Accounts Receivable Team Lead

IAA Inc Westchester , IL 60154

Posted 2 weeks ago

IAA, an RB Global, Inc. company is seeking a Accounts Receivable Team Lead to join our corporate team in Westchester, IL.
The Team Lead Accounts Receivable is accountable for assisting and reviewing a high volume of accounts receivable transactions for multiple legal entities in the USA and working closely with the Accounts Receivable Manager. The Lead is accountable for assisting the team with all services related to buyers, and ensuring that internal controls, company policies are followed and will also take on additional responsibilities.
Key Responsibilities:

Review and approve manual AR transactions against supporting documents for accuracy and completeness.
Ensure appropriate authorizations and policies are followed.
Review and approve buyer refunds and release wires.
Ensure that the accounts receivable sub-ledger and accounts receivable clearing accounts are reconciled to the general ledger.
Ensure all payments are applied to the corresponded buyer and monitor unapplied payments.
Assist with month-end closing and reporting.
Help document new procedures, and mentor when required.
Perform as a resource of knowledge to team members.
Provide hands on training and mentoring for all new & existing team members.
Perform all HR related duties including but not limited to hiring, dismissing, completing payroll and performance management and reviews for all direct reports.
Lead by example and role model in work ethics and organizational citizenship.
Participation in special projects.
Flexibility and willingness to work varied hours and occasional overtime hours.
Monitor and enforce state compliance requirements.
Resolve buyer payment disputes and discrepancies.
Perform other accounting administrative duties as required.

Major Accountabilities:

Leading and training team.
Month end reporting.
Follow up on outstanding items.
Internal and external support.

Preferred Skills:

Organized, detailed-oriented and able to multi-task in a fast-paced environment.
Effective leadership, relationship building and team interaction skills.

Excellent interpersonal skills and ability to build relationships.

Ability to work independently and in a fast-paced environment.
Excellent time management skills and the ability to meet the deadline.

Education and Related Experience:

Degree in accounting or combination of experience and education, with a minimum of 2-4 years experience.
Advanced understanding of accounting and operations systems including interfaces functions between them.
Proven experience of effective communication with IT professionals to ensure the needs of the business are understood and met.
Must be proficient with MS Suite and exceptional with Excel.

In return for your excellent skills and abilities, we offer a benefits package including health insurance, 401K, STD/LTD, Life Insurance/AD&D, paid holidays, and vacations.
About IAA, an RB Global, Inc. company:
IAA, an RB Global, Inc. company (NYSE: RBA) and (TSX: RBA), is a trusted global marketplace for insights, services, and transaction solutions for commercial assets and vehicles. Leveraging leading-edge technology and focusing on innovation, IAA's unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. IAA serves a global buyer base - located throughout over 170 countries - and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organizations. Buyers have access to multiple digital bidding and buying channels, innovative vehicle merchandising, and efficient evaluation services, enhancing the overall purchasing experience. IAA offers sellers a comprehensive suite of services aimed at maximizing vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns. RB Global, Inc. globally has over 7,000 employees and is headquartered near Chicago in Westchester, Illinois.


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