Paychex · 4 hours ago
Collateral Risk Associate - Advance Partners
Paychex is a leading company in simplifying HR, payroll, and benefits for American businesses. The Collateral Risk Associate role involves collecting and evaluating data to monitor collateral and manage client risk profiles, ensuring compliance and identifying potential fraud through analysis of payroll registers against purchased invoices.
AccountingBookkeeping and PayrollFinancial ServicesHuman ResourcesSoftware
Responsibilities
Conduct invoice aging audits to ensure accurate and complete collateral documentation is obtained and maintained
Compares billing to payroll and analyzes trends and markup
Maintain detailed records of audit findings and communicate results to relevant stakeholders
Review client billing processes to verify that proper steps are followed and documented
Collaborate with Collateral Risk Associates to identify discrepancies and recommend corrective actions
Assist in the development and refinement of audit procedures and checklists
Support internal reporting and analysis related to collateral risk and audit outcomes
Partner with senior team members to enhance audit strategies and ensure alignment with broader risk management goals
Contribute to process improvement initiatives aimed at increasing efficiency and accuracy in collateral audits
Qualification
Required
1 year of experience in Banking/Finance/Accounting/Audit type role related to close monitoring of accounts/processes
Preferred
Associate's Degree in Finance/Accounting or related field
Benefits
Medical coverage
Virtual wellness classes
Tuition reimbursement
401(k) + employer match
Adoption assistance
Financial assistance
Paid time off
Company holidays
Culture days
Comprehensive work-life balance programs
Paid time off for volunteerism
Company
Paychex
Paychex is a human capital management company that delivers advisory solutions in human resources, employee benefit solutions, and payroll.
Funding
Current Stage
Public CompanyTotal Funding
$4.2B2025-04-08Post Ipo Debt· $4.2B
1983-08-29IPO
Leadership Team
Recent News
2026-01-20
Rochester Business Journal
2026-01-20
Small Business Trends
2026-01-16
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