Finance Associate Ii

2 days ago

Philadelphia, United States Liquidity Services, Inc. Full time

Company Overview:
Liquidity Services (NASDAQ: LQDT) operates the world’s largest B2B e-commerce marketplace platform for surplus assets, with over $10 billion in completed transactions to more than 5 million qualified buyers worldwide and 15,000 corporate and government sellers. It supports its clients’ sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.

General Summary:
The Finance Associate provides significant customer service for one of our major clients, the Philadelphia Sheriff’s Office, and acts as the “financial bridge” that connects buyers and sellers for settlements, communicating to both parties when funds are received, or in default, etc. The Finance Associate is responsible for the funds of every bidder who submits money for a government sale on Bid4Assets. From a bidder’s initial deposit, through the ultimate collection of settlement funds or the issuance of a refund, the Finance Associate processes funds via our banking, CRM, and financial software, ensuring every dollar is accounted for on its path to a sale or a refund. The Finance Associate also assists with auditing to make sure only qualified bidders gain entry to a sale and that the final totals are correct.

**Responsibilities**:

- Support the Philadelphia Sheriff’s Office by ensuring they are receiving all reporting and support required
- Serve as the main liaison between B4A and our major client to ensure all requests from both sides are handled in a timely manner
- Process transactions including wire transfers, daily reporting, and financial settlement tasks
- Coordinate timing and processing of all payments and work with all parties to ensure everyone is consistently up to date on the status of settlements
- Perform data entry into financial systems and maintain manual records of any exceptions
- Responsible for performing refund support including resolving daily issues, performing research, following up on uncashed checks and bulk refund processing
- Financial support tasks include performing monthly audits, preparing settlements and refunds for assigned clients, reconciling certain balance sheet accounts, and processing credits & invoices
- Research discrepancies from reconciliations and audits performed
- Perform other finance operational duties as assigned

Qualifications:
**Education/ Experience**:

- Four Year Degree in a related field or equivalent experience
- Minimum 2 years of experience in a Finance related position

**Skills**:

- Must have excellent customer service skills
- Excellent verbal and written communication skills required
- Must be highly organized and detail-oriented
- Must have excellent time management skills and be able to self-motivate
- Experience with QuickBooks or similar system
- Intermediate to advanced skills in MS Excel
- Ability to identify areas for improvement and enact changes

**Ability**:

- Must be able to work productively in a fast-paced environment, meet deadlines and perform well under pressure
- Must be a strong multi-tasker and able to prioritize duties
- Must be able to self-motivate

**Location(s)**: Greater Philadelphia Region - Will work out of the Philadelphia Sheriff’s Office, located in the Land Title Building at 100 S. Broad St., during normal business hours.

**Travel**: None

**_Disclaimer_**: The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Liquidity Services Inc. reserves the right to modify position duties at any time due to business necessity.

**Liquidity Services is an Equal Opportunity Employer.

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