Factoring Operations Specialist
Nesco Resource ·nescoresource.com
Apply directPosition Summary
The Factoring Operations Specialist is responsible for executing accurate and timely back-office processing across payroll, invoicing, funding, cash application, and reconciliations. This role supports the delivery of high-quality client service by ensuring financial data integrity, meeting banking deadlines, and partnering closely with Relationship Managers to resolve exceptions and maintain a stable factoring portfolio.
Key Responsibilities
Funding & Reconciliation
- Prepare and reconcile weekly funding reports, including:
- Invoices purchased
- Accounts receivable activity
- Reserve analyses
- Ensure all reconciliations are accurate, auditable, and completed within required timelines
Data Preparation & Imports
- Build and validate Excel/CSV files for system imports
- Perform accurate data entry for invoices purchased, ensuring consistency across systems
Cash Movement & Reporting
- Execute wire transfers and ACH transactions in alignment with banking deadlines
- Generate A/R aging and subsidiary reports
- Balance payroll and invoicing activity to accounting statements
Exception Processing
- Partner with Relationship Managers to research and resolve exception items
- Identify discrepancies, collaborate cross-functionally to resolve issues, and document outcomes
Quality, Compliance & Timeliness
- Meet all daily, weekly, and banking-related processing deadlines
- Maintain complete, audit-ready records in compliance with internal policies and procedures
- Identify opportunities for process improvements and workflow efficiencies
Required Qualifications
- Associate's degree in Accounting or equivalent work experience
- Strong Excel skills with experience working across multiple datasets and systems
- Understanding of:
- Payroll taxes
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Cash posting
- Highly detail-oriented with strong organizational and time management skills
- Ability to manage deadlines in a fast-paced environment
- Strong collaboration and customer service mindset
Preferred Qualifications
- Experience in factoring, payroll processing, or financial operations
- Familiarity with reconciliation processes and exception management workflows
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Frequently asked questions
Who is hiring for the Factoring Operations Specialist role?
Nesco Resource is hiring for the Factoring Operations Specialist position, a Shazamme client. Apply directly on the employer's career site.
Where is the Factoring Operations Specialist job located?
The Factoring Operations Specialist role with Nesco Resource is based in Highland Hills, OH, US. The role is onsite-friendly.
Is the Factoring Operations Specialist role remote?
Yes — the Factoring Operations Specialist position at Nesco Resource is onsite. Candidates based in US are preferred.
What does the Factoring Operations Specialist role pay?
Nesco Resource lists the Factoring Operations Specialist role at USD 20–22 per hour.
Is the Factoring Operations Specialist role full-time or contract?
This is a full time position at Nesco Resource.
What experience level is the Factoring Operations Specialist role?
The Factoring Operations Specialist position is aimed at mid-level candidates.
How do I apply for the Factoring Operations Specialist role at Nesco Resource?
Apply directly on Nesco Resource's career page via the Apply button on this listing. ZammeJobs links straight through to the employer's ATS — no third-party form, no resume database.