Marketplace Reconciliation Lead

2 months ago

Greenwood Village, Colorado, United States Pax8 Full time

Pax8 is the leading cloud-based technology marketplace, simplifying the cloud journey for our partners by integrating technology, business intelligence and proactive service to deliver an unparalleled experience. Serving thousands of partners through the indirect sales channel, our mission is to be the world's favorite place to buy cloud products. We are a fast-growing, dynamic and high-energy startup organization, allowing you to make a meaningful impact on the business. Culture is important to us, and at Pax8, it's business, and it IS personal. We are passionate, creative and humorously offbeat. We work hard, keep it fun, and expect the best.

We Elev8 each other. We Advoc8 for our partners. We Innov8 continuously. We Celebr8 life.

No matter who you are, Pax8 is a place you can call home. We know there's no such thing as a "perfect" candidate, so we don't look for the right "fit" – instead, we look for the add. We encourage you to apply for a role at Pax8 even if you don't meet 100% of the bullet points. We believe in cultivating an environment with a diversity of perspectives, in hopes that we can all thrive in an inclusive environment.

We are only as great as our people. And we have great people all over the world. No matter where you live and work, you're a part of the Pax8 team. This means embracing hybrid- and remote-work whenever possible.


Position Summary:

The Marketplace Reconciliation Lead works within the Marketplace Operations Group, leading sustainable vendor reconciliation efforts in Pax8's Marketplace. As the senior member of the new Marketplace Reconciliation Team, they play a central role in evaluating, prioritizing, and implementing solutions to remediate financial and subscription discrepancies with Pax8's vendors. The Lead collaborates closely with our corporate Finance team, working to coordinate and engage global internal stakeholders to support business growth and ensure the integrity of our financial statements. They have a strong analytical mindset, excellent problem-solving skills, and experience in finance and/or accounting.

Essential Responsibilities:

  • Support and engage with the vendor reconciliation process, ensuring transactions are accurately recorded and discrepancies are resolved.
  • Establish robust reconciliation controls and procedures to mitigate financial risks and ensure compliance with regulatory requirements.
  • Proactively seeking opportunities to enhance reconciliation processes, automate repetitive tasks, and improve efficiency through technology and best practices.
  • Analyze reconciliation data to generate actionable insights and prepare comprehensive reports for management review and decision-making.
  • Track key performance indicators (KPIs) related to reconciliation accuracy, cycle time, and resolution of outstanding items to drive operational excellence.
  • Act as the lead for identifying, evaluating, and prioritizing operational fixes for identified discrepancies with vendors.
  • Work closely with our corporate Finance team to aggregate and analyze data, mobilizing internal stakeholders.
  • Support internal and external reconciliation efforts by providing necessary documentation and data.
  • Collaborate with global internal stakeholders, including Finance, Sales, and Vendor teams, to foster continued business maturity, financial accuracy, and enable recovery of potential lost revenue.
  • Develop and implement sustainable reconciliation practices to maintain the integrity of financial statements.
  • Contribute to projects focused on developing long-term, product-based reconciliation solutions.

Ideal Skills, Experience, and Competencies:

  • At least five (5) years of experience working with complex data sets and analysis.
  • Exposure to Data Engineering or Analytics Engineering practices.
  • Ideally, prior experience in a marketplace environment (e.g., e-commerce, digital platforms) is beneficial. Understanding transactional flows, revenue recognition, and seller/buyer dynamics adds value.
  • Ability to work with financial software and ERP systems (e.g., SAP, Oracle) to extract and analyze data. Proficiency in Microsoft Excel or similar spreadsheet software is essential for data manipulation and analysis.
  • Familiarity with Data Visualization Tools (e.g., PowerBI)
  • Ability to manage multiple reconciliation projects simultaneously, prioritize tasks effectively, and meet deadlines in a fast-paced environment.
  • Proficiency in data analysis and interpretation to identify discrepancies and trends. Experience with data reconciliation tools and techniques is beneficial.
  • Effective communication, both written and verbal, is crucial for explaining financial discrepancies, collaborating with stakeholders, and presenting reconciliation results to leadership.
  • Exceptional analytical, strategic, planning, organization, and time management skills to effectively execute project plans.
  • Possesses strong business acumen with the ability to think from an overall "best for the business" perspective.
  • Ability to demonstrates initiative and be results oriented.
  • Ability to manage competing priorities across multiple functional areas.
  • Ability to adapt approach and demeanor in real time to match the shifting demands of different situations.
  • Ability to take a broad view when approaching issues using a global lens.
  • Ability to be self-motivated and independent.

Required Education & Certifications:

  • B.A./B.S. in a related field or equivalent work experience

Compensation:

  • Qualified candidates can expect a salary beginning at $83,000 or more depending on experience

Expected Closing Date: 7/25/24


#LI-Remote #LI-JF1 #BI-Remote #DICE-J


*** Colorado law requires an estimated closing date for job postings. Please don't be discouraged from applying if you see this date has passed ***

*Note: Compensation is benchmarked on local Denver Metro area market rates. Qualified candidates in other locations can expect a salary package that may be adjusted based off applicable cost of wages in their respective location.

At Pax8 we believe that your Total Rewards should include a benefits package that shows how much we value our greatest assets. All FTE Pax8 people enjoy the following benefits:

  • Non-Commissioned Bonus Plans or Variable Commission
  • 401(k) plan with employer match
  • Medical, Dental & Vision Insurance
  • Employee Assistance Program
  • Employer Paid Short & Long Term Disability, Life and AD&D Insurance
  • Flexible, Open Vacation
  • Paid Sick Time Off
  • Extended Leave for Life events
  • RTD Eco Pass (For local Colorado Employees)
  • Career Development Programs
  • Stock Option Eligibility
  • Employee-led Resource Groups

Pax8 is an EEOC Employer.

Equal Opportunities

Pax8 is an equal opportunities employer and welcome individuals who are in possession of the appropriate requirements to work within the country the role is based in. Offered individuals will b asked to undertake identity, security compliance and reference checks. Your privacy is important to us. Your data will be held in accordance with Data Privacy best practices and processed only in accordance with our recruiting processes.

Job Applicant Privacy Notice

#LI-Hybrid

#LI-WP1

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