Accounts Payable/Receivable Clerk

Job Title: Accounts Payable and Receivable Clerk

Company Overview:

Race Winning Brands (RWB) is the leading manufacturer of racing and high-performance parts sold to automotive and powersports markets. RWB is the preferred source for high-end pistons, engine blocks, cylinder heads, intake manifolds, connecting rods, crankshafts, clutches, transmissions, springs and other engine and driveline-related performance components.

Job Summary:

This position is responsible for providing accurate and timely processing of payments and receipts for all RWB USA locations. The incumbent will ensure that all cash disbursements and cash receipts are properly accounted for in the general ledger system.

Key Responsibilities:

• Accounts Payable:
• Verify the accuracy of vendor invoices, including auditing supporting documentation prior to payment.
• Assign proper general ledger accounts to all Non-PO invoices and expense reports and direct personnel when necessary on account assignment.
• Collaborate with the Purchasing department for requisitions and pricing exceptions, guiding and directing personnel when necessary.
• Collaborate with Receiving department for receipts and cut-off periods to ensure proper financial period reporting for all expenses.
• Review vendor terms/conditions in the system to assure invoice compliance and resolve any discrepancies with the Purchasing department.
• Accounts Receivable:
• Verify the accuracy of all receivable invoices, including auditing supporting documentation (as necessary) and checking for reasonableness daily.
• Collaborate with Shipping department for credit hold issues and cut-off periods to ensure proper financial period reporting for all receivables.
• Perform the Accounts Receivable portion of the RMA process for non-inventory credits.
• Ensure outstanding credits are netted against outstanding invoices as necessary.
• Generate aging report as requested and attend meetings with the Sales group as necessary to ensure timely collection of outstanding accounts receivable balances.
• Other Duties and Responsibilities:
• Provide assistance to all employees of Race Winning Brands in matters relating to Accounts Payable and Accounts Receivable.
• Assist the Finance Staff with Month-End Closing as necessary.
• Mail Responsibilities – Sort, Distribute and run through Postage Machine.
• Other duties as assigned.

Requirements:

• Minimum Qualifications:
• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
• The requirements listed below are representative of the minimum knowledge, skill, and/or ability required.
• Education: Associates Degree in Accounting or related financial field preferred.
• Experience: 1-3 years of accounts payable-receivable experience preferred.
• Computer Skills: Microsoft Office Suite, especially Excel; ERP system, MAS experience a plus.
• Other Skills: Effective written, verbal and communication skills; ability to remain poised in difficult situations and meet deadlines.

Work Environment:

• Office environment (controlled climate).
• Quiet to moderate noise; occasional loud noise when in production area.

Benefits:

• Eligible for Medical, Dental, Vision Insurance as of Day One.
• Employer Paid Life and Disability Insurance.
• HSA with Employer Contributions.
• 401(K) Retirement Plan with Company Match.
• Employee Wellness and Assistance Programs.
• Paid Maternity/Paternity Leave.
• Paid Time Off.
• Paid Company Holidays.

EEO Statement:

Race Winning Brands provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristics protected by federal, state, or local laws.