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Liquidity Services, Inc.
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Jobot
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Accounts Receivable Specialist II
Liquidity Services, Inc. Silver Spring, MD
Other | Business Services 7 Months Ago
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Liquidity Services, Inc. is Hiring a Remote Accounts Receivable Specialist II

Company Overview

Liquidity Services, Inc. (NASDAQ: LQDT) (“LSI”) is the world’s largest B2B e-commerce marketplace for surplus assets and industry leader in circular economy. The Company provides leading corporations, public sector agencies and over 4.7 million registered buyers a transparent, innovative, and effective online marketplace platform and integrated services to conduct commerce globally in the $150 billion reverse supply chain market. On behalf of its clients, LSI has completed the sale of over $9.0 billion of surplus in over 600 product categories, including consumer goods, transportation and heavy equipment assets, biopharma, energy and industrial equipment. LSI has been on the forefront of environmental sustainability practices by promoting the re-use and re-sale of used assets for over two decades, diverting nearly 10 billion pounds of surplus from landfills around the world. The Company is also an incubator for entrepreneurs and small business customers who source value priced inventory and equipment from its marketplaces to build and sustain businesses around the world.

The Company has successfully driven adoption of its solution as a “best practice” in the marketplace and now serves more than 15,000 corporate and government agency sellers and is rapidly approaching annual potential Gross Merchandise Volume (“GMV”) of more than $1 billion. In response to our continued growth, LSI is seeking talented people to help us convey our unique value proposition to industry influencers in support of our outreach to executive level decision makers within the Fortune 1000 marketplace.

This opportunity is within our Bid4Assets division.

General Summary

The Accounts Receivable Specialist is responsible for the funds of every bidder who submits money for a government sale on Bid4Assets. From a bidder’s initial deposit, through the ultimate collection of settlement funds or the issuance of a refund, the accounts receivable specialist processes funds via our banking, CRM, and financial software, ensuring every dollar is accounted for on its path to a sale or a refund. The Accounts Receivable Specialist assists with auditing to make sure only qualified bidders gain entry to a sale and that the final totals are correct. Deposit services also provides customer service and acts as the “financial bridge” that connects buyers and sellers for settlement, communicating to both parties when funds are received, or in default, etc.

Responsibilities

  • Process transactions including wire transfers, daily reporting, and financial settlement tasks
  • Identify and process incoming wire transfers; perform research, reversals, and follow-up as needed
  • Respond to customer email inquiries to assist with resolving issues, resolve customer deposit/refund issues and answer general questions
  • Perform financial data entry into QuickBooks. Maintain manual records of any exceptions
  • Responsible for performing refund support including resolving daily issues, performing research, following up on uncashed checks and bulk refund processing
  • Financial support tasks include performing monthly audits, processing settlements for assigned clients, reconciling assigned accounts, processing credits & invoices, and performing other tasks as assigned
  • Assist with ad hoc requests from internal customers
  • Perform other job duties and special projects as assigned

Qualifications

Education/ Experience:

  • Four Year Degree in a related field or equivalent experience.
  • Minimum 3 years of experience in a Finance related position

Skills:

  • Must be highly organized and detail-oriented.
  • Excellent verbal and written communication skills required.
  • Experience with QuickBooks or similar system and Microsoft Office Suite

Work Conditions/ Physical Demands: This is a hybrid position. The ideal candidate must have home office space and access to high-speed internet with relative close proximity to the Silver Springs, MD office for team meetings as scheduled. 

Disclaimer: The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Liquidity Services Inc. reserves the right to modify position duties at any time due to business necessity.

Liquidity Services is an Equal Opportunity Employer.

Job Summary

JOB TYPE

Other

INDUSTRY

Business Services

POST DATE

09/07/2022

EXPIRATION DATE

12/12/2022

WEBSITE

liquidityservices.com

HEADQUARTERS

BETHESDA, MD

SIZE

500 - 1,000

FOUNDED

1999

TYPE

Public

CEO

WILLIAM P ANGRICK III

REVENUE

$200M - $500M

INDUSTRY

Business Services

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About Liquidity Services, Inc.

Liquidity Services is an online platform that provides asset and reverse supply chain management services forbusinesses and government agencies.

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