Live chat
Veritiv Corporation

Financial Services Specialist II

Veritiv Corporation - Fairfield, OH

Veritiv has an expansive North American network with more than 180 locations, and we do business with

more than half of the Fortune 500. We're a big company, but we’re also a new company, shaping our

systems and processes to support a successful and sustainable future. We don't just encourage an

entrepreneurial spirit, we embody it.

Are you looking to join a company where you feel empowered in your work and your job is not just a job,

but a path toward a rewarding and successful career? Do you want to be part of a company that

customers and suppliers not only want to do business with but need to do business with?

If you answered yes, then Veritiv might be the place for you. We encourage you to learn about and apply

to Veritiv if you seek a unique work experience, where diverse ideas are met with enthusiasm, and where

you can realize your full potential.

Position Description

Job Summary

Under general supervision and following established guidelines, performs key collection functions for assigned accounts. Optimizes cash flow by providing excellent investigative, problem solving and account reconciliation skills. Must possess effective verbal and written communication skills as this position interfaces with a wide range of external and internal customers.

Job Responsibilities

Strong customer focused orientation. Establishes and maintains positive relationships with customers both internal and external.

Strong organizational and project management skills.

Monitors a specific portfolio of accounts and initiates action to facilitate on-time payment of invoices and to recover delinquent receivable.

Collects relevant information that is needed to affect payment, including obtaining copies of invoices, proofs of delivery, credit memos, details from a DFR and on account payments.

Customer contact (via phone and e-mail) regarding delinquent invoices, credit memos, invalid deductions, on account payments, customer disputes and terms discrepancies.

Documents all customer collection contacts (both internal and external), specifically promises to pay, agreements and information requests.

Consistent follow up to insure customer information requests have been satisfied and commitments have been met.

Proficient in gaining access to and enter invoices for customers so we can obtain payment via a third party invoicing system.(example Arriba)

Researches and resolves customer disputes and issues.

Identifies and follows up on customer payment issues regarding terms of sale.

Communicates with Sales regarding receivable issues that cannot be resolved through normal payables contacts.

Escalate as needed to credit manager for direction if impasse is reached.

Informs Manager of any issues impacting the corporate DSO and receivable delinquency objectives.

Insures customer billing address and terms are accurately reflected in the Customer Master File.

Prepares reports to reflect status of collection activity and key delinquency issues.

Reconciliation of account balances including following up on unauthorized short payments as well as any over payments. (Unless being worked by Deductions team)

Identify and reconcile sales tax deductions by either collecting these deductions or securing the required exemption certificate.

Process credit card payments as required and be sure they are approved.

Ability to develop strategy while engaging effective tactics for consistent acceptable results.

Assist with the accurate application of any unidentified cash payments.

General understanding of accounting as it relates to accounts receivable principles.

Order Review Responsibility

Initiates appropriate credit action on those orders that have failed the credit checking review as guided by Veritiv Policies.

Has basic understanding of credit, risk factors and D&B reports.

Has ability to make judgments and release orders for multiple collectors based on manager's guidelines for over limit and past due situations.

Contacts customer or has collector contact customer for payment information.

Knows when to escalate to credit manager.

Is skilled in handling and communicating to sales and customer when appropriately leveraging orders.

Requests increased credit lines for customers who have exhibited timely payment patterns and have exceeded their established line of credit.

Communicates negative payment trends and other critical customer issues to Sales and the Financial Analyst group.

Communicates customer referral order issues with Credit management and Sales to affect resolutions in line with Corporate objectives.

Ability to understand and interpret market factors and risk

Other Responsibilities /Skills

Maintains effective communication and negotiation skills with external customers to effect collections while maintaining customer good will.

Qualifications / Knowledge & Experience:

Requires strong oral and written communication skills

Demonstrates above average proficiency in PC applications, Microsoft Outlook, Excel, Word, and other applications as required.

Ability to multi-task and prioritize workload.

Above average analytical and problem solving skills.

Competency in use of order entry systems (VOS, MAX, CNT, VLS) for releases of held orders,

Competency in of Oracle and or Navision.

Excellent organization and time management skills.

Self motivated with the ability to work in a team environment.

Five or more years of commercial credit experience. (4 year college degree may be substituted for 3 years experience)

High school Diploma or equivalent.

Working Conditions/Physical Requirement

The position requires the FSR to sit at a desk the majority of the day.

It would be a rare exception to travel to a customer.

Veritiv is an Equal Opportunity/Affirmative Action employer. Individuals seeking employment are considered without regards to race, ethnicity, color, creed, religion, sex, sexual orientation, marital status, age, disability, gender identity or expression, genetic information, national origin, protected veteran status or any other classification protected by law. Additionally, Veritiv will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Veritiv’s legal duty to furnish information. If you would like more information about your EEO rights as an applicant, please click here: http://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf

http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf

21 days 14 hours ago

Veritiv Corporation

apply

Financial Services Specialist II Veritiv Corporation - Fairfield, OH, United States

   

Location: Fairfield, OH

Company Profile:
Veritiv is a North American leader in business-to-business distribution solutions. Helping shape your business success drives everything we do. Our name is based on this commitment and on the core strengths of our business. Derived from verity, it says we’re true to our word, our beliefs, and your needs. The words connective and active in our name signify that we collaborate with you to create solutions that work hard for your business. In today’s rapidly evolving marketplace, you need an edge. You want to increase efficiency, productivity, predictability and sustainability while cutting costs. Our packaging, print, facility, publishing and print management solutions span the entire lifecycle of business operations so you can achieve these goals. And with our industry-leading expertise, proprietary tools and creative ideas, you’ll get the help you need to stay ahead.