Residuals Manager

🕒 April 10

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Logo of Celero Commerce

Celero Commerce

201 - 500 employees

💸 Finance

💳 Fintech

🤝 B2B

Finance • Fintech • B2B

Celero Commerce is a trusted provider of payment processing technology and solutions aimed at supporting small to mid-sized businesses. They offer high-tech, high-touch payment solutions and are committed to helping businesses thrive through strategic partnerships and flexible solutions. Their services include tailored programs for financial institutions, integrated payment solutions for software vendors, and payment solution delivery for merchants. Celero Commerce emphasizes a personalized approach to payment integration, offering tools and APIs for developers to enhance payment processing efficiency. With a dedicated support team, Celero provides insight and guidance to maximize revenue and growth for their users.

📋 Description

• Own the monthly residual cycle end-to-end - validation, calculation, reconciliation, approval, and release • Ensure payouts align with contractual terms and revenue-share models • Deliver accurate, on-time statements with clear supporting detail • Own residual operations within our proprietary merchant services operations platform • Translate complex compensation structures into scalable, auditable processes • Partner with Product and Analytics to improve automation, reporting, and self-service • Build a disciplined operating cadence and reporting structure • Eliminate manual touchpoints through workflow design and automation • Implement validation, reconciliation, and approval controls • Establish SOPs, SLAs, and KPI tracking (accuracy, disputes, resolution time) • Resolve recurring issues at the root cause • Improve payout transparency and statement clarity • Reduce disputes through cleaner economics and proactive communication • Serve as escalation point for complex payout issues • Support the development and success of team members within the residuals function

🎯 Requirements

• 5+ years in residuals, partner payouts, or incentive compensation • Direct ownership of recurring, variable payouts tied to revenue or contracts • Experience improving or scaling payout systems (automation, workflow design, or implementation) • Strong analytical capability (Excel required; BI/SQL a plus) • Experience building controls, reconciliations, and documentation • Team leadership or mentorship experience • Merchant acquiring economics (ISO/agent, referral, direct sales models) preferred • Experience working with Product, Analytics, or Engineering teams preferred • Familiarity with processor reporting and fee-level revenue components preferred

🏖️ Benefits

• health insurance • dental • vision • life insurance • identify theft protection • paid time off • 401k (4% match)

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