Full-Time

Client Payment Specialist

Updated on 4/9/2024

Sotheby’s

Sotheby’s

1,001-5,000 employees

Global auction house for art and collectibles

Consumer Goods

Compensation Overview

$50,000 - $60,000Annually

+ Discretionary Bonus + Competitive Benefits Package

Junior

New York, NY, USA

Required Skills
Sales
Communications
SAP Products
Requirements
  • Bachelor's Degree
  • 2 years of relevant accounting, finance or payment experience
  • Strong interpersonal and communication skills
  • Good numeracy skills
  • Strong organizational skills and follow through
  • High level of attention to detail and good reconciliation skills
  • Logical and practical thinking
  • Calm demeanor, especially under pressure
  • Exceptional oral and written communication skills
  • Understanding of global banking systems and foreign currency payments
  • Prior experience with SAP is desirable
  • Good working knowledge of Microsoft Office particularly Word, Excel, Outlook
  • Multi-lingual skills are a plus
Responsibilities
  • Manage the sale settlement process for all auction & private sales
  • Generate outgoing client payment runs daily
  • Ensure client payment instructions are entered appropriately and verbally verified when required
  • Ensure clients are paid promptly and in accordance with any agreed terms
  • Ensure Corporate Governance policies are always adhered to
  • Reconcile incoming and outgoing payments daily
  • Manage payment requests and currency purchases via our Global Trading Company
  • Promptly answer and resolve inquiries from clients and internal departments
  • Manage the remittance of checks & payment advices
  • Liaise with our Treasury department to resolve client payment issues and assist with cash management
  • Work with Sotheby’s Financial Services on complex client payment scenarios
  • Complete Ad hoc requests and projects as needed by Credit Manager / PSS Management

Sotheby's is a luxury marketplace and auction house that offers a global platform for fine art, rare objects, and collectibles, supported by advanced digital platforms for online auctions and sales, providing a trusted and dynamic secondary market for collecting, buying, and selling remarkable digital works. The company utilizes advanced digital platforms for online auctions and sales, providing a trusted and dynamic secondary market for collecting, buying, and selling remarkable digital works.

Company Stage

N/A

Total Funding

$4M

Headquarters

New York, New York

Founded

1744

Growth & Insights
Headcount

6 month growth

1%

1 year growth

8%

2 year growth

16%