8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238

CarMax, the way your career should be! 

About this job

The Manager of Logistics Freight Payment oversees the processes responsible for approx. $200M+ in Transport spend and revenue reconciliation. The Manager is responsible for the third-party freight payment vendor relationship along with direct reports. This role is critical to ensure the accuracy and accountability for vendor payment, internal audit compliance, transport accruals, revenue reconciliation & freight spend management. The Manager will develop and grow internal & external partnerships, manage escalations to resolution, and ensure the overall financial health of CarMax Logistics.

What you will do – Essential Responsibilities

Freight Payment & Reconciliation ManagementBuild  the annual budget for all of Logistics, partnering internally and with field operationsOwn relationship with 3rd party freight payment provider including contract negotiations in partnership with Strategic Sourcing, strategic projects, & all payment-related programmingOwn relationship with 3rd party carrier Accounting leadsEnsure payment processing remains compliant with internal audit controlsOwn accrual management in collaboration with internal Accounting partners to ensure overall financial health of Logistics financialsRepresent payment and claims interests in carrier sourcing decisions – provide financial outcomes and recommendations to influence field operations decisionsOversee payment processing to reduce risk of delayed payments to ensure Operations continuityLead initiatives to reduce invoice processing fees including maximum carrier enrollment in AutoPay programming and minimal manual processingManage freight payment associate(s) & process according to internal performance KPIsBuild out full suite of freight payment performance reportingResolve escalations in a timely manner while also ensuring practices of limited financial exposure are followed across teamBuild and refine process to financially manage carrier base according to agreed-upon contract performance metricsRevenue & Process ImprovementEnsure the full reconciliation process runs on all revenue programsBuild & sustain programs for continuous improvement in payment and revenue reconciliationAssociate Development and Team LeadershipLeads a team of Analysts to support the overall goals of LogisticsCreates a culture of effective and efficient collaborationSupports associate and talent management goals through feedback, talent assessment, and associate development opportunities

Purpose of the role

The Manager, Logistics Freight Payment owns the freight spend and revenue reconciliation for our $200M+ Logistics operation.  The manager will directly manage and develop team member(s) to independently manage financials in a timely, audit-aligned manner while also limiting financial exposure of our Logistics budget.

Qualifications and Requirements

Bachelor’s Degree Required5+ years general business experience2+ years Accounting experience requiredSupply Chain experience preferred1yr+ people management experience preferred1yr+ Project management experience requiredProficiency with Tableau, SQL, Python, preferred

Work Location and Arrangement: This role will be based out of the Richmond, VA Home Office and have a Hybrid work arrangement.

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community.  We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

Our Commitment to Diversity and Inclusion:

CarMax is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe, welcoming, and inclusive work environment.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.