A/R Collection Accountant
Marmon HoldingsAbout the role
As a part of the global industrial organization Marmon Holdings—which is backed by Berkshire Hathaway—you’ll be doing things that matter, leading at every level, and winning a better way. We’re committed to making a positive impact on the world, providing you with diverse learning and working opportunities, and fostering a culture where everyone’s empowered to be their best.
Responsible for updating and summarizing receivables. Assists sales, customer service, and shipping to ensure creation of invoices and shipping verification. May work with large and complex business units or customer accounts. Typically has more than 5 years of experience and works under general direction.Company Overview
Established in 1925, EcoWater Systems LLC is headquartered in Eagan, MN. The company has two manufacturing facilities in Mississippi. EcoWater has been owned by Marmon Holdings, Inc. since 1981, and today is one of six companies within their Water group. EcoWater is the world’s largest manufacturer of highly engineered, in-home water softening and drinking water solutions. In North America, there are four channels through which the company goes to market including a dealer business, a retail business, a wholesale/trade business, and an E-commerce/Direct-to-Consumer platform.
Marmon Holdings is a Berkshire Hathaway company, comprises 11 groups and more than 100 autonomous businesses with total annual revenue of $10 billion. Marmon’s 20,000-plus team members serve diverse industries and markets worldwide in over 20 countries. The 11 groups include Medical, Water, Foodservice Technologies, Retail Solutions, Transportation Products, Rail & Leasing, Electrical, Plumbing & Refrigeration, Metal Services, Industrial Products, & Crane Services.
General Overview
This role will oversee A/R collection efforts to ensure prompt payment and deduction resolution occurs timely, driving resolution until items are cleared from the aging statement. Working with our Sales, Shipping and Accounting teams, the accountant will investigate deductions – pricing, quantity shortages, invoice issues – dispute the deduction in the customer portal online, resolve outstanding issues. Responsible for reporting on A/R and escalating known barriers to collection.
This role is a key component of our Finance team and will work with other team members with regard to their accounts. The Collection/Deduction Specialist, along with two other employees, will report to the Senior Accounting Manager. This position is based out of the EcoWater Systems head office in Eagan, MN.
Overall Responsibilities
Lead collection efforts for the organization
Prepare regular reports on the status of collections and outstanding accounts
Timely investigation, resolution and reporting on irregularities with customer accounts
Work cross functionally within the organization – leading the effort and following through until completion
Reconcile accounts receivable ledger to ensure all payments are accounted for and correctly posted
Maintain accurate records of collection activities and customer interactions
Lead recurring collection meetings with key stakeholders to report on state of collection efforts, identify key roadblocks to resolution, and obtain consensus on action plan and next steps.
Coordinate with legal counsel or third-party collection agencies for severely delinquent accounts
Preparing ad-hoc analyses when necessary
Generating invoices and account statements when needed
Qualifications, Skills, Competencies
Experience working with customer portals and collection efforts from large organizations
Strong Excel skills and comfortable navigating ERP (Epicor a plus)
10+ years of applicable experience preferred
Prior Amazon/Home Depot/Lowes customer portal experience is a plus
Bachelor’s Degree is preferred
Accountability, consistency, proactivity and adaptability
Competencies
Clear and concise communication skills in timely responses
Ability to effectively analyze, prioritize and organize a high volume of information
Track record of reliability in completing tasks and meeting deadlines
Take responsibility for assigned tasks and follow through until completion
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