What are the responsibilities and job description for the Billing Specialist position at Dealer Owned Warranty Company?
About Us
Dealer Owned Warranty Company LLC is a leading provider of F&I (Finance and Insurance) partnership services in the automotive industry, offering a full suite of obligor and administrator services, top-of-the-line products, technology, and training. We understand the importance of leveraging process and technology in the F&I industry to drive revenue and ensure success. Our goal is to provide visibility, transparency, and the tools needed for our partners to build their wealth and achieve their goals. DOWC prides itself on taking care of its employees (We were voted one of the “Best Places to Work” three years in a row!), and we also offer award-winning products. All of our positions are fully on-site in Parsippany, NJ.
Job Summary:
We are looking for a passionate AR Specailist to join our accounts receivable department. This role will focus on dealer remittances and incentives to invoices for our client dealerships. This person will work with inside and outside sales agents regarding assigned dealers the agent's commissions. The ideal candidate must have excellent customer service skills with the ability to communicate with our partners on a daily basis.
Duties/Responsibilities:
- Manage the preparation of dealer remittances and invoices, ensuring accuracy and compliance with company policies.
- Independently prepare and process agent commissions payments based on dealer performance and agreements.
- Coordinate billing and invoices to assigned accounts and maintain follow-through for collection of receivables.
- Calculate and distribute dealer pack and incentives payments, adhering to deadlines and accounting best practices.
- Work closely with both inside and outside sales agents to resolve any questions or discrepancies related to dealer accounts.
- Support ad hoc accounting projects and analyses as needed by management, providing insights on financial performance and potential improvements.
- Prepare clear, concise, and organized documentation of all financial transactions and work performed.
- Follow established processes and contribute to identifying areas for improvement, recommending solutions to enhance efficiency and accuracy.
- Complete additional responsibilities and projects as directed by management.
Required Skills & Experience:
- Bachelor's Degree in Accounting or Finance is highly preferred but not required.
- Minimum of 2-5 years of relevant experience in billing, accounts receivable, accounting operations, or order to cash.
- Experience processing a high-volume of invoices.
- Superior verbal and written communication skills.
- Excellent interpersonal and customer service skills.
- Strong analytical and problem-solving skills.
- Experience with related accounting software such as QuickBooks or NetSuite.
- Ability to perform reconciliations and validate the accuracy of the information being used.
- Willingness to take accountability and initiative.
- Excellent computer skills including Strong Excel and accounting software.
- Excellent time management skills with a proven ability to meet deadlines.
- Ability to thrive in a complex, dynamic environment.
- Proficient with Microsoft Office Suite or related software.
Come join our growing team here in Parsippany! As NJ's Best Places to Work Honoree for three years in a row, we offer:
- Competitive compensation
- Medical, Dental, Vision, 401k matching, Life Insurance, ancillary benefits
- PTO and Sick Time
- Corporate events, team and culture building activities, employee awards and recognition, company trips and more!
DOWC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Applicants who require accommodation to participate in the job application process may contact us for assistance.
Pay: $70,000.00 - $80,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $70,000 - $80,000