Accounts Receivable Risk Analyst in Kennesaw, GA at The Pep Boys-Manny Moe & Jack

Date Posted: 2/13/2020

Job Snapshot

  • Employee Type:
  • Location:
    Kennesaw, GA
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Icahn Automotive Group LLC (Icahn Automotive) was formed by its parent, Icahn Enterprises L.P. (NASDAQ: IEP), to invest in and operate businesses involved in aftermarket parts distribution and service. Our businesses have a singular focus: provide premium automotive parts and services at a great value. The businesses of Icahn Automotive today consist of Pep Boys® automotive aftermarket retail and service chain, Auto Plus® automotive aftermarket parts distributor, Precision Tune Auto Care® owned and franchised automotive service centers, and AAMCO Total Auto Care franchised service centers. The businesses of Icahn Automotive total over 22,000 employees, over 2,000 company-owned and franchise locations and 25 distribution centers throughout the US, Canada, and Puerto Rico.

Position Summary
The Accounts Receivable Risk Analyst will work with all levels of the field organization, Law Department, collection agency and outside counsel to mitigate losses, past due accounts over 60+ days and maximize recoveries. This position is responsible to negotiate payment plans to drive a positive outcome for the organization. If a loss occurs or an account files for bankruptcy, this position is responsible for leading all customer interactions until final resolution is achieved. This position is responsible for all defaulted and bankrupt accounts up to $150K in at risk accounts receivable and reporting of uncollectible/doubtful accounts receivable collection status.

This position is located at our corporate office in Kennesaw, GA.

Duties and Responsibilities

* Create and maintain professional relationships within all levels of the organization (peers, work groups, customers, supervisors)
* Develop solid working relationships with Field Operations, Sales, Finance, Legal, external customers, and collection agencies/law firms
* Serve as primary point of contact with third party collection agencies/attorneys
* Negotiate action plans on defaulted/high risk customer accounts with third party collection agencies and attorneys based on the (un)willingness and/or ability to pay in acceptable terms and minimize loss potential. Decision authority on accounts up to $150K in at risk accounts receivable. Make settlement decisions on offers from debtors less than full recovery
* Review and analyze financial and credit bureau data, customer account and collections history and operational reporting (margins, services rendered, specialized equipment) to determine level of risk and strategize collections approach
* Need to demonstrate the reduction of negative Accounts Receivable amounts over time
* Work with customers and all levels of operational/sales management to mitigate losses, improve receivables metrics (DRO/Bad Debt/dollars past due) and save customer relationships
* Direct all actions on defaults, terminations, and bankruptcies
* Analyze all available financial/credit/operational data to effectively plan and execute collections strategies
* Manage documentation and communication interface with third party collections/attorneys in order to effectively pursue write-off accounts and maximize recoveries
* Performs other duties as assigned

Knowledge, Skills, and Abilities

* Associate degree in Business Administration, Accounting or Finance is required
* 3 years of experience in commercial collections is required
* Automotive or construction industry experience is a plus
* Proficiency with Microsoft Word, Excel and PowerPoint is required
* Experience with SAP is preferred
* Strong verbal and written communications are required
* Ability to communicate at all levels of management, customers and attorneys is required
* Ability to make major, complex, or frequent decisions
* Ability to make informed decisions in the best interests of the company in a fast paced and sometimes stressful environment
* Ability to manage conflict and maintain professionalism in a stressful environment
* Must have effective negotiation skills
* Strong financial and credit analysis skills
* Knowledge of bankruptcy laws, asset sales and mergers
* Knowledge of UCC filings
* Experience with commercial litigation

Physical Demands/Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Physical Demands

* Repetitive movement of hands and fingers, typing or writing
* Occasional standing and walking
* Talk and hear

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled