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Accounts Receivable Associate

Ritchie Bros.
Westchester, IL Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 5/5/2025

Job Description

The Accounts Receivable Associate is responsible for high volume processing of Payments for assets under various Ritchie Bros. channels. This role's primary objective is to provide customer service to internal and external customers through payment application while adhering to contractual obligations, internal policy, and Sarbanes Oxley (SOX) controls.

Responsibilities

  • Validate and post payments ensuring timeliness, efficiency, and accuracy.
  • Ensure appropriate authorizations and policies are adhered to.
  • Record receipts and prepare bank reconciliation daily.
  • Identify and investigate any banking discrepancies and reconcile unidentified payments.
  • Liaison between buyers, branches, and financing companies.
  • Process refunds for overpayments, post-sale adjustments, and tax credits.
  • Assist in collections and reconciling customer accounts.
  • Research and respond to customer inquiries.
  • Reconcile AR sub-ledger to general ledger.
  • Assist with month end closing and reporting.
  • Perform other accounting administrative duties as required.
  • Resolve buyer payment disputes and discrepancies.
  • Flexibility and willingness to work varied hours and occasional overtime hours.

Qualifications

  • AR processing (payment applications, post-sale adjustments, refunds)
  • Month-end reporting
  • Following up on outstanding items
  • External Support (internal and external requests)
  • IAAIndeed
  • About Us

    Ritchie Bros. (NYSE and TSX : RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets in numerous industries including construction, transportation, agriculture, energy, oil and gas, mining, and forestry. Our mission is to create compelling business solutions for the world's builders to easily and confidently exchange equipment. Learn more about us at : https : / / www.ritchiebros.com /

    About the Team

    As a global company, our corporate teams support billions of dollars in equipment sales every year.

    In joining our corporate services teams, you will be ensuring the business runs smoothly in your respective verticals and supporting the overall business to achieve our core objectives.

    Every day your work will make a difference in the way we run our business and the in the way customers interact with us.

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