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Global Accounts Financial Specialist II

Description

The Global Accounts Specialist II manages all aspects of Accounts Receivable of the largest Global Customers across WESCO’s multiple operating groups, to achieve goals established by Financial Services leadership.  Under general supervision, the Global Account Specialist II is responsible for developing and maintaining professional relationships with vital internal & external contacts, including Branch Management and Global Account Managers.  Depending on assignment, the scope of responsibility may be four to six of WESCO’s top Global Customers, with an average AR portfolio value of $7 to 20 million, spanning 10 to 30 key branches.
•         Collects the Accounts Receivable in accordance with terms of and department objectives.
•         Creates and maintains all necessary standard process documentation for each key account. 
•         Proactively reconciles WESCO’s outstanding A/R balances (200 to 2,000 invoices per account) on a weekly basis to the documentation provided by the customer’s Accounts Payable department.
•         Analyzes customer billing processes to identify the root cause of any billing discrepancies and develops a process improvement / LEAN plan for both internal and external contacts.
•         Participates in periodic reviews with Region Financial Services Manager of assigned A/R portfolio, assigned goals and objectives, and take necessary action to improve performance   
•         Conducts regular review of party aging to ensure all individual accounts are loaded with correct payment terms, billing method and collector assignment.
•         Evaluates collectability of unearned cash discounts, finance charges, small dollar invoices, etc. and performs write-offs of uncollectable amounts within level of authority.
•         Prepares required reports on a timely basis for sales and branch visibility, in order to monitor performance (e.g., payment trends, disputes and invoices to accrue, etc.)
•         Educates Branch employees (Operations, Sales, etc.) and customers on specific account billing requirements per our contractual agreements.  Monitors billing activity on a weekly basis to confirm compliance or obtain action to remediate non-compliance.
•         Approves and controls extension of credit for customers (e.g., branch level accounts for Global customer) within guidelines and Limits of Authority; makes recommendations for credit limits over limits of authority ; reviews orders on credit suspension so as to not delay shipments; makes independent decisions to release orders on credit hold, or escalate higher-risk customers to supervisor.

Requirements

EXPERIENCE:
•         2 years Accounts Receivable, Accounting, Finance, Banking, Supply Chain and Business related experience
•         1 year Operating Systems -Oracle ERP (Advanced Collections), AS400, Ariba, SAP EDUCATION:
•         Bachelors’ Degree required
•         NACM or similar certification preferred  SKILLS/REQUIREMENTS:
•         Strong written, oral communication and interpersonal skills with a positive disposition.
•         Ability to work effectively with all levels of management to accomplish goals and objectives.
•         Reliable with strong organizational skills and solution-oriented philosophy.
•         Strong Excel skills such as Pivot tables, V Lookup, Etc.
•         Willingness to travel as required. (1-3 trips per year)
•         Willingness to accommodate temporary working hour changes as required by workflow.
•         Ability to prioritize tasks and demonstrate a willingness to accept new challenges. Working Environment:
•         General Office – Work is generally performed within an office environment, with standard office equipment. Lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise, dust, etc.   physical requirements:
•         Work is generally sedentary in nature, but may require standing and walking for up to 10% of the time.   mental requirements:
•         Employee required to analyze and interpret complex data.
•         Employee required to problem-solve. 
•         Employee required to communicate with the public.

Job Snapshot

Location US-AR-Little Rock
Employment Type Full-Time
Pay Type Year
Pay Rate N/A
Store Type Accounting, Finance
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Company Overview

WESCO International, Inc

WESCO Distribution is a leader in industrial supply with an extensive offering of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products. We are more than just an electrical distributor; we are a company of procurement specialists, helping customers lower supply chain costs, increase efficiency through WESCO Value Creation and save energy with green and sustainability initiatives. Learn More

Contact Information

US-AR-Little Rock
Snapshot
WESCO International, Inc
Company:
US-AR-Little Rock
Location:
Full-Time
Employment Type:
Year
Pay Type:
N/A
Pay Rate:
Accounting, Finance
Store Type:

Description

The Global Accounts Specialist II manages all aspects of Accounts Receivable of the largest Global Customers across WESCO’s multiple operating groups, to achieve goals established by Financial Services leadership.  Under general supervision, the Global Account Specialist II is responsible for developing and maintaining professional relationships with vital internal & external contacts, including Branch Management and Global Account Managers.  Depending on assignment, the scope of responsibility may be four to six of WESCO’s top Global Customers, with an average AR portfolio value of $7 to 20 million, spanning 10 to 30 key branches.
•         Collects the Accounts Receivable in accordance with terms of and department objectives.
•         Creates and maintains all necessary standard process documentation for each key account. 
•         Proactively reconciles WESCO’s outstanding A/R balances (200 to 2,000 invoices per account) on a weekly basis to the documentation provided by the customer’s Accounts Payable department.
•         Analyzes customer billing processes to identify the root cause of any billing discrepancies and develops a process improvement / LEAN plan for both internal and external contacts.
•         Participates in periodic reviews with Region Financial Services Manager of assigned A/R portfolio, assigned goals and objectives, and take necessary action to improve performance   
•         Conducts regular review of party aging to ensure all individual accounts are loaded with correct payment terms, billing method and collector assignment.
•         Evaluates collectability of unearned cash discounts, finance charges, small dollar invoices, etc. and performs write-offs of uncollectable amounts within level of authority.
•         Prepares required reports on a timely basis for sales and branch visibility, in order to monitor performance (e.g., payment trends, disputes and invoices to accrue, etc.)
•         Educates Branch employees (Operations, Sales, etc.) and customers on specific account billing requirements per our contractual agreements.  Monitors billing activity on a weekly basis to confirm compliance or obtain action to remediate non-compliance.
•         Approves and controls extension of credit for customers (e.g., branch level accounts for Global customer) within guidelines and Limits of Authority; makes recommendations for credit limits over limits of authority ; reviews orders on credit suspension so as to not delay shipments; makes independent decisions to release orders on credit hold, or escalate higher-risk customers to supervisor.

Requirements

EXPERIENCE:
•         2 years Accounts Receivable, Accounting, Finance, Banking, Supply Chain and Business related experience
•         1 year Operating Systems -Oracle ERP (Advanced Collections), AS400, Ariba, SAP EDUCATION:
•         Bachelors’ Degree required
•         NACM or similar certification preferred  SKILLS/REQUIREMENTS:
•         Strong written, oral communication and interpersonal skills with a positive disposition.
•         Ability to work effectively with all levels of management to accomplish goals and objectives.
•         Reliable with strong organizational skills and solution-oriented philosophy.
•         Strong Excel skills such as Pivot tables, V Lookup, Etc.
•         Willingness to travel as required. (1-3 trips per year)
•         Willingness to accommodate temporary working hour changes as required by workflow.
•         Ability to prioritize tasks and demonstrate a willingness to accept new challenges. Working Environment:
•         General Office – Work is generally performed within an office environment, with standard office equipment. Lighting and temperature are adequate and there are no hazardous or unpleasant conditions caused by noise, dust, etc.   physical requirements:
•         Work is generally sedentary in nature, but may require standing and walking for up to 10% of the time.   mental requirements:
•         Employee required to analyze and interpret complex data.
•         Employee required to problem-solve. 
•         Employee required to communicate with the public.
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