Marketplace Settlements Specialist - Payments

If you are looking for a career at a dynamic company with a people-first mindset and a deep culture of growth and autonomy, ACV is the right place for you! Competitive compensation packages and learning and development opportunities, ACV has what you need to advance to the next level in your career. We will continue to raise the bar every day by investing in our people and technology to help our customers succeed. We hire people who share our passion, bring innovative ideas to the table, and enjoy a collaborative atmosphere.

Who We Are

ACV is a technology company that has revolutionized how dealers buy and sell cars online. We are transforming the automotive industry. ACV Auctions Inc. (ACV), has applied innovation and user-designed, data driven applications and solutions. We are building the most trusted and efficient digital marketplace with data solutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable. We are disruptors of the industry and we want you to join us on our journey. Our network of brands include ACV Auctions, ACV Transportation, ClearCar, MAX Digital and ACV Capital within its Marketplace Products, as well as, True360 and Data Services.

ACV Auctions in Chennai, India are looking for talented individuals to join our team. As we expand our platform, we're offering a wide range of exciting opportunities across various roles in corporate, operations, and product and technology. Our global product and technology organization spans product management, engineering, data science, machine learning, DevOps and program leadership. What unites us is a deep sense of customer centricity, calm persistence in solving hard problems, and a shared passion for innovation. If you're looking to grow, lead, and contribute to something larger than yourself, we'd love to have you on this journey. Let's build something extraordinary together. Join us in shaping the future of automotive!

At ACV we focus on the Health, Physical, Financial, Social and Emotional Wellness of our Teammates and to support this we offer industry leading benefits and wellness programs.

Who We Are Looking For

The Marketplace Settlements Specialist provides support for various financial activities within the assigned department. This role is primarily responsible for assisting with the preparation and review of financial statements and information, conducting reconciliations, maintaining and analyzing financial data, and supporting the development of standard operating procedures and best practices related to accounting and finance.

What You Will Do

• Actively and consistently support all efforts to simplify and enhance the customer experience.
• Assist with the preparation and review of financial statements, including balance sheets, income statements, and cash flow statements.
• Conduct reconciliation of accounts; provide resolution to discrepancies or issues.
• Process and record accounts payable, accounts receivable, or complex customer transactions.
• Monitor and analyze financial data, ensuring accuracy and completeness.
• Manually maintain day-to-day operations while leading initiatives to develop systemic solutions for emerging products and services.
• Manage large / sensitive Major Account and Commercial clients while providing excellent customer service.
• Reconcile cash clearing accounts to ensure accuracy of payment application processes.
• Create and document procedures and policies pertaining to Payments and Accounting Operations in collaboration with management. Develop and maintain standard operating procedures for new products and services.
• Communicate effectively with teams across the organization in order to deliver exceptional customer service
• Support and maintain the development of payment processes that adhere to internal controls and external expectations.
• Perform additional duties as assigned.

What You Will Need

Please note that this position will support US business hours.

Our Values

Trust & Transparency | People First | Positive Experiences | Calm Persistence | Never Settling

At ACV, we are committed to an inclusive culture in which every individual is welcomed and empowered to celebrate their true selves. We achieve this by fostering a work environment of acceptance and understanding that is free from discrimination. ACV is committed to being an equal opportunity employer regardless of sex, race, creed, color, religion, marital status, national origin, age, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information, disability, military status, status as a veteran, or any other protected characteristic. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you have a disability or special need that requires reasonable accommodation, please let us know.

Data Processing Consent

When you apply to a job on this site, the personal data contained in your application will be collected by ACV Auctions Inc. and / or one of its subsidiaries ('ACV Auctions'). By clicking 'apply', you hereby provide your consent to ACV Auctions and / or its authorized agents to collect and process your personal data for purpose of your recruitment at ACV Auctions and processing your job application. ACV Auctions may use services provided by a third party service provider to help manage its recruitment and hiring process. For more information about how your personal data will be processed by ACV Auctions and any rights you may have, please review ACV Auctions' candidate privacy notice here. If you have any questions about our privacy practices, please contact [HIDDEN TEXT].

Skills Required

Reconciliation, Accounts Payable, Accounts Receivable, Microsoft Office Suite