1

Remittance Processing Associate Jobs in Iowa (NOW HIRING)

Accounting Associate

Johnston, IA · On-site

$20 - $22/hr

... Process accounting transactions and financial records with high accuracy • Prepare and post ... checks and virtual remittance transactions for banks • Work with internal business units ...

Accounts Payable Coordinator (m/f/d)

West Branch, IA · On-site

$20 - $26.25/hr

Provide remittance information for payments. * Monitor accounts to ensure payments are up to date ... Associates degree preferred * 1-3 years accounts payable and general accounting experience.

Remittance Processing Associate information

What is remittance salary?

The salary for a Remittance Processing Associate varies depending on the employer, location, and experience, but typically ranges from $30,000 to $50,000 annually. This role often involves skills in financial processing, attention to detail, and familiarity with remittance systems or software. Compensation may also include benefits such as health insurance and paid time off.

What is a remittance processing associate?

A remittance processing associate is responsible for handling and verifying incoming payments, such as checks and electronic transfers, ensuring accurate posting to customer accounts. They often use specialized software and work in financial or banking environments to process large volumes of transactions efficiently and accurately.

What does remittance processing mean?

Remittance processing is the task of handling and reconciling payments sent by customers, such as checks or electronic transfers, often involving data entry, verification, and deposit preparation. For a Remittance Processing Associate, this includes reviewing payment documents, ensuring accuracy, and using specialized software to record transactions efficiently.

What are some common challenges faced by Remittance Processing Associates, and how can they be effectively managed?

Remittance Processing Associates often handle high volumes of payments and sensitive financial information, which can lead to challenges such as meeting strict deadlines, maintaining accuracy under pressure, and quickly resolving discrepancies. To manage these challenges effectively, associates should develop strong attention to detail, utilize organizational tools, and communicate proactively with team members and supervisors. Most organizations also provide ongoing training and support, helping associates stay updated on the latest regulations and process improvements.

What is the difference between Remittance Processing Associate vs Payment Processing Clerk?

AspectRemittance Processing AssociatePayment Processing Clerk
Required CredentialsHigh school diploma, basic financial knowledgeHigh school diploma, familiarity with financial transactions
Work EnvironmentBank or financial institution, office settingBank, accounting department, or financial services
Employer & Industry UsageFinancial institutions, payment companiesBanking, accounting firms, financial services
Common Search & ComparisonOften compared for processing and reconciliation tasksRelated to handling payments and transactions

The Remittance Processing Associate and Payment Processing Clerk roles both involve handling financial transactions within banking or financial institutions. While they share similar credentials and work environments, the associate typically focuses on processing remittance payments, verifying data, and reconciling accounts, whereas the clerk may handle broader payment processing tasks. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What does a remittance specialist do?

A remittance specialist processes and verifies incoming and outgoing payments, ensuring accuracy and compliance with financial regulations. They handle transaction documentation, resolve payment discrepancies, and often use financial software to manage remittance data efficiently.

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

To thrive as a Remittance Processing Associate, you need strong attention to detail, numerical accuracy, and a high school diploma or equivalent. Familiarity with remittance processing software, data entry systems, and basic office equipment is typically required. Excellent organizational skills, reliability, and the ability to work well under deadlines are valuable soft skills for this role. These abilities ensure error-free processing of payments, compliance with financial regulations, and efficient workflow in high-volume environments.
What are popular job titles related to Remittance Processing Associate jobs in Iowa? For Remittance Processing Associate jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Remittance Processing Associate jobs in Iowa look for? The top searched job categories for Remittance Processing Associate jobs in Iowa are:
Accounting Associate

Full-time

Posted 29 days ago


Job description

Job Title: Accounting Associate
Client: Heavy Machine Manufacturing Company
Location: Johnston, IA 50131
Duration: 12 Months (Possibility of Extension/Conversion)
Shift: 1st Shift (8:00 AM - 5:00 PM)

Key Responsibilities
• Process accounting transactions and financial records with high accuracy
• Prepare and post advance lease payments
• Process rejected payments and resolve payment issues
• Prepare in-house checks and virtual remittance transactions for banks
• Work with internal business units regarding incoming checks and payment handling
• Perform account reconciliations, verifications, and financial calculations
• Extract, organize, and maintain accounting and payment-related data
• Generate reports, spreadsheets, charts, and supporting documentation
• Maintain accounting files, records, and correspondence
• Support financial monitoring and data management activities
• Follow company accounting policies, procedures, and compliance requirements
• Assist with special accounting projects and administrative tasks
Required Skills
• Accounting or Finance experience
• Accounts Receivable (AR) or Payment Processing
• Bank Deposit Processing
• Check Handling and Reconciliation
• Microsoft Excel and Microsoft Office Suite
• Data Entry and Data Management
• Financial Reporting
• Attention to Detail and Accuracy
• Organizational Skills
• Multi-tasking Ability
• Written and Verbal Communication Skills
• Reliability and Self-Motivation
Preferred Skills
• Experience working with live checks
• Banking or Teller experience
• Payment Operations experience
• Cash Management experience
• Lease Payment Processing
• Reconciliation experience
• Financial Services background
• ERP or Accounting System experience
Ideal Job Titles
• Accounting Associate
• Accounting Clerk
• Accounting Assistant
• Accounts Receivable Specialist
• Accounts Payable Specialist
• Payment Processing Specialist
• Cash Applications Specialist
• Banking Operations Specialist
• Bank Teller
• Financial Operations Associate
• Treasury Associate
• Revenue Accounting Assistant
Strong Target Industries
• Banking
• Credit Unions
• Financial Services
• Accounting Firms
• Manufacturing Finance Departments
• Shared Services Centers
• Insurance Operations
• Payment Processing Organizations
Education
• Associate's or Bachelor's Degree in Accounting, Finance, Business Administration, Economics, or related field preferred
• Equivalent accounting or banking experience may be considered
#ZR