Type: FULL_TIME

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    About Paychex

    Sourced by ZipRecruiter

    Consult with America's businesses, leveraging Paychex key referral channels and partnerships to educate stakeholders on our services, and provide consultative solutions to increase market share and drive revenue.

    Industry

    Human resources consulting services

    Company size

    10,000+ Employees

    Headquarters location

    Rochester, NY, US

    Year founded

    1971

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