- The Accounts Receivable Specialist is responsible for high-volume processing of payments, cash application, and revenue management under various RB Global channels, with a dedicated focus on Smith Broughton and Allied. The role's primary objective is to deliver exceptional customer service to both internal and external stakeholders through flawless payment application while strictly adhering to contractual obligations, company financial policies, and Sarbanes-Oxley (SOX) controls.
- Record and apply receipts and prepare daily bank reconciliations accurately.
- Identify, investigate, and resolve banking discrepancies and reconcile unidentified payments or unapplied cash.
- Manage specialized replacement hire activities: Cash Receipting, identifying Bank Discrepancies, tracking MVDL Transfers, and uploading Sale Data for Buyers.
- Conduct comprehensive regular debtor follow-up and proactive collection calls to reduce outstanding accounts receivable balances.
- Process post-sale adjustments, post-auction transaction updates, price adjustments, collapses, sales tax, and contract deducts with proper approvals.
- Upload auction transactions and reconcile sale day payments and Gross Transaction Value (GTV).
- Confirm and formally communicate receipt of bid deposits and manage bidder deposit structures.
- Process customer refunds for overpayments, bid deposits, post-sale credits, and tax adjustments.
- Handle bad debt documentation and processing in compliance with group authorization matrixes.
- Manage GST export documentation requirements for cross-border transactions.
- Perform comprehensive month-end reconciliations, including AR sub-ledger to General Ledger matching, Bank Reconciliations, and Trust Account Reconciliations.
- Research, address, and resolve buyer, consignor, and internal business queries with high service standards.
- Assist with month-end closing procedures, reporting cycles, and provide auditor support as required.
- Education: Highschool Diploma required. Finance studies would be looked upon favorably.
- Experience: 2+ years of experience in high-volume accounts receivable, accounting, legal, or banking-related roles.
- Systems: Experience working with enterprise-level ERP systems and office productivity suites (MS Office package).
- Detail Orientation: A sharp eye for detail with a proven record of preparing precise financial figures and producing accurate work under pressure.
- Time Management: Exceptional organizational skills to prioritize a large volume of work, juggle multiple tasks, and meet strict deadlines.
- Work Ethic: Independent contributor who also thrives in a collaborative, deadline-driven team environment.
Skills Required
- High School Diploma
- 2+ years experience in high-volume accounts receivable, accounting, legal, or banking-related roles
- Experience with enterprise-level ERP systems
- Experience with Microsoft Office suite (Excel)
- Knowledge of Sarbanes-Oxley (SOX) controls and compliance
- Experience performing bank reconciliations and AR to GL matching
- Experience managing refunds, adjustments, and bad debt documentation
- Strong attention to detail and accuracy under pressure
- Excellent time management and ability to prioritize high volumes of work
- Ability to work independently and collaboratively in a deadline-driven team
- Finance studies (preferred)
What We Do
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company’s selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; MarketplaceE, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.
