Job Information
Whirlpool Corporation Finance / Accounting Accounts Payable / Accounts Receivable in Benton Harbor, Michigan
Requisition ID: 64365
ABOUT WHIRLPOOL CORPORATION
Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
This role in summary
The Shared Services Specialist will foster relationships with trade customers, vendors, suppliers and internal cross-functional teams supporting Whirlpool's Brand Value Creation, Every Home Everywhere and business strategies.
Currently, we are seeking candidates for positions in Shared Services Accounts Payable, Accounts Receivable, Credit Underwriting (cash cycle for North America operations) and Contract Review.
Positions are available on site at Whirlpool Corporation's Riverview Campus in Southwest Michigan. If you do not live within a commutable driving distance to Benton Harbor, MI candidates must be willing to relocate at their own expense.
These ENTRY-LEVEL positions within Shared Services provide career opportunities for upward mobility into Whirlpool’s greater finance or accounting organization.
Your responsibilities will include
Accounts Payable
Foster relationships with customers/suppliers providing support in the areas of problem resolution and driving continuous improvement with process enhancements.
Apply credit/payment, perform root-cause analysis of credit/payment issues, prepare and report results of analysis, and monitor and manage reporting and controls involving Finance processes.
Identifying and reconciling disputed amounts, creating debit/credit memos and generally improving cash flow.
Accounts Receivable
Collect trade customer accounts receivable payments and take action as necessary with past due balances.
Identifying and reconciling disputed amounts, problem resolution, initiating debit and credit memos for discrepancy resolution, provide project leadership to improve departmental cash flow and set a positive leadership example for Trade Partner Financial Services (TPFS).
Interface with trade customers, field sales, logistics, and order entry and deployment functions to develop plans and processes to ensure relationships optimize sales and cash flow.
Credit Underwriting
Perform credit underwriting, analyze financial statements, manage customer relationships, collaborate with the sales and collections teams, manage credit risk for the company, and administer credit policies and standards.
Interface with trade customers, field sales, credit/accounts receivable management, and Customer Master teams to develop plans and processes to ensure relationships optimize sales and cash flow.
Contract Review
Review proposed contract documents to identify issues and mitigate risk and cost to Whirlpool while providing the customer with a positive experience to promote future business.
Modify agreements and/or prepare addendums; negotiate contracts and/or agreements to comply with Whirlpool Contract Policy.
Keep informed of current laws, regulations and developments in a variety of areas relevant to construction code and law.
Advise process partners on contract requirements pertinent to operations to assist in meeting business objectives
Resolve customer issues to enhance and build relationships internally and externally.
Minimum requirements
Bachelor’s Degree in Finance, Accounting or Business (or degree in process with anticipated completion Summer/Fall 2024 in Finance, Accounting or Business)
6+ months of experience in Accounting, Finance or Contract Review (academic or internship/co-op or professional work)
Preferred skills and experiences
1+ years of experience in accounting and finance.
Beyond basic understanding of financial statement analysis and interpretation.
Ability to manage multiple projects on a tight timeline.
The ability to identify and implement process improvements, prepare and analyze data to provide meaningful recommendations to leadership.
Excellent communicator, possess good analytical and problem solving skills, act independently and negotiate win-win solutions with a wide range of customers and internal Whirlpool process partners.
Excellent organizational and presentation skills.
Excellent computer skills, preferably on a wide range of applications such as Microsoft Office Skills, Excel, Word, Power Point , SAP & BW, Google Apps, etc.
Familiarity with Sarbanes Oxley and U.S. GAAP
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Additional information
Whirlpool’s Ways of Working
Our goal is to provide an environment that helps you bring your best to Whirlpool every day. We apply ‘always on’ flexibility to all work days. You will have the autonomy to manage personal, family, and outside-of-work commitments as needed. Employees in this role work in person Monday through Thursday with the option to work from anywhere on Friday.
We offer other flexibility and industry-leading time-off benefits that will help you balance what’s important at work and at home, including:
Flexible Friday - Option to work extra hours Monday through Thursday to finish up work early on Friday.
Two-Week Work from Anywhere - Minimum of one-week increments for a total of two weeks per year.
Sabbatical - Four weeks paid leave after every five years of service.
Connect with us and learn more about Whirlpool Corporation
See what it's like to work at Whirlpool by visiting Whirlpool Careers (http://www.whirlpoolcareers.com/) . Additional information about the company can be found on Facebook (http://www.facebook.com/WhirlpoolCorp/) , Twitter (http://twitter.com/whirlpoolcorp) , LinkedIn (http://www.linkedin.com/company/whirlpool-corporation/life/) , Instagram (http://www.instagram.com/whirlpoolcorp/) and YouTube (http://www.youtube.com/user/WhirlpoolCorporation) .
At Whirlpool Corporation, we value and celebrate diversity. Whirlpool Corporation is committed to equal employment opportunity and prohibits any discrimination on the basis of race or ethnicity, religion, sex, pregnancy, gender expression or identity, sexual orientation, age, physical or mental disability, veteran status, or any other category protected by applicable law.
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