What are the responsibilities and job description for the Auction Payout Specialist position at Altec?
Job Description
Your Organization
About JJ Kane
At JJ Kane, we help transform utility and construction equipment into opportunity. We provide a knowledgeable, trusted, and seamless auction experience that gives sellers a reliable path to capital and provides bidders access to high-value, work-ready equipment they need to grow their businesses.
We are more than an auction company. JJ Kane is a relationship-driven brand built on trust, industry knowledge, fairness, and follow-through. We know the equipment, understand the industries we serve, and are committed to making every customer interaction clear, simple, and trusted.
As part of Altec, JJ Kane extends the lifecycle of critical equipment while supporting the companies that power our communities, maintain essential infrastructure, and keep people connected.
The Opportunity
JJ Kane is seeking an Auction Payout Specialist to join our team in Birmingham, Alabama. This is an on-site position and an important part of delivering the trusted experience our customers expect.
Behind every successful auction is a team that ensures each transaction is completed accurately and efficiently. As an Auction Payout Specialist, you will help bring the auction process to a successful close by reviewing transactions, reconciling sale activity, resolving discrepancies, and ensuring sellers and vendors are paid accurately and on time.
This opportunity may be a great fit if you:
The Ideal Background
Altec offers a competitive salary that rewards performance and dedication, along with a comprehensive benefits package, which includes:
Your Organization
About JJ Kane
At JJ Kane, we help transform utility and construction equipment into opportunity. We provide a knowledgeable, trusted, and seamless auction experience that gives sellers a reliable path to capital and provides bidders access to high-value, work-ready equipment they need to grow their businesses.
We are more than an auction company. JJ Kane is a relationship-driven brand built on trust, industry knowledge, fairness, and follow-through. We know the equipment, understand the industries we serve, and are committed to making every customer interaction clear, simple, and trusted.
As part of Altec, JJ Kane extends the lifecycle of critical equipment while supporting the companies that power our communities, maintain essential infrastructure, and keep people connected.
The Opportunity
JJ Kane is seeking an Auction Payout Specialist to join our team in Birmingham, Alabama. This is an on-site position and an important part of delivering the trusted experience our customers expect.
Behind every successful auction is a team that ensures each transaction is completed accurately and efficiently. As an Auction Payout Specialist, you will help bring the auction process to a successful close by reviewing transactions, reconciling sale activity, resolving discrepancies, and ensuring sellers and vendors are paid accurately and on time.
This opportunity may be a great fit if you:
- Take pride in accuracy and attention to detail
- Enjoy working with numbers, financial transactions, and reconciliations
- Are organized and comfortable balancing multiple priorities
- Enjoy researching and resolving discrepancies
- Communicate well and enjoy working collaboratively across teams
- Want to build a long-term career with a growing organization where relationships, integrity, and expertise matter
The Ideal Background
- High School Diploma or GED with a minimum of three years of experience in customer service, accounting, and administrative operations.
- OR Bachelor’s Degree with a minimum of one year of experience in customer service, accounting, and administrative operations.
- Strong attention to detail and commitment to accuracy.
- Comfortable working with numbers, financial transactions, and reconciliations.
- Strong organizational and time-management skills.
- Ability to manage a high-volume workload and multiple priorities.
- Strong problem-solving and research skills.
- Effective written and verbal communication skills.
- Ability to work independently while collaborating with multiple departments.
- Proficiency with Microsoft Excel, Outlook, and other Microsoft Office applications.
- Previous experience with accounts payable, accounts receivable, reconciliation, payment processing, auction operations, accounting support, or financial administration is preferred.
- Finalize and balance completed auction sales.
- Review sale transactions for accuracy and completeness before payout.
- Reconcile sale proceeds, seller charges, fees, deductions, transportation costs, and other applicable adjustments.
- Identify discrepancies and research issues before payments are released.
- Prepare and process seller payouts, including issuing and mailing checks.
- Verify seller and payment information prior to processing payouts.
- Ensure supporting documentation is complete and properly maintained.
- Work with internal teams to resolve missing information, incorrect charges, or other issues that could delay payout.
- Assist with researching outstanding or aged payout items.
- Maintain accurate records of completed payouts and unresolved items.
- Respond to internal questions regarding payout status and payment information.
- Follow established financial controls and company procedures when handling payments and sensitive financial information.
- Prioritize workload to ensure payout deadlines are consistently met.
- Assist with process improvements that increase accuracy, efficiency, and visibility within the payout process.
- Provide backup support and cross-training within the team as needed.
- Demonstrate consistent progress towards proficiency in areas of training (defined by training objectives document)
- Attend classroom and online training sessions to enhance skills and build knowledge
- All other duties as assigned
Altec offers a competitive salary that rewards performance and dedication, along with a comprehensive benefits package, which includes:
- Medical, Dental, Vision and Prescription Drug Program
- Retirement 401(k) Traditional or Roth Program Options with Company Match
- Vacation and Holidays
- Parental Leave
- Short-Term and Long-Term Disability Leave
- Flexible Spending Accounts
- Tuition Assistance Program
- Employee Assistance and Mental Health/Substance Abuse Program
- Life Insurance, Accidental Death and Dismemberment Insurance
- Supplemental Insurance including Hospital Indemnity, Critical Illness and Accident Insurance