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Lockbox Operations Jobs in Georgia (NOW HIRING)

AR Specialist

Atlanta, GA ยท Remote

$19.50 - $25.75/hr

... operations across multiple internal and external systems. The AR Associate is responsible for ... lockbox, ACH/wire transfers, remote deposits, and other payment types Research and resolve ...

AR Specialist

Atlanta, GA ยท Remote

$19.75 - $26.25/hr

... operations across multiple internal and external systems. The AR Associate is responsible for ... lockbox, ACH/wire transfers, remote deposits, and other payment types Research and resolve ...

AR Specialist

Decatur, GA ยท Remote

$19.75 - $26/hr

... operations across multiple internal and external systems. The AR Associate is responsible for ... lockbox, ACH/wire transfers, remote deposits, and other payment types Research and resolve ...

AR Specialist

Atlanta, GA ยท Remote

$19.50 - $25.75/hr

... operations across multiple internal and external systems. The AR Associate is responsible for ... lockbox, ACH/wire transfers, remote deposits, and other payment types Research and resolve ...

AR Specialist

Marietta, GA ยท Remote

$18.50 - $24.50/hr

... operations across multiple internal and external systems. The AR Associate is responsible for ... lockbox, ACH/wire transfers, remote deposits, and other payment types Research and resolve ...

AR Specialist

Atlanta, GA ยท Remote

$19.25 - $25.50/hr

... operations across multiple internal and external systems. The AR Associate is responsible for ... lockbox, ACH/wire transfers, remote deposits, and other payment types Research and resolve ...

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Lockbox Operations information

What is the difference between Lockbox Operations vs Cash Processing Clerk?

AspectLockbox OperationsCash Processing Clerk
CredentialsBanking certifications, familiarity with banking softwareBasic financial or clerical experience, sometimes banking knowledge
Work EnvironmentBank branches, processing centers, financial institutionsBank branches, back-office financial departments
Industry UsageFinancial services, bankingBanking, retail banking, financial institutions
Job FocusProcessing incoming payments via mailed checks, electronic paymentsHandling cash, verifying deposits, data entry

Lockbox Operations primarily involves managing incoming payments received through mail or electronic means, focusing on processing and depositing funds efficiently. Cash Processing Clerks handle cash transactions, verify deposits, and perform data entry tasks. While both roles support banking operations, Lockbox Operations emphasizes payment processing, whereas Cash Processing Clerks focus on cash handling and verification.

What are some common challenges faced in Lockbox Operations, and how are they typically addressed?

In Lockbox Operations, a frequent challenge is managing large volumes of payments while ensuring accuracy and meeting strict processing deadlines. Errors in data entry or delays can impact client satisfaction and financial reporting. Teams typically address these challenges by using advanced automated systems, following standardized procedures, and conducting regular quality checks. Collaboration with IT and client service teams is also essential to quickly resolve technical issues or exceptions and maintain a high level of service.

What are the key skills and qualifications needed to thrive in Lockbox Operations, and why are they important?

To excel in Lockbox Operations, you need strong attention to detail, analytical abilities, and a background in finance or accounting, often supported by a high school diploma or associate degree. Familiarity with lockbox processing systems, banking software, and document imaging tools is essential. Excellent organizational skills, reliability, and effective communication help individuals stand out in this role. These competencies ensure accurate processing of financial transactions, minimize errors, and support efficient workflow in high-volume banking environments.

What is Lockbox Operations?

Lockbox Operations refers to a service provided by banks where they receive, process, and deposit payments on behalf of businesses. These operations involve collecting mail payments sent to a secure P.O. box, opening and scanning checks, and posting payment information to the appropriate accounts. This helps companies speed up the processing of incoming payments, reduce in-house processing costs, and improve cash flow management. Lockbox Operations staff ensure that payments are processed accurately and securely, and may also handle remittance documents and provide daily transaction reports to clients.
AR Specialist (Brokerage Insurance Industry Required)

AR Specialist (Brokerage Insurance Industry Required)

Vaco LLC

Decatur, GA โ€ข Hybrid

$30/hr

Full-time

Dental, Vision, Retirement

Posted 19 days ago


Job description

Role: AR Specialist (Commercial/Brokerage Insurance Industry Required) Position: Contract (Permanent Potential) Location: Buckhead โ€“ Atlanta On-Site: Hybrid (3x a week โ€“ Tues-Thurs โ€“ after training period) Salary: $30/hr Job Details Vaco is partnering with a reputable insurance brokerage firm in Atlanta is seeking a detail?oriented AR Specialist to support daily AR operations in a fast?paced, multi?system environment. This contract role offers strong potential for permanent hire within a 4โ€“6-month timeframe. Candidates must have AR experience within the commercial/brokerage insurance industry to be considered for this position.

Key Responsibilities Support daily Accounts Receivable operations across multiple internal systems Apply customer payments, including lockbox, ACH/wire, remote deposits, and other payment methods Research and resolve unapplied cash, payment discrepancies, and account variances Prepare and post ad?hoc bank entries as needed Process refunds and voids in accordance with company policies Maintain reconciliation integrity across AR accounts Support billing updates, account maintenance, and agency?to?direct?bill transitions Collaborate closely with Underwriting, Business Development, and Customer Support teams Manage AR cases and tasks within workflow and CRM tools Communicate professionally with customers and agents to resolve inquiries Assist with reporting, audits, system updates, and user acceptance testing (UAT) Identify and recommend process improvement opportunities to enhance efficiency and accuracy Qualifications 3-5+ years of AR experience in the brokerage/commercial insurance industry (REQUIRED) Strong analytical and reconciliations experience within accounting operations Proficiency with ERP systems, CRM tools, and Excel (Pivot Tables, V-Lookups, formulas) Excellent communication and customer?service orientation Ability to work independently and collaboratively in a deadline?driven environment Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individualโ€™s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the companyโ€™s 401(k) retirement plan.

Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions.

Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals.

As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application.

In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries (โ€œwe,โ€ โ€œour,โ€ or โ€œVaco by Highspringโ€) respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.

Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here.

Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individualโ€™s skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure.

The individual may also be eligible for discretionary bonuses.


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About Vaco

Sourced by ZipRecruiter

Vaco delivers critical talent solutions to companies in the areas of consulting, project resources, executive search, direct hire and strategic staffing with expertise in numerous areas including accounting and finance, technology and operations. Vaco's family of brands includes Pivot Point Consulting, a best in KLAS health care IT solutions provider; Focus Search Partners, a retained executive search practice; and MorganFranklin Consulting, Vaco's methodology-driven global consulting platform. Since its founding in 2002, Vaco has grown to serve more than 12,000 clients across the globe with more 9,800 employees. Vaco has been named to Inc. magazine's list of the fastest-growing private companies for the past 15 years and was named to Forbes' 2018-2021 lists of America's Best Recruiting Firms.

Industry

Recruiting and staffing services

Company size

5,001 - 10,000 Employees

Headquarters location

Brentwood, TN, US

Year founded

2002

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