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Paymaster Jobs in Illinois (NOW HIRING)

McMaster-Carr

Payment Solutions

Chicago, IL

$103K - $118K/yr

Solving customer and supplier payment discrepancies. You will trace issues through the full transaction, from purchase to payment, since the root cause is often upstream of the payment itself.

BCForward

Lockbox payment processor

Westmont, IL · On-site

$17 - $18/hr

Lockbox Payment Processor Location: - Westmont, Illinois, United States of America, 60559 Duration: 4 Months Contract Pay Rate: $18 /hr on W2 Weekend Shift Hours - Saturday - Sunday 6:30 am - 5:00 pm ...

Hillsboro Health

Payment Posting Specialist

Hillsboro, IL · On-site

$18.90 - $23.63/hr

The Payment Posting Specialist is responsible for accurately posting patient and insurance payments to patient accounts and performing timely account reconciliations. This role plays a critical part ...

New

Adecco

Lockbox Payment Processor

Westmont, IL

$16.80/hr

Do you have excellent payment processing experience and want to join a top financial institution? If so, look no further and apply below! Adecco is currently assisting one of its clients in their ...

McMaster-Carr

Payment Solutions

Chicago, IL · On-site

$103K - $118K/yr

Solving customer and supplier payment discrepancies. You will trace issues through the full transaction, from purchase to payment, since the root cause is often upstream of the payment itself.

AArete

Consultant, Payment Intelligence

Chicago, IL · On-site

$49.50 - $67.75/hr

Description Consultant, Payment Intelligence AArete is one-of-a-kind when it comes to consulting firm culture. We're a global, innovative management and technology consulting firm with offices in the ...

Accenture

Payments Banking Consultant

Chicago, IL

Payment Innovation (e.g., digital payments, wallets, etc.) * Card Issuing * Retail Bank Payments * Commercial Cash Management, B2B, Corporate, and Transaction Banking and Payments As a Payments ...

Camping World

Payment Systems Engineer

Chicago, IL

$111K - $170K/yr

Payment Systems Engineer Location: Lincolnshire, IL (Hybrid) 3 Days On-site Employment Type: Full-Time Experience: 5-10 Years About the Role We're building a modern, scalable enterprise payments ...

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Showing results 1-20

All JobsPaymaster JobsPaymaster Jobs in Illinois

Paymaster information

See Illinois salary details

$10.7K

$184.6K

$339.2K

How much do paymaster jobs pay per year?

As of Sep 7, 2026, the average yearly pay for paymaster in Illinois is $184,599.00, according to ZipRecruiter salary data. Most workers in this role earn between $30,000.00 and $339,200.00 per year, depending on experience, location, and employer.

What is a paymaster?

A paymaster handles funds on behalf of a group of investors or government agency. They control when and how a person or entity receives money, usually through an escrow account. The job duties of a paymaster include keeping track of payments received and owed as well as organizing tax forms and transaction paperwork completed by lawyers. This position is typically held by a licensed attorney or accountant.

What does a paymaster do?

A paymaster is a professional responsible for distributing payments, typically salaries or wages, to employees or contractors within an organization. They ensure that payments are accurate, timely, and compliant with relevant laws and company policies. Paymasters may also handle tax withholdings, maintain payroll records, and address payment discrepancies. Their role is crucial in maintaining employee satisfaction and ensuring smooth financial operations.

What are the key skills and qualifications needed to thrive as a paymaster?

To thrive as a Paymaster, you need strong numerical aptitude, attention to detail, and a deep understanding of payroll regulations, often supported by a degree in accounting or finance. Familiarity with payroll software (such as ADP or Paychex), timekeeping systems, and spreadsheet tools is typically required. Excellent organizational skills, discretion, and effective communication help build trust and ensure accuracy in sensitive payroll processes. These abilities are crucial to guarantee timely, compliant, and confidential payroll management for employees and organizations.

What are the typical challenges a paymaster faces when managing payroll for a large organization?

A Paymaster in a large organization often manages complex payroll processes, including handling high volumes of employee data, navigating diverse pay structures, and ensuring compliance with tax and labor regulations. They may face challenges such as keeping up with frequent changes in tax laws, resolving discrepancies in employee pay, and coordinating with multiple departments to gather accurate timesheet and benefits information. Effective communication, attention to detail, and proficiency with payroll software are essential skills for overcoming these challenges and maintaining smooth payroll operations.

What is the difference between Paymaster vs Payroll Clerk?

AspectPaymasterPayroll Clerk
CredentialsMay require payroll or accounting certificationsTypically requires basic accounting or payroll training
Work EnvironmentHandles large-scale payroll processing, often in construction or industrial sectorsPerforms administrative payroll tasks in office settings
Employer & IndustryConstruction companies, government agencies, large organizationsSmall to medium businesses, HR departments
Job FocusProcessing payments, compliance, and payroll managementData entry, record keeping, and verifying employee hours

While both roles involve payroll functions, a Paymaster typically manages large-scale payroll processing and compliance, often in industrial or construction sectors, requiring specialized certifications. A Payroll Clerk handles administrative payroll tasks, focusing on data entry and record keeping within office environments. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

More about Paymaster jobs

What are popular job titles related to Paymaster jobs in Illinois?

For Paymaster jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Paymaster jobs in Illinois look for?

The top searched job categories for Paymaster jobs in Illinois are:

What are popular job titles related to Paymaster jobs in IL?

For Paymaster jobs in IL, the most frequently searched job titles are:

Paymaster jobs near you
Infographic showing various Paymaster job openings in Illinois as of August 2026, with employment types broken down into 33% Full Time, 33% Part Time, and 34% Contract. Highlights an 100% In-person job distribution, with an average salary of $184,599 per year, or $88.7 per hour.

Payment Solutions

McMaster-Carr

Chicago, IL

$103K - $118K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 24 days ago

Key responsibilities

  • Trace and resolve customer and supplier payment discrepancies from purchase to payment.

  • Identify whether payment issues are one-off errors or systemic problems and take appropriate actions to prevent recurrence.

  • Own the resolution process end to end by identifying issues, deciding on actions, and executing or involving others as needed.

McMaster-Carr rating

9.2

Company rating: 9.2 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

19th of 429 rated retail wholesalers

Job description

Who We Are

McMaster-Carr is a trusted e-commerce company that keeps industry moving. For 125 years, customers have counted on us to deliver the right parts quickly and accurately so they can fix problems, avoid downtime, and keep critical operations running. Our ability to do that comes from world-class execution - robust systems, disciplined processes, and people who take pride in getting the details right.

Our success is built on our people. At McMasterCarr, teams work side by side to solve real problems, adapt as technology evolves, and continually improve how we operate. The work is fast-paced, essential, and meaningful. We invest in our people, value collaboration, and create careers where effort, curiosity, and accountability drive meaningful results for customers every day.

What You'll Do

You will learn about many parts of McMaster-Carr's operations and adapt quickly to new tasks and environments. We look for people who want to build a career, not just fill a job. Over time, success in one area could lead to opportunities in another.

Make an impact and grow your professional skillset through experiences like:

  • Solving customer and supplier payment discrepancies. You will trace issues through the full transaction, from purchase to payment, since the root cause is often upstream of the payment itself.
  • Distinguishing one-off errors from systemic payment issues. This includes recognizing patterns across cases and deciding what action prevents them from recurring.
  • Owning resolutions end to end. You will identify the issue, decide what action to take, and carry it through, whether that means correcting the payment yourself or looping in others.
  • Communicating your reasoning clearly. Your work will guide customers, suppliers, and teammates toward a resolution they can understand and act on.

Who You Are

We are looking for broadly skilled, resourceful, and talented people to join our team. Whether you're an archaeologist, engineer, business student, or thespian, people from a range of backgrounds are successful at McMaster-Carr. We're interested in your ability to think and find solutions for our customers.

Strong candidates will produce high-quality work efficiently, while thinking creatively and critically to meet new challenges. You will be challenged, and your success will be rewarded.

A bachelor's degree is required for this role.

Cash Compensation

Total cash compensation typically ranges from $103,000 - $118,000, which includes annual cash profit sharing based on company profitability.

Benefits

We are committed to comprehensive benefits to support employees and their dependents, such as:

  • 100% tuition reimbursement
  • Medical, dental, pharmacy, and vision plans with no monthly premiums
  • Industry leading company-funded retirement accounts
  • Employee resource groups
  • Inclusive, all-gender benefits
  • First-time home buyer assistance
  • Paid parental leave for all new parents
  • Adoption and surrogacy assistance
  • Paid time off for vacation and personal time

What McMaster-Carr employees say

Pay

Benefits

Hours and flexibility

Workplace

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