Accounts Receivable Deduction Supervisor

Company: Factory Motor Parts ( Learn More )

General Information
US-MN-Eagan
N/A
2 Year Degree
Full-Time
Not Specified
Not Specified
False
False
Job Description

Factory Motor Parts (FMP) is a one of the largest distributors of OEM and aftermarket auto parts in the United States with an expanding international presence. Privately-held for over 70 years, FMP is aggressively growing though its warehouse locations in 19 states in the Midwest and Western United States. FMP also produces and distributes its own line of parts under the FVP brand as well as washer fluid and related products under the Splash brand of products.

FMP is searching for an Accounts Receivable Deduction Supervisor with the vision and mindset to lead our dynamic AR team. The AR Deduction Supervisor will have oversight responsibility for the day-to-day operations of the AR Deduction Specialists handling a portfolio of key accounts made up of large retailer and/or distributor accounts.

The ideal candidate will have supervisory experience working within an AR team handling high volumes of deductions, negotiations, and reporting for large scale accounts.

DUTIES & REPSONSBILITIES:
  • Staffing – training, monitoring, evaluating and hiring as needed
  • Supervising day to day team activities, providing assistance where needed
  • Developing strong relationships with field, operations and finance personnel as necessary; collaborate on proper escalation of accounts receivable / deduction issues.
  • Maintaining debt/loss ratio goals to improve cash flow.
  • Reporting /Analytics for team and team member results, month end reporting, reducing outstanding A/R delinquent balances, collection and/or write off activity, and deductions outstanding on customer accounts and status of resolution.
  • Job Requirements
    • Working knowledge and experience with Collection work flow software, primarily Cforia
    • Proficient in Excel with working knowledge of pivot tables and reporting capabilities.
    • Ability to organize work efficiently and effectively handle multiple tasks with fluid priorities.
    • Strong problem-solving, analytical, and creative thinking skills
    • Demonstrated ability to develop effective and professional working relationships with customers and co-workers.
    • Working knowledge of accounting and reconciliation procedures.
    • Ability to motivate teams to produce quality results within tight timeframes and simultaneously manage several projects
    MINIMUM REQUIREMENTS:
    • Bachelor’s or Associates Degree in Business, Finance or Accounting preferred
    • Five years of experience working in Accounts Receivable/Collections/Deduction Management (minimum 2 years must be in a supervisory capacity) OR
    • An equivalent combination of education and experience.
    PREFERRED EXPERIENCE BEYOND MINIMUM QUALIFICATIONS:
    • NACM CBA or CBF certification

    An industry leader, FMP offers well-balanced compensation and benefits programs, including medical, dental, life, 401K with match, profit sharing, paid holidays/vacation/sick time + much more.

    Salary is based on experience and job performance.

    If you are ready for a new destination, we would like to hear from you. Please visit our website to apply online atwww.factorymotorparts.com

    Drug screen and background check administered as a condition of employment.

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    • Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
    • Please view Equal Employment Opportunity Posters provided by OFCCP here.
    • The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)