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Paymaster Jobs (NOW HIRING)

Payment Poster

Lafayette, LA · On-site

$14 - $17.50/hr

Responsible for all facets of payment posting including applying remittances to patient accounts by posting to accounts receivable (A/R). Employee must have solid understanding of debit/credits ...

Payment Poster

Lafayette, LA

$14 - $17.50/hr

Responsible for all facets of payment posting including applying remittances to patient accounts by posting to accounts receivable (A/R). Employee must have solid understanding of debit/credits ...

Payment Processor

Alpharetta, GA · On-site

$15.50 - $19.75/hr

Who We Are Catalis is a leading government Software as a Service (SaaS) and integrated payments provider, powering a wide range of government operations at the municipal, county, state, and federal ...

Payment Processing Specialist

Tampa, FL · On-site

$24 - $27.50/hr

Payment Processing Specialist ?? 100% In-Office | Tampa, FL | Financial Services & Payments Support the Payment Operations That Power Enterprise Banking SVS Group is partnering with a well ...

Payment Specialist ICON is a global healthcare intelligence and clinical research organisation united by a mission to bring new medicines and treatments to patients faster. As a values-driven ...

The Payment Services Specialist will handle customer inquiries and provide problem resolution via telephone, email, SMS, and chat, adhering to our service standards. This role involves managing ...

Payment Specialist ICON is a global healthcare intelligence and clinical research organisation united by a mission to bring new medicines and treatments to patients faster. As a values-driven ...

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Paymaster information

See salary details

$11K

$190.5K

$350K

How much do paymaster jobs pay per year?

As of Jun 19, 2026, the average yearly pay for paymaster in the United States is $190,500.00, according to ZipRecruiter salary data. Most workers in this role earn between $31,000.00 and $350,000.00 per year, depending on experience, location, and employer.

What is the role of a paymaster?

A paymaster is responsible for managing and disbursing payments to employees, contractors, or vendors, ensuring accurate and timely compensation. The role often involves handling payroll processing, verifying payment details, and maintaining financial records, typically requiring knowledge of accounting software and payroll regulations.

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

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 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 jobs pay $700 a day?

A paymaster role typically does not pay $700 a day; however, high-paying jobs such as specialized consultants, project managers, or certain freelance professionals can earn this amount or more daily. These roles often require specific skills, certifications, or experience and may involve contract or freelance work in industries like construction, finance, or consulting.

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.

What are paymasters and what do they 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.

How do I become a paymaster?

To become a paymaster, you typically need a high school diploma or equivalent, along with experience in payroll, accounting, or finance. Relevant skills include attention to detail, knowledge of payroll software, and understanding of financial regulations; some positions may require certification or security clearance. Gaining experience through entry-level finance roles can help prepare for a paymaster position.

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.

How can I make 2000 a week working from home?

A paymaster can potentially earn $2,000 a week by handling payroll processing for multiple clients, which requires strong organizational skills, attention to detail, and knowledge of payroll laws. This income level often involves working with multiple companies or clients, possibly as an independent contractor or freelancer, and may require certifications or experience in payroll management. Building a client base and utilizing payroll software can help increase earning potential while working remotely.
What cities are hiring for Paymaster jobs? Cities with the most Paymaster job openings:
What states have the most Paymaster jobs? States with the most job openings for Paymaster jobs include:
Infographic showing various Paymaster job openings in the United States as of June 2026, with employment types broken down into 4% Locum Tenens, 77% Full Time, and 19% Part Time. Highlights an 100% Physical job distribution, with an average salary of $190,500 per year, or $91.6 per hour.
Payments Specialist

Payments Specialist

Lake Trust Credit Union

Brighton, MI • On-site

Other

Medical, Retirement

Posted 16 days ago


Lake Trust Credit Union rating

8.7

Company rating: 8.7 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

More Than A Job!

Why do you work each day? To us, our jobs are not just something we do to make a living, it's a way to live. We work to support our members; whether celebrating moments of joy, finding a solution to an obstacle, or offering encouragement through a time of struggle. The worth of our work isn't measured in dollars and cents, it's seen in our communities and felt by the people who believe in us.

Benefits Include:

  • Financial wellbeing services
  • 401(K) matching with up to 5% match
  • Reduced health insurance
  • Employee wellbeing services
  • DE&I initiatives
  • Work-life balance

Job Summary 

The role of Payments Specialist II delivers performance excellence while undertaking a wide range of operational support and service functions within the payments department at Lake Trust Credit Union. A Payments Specialist II is able to adapt to changes in this ever-evolving payments industry, while completing daily tasks and maintaining a professional and efficient work ethic. This includes working towards the enhancement of all products and services, reviewing and improving processes, supporting product implementation and roll out, navigating technology updates, and determining operational procedures for members, departments, and vendors.

What You'll Do

  • Responsible for handling Automated Clearing House (ACH) origination and receipt process, facilitating the transmission of files from members and ACH system processors.
  • Ensure all assigned responsibilities are completed in accordance with established cutoff times as outlined by the Federal Reserve Bank and Lake Trust defined Service Level Agreements (SLAs).
  • Serve as a liaison between Onstage representatives and members by providing helpful information, explaining processes, and answering questions regarding ACH Operations.
  • Ensure required federal compliance reports are verified and processed to safeguard credit union assets.
  • Develop, review, and maintain process and procedure documentation for all ACH Operations necessary for learning and training deployment. Follow and train vendor's operating procedures as applicable.
  • Balance and reconcile ACH general ledgers, understanding and researching discrepancies, and developing measures for outage prevention.
  • Identify opportunities to provide guidance, seek feedback, and assist with mentoring and training peers.

What You'll Bring

Level I

Knowledge typically acquired through the completion of a Bachelors' Degree or an equivalent combination of education and experience.

  • 1-2 years of previous financial institution experience, support or operational experience required.
  • 2+ years of customer service experience preferred.
  • AAP ACH Accreditation or NCP recommended. (Individuals wishing to obtain their AAP Accreditation or NCP will be supported to do so by Lake Trust Credit Union.)

Level II

  • Knowledge typically acquired through the completion of a Bachelors' Degree or an equivalent combination of education and experience.
  • 2-3 years of previous financial institution experience, support or operational experience required.
  • 2+ years of customer service experience preferred.
  • AAP ACH Accreditation or NCP encouraged. (Individuals wishing to obtain their AAP Accreditation will be supported to do so by Lake Trust Credit Union.)

What You'll Get 

  • Ability to collaborate and build a sense of togetherness that contributes to a positive work environment.
  • Being open to change and embracing new opportunities can lead to diverse experiences and career advancement.
  • By prioritizing member wellbeing, which leads to increased engagement, improved team dynamics, higher levels of motivation and a stronger community culture.