Jr. Accountant / Credit Specialist

For over six decades, Peavey has blazed its own path toward musical perfection. Founded by Hartley Peavey in 1965 as a one-man shop, today Peavey Electronics Corporation is one of the world's largest makers and suppliers of musical instruments, amplifiers and professional audio systems. Peavey has earned more than 180 patents and distributes over 2,000 products to more than 130 countries. Peavey and its MediaMatrix®, Architectural Acoustics®, Crest Audio®, Composite Acoustics®, Trace Elliot®, and Budda® brands and affiliates can be found on concert stages and in airports, stadiums, theme parks and other venues around the world. To learn more, visit www.peavey.com.

JR. ACCOUNTANT / CREDIT SPECIALIST

We are searching for a Jr. Accountant and Credit Specialist to support our company's overall financial health. This dual function, exempt position, integrates professional accounting principles with specialized credit risk management, offering the opportunity to exercise independent judgment and discretion across significant financial operations. The individual in this role will operate with limited supervision, managing key responsibilities that directly impact company assets and cash flow.

Key Responsibilities and Scope of Authority

The duties of this position require professional knowledge and application of accounting standards and credit management best practices. The incumbent is expected to operate autonomously in their assigned functions, making decisions related to the extension of credit and resolution of complex accounting discrepancies.

Accounting Responsibilities:

This function focuses on applying professional accounting principles to financial record-keeping, analysis, and administrative support for the finance/accounting department.

• Transaction Management & Analysis: Comprehensive knowledge with accounts payable and accounts receivable cycles, ensuring adherence to established accounting standards and making independent decisions to resolve processing exceptions.
• Accounts Payable: Responsible for processing invoices, managing payments to vendors, reconciling transactions, and ensuring compliance with company policies and procedures by maintaining financial records accurately.
• Complex Reconciliations: Conduct complex reconciliations of various accounts to ensure integrity between internal records and external statements (e.g., bank statements, vendor ledgers), identifying and resolving discrepancies without direct supervision.
• Financial Data Management & Reporting: Accurately enter and analyze financial data using advanced accounting software (preferably with SAP). Prepare, analyze, and interpret journal entries, financial documents, reports, and summaries, utilizing professional judgment to ensure accuracy and compliance.
• Audit Management: Coordinate, conduct, and manage the preparation of necessary documentation and support materials for internal and external audits.
• Process Improvement: Exercise discretion to identify and recommend improvements to existing accounting procedures and systems.

Credit Specialist Responsibilities:

This function focuses on managing significant risk related to customer payments, requiring independent judgment in decision-making processes.

• Credit Analysis & Risk Mitigation: Independently evaluate new and existing customer’s financial status, credit history, and payment capabilities to determine the feasibility of granting credit and setting appropriate payment terms, directly managing risk exposure for the company.
• Collections Management & Dispute Resolution: Develop and execute strategies for monitoring delinquent accounts and initiating collection actions. Negotiate and resolve complex billing disputes and account queries, exercising discretion regarding payment options and terms.
• Compliance & Policy Adherence: Ensure all credit and collection activities comply with relevant federal and state laws and company policies, acting as a subject matter expert for credit regulations.
• Records Management: Maintain and manage accurate customer credit files and payment histories, ensuring data integrity for financial reporting.

Required Experience & Qualifications:

• Education & Experience: An associate degree is preferred with a minimum of three (3) years of job-related experience in a professional accounting environment. The required minimum of five (5) years of relevant professional work experience may be substituted for formal education.
• Professional Skills:
• Demonstrated discretion and independentjudgment in resolving complex financial issues.
• Strong analytical skills are essential for high-level financial analysis and risk assessment.
• Proficiency with enterprise accounting software (SAP preferred) and advanced Microsoft Excel skills.
• Exceptional organizational, time management, and problem-solving abilities to manage varied responsibilities autonomously.
• Excellent communication skills for professional interaction and negotiation with clients, vendors, and internal leadership.

Position Details:

This position is an in-office, salaried-exempt role. Due to the nature of the duties and the exercise of significant discretion and independent judgment, this position is not eligible for overtime pay under the Fair Labor Standards Act (FLSA).

• Schedule: M-F (8:00 AM - 5:00 PM)
• Salary Range: $45,000 - $60,000 Annually

Peavey offers an excellent benefits package, competitive wages and tremendous opportunities.

Equal Opportunity Employer

Job Type: Full-time

Pay: $45,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Disability insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person

Salary : $45,000 - $60,000