Develops and implements treasury processes and procedures, as well as internal controls to ... Facilitate banking services, including deposit and lockbox accounts. Opens and closes bank accounts ...
Develops and implements treasury processes and procedures, as well as internal controls to ... Facilitate banking services, including deposit and lockbox accounts. Opens and closes bank accounts ...
Develops and implements treasury processes and procedures, as well as internal controls to ... Facilitate banking services, including deposit and lockbox accounts. Opens and closes bank accounts ...
Develops and implements treasury processes and procedures, as well as internal controls to ... Facilitate banking services, including deposit and lockbox accounts. Opens and closes bank accounts ...
Accounting Assistant
Rochester, MI · On-site
$18 - $23.50/hr
Additionally, this position is responsible for the accurate and timely processing of the Company ... types (i.e., check, lockbox, ACH, wire and credit card) while maintaining PCI compliance.
Accounting Assistant
Rochester, MI · On-site
$18 - $23.50/hr
Additionally, this position is responsible for the accurate and timely processing of the Company ... types (i.e., check, lockbox, ACH, wire and credit card) while maintaining PCI compliance.
Accounting Assistant
$18 - $23.50/hr
Additionally, this position is responsible for the accurate and timely processing of the Company ... types (i.e., check, lockbox, ACH, wire and credit card) while maintaining PCI compliance.
Accounting Assistant
$18 - $23.50/hr
Additionally, this position is responsible for the accurate and timely processing of the Company ... types (i.e., check, lockbox, ACH, wire and credit card) while maintaining PCI compliance.
Commercial Services Representative I
Farmington Hills, MI · On-site
$15.75 - $19.75/hr
Wire, ACH, Customer Statements, Healthcare, Lockbox, Vault Services, Go-ID, Copy Requests, and ... Suggest improvements and changes to processes and policies to improve productivity or customer ...
Commercial Services Representative I
Farmington Hills, MI · On-site
$15.75 - $19.75/hr
Wire, ACH, Customer Statements, Healthcare, Lockbox, Vault Services, Go-ID, Copy Requests, and ... Suggest improvements and changes to processes and policies to improve productivity or customer ...
Review and batch applications not received from the lockbox. . Verify and cash moneys that are ... Help to constantly improve the training process/procedure. . Maintain constant awareness and ...
Review and batch applications not received from the lockbox. . Verify and cash moneys that are ... Help to constantly improve the training process/procedure. . Maintain constant awareness and ...
Commercial Services Representative I
$15.75 - $19.75/hr
Wire, ACH, Customer Statements, Healthcare, Lockbox, Vault Services, Go-ID, Copy Requests, and ... Suggest improvements and changes to processes and policies to improve productivity or customer ...
Commercial Services Representative I
$15.75 - $19.75/hr
Wire, ACH, Customer Statements, Healthcare, Lockbox, Vault Services, Go-ID, Copy Requests, and ... Suggest improvements and changes to processes and policies to improve productivity or customer ...
Cashier I
Detroit, MI · On-site
$21.48/hr
Review and batch applications not received from the lockbox. . Verify and cash moneys that are ... Help to constantly improve the training process/procedure. . Maintain constant awareness and ...
Cashier I
Detroit, MI · On-site
$21.48/hr
Review and batch applications not received from the lockbox. . Verify and cash moneys that are ... Help to constantly improve the training process/procedure. . Maintain constant awareness and ...
Lockbox Processing information
See Detroit, MI salary details
$9.28 - $10.34
2% of jobs
$10.34 - $11.40
0% of jobs
$11.40 - $12.46
1% of jobs
$12.46 - $13.52
1% of jobs
$13.52 - $14.58
4% of jobs
$14.58 - $15.64
4% of jobs
$16.42 is the 25th percentile. Wages below this are outliers.
$15.64 - $16.70
17% of jobs
The median wage is $17.53 / hr.
$16.70 - $17.76
26% of jobs
$17.76 - $18.82
19% of jobs
$18.84 is the 75th percentile. Wages above this are outliers.
$18.82 - $19.88
13% of jobs
$19.88 - $20.94
13% of jobs
$9
$17
$20
How much do lockbox processing jobs pay per hour?
As of May 29, 2026, the average hourly pay for lockbox processing in Detroit, MI is $17.76, according to ZipRecruiter salary data. Most workers in this role earn between $16.63 and $19.28 per hour, depending on experience, location, and employer.
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 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 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 is the difference between Lockbox Processing vs Accounts Receivable Clerk?
| Aspect | Lockbox Processing | Accounts Receivable Clerk |
|---|---|---|
| Primary Role | Processing incoming payments and deposits | Managing customer accounts and billing |
| Credentials | Basic accounting knowledge, familiarity with banking procedures | Accounting or finance degree often preferred |
| Work Environment | Banking or finance department, often in office settings | Office environment, interacting with finance teams and customers |
| Industry Usage | Financial institutions, corporations with large payment volumes | Businesses 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 job categories do people searching Lockbox Processing jobs in Detroit, MI look for? The top searched job categories for Lockbox Processing jobs in Detroit, MI are:
Full-time
Posted 3 days ago
Henry Ford Health rating
7.1
Based on 540 frontline employees who took The Breakroom Quiz
370th of 864 rated healthcare providers
Job description
TWO DAYS A WEEK REQUIRED TO WORK ONSITE AT OUR TROY OFFICE
About our Team:
Our Treasury group is a small, highly skilled team within Finance. We value continuous learning, operational excellence, and a proactive approach to improving treasury processes. Candidates joining this team will contribute to a focused, collaborative environment committed to accuracy, accountability, and ongoing innovation in cash management and treasury operations.
About the Role:
The Treasury Analyst reports to the Manager of Treasury Operations, assisting with oversight responsibilities for cash and treasury operations, short-term borrowing, payments, cash forecasting, working capital management and optimization and compliance. Evaluates products, services, technologies and systems that are available and appropriate to support a sophisticated treasury operation. Develops and implements treasury processes and procedures, as well as internal controls to safeguard cash and optimize working capital. Must continually keep their knowledge of cash management and treasury related functions current.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Cash Management
Debt Management
Other Treasury Functions
EXPERIENCE/EDUCATION REQUIRED:
About our Team:
Our Treasury group is a small, highly skilled team within Finance. We value continuous learning, operational excellence, and a proactive approach to improving treasury processes. Candidates joining this team will contribute to a focused, collaborative environment committed to accuracy, accountability, and ongoing innovation in cash management and treasury operations.
About the Role:
The Treasury Analyst reports to the Manager of Treasury Operations, assisting with oversight responsibilities for cash and treasury operations, short-term borrowing, payments, cash forecasting, working capital management and optimization and compliance. Evaluates products, services, technologies and systems that are available and appropriate to support a sophisticated treasury operation. Develops and implements treasury processes and procedures, as well as internal controls to safeguard cash and optimize working capital. Must continually keep their knowledge of cash management and treasury related functions current.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Cash Management
- Performs daily reconciliation of in-house banking accounts to custodian statements and bank actuals.
- Initiate and verify fund transfers.
- Complete cash positioning, which involves estimating the cash you need for the day and either purchasing or selling investments.
- Facilitate banking services, including deposit and lockbox accounts. Opens and closes bank accounts, maintains signature card file and assists
- Manager Treasury Operations in implementing new bank products and services.
- Platform administrator for internal and external treasury systems, bank technologies and merchant card services.
- Analyzes bank fees and earnings credit rate. Prepares annual bank fee budget and analyzes actual to budget variances.
- Monitors bank accounts for fraud and report unusual activity to Manager Treasury Operations.
- Maintains wallet share reporting across all banking relationships.
- Evaluate opportunities for and Implements improvements to current cash management processes.
- Supports research and analysis of products and services to optimize cash and working capital.
Debt Management
- Prepare debt payments.
- Assist in monitoring compliance with debt covenants resulting from bond indentures and other credit agreements.
- Support the issuance of new debt obligations and retention of other credit facilities as directed by Manager Treasury Operations.
Other Treasury Functions
- Maintains a culture of quality, continuous improvement and exceptional service.
- Demonstrates the highest professional ethics when dealing with confidential information.
- Ensure compliance with policies and procedures for Treasury Services.
- Assist the Manager Treasury Operations with other treasury related projects as needed.
EXPERIENCE/EDUCATION REQUIRED:
- Bachelor's Degree required; Master's Degree preferred.
- Minimum two (2) years' experience in Accounting, Finance or related field required and more than two (2) years' experience preferred.
- Strong analytical skills, attention to detail, and advanced skills with computer applications including Excel, Word, and Power Point required.
- Must be self-motivating, intuitive, organized and precise.
- Ability to communicate effectively both written and orally, relay ideas to management, and work in small treasury team environment necessary for job.
- A desire to cross train to provide back up to other treasury functions as needed.
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About Henry Ford Health
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Henry Ford Health provides a full continuum of services from Primary and Preventative care, to Complex and Cpecialty care, Health Insurance, a full suite of home health offerings, Virtual care, Pharmacy, Eye care and other Healthcare retail. It is one of the Nation’s leading Academic Medical Centers, recognized for Clinical excellence in Cancer care, Cardiology and Cardiovascular Surgery, Neurology and Neurosurgery, Orthopedics and Sports medicine, and Multi organ transplants. Consistently ranked among the top five NIH funded institutions in Michigan, Henry Ford Health engages in more than 2,000 research projects annually. Equally committed to educating the next generation of Health Professionals, Henry Ford Health trains more than 4,000 Medical students, Residents and fellows every year across 50+ accredited programs. With more than 33,000 valued team members, Henry Ford Health is also among Michigan’s largest and most Diverse employers, including nearly 6,000 physicians and researchers from the Henry Ford Medical Group, Henry Ford Physician Network and Jackson Health Network.
Industry
Health care and social assistance
Company size
10,000+ Employees
Headquarters location
Detroit, MI, US
Year founded
1915