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Paymaster Jobs in Virginia (NOW HIRING)

Deloitte

Technical Architect - Banking & Payments

Mclean, VA · On-site

$67 - $80.75/hr

Leading technical architecture and solution design for commercial banking, retail banking, and payments engagements * Translating business requirements into detailed technical blueprints, including ...

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Showing results 41-60

All JobsPaymaster JobsPaymaster Jobs in Virginia

Paymaster information

See Virginia salary details

$10.9K

$188.9K

$347K

How much do paymaster jobs pay per year?

As of Sep 5, 2026, the average yearly pay for paymaster in Virginia is $188,865.00, according to ZipRecruiter salary data. Most workers in this role earn between $30,700.00 and $347,000.00 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 Virginia?

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

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

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

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

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

Paymaster jobs near you
Infographic showing various Paymaster job openings in Virginia as of August 2026, with employment types broken down into 63% Full Time, and 37% Part Time. Highlights an 97% Physical, and 3% Remote job distribution, with an average salary of $188,865 per year, or $90.8 per hour.

VP Payment & Deposit Solutions

BayPort Credit Union

Newport News, VA • On-site

$143 - $238/hr

Other

Posted 9 days ago

BayPort Credit Union rating

7.4

Company rating: 7.4 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

Job description

  • Salary Range : $143,030.39 USD to $238,383.99 USD
Locations

Showing 1 location

BayPort Way Corporate
Newport News, VA 23606, USA

Description

POSITION SUMMARY:

This position is responsible for the strategic oversight, leadership and management of payment systems, deposit operations, IRAs, ACH, faster payments, credit and debit card services. This role ensures operational excellence, regulatory compliance and the implementation of innovative technologies to enhance member experience and drive growth across the credit union’s payment and deposit service offerings.

ESSENTIAL FUNCTIONS AND SUPPORTING DUTIES:

  • Develop and execute strategies for payments, deposit operations, IRAs, ACH, faster payments, and card services to support the credit union’s growth and member-focused mission.
  • Anticipate industry trends, emerging technologies, and regulatory updates to ensure competitiveness in payments and traditional banking services.
  • Collaborate with executive leadership to align departmental goals with the credit union’s strategic objectives.
  • Oversee payment services, specializing in ACH, Zelle, FedNow and RTP systems.
  • Ensure seamless integration of faster payment solutions with digital platforms and core operations.
  • Educate members and internal teams about the benefits and features of real-time payment services.
  • Oversee ACH processing, wire transfers, and other electronic payment systems, ensuring timely and secure transactions.
  • Implement strong operational controls to mitigate fraud and ensure data security.
  • Lead, mentor, and develop teams across payments, deposit operations, IRAs, and card services.
  • Set clear goals, performance metrics, and accountability standards for team members.
  • Foster a collaborative culture of innovation, excellence, and member-focused service.
  • Collaborate with member service teams to resolve escalated issues related to payments, deposits, faster payments, IRAs, and card services.

QUALIFICATIONS AND REQUIREMENTS:

Required Education: Bachelor’s degree from an accredited college or university in Business or a related field of study. Accredited ACH Professional (AAP) certification or similar industry certification is desired.

Required Experience: 8 – 10 years of experience in financial services, including leadership roles in payments, deposit operations, and card services. Expertise in ACH, RTP, FedNow, and regulatory compliance.

Required Knowledge: Strong knowledge of payment systems, faster payments, ACH, wires, IRAs, card services and all applicable rules and regulations. In-depth understanding of product development and member engagement strategies.

Skills and Abilities:

  • Ability to adhere to BayPort Credit Union’s Core Values: Integrity, Be Bold, Compassion, Diversity, Innovation, It’s On Me, and One Team.
  • Proficiency in managing credit and debit card portfolios including analytics growth strategies and member adoption.
  • Proven ability to lead cross-functional teams, implement innovative solutions and drive operational improvements.
  • Excellent verbal and written communication skills for effective interaction with team members, stakeholders, and members; to include strong interpersonal skills to work collaboratively with various departments and teams.
  • Proficient in planning, executing, and managing projects, including special initiatives and process improvements.
  • Excellent presentation skills with ability to train and present to small and large audiences.
  • Ability to excel in a fast-paced, demanding environment.
  • Strong organizational skills to manage multiple projects, tasks and priorities effectively.
  • Commitment to understanding and addressing member needs and enhancing the overall member experience.

This job description is not an all-inclusive list of the responsibilities, skills, working conditions or essential functions of this job. Management reserves the right to modify, add or remove essential functions as business needs warrant.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and reserve the right to perform pre-employment substance abuse testing.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.

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