Accounts Receivable Executive

Copart, Inc. a technology leader and the premier online vehicle auction platform globally, with over 200 facilities located across the world, Copart links vehicle sellers to more than 750,000 buyers in over 190 countries.  We believe in providing an unmatched experience, every day and everywhere, driven by our people, processes, and technology. 

Job Summary:
Responsible for reviewing, validating, and accurately posting wire transactions received from BMO Bank in the Portal, ensuring proper allocation of funds to buyer accounts and timely reconciliation of payments to maintain accuracy and compliance.

Key Responsibilities:

• Actively monitor and process wire payments received in the bank in accordance with the PST schedule, ensuring timely and accurate posting.
• Investigate and identify missing payments by reviewing bank statements and related records, and post payments to the appropriate buyer/member accounts.
• Post wire payments to a parking account when buyer details cannot be identified after thorough verification, maintain accurate tracking of such payments, and provide regular updates to relevant stakeholders for resolution.
• Ensure accurate allocation of wire payments, reconciliation of transactions, and compliance with established procedures and controls
• Coordinate with internal teams and stakeholders to resolve payment discrepancies and ensure timely clearance of outstanding items.
• Correct any incorrect postings by deleting and reassigning them and escalate such cases to the US team.
• To actively work on AR aging report, Relists & Deposits  and follow up with the yards.
• Review and process the Buyer AR mailbox while demonstrating strong teamwork skills.
• Investigate and resolve discrepancies between wire postings and balances.

Key Skills & Requirements:

• Strong attention to detail and accuracy in financial data handling.
• Strong  knowledge of Wire/ACH transactions and reconciliation processes.
• Ability to investigate and resolve discrepancies independently.
• Good understanding of financial systems/portals.
• Effective communication skills for coordination with internal and US teams.
• Time management skills to handle hourly tasks and deadlines.

 

At Copart, we are focused on harnessing the power of diversity, inclusion, and collaboration. By embracing diverse perspectives, we open doors to innovation and unleash the full potential of our team. We are dedicated to fostering a workplace where everyone feels appreciated, included, and inspired to grow and contribute meaningfully.

E-Verify Program Participant: Copart participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program (For U.S. applicants and employees only). Please click below to learn more about the E-Verify program:

• E-verify Participation
• Right to Work