Analyst, AR at Massimo Zanetti Beverage USA in Suffolk, Virginia

Posted in Other 16 days ago.





Job Description:

Caffeinate Your Career™ at MZB!


Position Summary:


As an Accounts Receivable Analyst, you will have an important role in helping the company manage its cash flow and you will be responsible for the collection and analysis of customer receivables, which include receipting, collecting, depositing, posting, and reporting of accounts receivables and general ledger analysis. Other duties include preparing reconciliations to ensure the accurate processing of financial transactions. Therefore, you must have a strong general knowledge of accepted accounting principles, business practices, and collection procedures for processing and aggregating third-party receivables.


Job Duties:


  • Support of the collection efforts of the company's A/R accounts across all divisions (retail brands, foodservice, contract, and corporate brands)

  • Handle high volume accounts, collection resolution, and third-party escalation

  • Conduct credit reviews and provide risk rating assessments and recommendations to A/R Manager

  • Responsible for daily cash application of assigned accounts, issue customer statements and transactional efficiencies

  • Provide analysis and perform general ledger duties

  • Work cross-functionally with MZB internal teams; collaborate with Sales as needed

  • Collect all due and past due receivables, ensuring that collection performance is within the given guidelines

  • Review individual scorecards to ensure portfolio is in line with department KPI's

  • Perform monthly analysis of accounts in an effort to research and resolve any unapplied cash, credits, or disputes regarding payments from customers

  • Escalate disputed and non-responsiveness situations to internal/external contacts

  • Partner and be a close liaison with AR and corporate accounting teams to ensure timely and correct application of all incoming payments to the respective customer accounts

  • Authorize credit releases and system overrides

  • Follow up with customers on overdue account transactions; this may require extensive time on phone and emailing, therefore you must be comfortable juggling priorities and following up as needed

  • Effectively communicate to a wide audience of business partners regarding financial risks and exposure to the organization (Sales, Order Management, Finance)

  • Demonstrate savvy business acumen and negotiation skills

  • Work with account receivable manager to identify accounts which may present a business credit risk, require credit hold, or outside collection escalation

  • Record information about financial status of customer and documents status of collection efforts

  • Perform AR and collection-related customer requests and inquiries professionally and promptly

Qualifications & Requirements:


  • BA or BS in Accounting strongly preferred

  • 2-4 years of AR experience required

  • General Accounting experience required

  • Knowledge of balancing procedures and lockbox arrangements required

  • Proven understanding of collections process, with strong cash application/processing skills

  • Demonstrated customer service skills with attention to detail

  • Must exhibit strong verbal and written communication skills

  • Proven proficiency in Microsoft Office including Microsoft Excel and reporting skills

  • Familiarity with an ERP system is a plus

Equal Opportunity Employer: disability / veteran. All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.


Massimo Zanetti Beverage USA is proud to be an equal opportunity employer and we are committed to creating an


inclusive workplace environment for our family of employees. MZB-USA recruits and advances qualified applicants


without regard to race, ethnic or national origin, gender, sexual orientation, genetic information, age, religion,


marital status, military service, veteran status, political affiliation, disability, or any other status protected by law.


MZB-USA also prohibits discrimination and harassment of any kind and is fully dedicated to the safety of its


workforce.


General Statement


This is a summary description of the general duties and level of work assigned to this position. It is not a full and comprehensive list of all possible responsibilities and tasks.


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About MZB-USA


Massimo Zanetti Beverage USA (MZB-USA) is the largest fully integrated coffee company in the U.S. delivering innovative solutions for foodservice, retail, and the workplace. We are also the leading private label coffee provider in North America. Our brands include Chock full o'Nuts®, Kauai Coffee®, Hills Bros.® coffee and cappuccino, Segafredo Zanetti®, and more. Parent company, Massimo Zanetti Beverage Group, is the largest privately held coffee group in the world and a global leader in the production of roasted coffee and office coffee brewers, with over 350 Segafredo Zanetti Espresso Café's. Join our family of employees today!
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