Position Title Government Payments Analyst Location Hicksville, NY 11801 Job Summary This role will support the day-to-day operations of our Government Payments programs, along with key public sector ...
Position Title Government Payments Analyst Location Hicksville, NY 11801 Job Summary This role will support the day-to-day operations of our Government Payments programs, along with key public sector ...
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Payments Analyst information
See salary details
$31K - $40K
11% of jobs
$40K - $49K
9% of jobs
$52.1K is the 25th percentile. Wages below this are outliers.
$49K - $58K
15% of jobs
$58K - $67K
15% of jobs
The median wage is $67.3K / yr.
$67K - $76K
18% of jobs
$82.5K is the 75th percentile. Wages above this are outliers.
$76K - $85K
11% of jobs
$85K - $94K
7% of jobs
$94K - $103K
5% of jobs
$103K - $112K
4% of jobs
$112K - $121K
2% of jobs
$121K - $130K
3% of jobs
$31K
$73.3K
$130K
How much do payments analyst jobs pay per year?
How does a Payments Analyst typically collaborate with other departments within an organization?
What does a Payments Analyst do?
What are the key skills and qualifications needed to thrive as a Payments Analyst, and why are they important?
What is the difference between Payments Analyst vs Accounts Payable Specialist?
| Aspect | Payments Analyst | Accounts Payable Specialist |
|---|---|---|
| Credentials | Typically requires a bachelor’s degree in finance, accounting, or related field | Usually requires a similar degree or relevant experience in accounting |
| Work Environment | Financial institutions, corporations, or payment processing companies | Corporate finance or accounting departments in various industries |
| Employer & Industry Usage | Used in industries handling large payment volumes and financial transactions | Common in organizations managing vendor payments and invoices |
| Search & Comparison Intent | Often compared due to overlapping financial and payment processing skills | Related in finance but focuses more on invoice management |
The Payments Analyst and Accounts Payable Specialist roles share similarities in financial knowledge and work environments. However, Payments Analysts focus on payment processing, reconciliation, and transaction analysis, while Accounts Payable Specialists handle invoice management and vendor payments. Both roles are essential in financial operations but serve different functions within organizations.

Full-time
Medical, Dental, Vision, Life
Posted 8 days ago
Job description
Position Title
Government Payments AnalystLocation
Hicksville, NY 11801Job Summary
This role will support the day-to-day operations of our Government Payments programs, along with key public sector deposit initiatives. This role will be responsible for reconciliation, reporting, issue resolution, and coordination with internal teams, external partners, and government stakeholders.Job Responsibilities:
JOB RESPONSIBILITIES
- Perform daily and monthly reconciliation activities across prepaid and digital disbursement programs using reports from third-party vendors
- Maintain and managedaily posting sheetsfor third-party vendor activity
- Perform comprehensiveprogram reconciliations, including monthly invoice validation and accurate posting to support fee payments
- Develop and document procedures related to third-party vendor reconciliation processes to ensure accuracy and consistency
- Research and respond to customer complaints escalated to the Office of the President
- Leverage internal systems and collaborate with third-party vendors to investigate and resolve issues efficiently
- Provide timely updates and resolution summaries to internal stakeholders
- Preparemonth-end uninsured FDIC reporting
- Support internal governance processes by coordinating cross-functional approvals across Compliance, Legal, and Marketing for program disclosures and requirements.
- Ensure adherence to internal controls, policies, and documentation standards
- Function as a representative of the financial institution with key government stakeholders related to prepaid card and digital pay programs, while proactively addressing inquires and concerns, capturing key takeaways, and driving follow-up actions to keep implementation on track
- Facilitate weekly calls with Digital Pay stakeholders to track portfolio of programs in implementation, proactively address outstanding items and ensure timely resolution
- Assist client / programs with funding to support a successful go-live and ongoing operational needs.
- Support onboarding and ongoing management of federal and state program relationships fostering strong partnerships
- Coordinate with internal and external partners to support program execution and ensure alignment on key deliverables
- Manage monthly client billing with accurate invoices validation and timely submission
- Participate in meetings with prospective clients as appropriate with program partners
- Monitor RFP portals and websites to identify new business opportunities
- Effective coordination across internal teams, third-party vendors, and government partners
- Proactive identification of new opportunities within the public sector
- Collaborate with internal team partners on program management, reporting, compliance efforts and special projects, as assigned.
- Uses independent judgement and discretion to make decisions regarding their duties.
- Analyzes and resolves problems pertaining to government payments
ADDITIONAL ACCOUNTABILITIES
- Performs special projects, and additional duties and responsibilities as required.
- Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
- Education level required: Undergraduate Degree (4 years or equivalent) Bachelor's degree in banking/finance related field or equivalent combination of training and experience.
- Minimum experience required: 3+ Years with financial data and reporting.
Job Competencies:
- Strong analytical and organizational abilities with exceptional attention to detail
- Experience in banking operations, payments, treasury, or public sector banking preferred
- Proven ability to manage multiple priorities and consistently meet deadlines
- Excellent communication skills with the ability to effectively manage and influence stakeholders
- Proficiency with financial systems, reporting tools, and advanced Excel usage
- Knowledge of and the ability to apply the fundamental concepts, practices and procedures used in the assigned line of business.
- Good project coordination and organizational skills.
- Strong verbal, written and interpersonal communication and presentation skills.
- A high degree of professional maturity appropriate for interactions with Bank stakeholders.
- Strong attention to detail, a dedication to quality and process discipline, and enthusiasm for learning.
- Willingness to travel if needed. Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
- Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
- Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
- Physical demands (ADA): No unusual physical exertion is involved.
Flagstar is an Equal Opportunity Employer
We are committed to providing clear andaccuratecompensation informationin accordance withapplicable laws. Actual starting base pay will bedeterminedbased on location, experience, and other non-discriminatory factorspermittedby law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar providesteammatesaccess to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information:Benefits | Flagstar Bank
Pay Range
$68,882.25 - $109,349.00About Flagstar Bank
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
5,001 - 10,000 Employees
Headquarters location
Hicksville, NY, US