Accounts Receivable (A/R) Senior Specialist

Company: Centric Brands Inc.
Location: Greensboro
Posted on: June 12, 2021

Job Description:

Specific Responsibilities

Centric Brands is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in multiple segments, including women's, men's and kid's apparel, accessories, entertainment and beauty. We are focused on our customers and our brands that will drive the company's future growth. We are defined by innovation as we seize new opportunities and thrive in an environment informed by creativity and thinking that is both analytical and outside the box. Centric Brands reflects a team built on respect, for others and for the hard work it takes to achieve our goals and build our bright future together.

Position Summary

The Senior Specialist, Accounts Receivable will assist in the oversight AR, Credit, Vendor Agreement, Cash Application, and AR Reporting and Analysis for the Private Label division in support of the Senior AR Manager.

Specific Job Responsibilities

• Collaborate with CIT and Wells Fargo for outsourced credit, collection, and cash application efforts.
• Monitor factor credit approvals and credit line increases when necessary & maintain data in SAP - including reviewing orders in SAP that fail allocation and resolve accordingly
• Communicate General Policies/Procedures and credit approval determinations to the business units
• Oversee Cash Application responsibilities which include: validating of daily transactions, performing write offs, maintaining the cash clearing GLs, and partnering with FPNA for any discrepancies.
• Reconciliations of debits/credits that reside in different SAP subsidiary GL's & bank accounts - including the resolution of misdirected cash or common discrepancies
• Review and approve off-site Chargeback Teams on reconciliations and write offs submitted or advise corrections
• Perform Month-End Closing duties in SAP as backup to Manager
• Perform scheduled and ad hoc reporting from SAP as well as Cognos and Bex reporting tool
• Complete Vendor Agreement documents
• Pursue high priority, internal issues for resolution
• Lead special projects when necessary
• Monitor and address recourse with factor
• Analyze Production Exposure Reports & communicate to businesses
• Provide reports and prepare documents as required for quarterly audits
• Communicate LC Requirements and/or Present LCs for payment

Skills and Requirements

• 4 year undergraduate Accounting or business degree required, or equivalent experience
• 3+ years of manufacturing/wholesale experience required
• Strong leadership skills who performs well in an entrepreneurial environment with minimal supervision
• Excel under pressure in a high-volume, time-sensitive, complex, corporate environment
• Ability to multi-task, prioritize, escalate, and follow-up
• Detail-oriented and accurate
• Proven success with strategizing, streamlining, innovation, and thinking outside the box
• Ability to create processes, close any gaps, and document new SOPs
• Excellent organizational, communication (oral and written), and follow-up skills
• SAP knowledge/experience is required
• Experience with letters of credit required
• Strong Microsoft Excel skills required

Centric Brands is an Equal Opportunity Employer.

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Keywords: Centric Brands Inc., Greensboro , Accounts Receivable (A/R) Senior Specialist, Other , Greensboro, North Carolina