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Lockbox Processing Jobs in Chicago, IL (NOW HIRING)

PalAmerican Security

Cash Applications Clerk

Alsip, IL

$45K - $60K/yr

Familiarity with lockbox processing, electronic remittance, and bank reconciliation. Physical Requirements * Ability to sit for prolonged periods while working on a computer. * Occasional lifting of ...

BCForward

Lock Box Payment Processor

Westmont, IL · On-site

$17 - $18/hr

Lockbox Payment Processor Location: Westmont, Illinois, United States of America, 60559 Duration: 6 Months Contract Pay Rate: $18 /hr on W2 We are seeking a Lockbox Payment Processor to join our team.

avalign

Accounts Payable/ Receivable Analyst

Schaumburg, IL

$23.50 - $30/hr

Process cash receipts and lockbox payments * Investigate and resolve customer queries * Reconcile customer's accounts * Prepare credit memos as directed * Communicate with customers via phone, email ...

Dovenmuehle

Cash Manager

Lake Zurich, IL

Ensure all applicable cashiering reports, tapes, lockbox submissions, etc. are calendared and/or processed timely. * BPI - Branch Payment Interface, payments made at the branches, transmittals ...

Dovenmuehle Mortgage, Inc.

Cash Manager

Lake Zurich, IL · On-site

$85K - $105K/yr

BPI, Clerical Returns, Service Release: • Ensure all applicable cashiering reports, tapes, lockbox submissions, etc. are calendared and/or processed timely. • BPI - Branch Payment Interface ...

Methodist Hospitals

PAT REP IV CASHIER

Merrillville, IN · On-site

$11.50 - $15.75/hr

Receives and processes third party payor, agency and patient checks and identifies appropriate ... Investigate and resubmit rejections from payment/lockbox file through on-line cash posting or ...

Methodist Hospitals

PAT REP IV CASHIER

Merrillville, IN · On-site

$11.50 - $15.75/hr

Receives and processes third party payor, agency and patient checks and identifies appropriate ... Investigate and resubmit rejections from payment/lockbox file through on-line cash posting or ...

Methodist Hospitals

PAT REP IV CASHIER

Merrillville, IN

$11.50 - $15.75/hr

Receives and processes third party payor, agency and patient checks and identifies appropriate ... Investigate and resubmit rejections from payment/lockbox file through on-line cash posting or ...

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All JobsLockbox Processing JobsLockbox Processing Jobs in Chicago, IL

Lockbox Processing information

See Chicago, IL salary details

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How much do lockbox processing jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for lockbox processing in Chicago, IL is $18.48, according to ZipRecruiter salary data. Most workers in this role earn between $17.36 and $20.05 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 Chicago, IL? For Lockbox Processing jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Lockbox Processing jobs in Chicago, IL look for? The top searched job categories for Lockbox Processing jobs in Chicago, IL are:
Lockbox Processing jobs near you
Infographic showing various Lockbox Processing job openings in Chicago, IL as of June 2026, with employment types broken down into 96% Full Time, and 4% Contract. Highlights an 96% In-person, and 4% Remote job distribution, with an average salary of $38,440 per year, or $18.5 per hour.
Cash Applications Clerk

Cash Applications Clerk

PalAmerican Security

Alsip, IL

$45K - $60K/yr

Full-time

Posted 21 days ago

Job description

Urgent Hiring: Highly Skilled Cash Applications Clerk Needed Immediately

Are you looking for a fun and dynamic workplace where your attention to detail and organizational skills are truly valued? Do you thrive in a motivated environment where accuracy and teamwork are key to success?

Join our enthusiastic Finance & Accounting team as a talented Cash Applications Clerk! This full-time, on-site role offers you the chance to develop your expertise in accounts receivable and cash application processes while working with a loving and supportive team. You'll gain valuable skills in payment processing, reconciliation, and financial reporting, all while contributing to the smooth operation of our organization.

Key Responsibilities

  • Post customer payments received via check, ACH, wire transfer, and credit card accurately to the correct accounts and invoices.
  • Research and resolve unapplied or misapplied payments in collaboration with AR and Collections teams.
  • Process daily bank deposits and reconcile cash receipts to bank activity promptly.
  • Manage a high volume of payment transactions with consistent precision and attention to detail.
  • Prepare and distribute daily cash application reports to finance and collections teams.
  • Support month-end close by ensuring all cash receipts are properly recorded and reconciled.
  • Maintain organized, audit-ready documentation for all cash application activities.
  • Identify recurring issues and suggest process improvements to enhance accuracy and efficiency.

Required Skills and Qualifications

  • Strong data entry skills with high speed and accuracy.
  • Ability to handle repetitive transactions while maintaining focus and precision.
  • Excellent organizational skills and keen attention to detail.
  • Proficiency in accounting software and Microsoft Excel.
  • Effective written and verbal communication skills.
  • Minimum 1 year of experience in cash applications, accounts receivable, or general accounting.
  • High school diploma or equivalent.

Preferred Qualifications

  • Associate's degree or coursework in Accounting, Finance, or Business.
  • Experience with Winteam or similar accounting platforms.
  • Background in multi-entity or high-volume billing environments.
  • Familiarity with lockbox processing, electronic remittance, and bank reconciliation.

Physical Requirements

  • Ability to sit for prolonged periods while working on a computer.
  • Occasional lifting of up to 15 pounds.

Location: IL - Alsip

If you are a motivated and detail-oriented professional eager to grow your career in a supportive and enthusiastic environment, apply now to join our team as a Cash Applications Clerk!

THE PALAMERICAN DIFFERENCE
With our depth of knowledge, our focus on innovation and our never-ending desire for self-improvement, PalAmerican is your best choice when looking for a dedicated security partner committed to exceeding your highest expectations.
SECURITY SERVICES FROM THE INDUSTRY'S TOP EXPERTS
Our mission is to provide our clients with the finest security services and products that enable them to run their operations with minimal effort, backed up with a strong commitment to our people. PalAmerican seeks to create and maintain an environment where every employee is rewarded according to their contribution and well supported by our company training.

Education:no requirementsEmployment Type: FULL_TIME

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