AR Collections Coordinator/Finance Assistant Job at Edrington
Requisition Id: 1555
Location: New York, NY, US, 10010
About Edrington
Edrington’s vision is to
give more by building the world’s leading portfolio of exceptional super premium spirits and we will do that by becoming the world’s leading super premium brand builder. The Macallan is our central focus, supported by Highland Park and The Glenrothes in the fast-growing Single Malt category and Naked in the Blended Malt category. We have strategic partnerships with Wyoming Whiskey in the dynamic American Whiskey categories. Our portfolio is completed with The Famous Grouse Blended Scotch Whisky, Brugal premium rum from the Dominican Republic, Noble Oak Bourbon and No. 3 Gin.
We employ over 3,500 people in our wholly owned and joint venture companies, with over 70% employed overseas. The success of our strategy is based on the skills and dedication of every person in our business, from distillation and coopering to our brand and commercial management teams. We bring in exceptionally talented people and give them the tools and support required to be the best they can be every day. We provide a comprehensive training and development programme for all employees, regardless of their role.
Giving more is woven into the history and fabric of our business in a way that is unique to the industry, and we are proud to support every employee in becoming involved with the charitable causes they feel passionate about, helping them volunteer, raise funds and make a positive contribution to their communities.
Position Summary
The A/R Collections Coordinator/Finance Assistant will be responsible for the timeliness of collecting money and ensuring that our system accurately portrays our receivables position. As well as recording and providing analysis on selling costs/rebates. This individual will regularly report on the status of issues through regular updates to the management team.
Job Description
- Perform daily accounts receivable activities, including posting of AR lockbox activity for USA
- Perform monthly accounts receivable reviews which include analyzing past due balances, DSO, and collection effectiveness.
- Work with customer service and commercial teams to resolve payment delays, pricing differences and overdue balances.
- Prepare Americas regional accounts receivable KPI reports with commentary and plan for resolution of any variances from expectation.
- Prepare and monitor accounts receivable balances to ensure timeliness of customer collections
- Recommend, implement, and maintain process improvements that drive the effectiveness and efficiency of various finance/treasury functions.
- Process Selling Cost Rebate invoices from distributors.
- Input rebates, depletion allowances, broker commissions by sku into SAP
- Analyze actual rebates taken against rebate agreements.
- Communicate with distributor contacts for balance statements.
- Assist Finance Manager and Treasury teams with any new processes, tools, or initiatives.
- Strongly enforce Corporate Finance internal controls and processes
- Produce ad-hoc Excel-based analysis where necessary.
Skills and Experience
- Bachelor’s degree in Finance or related field, required
- 2+ years of professional experience in accounting or treasury function focusing on key elements of working capital (Accounts Receivable, Cash, Accounts Payable)
- Must be able to demonstrate a high degree of organization and attention to detail
- Professional presence with strong verbal, interpersonal and communication skills. This individual must be confident dealing with internal stakeholders of all levels across the business
- Advanced knowledge of US banking systems and general understanding of tax regulations
- Strong analytical skills required
- Proficiency in excel and other database technologies required
- Strong preference for experience with SAP or other large ERP systems
- Strong preference for Wine & Spirits or related industry
- Ability to legally work in the US
- Infrequent travel may be required
- Must be 21 years of age
Benefits and Perks
- 25 days of paid time-off, 8 paid holidays, end of the year break and office closes every Friday at 1PM
- 100% employer paid health benefits for employee and dependents
- Competitive 401K company match
- Employer paid Short & Long Term Disability and basic Life Insurance
- Pre-tax benefits
- Mentoring
- Global Wellbeing program
Equal opportunities
Edrington provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, colour, religion, sex, national origin, age, disability or genetics. In addition to general legal requirements, Edrington complies with applicable federal, state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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