AR Analyst

LKQ Corporation•Nashville, TN

5d•Onsite

About The Position

Join the LKQ Family! We're looking for motivated individuals to join our team at LKQ Corporation. With opportunities for growth, competitive benefits, and a supportive work environment, LKQ is the place to be. Apply now and take the first step toward a rewarding career! Collector- NSF Checks Essential Job Duties Prepare, record, verify, analyze, and report accounts receivable transactions, and post customer payments on a timely basis. Maintain and reconcile accounts receivable ledger accounts, financial statements, and reports. Develop, direct, plan, and evaluate accounts receivable policies and procedures, and ensure external and internal controls and policies are adhered to. Produce reports of accounts that are in arrears and analyses of bad debt and prepare analyses and reconciliation of bill runs to detect fraud. May be responsible for low-volume customer billing, including preparation, delivery, and responding to resulting queries. Prepare and organize documentation, to record check, credit card, and PayPal payments efficiently and effectively from customers in a timely manner. Maintain a key list of internal and external contacts for each account. Communicate with internal and external contacts to reconcile and resolve disputed remittance items and make necessary customer account adjustments. Escalate unresolved customer account issues, tracking to final resolution. Document communications and follow up to ensure all necessary actions are completed to facilitate payments and ensure balances show accurately on customer accounts. Create and review periodic and/or ad hoc reporting to address aging balances and unresolved disputes. Initiate and support the continual improvement of standard company processes and procedures through the increased use of technology and effective process improvement analysis. Assist with month-end duties as needed. Assume other duties as assigned.

Requirements

High School Diploma/GED.
1+ years of similar experience.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to compute rates, ratios, and percentages and to draw and interpret graphs.
Frequent use of Outlook, Word, Excel, graphics, etc.
Ability to create, maintain, and incorporate functions into Word documents, Excel spreadsheets, databases, and PowerPoint presentations to support business objectives.
Regularly uses moderately complex oral and written skills.
May train others in functional areas, interact with others, and make presentations to departments or middle management.
Problems encountered are routine, somewhat repetitive, and generally solved by following clear directions and procedures.
Decisions generally affect own job or assigned functional area.
Results are defined; sets personal own goals and determines how to achieve results with few or no guidelines to follow; supervisor/manager provides broad guidance and overall direction.
Handle multiple tasks or projects simultaneously with moderate complexity.

Nice To Haves

Associate's Degree.
1+ years of experience in accounts receivable and/or business-to-business collections.

Responsibilities

Prepare, record, verify, analyze, and report accounts receivable transactions, and post customer payments on a timely basis.
Maintain and reconcile accounts receivable ledger accounts, financial statements, and reports.
Develop, direct, plan, and evaluate accounts receivable policies and procedures, and ensure external and internal controls and policies are adhered to.
Produce reports of accounts that are in arrears and analyses of bad debt and prepare analyses and reconciliation of bill runs to detect fraud.
May be responsible for low-volume customer billing, including preparation, delivery, and responding to resulting queries.
Prepare and organize documentation, to record check, credit card, and PayPal payments efficiently and effectively from customers in a timely manner.
Maintain a key list of internal and external contacts for each account.
Communicate with internal and external contacts to reconcile and resolve disputed remittance items and make necessary customer account adjustments.
Escalate unresolved customer account issues, tracking to final resolution.
Document communications and follow up to ensure all necessary actions are completed to facilitate payments and ensure balances show accurately on customer accounts.
Create and review periodic and/or ad hoc reporting to address aging balances and unresolved disputes.
Initiate and support the continual improvement of standard company processes and procedures through the increased use of technology and effective process improvement analysis.
Assist with month-end duties as needed.
Assume other duties as assigned.