Finance / Accounting Accounts Payable / Accounts Receivable

This role in summary

The Shared Services Specialist will foster relationships with trade customers, vendors, suppliers and internal cross-functional teams supporting Whirlpool's Brand Value Creation, Every Home Everywhere and business strategies.

Currently, we are seeking candidates for positions in Shared Services Accounts Payable, Accounts Receivable, Credit Underwriting (cash cycle for North America operations) and Contract Review.

Positions are available on site at Whirlpool Corporation's Riverview Campus in Southwest Michigan and Knoxville, TN. If you do not live within a commutable driving distance to Benton Harbor, MI candidates must be willing to relocate. Or, for positions available in Knoxville the position may sit remotely in the Knoxville, TN area and candidates must be within a commutable driving distance to Knoxville, TN. The Knoxville team meets in person a few times a year.

These entry-level positions within Shared Services provide career opportunities for upward mobility into Whirlpool’s greater finance or accounting organization.

Your responsibilities will include

Accounts Payable

• Foster relationships with customers/suppliers providing support in the areas of problem resolution and driving continuous improvement with process enhancements.
• Apply credit/payment, perform root-cause analysis of credit/payment issues, prepare and report results of analysis, and monitor and manage reporting and controls involving Finance processes.
• Identifying and reconciling disputed amounts, creating debit/credit memos and generally improving cash flow.

Accounts Receivable

• Collect trade customer accounts receivable payments and take action as necessary with past due balances.
• Identifying and reconciling disputed amounts, problem resolution, initiating debit and credit memos for discrepancy resolution, provide project leadership to improve departmental cash flow and set a positive leadership example for Trade Partner Financial Services (TPFS).
• Interface with trade customers, field sales, logistics, and order entry and deployment functions to develop plans and processes to ensure relationships optimize sales and cash flow.

Credit Underwriting

• Perform credit underwriting, analyze financial statements, manage customer relationships, collaborate with the sales and collections teams, manage credit risk for the company, and administer credit policies and standards.
• Interface with trade customers, field sales, credit/accounts receivable management, and Customer Master teams to develop plans and processes to ensure relationships optimize sales and cash flow.

Contract Review

• Review proposed contract documents to identify issues and mitigate risk and cost to Whirlpool while providing the customer with a positive experience to promote future business.
• Modify agreements and/or prepare addendums; negotiate contracts and/or agreements to comply with Whirlpool Contract Policy.
• Keep informed of current laws, regulations and developments in a variety of areas relevant to construction code and law.
• Advise process partners on contract requirements pertinent to operations to assist in meeting business objectives
• Resolve customer issues to enhance and build relationships internally and externally.

Minimum requirements

• Bachelor Degree in Finance, Accounting or Business (or degree in process with anticipated completion Spring/Summer 2023 in Finance, Accounting or Business)
• 6+ months of experience in Accounting, Finance or Contract Review (academic or internship/co-op or professional work)

Preferred skills and experiences

• 1+ years of experience in accounting and finance.
• Beyond basic understanding of financial statement analysis and interpretation.
• Ability to manage multiple projects on a tight timeline.
• The ability to identify and implement process improvements, prepare and analyze data to provide meaningful recommendations to leadership.
• Excellent communicator, possess good analytical and problem solving skills, act independently and negotiate win-win solutions with a wide range of customers and internal Whirlpool process partners.
• Excellent organizational and presentation skills.
• Excellent computer skills, preferably on a wide range of applications such as Microsoft Office Skills, Excel, Word, Power Point , SAP &;; BW, Google Apps, etc.
• Familiarity with Sarbanes Oxley and U.S. GAAP

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Additional information

For on-site positions at Riverview Campus in Southwest Michigan: Employees in this role can work a hybrid schedule of three core days in office and two days remote. This enables employees to come together to collaborate in-person and gives employees the added flexibility to work remotely.