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Advance Auto Parts · 4 hours ago

Collections Analyst, Vendor Incentives Accounting

Raleigh, NC

Full-time

Onsite

Entry, Mid Level

2+ years exp

Advance Auto Parts is seeking a dynamic Collections Analyst to support the Vendor Incentives Accounting function. This role is crucial for managing a portfolio of Vendors and ensuring the collection of various incentives, requiring strong relationship-building skills and attention to detail.

AutomotiveRetail

Hiring Manager

Gina Marie Gage

Responsibilities

Manage a portfolio of Vendor receivables earned as a result of various types of contractually agreed to incentive programs

Ensure that all earned incentives are collected via Vendor credit memos, on-invoice credits or deductions from payables due to the respective Vendors

Establish strong collaborative relationships with various stakeholders in the Merchandising and Procurement teams in order to thoroughly understand the various incentives with the respective Vendors, the validity of the outstanding incentive receivables as well as the timing of collections

Establish strong working relationships with Vendor key contacts in order to facilitate prompt resolution of incentive issues and timely collection of incentives earned

Collaborate with Accounts Payable to ensure alignment on invoice credits received and on-invoice credits from Vendors as well as facilitation of deductions for incentives from Vendor payments

Proactively provide insight into any collectability issues on outstanding receivables in the portfolio

Assist in periodic, quarterly and year-end close processes, ensuring timely and accurate financial reporting

Assist internal and external auditors on audit related requests for information in conjunction with interim reviews, year-end audits as well as SOX and internal audits

Identify opportunities for process enhancements and automation to improve efficiency and accuracy

Manage conflicting priorities and ensure that are deadlines are successfully met

Manage ad-hoc projects and tasks as assigned by senior management

Qualification

Accounts Payable processesOracle ERP softwareAccounting degreeCollections experienceAnalytical skillsRetail industry experienceAutomotive industry experienceProblem-solving skillsAttention to detailTeam collaborationFast-paced environment