Disbursements Reviewer

Company: Ritchie Bros Auctioneers
Location: Waverly
Posted on: March 16, 2023

Job Description:

A growing global company. Endless career and development opportunities. When you join Ritchie Bros., you'll be part of a diverse, global team that's focused on delivering great customer experiences. Our culture is centered around people and guided by our core values of Integrity, Unity and Vision. Learn more about our culture and commitment to diversity and inclusion at Candidate Portal . If you have an entrepreneurial spirit and are passionate about making a difference, we invite you to join our growing team. Whether you're out in the field or back at your office, you'll be helping us achieve our vision of becoming the trusted global marketplace for insights, services and transaction solutions for commercial assets. We're looking for a Disbursements Reviewer . The work location for this position is Lincoln, Nebraska , and is eligible for a hybrid work arrangement The Opportunity: RBA guarantees that all buyers will purchase equipment that is free and clear of encumbrances. The Disbursements Reviewer contributes to the overall Risk Management of the Seller Services front-end cycle. Major responsibilities of Quality Assurance include reviewing and approving settlement statements as well as lien search information to ensure file completion before each account is settled according to contract terms and company policy to Mitigate Risk. General responsibility: - Reviews and verifies all contract information, lien searches and settlement statement payment and payee information prepared by the settlement associates for accuracy and compliance with contract and company policy, approves payments. - Reviews and approves pre-sale advances, inventory purchases initiated by Search Administrator, verifying contract information and lien search for accuracy and compliance with company risk policy prior to approving and initiating payments. - Upload post-sale auction results into AS400 initiating settlement process - Enter and releases all wire payments. - Initiate supplier setup and update payment information with the Supplier Maintenance Department. - Ensure that the settlement accounts such as auction proceeds payable, holdbacks, repairs & hauling and repairs & maintenance are reconciled to the settlement statement. - Ensure appropriate authorizations in accordance with the company's contractual obligations and within company policy. - Investigate and resolve discrepancies independently and/or in collaboration with Settlement Associates, Search Administrator and Sale Site staff. - Overall participation and management of quality assurance reporting for Seller Services KPIs, by recording exceptions in lien/settlement system or spreadsheets. - Exercise ethical and objective judgment skills. - Performs other accounting administrative duties as required. - Flexibility and willingness to work varied hours as required. - Other duties and projects as assigned by Manager/Lead. In this role you'll: - Review all lien search information and settlement statements in accordance with RB Policy and Procedures assuring accurate and timely payments. - Review and approve advances, inventory purchases and annual files according to "At Risk" Policy and SOX controls. - Manage and review set up of EFT's and approve Wire Releases. - Contribute to the development and management of quality assurance KPI reporting for Seller Services, recording exceptions. - Actively support the RB Unreserved Commitment to Safety: to send everyone home, every day, the way they came to work, by taking personal responsibility for your safety and safety of your team, co-workers and customers. Here's what you bring: - Highschool Diploma or equivalent minimum 2 to 4 year College Degree is preferred in Accounting or Business - 2+ years' experience in audit, accounting, legal, or banking related roles - Additional Qualifications: - Previous experience in high volume, fast-paced related roles. - Ability to work independently and collaboratively with other team members. - Excellent analytical, interpersonal, communication and organizational skills. - Proficient with Microsoft Office Suite and Cloud-based applications This job will require you to: - Making sound judgement calls on all consignment files. - Collaborating with internal and external departments with clear objectives and resolutions when necessary. - Ability to prioritize daily tasks and maintain high level of quality assurance review. - Ability to escalate problematic files with Manager/Lead and Finance Leaders when necessary. - Investigation and resolution of any discrepancies on consignment files. Collaboration with all Customer Financial Operations Teams as deemed necessary. - Ability to solve complex files within policy and initiate business line recommendations. What We Offer: Our success is built on the drive and dedication of our people. As we grow around the globe, there will be many opportunities to advance your career - we've proven this throughout our 60+ years in business. And, we'll take care of you along the way. Here's how: - Base salary + paid overtime - Comprehensive medical and dental benefits - 401(K) with company match - Ongoing training, professional development and tuition reimbursement. Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. Through our family of companies , we help our customers buy and sell a wide range of used and unused equipment for construction, mining, transportation, agriculture, oil & gas, lifting & material handling, forestry & other industries.Ritchie Bros. is an equal opportunity employer and ensures nondiscrimination in all activities in accordance with all applicable laws. This position is open to all qualified applicants who are legally entitled to work in the country in which this job is located. Candidate selection is made by Talent Acquisition. Only electronic applications can be accepted. No agency calls, please.If you require any accommodations, please send an email to: careers@rbauction.com .#jmprPandoLogic. Keywords: Contract Administrator, Location: Waverly, NE - 68462

Keywords: Ritchie Bros Auctioneers, Lincoln , Disbursements Reviewer, Accounting, Auditing , Waverly, Nebraska