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Lockbox Processing Jobs in Iowa (NOW HIRING)

LHH US

Associate - Accounting Operations

Urbandale, IA · Hybrid

$25 - $28/hr

Review and process lockbox payments and apply cash to appropriate policies or invoices * Identify payment application details, ensuring accuracy of amounts and effective dates * Investigate and ...

LHH US

Associate - Accounting Operations

Urbandale, IA · Hybrid

$25 - $28/hr

Review and process lockbox payments and apply cash to appropriate policies or invoices * Identify payment application details, ensuring accuracy of amounts and effective dates * Investigate and ...

All JobsLockbox Processing JobsLockbox Processing Jobs in Iowa

Lockbox Processing information

See Iowa salary details

$8

$16

$19

How much do lockbox processing jobs pay per hour?

As of Jun 26, 2026, the average hourly pay for lockbox processing in Iowa is $16.85, according to ZipRecruiter salary data. Most workers in this role earn between $15.82 and $18.27 per hour, depending on experience, location, and employer.

What jobs pay $400 an hour?

Lockbox processing jobs typically do not pay $400 an hour; such high wages are usually associated with specialized roles like senior executives, highly experienced consultants, or certain medical and legal professionals. Most processing or administrative jobs pay significantly less, and earning $400 per hour generally requires advanced skills, certifications, or leadership positions in specific industries.

What is the difference between Lockbox Processing vs Accounts Receivable Clerk?

AspectLockbox ProcessingAccounts Receivable Clerk
Primary RoleProcessing incoming payments and depositsManaging customer accounts and billing
CredentialsBasic accounting knowledge, familiarity with banking proceduresAccounting or finance degree often preferred
Work EnvironmentBanking or finance department, often in office settingsOffice environment, interacting with finance teams and customers
Industry UsageFinancial institutions, corporations with large payment volumesBusinesses managing accounts receivable

Lockbox Processing focuses on handling incoming payments and deposits, often within banking or corporate finance settings. In contrast, Accounts Receivable Clerks manage customer accounts, billing, and collections. While both roles require basic accounting skills, Lockbox Processing emphasizes payment processing, whereas Accounts Receivable Clerks handle account management and reconciliation.

What are some common challenges faced in a Lockbox Processing role, and how can they be managed effectively?

In Lockbox Processing, one of the main challenges is maintaining accuracy and speed while handling large volumes of financial transactions, especially during peak periods. Errors can lead to delays or misapplied payments, so attention to detail and strong organizational skills are vital. Additionally, adapting to frequent changes in client instructions and complying with security protocols can be demanding. Many teams use quality control measures and regular training to help mitigate these challenges, and collaboration with team members ensures smooth workflow and quick resolution of any discrepancies.

What does a lockbox processor do?

A lockbox processor handles incoming payments by processing mailed checks and remittances, recording transactions, and ensuring accurate data entry into financial systems. They often use specialized software and work in secure environments to facilitate efficient cash flow management.

What are the key skills and qualifications needed to thrive as a Lockbox Processing Specialist, and why are they important?

To thrive as a Lockbox Processing Specialist, you need strong attention to detail, data entry accuracy, and a high school diploma or equivalent. Familiarity with lockbox software, scanning equipment, check processing systems, and sometimes knowledge of banking regulations is typically required. Reliability, organizational skills, and the ability to work efficiently under tight deadlines are valuable soft skills in this role. These skills are crucial to ensure accurate and timely processing of financial transactions, minimizing errors and maintaining client trust.

What is lockbox processing?

Lockbox processing is a service provided by banks to help businesses manage incoming payments more efficiently. In this process, customer payments are sent directly to a special post office box (lockbox) accessible by the bank. The bank collects, processes, and deposits these payments on behalf of the business, often scanning checks and remittance documents for electronic access. This service helps companies speed up payment collection, reduce manual handling, and improve cash flow management.

What job makes $10,000 a month without a degree?

Lockbox processing is typically an entry-level administrative role and does not usually pay $10,000 a month. High-paying jobs that can reach this level without a degree often include specialized sales, real estate brokerage, or entrepreneurship in certain industries, but these require skills, experience, or certifications rather than formal education. Most roles with such high earnings involve significant responsibility, performance-based pay, or business ownership.

What jobs pay $2000 a day?

Lockbox processing jobs typically do not pay $2000 a day; they are usually entry-level or clerical roles with lower daily earnings. High-paying jobs that can reach or exceed $2000 daily often include specialized roles such as surgeons, corporate executives, or certain consulting positions, which require advanced skills, certifications, or significant experience.
What are popular job titles related to Lockbox Processing jobs in Iowa? For Lockbox Processing jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in Iowa look for? The top searched job categories for Lockbox Processing jobs in Iowa are:
Lockbox Processing jobs near you
Infographic showing various Lockbox Processing job openings in Iowa as of June 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Hybrid job distribution, with an average salary of $35,049 per year, or $16.9 per hour.
Cash Applications Specialist I

Cash Applications Specialist I

GreatAmerica Financial Services

Cedar Rapids, IA • On-site

$19.25 - $24/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

Job description

GreatAmerica Financial Services is a highly successful entrepreneurial company providing equipment financing to businesses across the United States. Our exemplary customer service, our principle-centered business philosophy and our team-based operating approach are key to our success and growth.
We Are Looking to Add a Key Member to Our Cash Applications Team!
Ownership of Cash Application related duties for GFSC Including, applying payments quickly and accurately to ensure accurate invoicing, delinquency reporting, and timely late charge posting. This role provides opportunity for working and building relationships with internal and external Customers.
As a Cash Applications Specialist, you will:
  • Basic understanding of the systems utilized by Cash to service various types of contracts with a focus on Infolease, ServiceCloud, Lockbox Reporter, and other Cash Application platforms
  • Exhibits understanding of lessors and differing needs based on industry or customer preference.
  • Owns cash application processes including, but not limited to:
    • Applies payments received by various methods (Lockbox, ACH, Phone Pay, Bill Pay, Live), in conjunction with lease agreement
    • Reformat and balance daily posting files from various resources (Banks, Phone Pay Portal, ACH). Assist with daily reconciliations to ensure applications are complete and accurate
    • Set up customer banking information for ACH processing and generate/transmit withdrawal files.
    • Process returned payment notifications from various sources
    • Post Cash journal entries reflecting payment application activity
  • Assist with routine quality control checks to ensure accuracy and deliver a superior customer experience.
  • Responsible for pulling and balancing
  • Assist in basic daily and monthly disposition tasks, as needed
  • Responsible for the completion of work orders/cases/emails, and other requests submitted to the Cash Team
  • Responds to customer inquiries and research requests
  • Lives the GreatAmerica principles; involved in cross functional team efforts as required and assigned

To be successful in this role you will need:
Education
  • High School Diploma or equivalent required
  • Two-year college education desired

Experience
  • One to three years' experience or equivalent combination of education and experience required

Computer Skills
  • Excel, Word, Access, Outlook, Infolease, SharePoint, PBS, and OnBase

Other Requirements
  • Ten-key calculator, ability to multi-task, ability to work in a fast-paced environment, ability to meet deadlines, ability to be a strong positive team player, takes initiative

Sharing rewards is an integral part of our culture. We believe in the value of hard work and reward our employees beyond the paycheck. Our total rewards package is based on eligibility and includes:
Financial Benefits
  • Competitive Compensation
  • Monthly Bonuses for Eligible Employees
  • 401(k) and Company Match
  • Annual Profit Sharing
  • Paid Time Off

Health, Wellbeing, and Family Planning Benefits
  • Paid Vacation - starting at 80 hours annually for employees in their first year of service.
  • Paid Sick Days - Ten (10) per year with a conversion option for unused time.
  • Ten (10) Paid Holidays per year
  • Gym Reimbursement
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Short-Term and Long Term Disability
  • Company Paid Life Insurance
  • Flexible Spending Accounts (FSA)
  • Health Savings Accounts (HSA)
  • Employee Assistance Program
  • Parental Leave

Education and Career Planning Benefits
  • Tuition Assistance
  • Networking Opportunities
  • Leadership Development Opportunities

Perks
  • Paid Parking
  • Service Awards
  • Hybrid work arrangements
  • Business casual environment
  • A strong organizational culture focused on our greatest asset: you!

If your experience aligns closely, please apply. We value diverse backgrounds and adding new perspectives. We encourage you to apply if you can make a strong impact in this role at www.greatamerica.com/careers.
Please note, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa.

Apply