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Account Reconciliation Specialist

Company: Electrical Components International
Location: Southfield
Posted on: September 16, 2022

Job Description:

Electrical Components International (ECI) is looking for an Account Reconciliation Specialist to join our team in Southfield, MI! This position is a hybrid position, giving the option to work one day remotely.
Qualified candidates must have:

  • Bachelor's degree in Business or related field preferred
    • 3+ years of related experience required
      • Advanced Excel experience required, including but not limited to VLookUps, 'if' statements, Formulas, Pivot Tables, etc.
        • Excellent problem solving and critical thinking skillsAbout Us: Founded in 1953, Electrical Components International (ECI) is one of the world's leading suppliers of electrical distribution systems, control box assemblies, and other critical engineered components for diversified markets. With 25,000 employees and 37 global manufacturing locations, ECI is the trusted partner to market leaders with 500+ customers. At ECI, we Power Smart, Connected, And Electrified Solutions that help solve the most complex challenges.About the Position:The Account Reconciliation Specialist will be responsible for performing routine analysis to resolve unapplied cash, price and quantity discrepancies, and other anomalies. The Account Reconciliation Specialist will work with various groups to identify root causes and propose solutions to avoid reoccurring errors. This role will develop daily, weekly, and monthly reports as needed, while performing other projects related to work as needed.
          Duties Include:
          • Reconciliation of payments if needed to ensure correct cash applications
            • Investigate exceptions in cash received to ensure payments are allocated to correct invoices
              • Work closely with Credit and Collections Manager and/or internal and external customers on resolving existing on account payments
                • Review payment information from customers to improve cash application process
                  • Prepare dashboard reporting as needed
                    • Investigate quantity discrepancies and work with appropriate parties to resolve
                      • Investigate price discrepancies and work with customers and internal teams to resolve
                        • Additional duties and projects as assignedQualifications:
                          • Bachelor's Degree in Business or related field preferred; 3+ years of experience in similar role in lieu of degree
                            • 3+ years of related experience required
                              • Demonstrated ability to carry out assignments to their completion and meet deadlines
                                • Ability to establish and maintain effective working relationships with employees and managers
                                  • Ability to handle heavy workload and work well under pressure
                                    • Must have the ability to manage multiple tasks while working in a fast-paced environment
                                      • Advanced Microsoft Office/Excel, Word, and PowerPoint skills required
                                        • Advanced Power BI skills a plus
                                          • Strong verbal and written communication skills
                                            • Experience with BPCS/AS400 operating system a plus
                                              • Excellent problem solving and critical thinking skills
                                                • Account reconciliation experience a plusWhy Should You Apply?
                                                  • Excellent benefits, including medical, dental, vision, 401k match, paid time off and 12 holidays.
                                                    • Fast-paced and detail-oriented environment where you can have a direct impact on outcomes
                                                      • Workplace flexibilityCompensation:The salary will be determined based on the candidate's knowledge, skills, and abilitiesElectrical Components International is an Affirmative Action and Equal Employment Opportunity employer. We are committed to providing equal employment opportunity in all areas, including but not necessarily limited to, recruitment, selection, training, education, compensation, benefits, promotion, job transfer, upgrading, separation and recall regardless of the individual's race, color, sex, age, religion, national origin, genetics, sexual orientation, gender identity, disability, veteran status, and/or other protected categories under all Federal, State, and local laws.

Keywords: Electrical Components International, Southfield , Account Reconciliation Specialist, Other , Southfield, Michigan

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