Lead Client Funds Accounting (Payroll)

Company: Paylocity
Location: Schaumburg
Posted on: February 17, 2026

Job Description:

Job Description Job Description Description: Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most complete platform for the modern workforce. The company has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture. While traditional HR and payroll providers automate basic HR processes such as payroll and benefits administration, Paylocity goes further by developing tools that HR and businesses need to compete for talent and deliver against the expectations of the modern workforce. We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business. When you feel like you belong, work is no longer work – it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we’re doing just that. Join us as we change the future and transform your career! There are jobs and then there are careers . Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed. Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen. Join Paylocity and launch your career! Fully Remote (U.S. Only): This is a fully remote position, allowing you to work from home or location of record within the U.S. with no in-office requirements. You must be available five days per week during designated work hours. The work arrangement for this role is subject to change based on business needs and individual performance. This may include adjustments to on-site requirements or schedule expectations, as necessary. Position Overview The Lead Client Funds Accounting is responsible for managing the daily tasks and performance of CFA analysts, and ensuring the team is accurately reconciling all of our client funds accounts for Paylocity. Primary Responsibilities The below represents the primary duties of the position, others may be assigned as needed. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Manage, review and approve day-to-day activities of staff, including daily/weekly reconciliation for payroll/tax/benefit accounts Manage, mentor and provide performance evaluation of select staff members Provide training to team for technical and professional development Establish weekly assignments which fosters overall team and company success and stimulates individual development Makes decisions based on experience and ability to anticipate problem situations and be proactive in reducing liability. Prepares month end reconciliations, researches financial differences, and provides support to Corporate Accounting Collaborate with Product Team and other internal stakeholders in the testing and rollout of new business initiatives Monitors cash across total client base to mitigate risk, ensures activity is properly recorded, and recommends mechanisms to address cash shortfalls/excesses with action plans for resolution Develops policies and procedures that promote strong internal controls, increase efficiency, and enable rapid scaling Work closely with the Banking/Tax Treasury and Finance teams to recommend fixes to MasterTax or Web Pay activities as needed Work closely with the Banking/Tax Treasury team to discuss and find resolution to exceptions and enhance cross-function collaboration and reporting Recommend and instruct staff to make cash collections as indicated by reports Ensure department operating procedures and internal controls are followed Work toward a goal of continued process improvement Review and approve process documentation Support Client Services Inquiries Support Audit teams to ensure timely delivery of documentation requests related to SOX/SOC and other compliance requirements Review and approve Client Credits in accordance with Company policies Education and Experience Bachelor’s degree in Finance or Accounting 5 years’ experience in a payroll service or banking operations 3 years in service bureau account reconciliations Experience managing and mentoring staff, preferred MasterTax Software experience Thorough understanding of payroll service bureaus Problem Solving Ability Ability to work in fast paced environment Strong Team and individual work ethic preferred Strong communication skills and problem-solving ability Proficiency in MS applications including Excel and Access High level of integrity Physical requirements Ability to sit for extended periods: The role requires sitting at a desk or workstation for long periods, typically 7-8 hours a day. Use of computer and phone systems: The employee must be able to operate a computer, use phone systems, and type. This includes using multiple software programs and inquiries simultaneously. Paylocity is an equal-opportunity employer. Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. At Paylocity, we believe diversity makes us better. We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers. We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com. This email address is exclusively designated for such requests, aligning with federal and state disability laws. Please do not send resumes to this email address, as they will be removed. The pay range for this position is $58,300 - $70,000/yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus based on individual performance in addition to a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers. Requirements:

Keywords: Paylocity, Mount Prospect , Lead Client Funds Accounting (Payroll), Accounting, Auditing , Schaumburg, Illinois