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Genuine Parts Company

Distributes automotive and industrial replacement parts

Global Process Owner - AR

Accounts Payable/ReceivablePosted on Nov 12
Full-timeAtlanta, GA, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a related field is required.
  • At least 10 years of accounts receivable experience is required, including at least 3 years in global process ownership or a similar role.
  • Strong understanding of accounts receivable best practices, principles, and technologies is required.
  • Experience with enterprise resource planning systems such as SAP or Oracle, and accounts receivable automation tools, is required.
  • Proven ability to lead and manage change in a complex, global organization is required.
  • Ability to manage cross-functionally across accounts receivable is required.
  • The position requires prolonged periods sitting at a desk and working on a computer, and the ability to stand and walk short distances between work sites.
  • The position requires working in a corporate office setting.

Responsibilities

  • Develop and execute a global accounts receivable strategy aligned with the company's objectives.
  • Establish key performance indicators and metrics to measure the effectiveness of accounts receivable processes.
  • Provide direction in achieving operational excellence and service delivery.
  • Define, document, and maintain global standard operating procedures for accounts receivable processes, including credit decisioning, customer master data management, cash applications, collections, and accounts receivable-related reporting.
  • Identify and implement process improvements using technology, automation, and best practices to streamline operations and enhance efficiency.
  • Lead the evaluation and implementation of new accounts receivable technologies and systems, ensuring seamless integration with existing financial systems.
  • Collaborate with regional and divisional finance teams to ensure global process adoption and adherence.
  • Establish and monitor key performance indicators to track accounts receivable process performance, identify bottlenecks, and drive continuous improvement.
  • Develop and maintain a strong internal control environment for accounts receivable, ensuring compliance with Sarbanes-Oxley requirements and other relevant regulations.
  • Partner with internal and external auditors to facilitate audits and address findings.
  • Influence and collaborate with regional accounts receivable leads, process owners, and process improvement staff to drive operational excellence in processes and people.
  • Contribute to the assessment of employees' work output related to projects or initiatives.
  • Serve as the primary point of contact for accounts receivable matters, providing guidance and support to internal stakeholders.
  • Collaborate with IT, Operations, Treasury, and other relevant functions to ensure seamless end-to-end process execution.
  • Build strong relationships with key vendors and service providers.
  • Communicate accounts receivable-related updates, changes, and initiatives to stakeholders across the organization.

Desired Qualifications

  • Lean Six Sigma or other process improvement certifications are a plus.

About the Company

Genuine Parts Company

Distributes automotive and industrial replacement parts

Genuine Parts Company is a global distributor of automotive and industrial replacement parts, organized into two main segments: Automotive Parts Group and Industrial Parts Group. It sells high-quality replacement parts and value-added solutions through a network of over 10,700 locations across 17 countries, serving automotive repair shops, industrial manufacturers, and other service providers. Parts and solutions are delivered via its extensive distribution network, built on strong supplier relationships, and revenue comes from the sale of parts and related services. The company’s scale and multi-country presence differentiate it from competitors, enabling it to meet a wide range of customer needs. Its goal is to provide reliable replacement parts and related services worldwide by leveraging its large distribution footprint and supplier partnerships.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Atlanta, GA
Founded
1925

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