Financial Services Analyst II
Company: Arrow Electronics
Posted on: January 15, 2019
Position: Financial Services Analyst II Job Description: The work Arrow does goes into everything from cars to coffee makers. Whether it's something you've never seen before or the things you can't live without, if it takes a charge, chances are it was built with Arrow. When you think about the world of Five Years Out, Arrow is helping design it, build it and source it. We are a Fortune 150 company with 2017 sales of $26.81 billion. "Five Years Out" is the tangible future and the people who live and work there know that new technologies, new materials, new ideas and new electronics will make life not only different, but better. Not just cheaper, but smarter. Not just easier, but more inspired. General Job Duties: Actively manage a pipeline of customer accounts, some of which may be complicated or unique, to ensure payment is received; this may include research, validating data, reconciliation reporting and/or working with other departments in the company to ensure accuracy of accounts Directly responsible for collecting open receivable balances timely and efficiently. Responsible for facilitating payments on a daily basis including credit cards, electronic funds transfers, ACH and lockbox deposits for multi-currency receipts, bank accounts and various A/R systems; may include troubleshooting. Sort and organize data, updating customer records, accurately facilitating transactions and adjustments. Strictly adhere to internal policies and guidelines. Maintain a 100% compliant control environment for both SOX and non-SOX processes. Maintain detailed accurate files and notes within SAP regarding collection efforts. Initiate adequate follow-up with customers and fellow employees in a timely manner. Reconcile full cycle AR including debits and credits, Forex gain or loss, sales tax, Foreign Withholding Tax and Commissions adjustments. Perform other related duties or special projects as assigned. Facilitates the communication exchange and relationship building required to collect the billings due within the specified contractual terms. Is responsible for strategic accounts Recommendation and preparation of account referrals to Litigators and Debt collection agencies Other skills: Well organized and able to meet deadlines. Excellent verbal and written communication skills. Must be able to perform high work volume with minimal errors and supervision. Ability to communicate courteously and proactively with all levels within the company. Strong mathematical, analytical and reasoning skills when presented with special projects, problems and requests which require decision making and action. Excellent Microsoft Excel and Word skills, including the ability to operate accounting programs. Acts independently to accomplish assignments. Able to determine when to escalate issues as needed. Performs administrative, professional and/or technical duties that are more complex. May handle situations that could require some deviation from standard procedures in response to difficult issues. Demonstrates an in-depth knowledge of job related tools and applications Ability to maintain confidentiality concerning financial and customer transactions. Demonstrates an in-depth knowledge of job related tools and applications B2B collections highly preferred Build strong, cross-functional relationships with such departments as Sales, Billing, Operations and Customer Service To be able to perform a weekly cash forecast with accuracy of 90% or better Bachelor's Degree in Accounting, Finance, or closely related field preferred Location: Denver (Inverness West) Time Type: Full time Job Category: Non-Customer Facing/Supplier Facing
Keywords: Arrow Electronics, Denver , Financial Services Analyst II, Professions , Englewood, Colorado
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