Disbursements, Senior

Reposted 7 Days Ago
Be an Early Applicant
Westchester, IL, USA
Hybrid
Senior level
Marketing Tech
The Role
Manage high-volume consignment disbursements: prepare consignor files, seller settlement statements, accounting journal entries, reconciliations, supplier and customer maintenance in Oracle, verify liens and VAT, ensure policy and regulatory compliance, and drive process improvements.
Summary Generated by Built In

The primary mandate for the Disbursements, Senior is to ensure all consignments are paid on time and that appropriate remittance process and systems are adhered to. Audit and approve the sale of vehicles, for all US Branches, including Title Centers, based on their legal contract terms to meet settlement SLAs to avoid penalties, daily.

Responsibilities
  • Monitor and communicate issues with open expenses, at Branch level, to ensure timely closure and comply with SLAs
  • Reconcile and/or generate expenses and payable vouchers for vendor invoicing, including: IAA Transport, DMV, and external vendors
  • Audit, balance, and prepare remittances to ensure accuracy and timely payment to customers, in excess of 20 million dollars, daily
  • Prepare aging detail to invoice providers upon request
  • Organize and collate manual remittances and invoices to mail to providers, daily
  • Perform support functions and provide technical assistance for all Branches within the organization through ServiceNow Self-Help Catalog, by analyzing and troubleshooting payable and systematic problems, while working with multiple departments to implement a resolution
  • Communicate and assist customers inside and outside the organization through: Phone, Email, and Chat
 
  • Accounting and Tax Departments with internal and external auditor requests, including the IRS, for mandatory state and federal audits, including willingness to explain data and findings to auditors
  • Buyer Services with same day broker requests and/or refunds
  • Controller with special expense and check projects to resolve all open and outstanding issues, at Branch level
  •  Finance with reviewing and processing reoccurring compliance rebates
  •  Legal with pulling detail for Provider and Buyer investigative requests
  • Treasury with research, follow-up, processing and reissuing of payments requests
  • Work with: Sales, Account Managers, Area Managers, RVPs, and the Executive Team on special research projects and payment requests1
  • Identify and communicate timely settlement and system issues with co-workers, management, and BT services
  • Document and maintain up-to-date processes and procedures for department responsibilities
  • Other responsibilities may include system testing or special projects, research, and/or reporting as requested by management
Qualifications
  • 2-4 years of experience working in an office environment.
  • Proficiency with Microsoft Excel.
  • Fluent verbal and written communication skills in English.
  • Organized, detailed-oriented and able to multi-task in a fast-paced environment.
  • Experience with Microsoft Dynamics GP, Five9, and ServiceNow is preferred.
  • Experience working with ERP systems, Oracle is a plus.
  • Good analytical and problem-solving skills
  • Customer service orientated
  • Excellent written and verbal communication skills
  • Excellent time management skills to be able to meet strict deadlines
  • Advanced Excel skills (Macros, Pivot Tables, and V-Lookup).
  • Ability to work in a hybrid setting (3 days/week in office)
About Us
RB Global (NYSE: RBA)

RB Global (NYSE: RBA) (TSX: RBA) is a leading, omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its auction sites in 13 countries and digital platform, RB Global serves customers in more than 170 countries across a variety of asset classes, including automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining and agriculture.

The company’s marketplace brands include Ritchie Bros., the world’s largest auctioneer of commercial assets and vehicles offering online bidding, and IAA, a leading global digital marketplace connecting vehicle buyers and sellers. RB Global’s portfolio of brands also includes Rouse Services, which provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system; SmartEquip, an innovative technology platform that supports customers’ management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers; Xcira, a leader in live simulcast auction technologies; and Veritread, an online marketplace for heavy haul transport.
About the Team

About the team - RBFS

Ritchie Bros. Financial Services is our dynamic, fast-paced and passionate equipment financing business unit.  Outgoing, entrepreneurial, collaborative, fun, energetic, resilient, competitive, friendly, customer-focused – we like our coworkers and our adjectives. Our ultimate reward is successfully helping our coworkers achieve and develop within our organization.

 

À propos de l’équipe - SFRB

Services Financiers Ritchie Bros. est notre division dynamique et passionnée de financement d'équipements. Nous sommes proactifs, entreprenants, collaboratifs, enthousiastes, énergiques, résilients, compétitifs, amicaux et axés sur le client : nous apprécions nos collègues et les adjectifs qui nous caractérisent. Notre plus grande satisfaction est de contribuer à la réussite et au développement de nos collaborateurs au sein de notre organisation.

Skills Required

  • 2-4 years of experience working in an office environment
  • 2 years prior experience working in Accounts Payable at a higher level
  • Experience working with ERP systems
  • Proficiency with Microsoft Excel
  • Fluent verbal and written communication skills in English
  • Experience with Oracle

Ritchie Bros. Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ritchie Bros. and has not been reviewed or approved by Ritchie Bros..

  • Affordable Benefits Medical coverage is often considered very affordable, with low employee costs noted as a differentiator. Benefits begin on day one, which strengthens perceived value.
  • Leave & Time Off Breadth PTO and paid holidays are part of the standard package across regions under RB Global. Day‑one eligibility and clear time‑off programs contribute to a well‑rounded offering.
  • Retirement Support A 401(k) with company match in the U.S. and RRSP match in Canada are offered, alongside an ESPP for employee ownership. These programs indicate solid retirement support across locations.

Ritchie Bros. Insights

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The Company
HQ: Westchester, IL
2,445 Employees
Year Founded: 1999

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.

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