Full-Time

Manager – Logistics Freight Payments

Posted on 1/17/2025

CarMax

CarMax

10,001+ employees

Retailer of used cars with no-haggle pricing

Automotive & Transportation
Consumer Software
Financial Services

Senior, Expert

Richmond, VA, USA

Hybrid work arrangement.

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
Python
SQL
Tableau

You match the following CarMax's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s Degree Required
  • 5+ years general business experience
  • 2+ years Accounting experience required
  • 1yr+ Project management experience required
  • Proficiency with Tableau, SQL, Python, preferred
Responsibilities
  • Build the annual budget for all of Logistics, partnering internally and with field operations
  • Own relationship with 3rd party freight payment provider including contract negotiations in partnership with Strategic Sourcing, strategic projects, & all payment-related programming
  • Own relationship with 3rd party carrier Accounting leads
  • Ensure payment processing remains compliant with internal audit controls
  • Own accrual management in collaboration with internal Accounting partners to ensure overall financial health of Logistics financials
  • Represent payment and claims interests in carrier sourcing decisions – provide financial outcomes and recommendations to influence field operations decisions
  • Oversee payment processing to reduce risk of delayed payments to ensure Operations continuity
  • Lead initiatives to reduce invoice processing fees including maximum carrier enrollment in AutoPay programming and minimal manual processing
  • Manage freight payment associate(s) & process according to internal performance KPIs
  • Build out full suite of freight payment performance reporting
  • Resolve escalations in a timely manner while also ensuring practices of limited financial exposure are followed across team
  • Build and refine process to financially manage carrier base according to agreed-upon contract performance metrics
  • Ensure the full reconciliation process runs on all revenue programs
  • Build & sustain programs for continuous improvement in payment and revenue reconciliation
  • Leads a team of Analysts to support the overall goals of Logistics
  • Creates a culture of effective and efficient collaboration
  • Supports associate and talent management goals through feedback, talent assessment, and associate development opportunities
Desired Qualifications
  • Supply Chain experience preferred
  • 1yr+ people management experience preferred

CarMax is a leading retailer in the used car market, offering a no-haggle pricing system that allows customers to buy vehicles without the stress of negotiation. The company purchases used cars, reconditions them, and sells them at competitive prices while providing financing options and extended service plans. CarMax stands out from competitors by prioritizing integrity and respect in its hiring practices, actively employing military veterans and offering comprehensive employee benefits. The company's goal is to continuously enhance its services and maintain its position as the largest retailer of used cars in the U.S.

Company Stage

IPO

Total Funding

N/A

Headquarters

Richmond, Virginia

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • CarMax's focus on EV inventory aligns with global sustainability trends, attracting eco-conscious consumers.
  • Partnerships for AI-driven customer service enhance engagement and streamline operations.
  • Expansion into VR showrooms could attract tech-savvy customers and enhance digital shopping.

What critics are saying

  • Competition from online-only platforms like Vroom and Carvana could erode CarMax's market share.
  • Rising interest rates may make financing more expensive, potentially reducing sales.
  • Supply chain disruptions could affect CarMax's inventory levels and sales.

What makes CarMax unique

  • CarMax offers a no-haggle pricing system, ensuring stress-free transactions for customers.
  • The company uses technology to enhance customer experience, including online purchases and appraisals.
  • CarMax is committed to employee well-being, offering comprehensive benefits and military hiring.

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Benefits

Professional Development Budget

Flexible Work Hours

INACTIVE