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Digital Accounts Receivable Specialist

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Paramount Pictures

17d ago

  • Job
    Full-time
    Mid Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Louisville

AI generated summary

  • You should have 3+ years in a similar role, knowledge of accounting principles, strong Excel skills, analytical abilities, excellent communication, relationship-building skills, and Oracle experience.
  • You will manage a $100M Digital Collections portfolio, resolve discrepancies, support customer requests, investigate disputes, meet cash collection targets, and assist with reconciliations and credit evaluations.

Requirements

  • 3+ years of relevant working experience in a similar role.
  • General knowledge of accounting principles.
  • Strong detail-orientation with a penchant for data accuracy.
  • Strong knowledge of Microsoft Excel & Word.
  • Strong Analytical and problem-solving skills.
  • Self-motivator and innovative.
  • Excellent communication and presentation skills with ability to create and deliver findings, presentations, and reports to senior management.
  • Exemplary relationship builder who is consultative in nature and able to quickly form partnerships with colleagues and customers.
  • Ability to operate in a fast-paced environment and meet critical deadlines.
  • Experience in Oracle
  • Experience in the online entertainment industry a plus!

Responsibilities

  • Oversee and manage a Digital Collections portfolio of approx. $100M includes actively resolving discrepancies & translating to cash.
  • Performing follow-ups on accounts with significant aging or past due amounts.
  • Supporting customers ad-hoc requests (statement of accounts, invoice copies, backup documentation, accounts reconciliations, etc.)
  • Investigate and resolve customer disputes/issues by working with Client Services, Sales Teams, and other departments, as needed.
  • Ability to work closely with the Billing Analyst on invoices that need to be re-billed.
  • Meeting individual cash collection targets (Aging, DSO, % of Overdue, etc.)
  • Providing immediate escalation of any concerns such as changes in the customers payment trends.
  • Assists in A/R related special projects including unapplied cash reconciliations, trends, discrepant reports, and accounts at risk.
  • Supporting the Cash Application team in the account reconciliation process (addressing cash application issues and following-up with customers on missing documentation & remittances).
  • Review Credit Applications from Clients applying for credit.
  • Perform credit line evaluation, monitor payment patterns, and order review.
  • Set up credit files and send applications to outside payment vetting service.
  • Assist the collection team on collection issues such as providing contact info.
  • Prepare digital refund requests.
  • Work with management to provide accurate cash forecast models.
  • Other duties as assigned by management.
  • Reconcile accounts on a timely basis by quickly and consistently following up on unidentified cash receipts and credits.
  • Support OTC Projects like sending a Discrepant Report to Sales, updating Check Expected Report, and Reconciling Aged Transactions.

FAQs

What is the primary responsibility of the Digital Accounts Receivable Specialist?

The primary responsibility is to manage collections of outstanding accounts receivable, resolve customer billing problems, and reduce accounts receivable delinquency.

How large is the digital collections portfolio managed by this role?

The digital collections portfolio is approximately $100 million.

What is required of applicants in terms of experience?

Applicants should have 3+ years of relevant working experience in a similar role.

What skills are emphasized for this position?

Strong analytical and problem-solving skills, attention to detail, proficiency in Microsoft Excel and Word, and excellent communication and presentation skills are emphasized.

Is experience in the online entertainment industry relevant for this position?

Yes, having experience in the online entertainment industry is considered a plus.

Will the Digital Accounts Receivable Specialist need to work with other teams?

Yes, the specialist will work closely with Client Services, Sales Teams, and other departments as needed to investigate and resolve customer disputes.

What are the performance metrics the specialist needs to meet?

The specialist is expected to meet individual cash collection targets such as Aging, Days Sales Outstanding (DSO), and percentage of overdue accounts.

Does this company support equal opportunity employment?

Yes, Paramount Global is an equal opportunity employer and is committed to providing opportunities without regard to various characteristics including race, gender, and disability.

Are there additional duties associated with the role?

Yes, the role includes assisting in accounts receivable related special projects, reconciliations, and supporting the cash application team.

What tools or software should candidates be familiar with?

Candidates should have a strong knowledge of Microsoft Excel and Word, and experience with Oracle is preferred.

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Paramount Pictures

We Are Paramount

Entertainment & Media
Industry
1001-5000
Employees
1971
Founded Year

Mission & Purpose

Founded in 1912, Paramount Pictures works with the entertainment industry’s biggest filmmakers and brightest stars to produce and distribute entertainment around the world. The iconic Paramount logo has opened some of the most successful and beloved films in cinematic history, including timeless classics such as Sunset Boulevard, The Godfather, Forrest Gump and Ferris Bueller’s Day Off; and blockbuster franchises such as Star Trek, Transformers, and Mission: Impossible. Recent innovative break-out films such as Interstellar, Arrival, A Quiet Place and Rocketman have further elevated Paramount’s film legacy. On the small screen, Paramount Television Studios’ Defending Jacob, 13 Reasons Why, The Alienist: Angel of Darkness and Tom Clancy’s Jack Ryan have also been thrilling audiences. With a beautiful 65-acre lot in the heart of Hollywood, a worldwide network of offices and a culture of engagement, Paramount’s passionate employees ensure the studio continues to deliver creativity and innovation to a dynamic industry. Paramount is a subsidiary of ViacomCBS, which reaches 700 million global subscribers through MTV, Nickelodeon, Comedy Central, BET and other media networks.

Benefits

  • Health

    Working here includes health and wellness programs, vision plans, childcare and more. Comprehensive health, dental, vision and life insurance plans for employees and their families, including domestic partners. Health saving and flexible spending accounts. A plethora of health and wellness programs for all fitness levels and lifestyles

  • Wealth

    Competitive 401(k) plan with a company match. Tuition Assistance. Financial Wellness Planning

  • Self

    Family-centered programs such as backup childcare and eldercare, adoption and family building assistance. Employee Assistance Program. Employee discounts and perks. Commuter program including a bicycle commuter reimbursement