Full-Time

Senior Client Payment Specialist

Confirmed live in the last 24 hours

Sotheby’s

Sotheby’s

1,001-5,000 employees

Auction house for fine art

Real Estate
Consumer Goods

Compensation Overview

$60k - $75kAnnually

+ Bonus

Senior

New York, NY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking

You match the following Sotheby’s's candidate preferences

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

Degree
Experience
Requirements
  • 4 years of relevant accounting, finance or payment experience required
  • Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or related field preferable
  • Direct line management experience preferable
  • Experience in business process review and project management
  • Superior interpersonal, communication and client service skills
  • High level of attention to detail and good reconciliation skills
  • Structured and practical thinking, with excellent resourcefulness and problem-solving skills
  • Calm demeanor, especially under pressure, with ability to handle difficult client situations and effectively prioritize
  • Demonstrate high organizational skills, as well as creative thinking, capacity to adapt and innovate
  • Comfortable with complexity and ambiguity
  • Highest standard of confidentiality, discretion and work ethic
  • Ability to develop and manage working relationships across business functions globally
  • Understanding of global banking systems and foreign currency payments
Responsibilities
  • Assist department Head to oversee the settlement of client payments and associated processes
  • Work as a team with Client Payment Specialists to manage the sale settlement process for all auction & private sales, and process periodic outgoing payment runs
  • Review client payments from a credit control, audit and compliance perspective
  • Ensure clients are paid promptly and in accordance with any agreed terms
  • Ensure Sotheby’s Corporate Governance, Compliance and AML policies are always adhered to
  • Assist the Head of Client Payments and Treasury department in payment forecasting and cash management
  • Manage foreign currency payment requests and currency purchases via our Global Trading Company
  • Promptly answer and resolve inquiries from clients and internal departments, and oversee department correspondence
  • Handle escalations, work with Client Payment Specialists to investigate, liaise with relevant stakeholders internally or externally (eg. banks) and senior levels of management as required
  • Work with Sotheby’s Financial Services on complex client payment scenarios
  • Complete Ad hoc requests and projects as needed by Head of Client Payments / Cash Operations, such as audit requests
Desired Qualifications
  • Prior experience with SAP is desirable
  • Multi-lingual skills are a plus

Sotheby's is a global auction house that specializes in selling fine art, luxury items, and collectibles through live and online auctions. The company also offers private sales, allowing for direct transactions between sellers and buyers. Sotheby's distinguishes itself with its expertise in valuing rare items and providing online estimates for potential sellers. The goal is to create a personalized and exclusive experience for clients, whether they participate in public auctions or private sales.

Company Stage

IPO

Total Funding

$4M

Headquarters

New York City, New York

Founded

1744

Simplify Jobs

Simplify's Take

What believers are saying

  • Sotheby's collaboration with The Luxury Group offers unique luxury auction experiences.
  • The acquisition of the Breuer building enhances Sotheby's brand and auction venue prestige.
  • Sotheby's acceptance of cryptocurrency payments attracts crypto-wealthy buyers.

What critics are saying

  • NFT market volatility poses financial risks for Sotheby's digital collectibles sales.
  • Recent staff layoffs indicate potential financial instability or auction performance downturn.
  • The $100 million Breuer building acquisition could strain financial resources if unprofitable.

What makes Sotheby’s unique

  • Sotheby's offers both live and online auctions, catering to diverse client preferences.
  • The company provides private sales for clients seeking privacy and exclusivity in transactions.
  • Sotheby's expertise in valuing rare items attracts high-end collectors and investors.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

Professional Development Budget