Full-Time

AR Coordinator

Posted on 6/27/2025

LKQ

LKQ

5,001-10,000 employees

Global distributor of aftermarket vehicle parts

Compensation Overview

$20/hr

Newark, NJ, USA

In Person

Category
Accounting (1)
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • High School Diploma/GED
  • 2+ years of accounts receivable experience
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals
  • Frequent use of Outlook, Word, Excel, graphics, etc.
  • Ability to create, maintain, and incorporate functions into Word documents, Excel spreadsheets, databases, and PowerPoint presentations
  • Regularly uses moderately complex oral and written skills
  • Ability to handle multiple tasks or projects simultaneously with moderate complexity
Responsibilities
  • Prepare, record, verify, and pay accounts receivable transactions, and post customer payments timely
  • Maintain, analyze, and reconcile accounts receivable ledger accounts, financial statements, and reports
  • Develop, direct, plan, and evaluate accounts receivable policies and procedures, and ensure external and internal controls and policies are adhered to
  • Apply payments received by customers, servicers, and other identities
  • Prepare and organize documentation to record check, credit card, and PayPal payments efficiently and effectively from customers timely
  • Maintain a key list of internal and external contacts for each account
  • Identify opportunities for process improvements
  • Assume other duties as assigned

LKQ is a global distributor that supplies vehicle parts and accessories for cars and trucks. It sells aftermarket, recycled and salvaged parts, as well as specialty equipment, to repair shops and retail customers who repair, maintain, or customize vehicles. Its parts come from a wide range of suppliers and are distributed through a large network to repair shops, collision centers, and individuals. The way the products work is straightforward: customers order parts, LKQ sources them (including recycled or salvaged options when available), and ships them to the customer for installation or use. LKQ differentiates itself through its broad, global catalog and mix of new, aftermarket, and recycled parts, offering a one-stop source for repairing and upgrading vehicles. The company’s goal is to be a leading, reliable supplier that helps customers quickly find and obtain the parts they need to fix, service, or customize vehicles.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Arizona

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Near-record alternative-parts utilization supports recovery in repairable claims.
  • Major ERP migration completed in April improves operating discipline and efficiency.
  • Cost-cutting targets over $50 million annual savings, aiding margin recovery.

What critics are saying

  • FinishMaster integration dispute exposes customer losses and weak North American paint execution.
  • OEM safety systems reduce collisions, shrinking long-term aftermarket and recycled-part demand.
  • Tariff-driven cost inflation pressures volumes, margins, and free cash flow.

What makes LKQ unique

  • Global scale spans aftermarket, recycled, rebuilt, and remanufactured auto parts.
  • LKQ Europe generated $6.4 billion revenue in 2024, reinforcing geographic breadth.
  • Specialty segment growth offsets weaker North America and Europe core distribution.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Parental Leave

Fertility Treatment Support

401(k) Company Match

Company Paid Life Insurance

Short-Term Disability

Employee Assistance Program

Tuition Reimbursement

Employee Discounts

Company News

LKQ Europe
Apr 2nd, 2026
LKQ Europe acquires ACtronics to expand electronic vehicle component repair and remanufacturing

LKQ Europe has acquired ACtronics, a leading European specialist in repairing and remanufacturing automotive electronic components. Founded in 2005 and based in Almelo, Netherlands, ACtronics repairs complex vehicle electronics including ABS/ESP units, instrument clusters, transmission and engine control units, and EV specialist components. The acquisition strengthens LKQ Europe's existing circular economy operations, which include vehicle salvage, EV battery repair and remanufactured powertrain components. ACtronics operates exclusively in the B2B aftermarket, serving workshops, dealers and distributors across Europe. LKQ Europe employs around 25,000 people and operates over 900 branches across 18 European countries. The company aims to provide cost-effective, sustainable alternatives to new replacement parts as vehicles become increasingly complex and component costs rise.

Yahoo Finance
Mar 20th, 2026
Petrus Trust bets $16M on LKQ as auto parts distributor's earnings fall 50% amid 31% stock decline

Petrus Trust Company initiated a $15.70 million position in LKQ, purchasing 520,000 shares in the fourth quarter, according to a 17 February SEC filing. The automotive parts distributor now represents 1.59% of the fund's reportable assets. LKQ shares have fallen 31% over the past year to $28.11, significantly underperforming the S&P 500's 16% gain. The company's fourth-quarter results showed revenue rising modestly to $3.3 billion from $3.2 billion year-on-year, but net income dropped to $75 million and diluted earnings per share fell 50% to $0.29. Despite earnings pressure, LKQ generated $1.1 billion in operating cash flow and $847 million in free cash flow for the full year. Management is implementing cost-cutting measures expected to deliver over $50 million in annual savings.

Yahoo Finance
Mar 8th, 2026
Barrington raises LKQ price target 12% to $45-50, keeps Outperform rating

Barrington has raised its price target for LKQ Corporation to $45-$50 from $40-$45, maintaining an Outperform rating on the stock. The analyst updated its sum-of-the-parts valuation following the company's fourth-quarter 2025 results. LKQ reported challenging Q4 results on 19 February, facing soft demand in North America and Europe. Diluted earnings per share fell 50% year-on-year to $0.29, whilst adjusted diluted EPS declined 24% to $0.59, missing analyst expectations of $0.65. Segment EBITDA dropped 18% to $321 million. The earnings decline stemmed from rising costs due to higher tariffs in North America and increased expenses in Europe, forcing price increases that reduced sales volumes in both regions. Gross margins contracted as LKQ chose not to fully pass costs on to consumers.

Yahoo Finance
Mar 6th, 2026
Kettle Hill dumps 777K LKQ shares worth $23.4M amid activist pressure

Kettle Hill Capital Management sold 777,476 shares of LKQ during the fourth quarter, worth approximately $23.45 million, according to a 17 February SEC filing. The transaction reduced LKQ to 2.6% of Kettle Hill's assets under management, down from 8% in the prior quarter. As of 17 February, LKQ shares traded at $32.51, down 16.8% over the past year and trailing the S&P 500 by 28.8 percentage points. The automotive parts distributor has been under pressure from activist investor Ananym Capital since October to sell business units. LKQ has engaged Bank of America to help sell its Keystone Automotive Industries division, potentially worth $1 billion. Reuters reported in January that the company's board is exploring strategic options, including a potential sale.

Yahoo Finance
Mar 5th, 2026
LKQ shares down 21% over year despite 48% discount to intrinsic value

LKQ, a vehicle parts distributor with $13.7 billion in revenue, has seen its shares decline 21% over the past year, though the stock has gained 11% in the past three months. Trading at $32.07, the shares have posted a year-to-date return of approximately 6.8%. According to analyst valuations, LKQ appears undervalued with a fair value estimate of $52.80, suggesting potential upside of roughly 28%. The company generates $596 million in net income serving repair shops, dealerships and retail customers across North America and Europe. The investment case depends on steady revenue growth and margin expansion in LKQ's parts distribution business. However, risks include potential volume declines from advanced driver assistance systems reducing collisions and operational challenges in its European operations.

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