Otc Analyst, Collections

Job Description

Overview & Responsibilities:

Collection Analyst is responsible for maintaining a large volume Ad Sales portfolio, which includes managing, identifying & resolving discrepancies, along with maintaining an acceptable payment pattern and relationship with clients. The Collector will be challenged to use multiple collection methods/techniques in order to maximize cash flow and minimize bad debt risk. The Collector is a key player in the organization and impacts Paramount Global' bottom line. The role is in the Order to Cash organization based in in New York.

Reporting structure- Manager, Ad Sales Collections –OTC, New York

Responsibilities include but are not limited to:
• Oversee Linear Cable Collections portfolio of approx. $100M –includes actively resolving discrepancies & translating to cash
• Actively collect $100.0M of Ad Sales Linear receivables.
• Contacting customers for the prompt collection or resolution of the aged receivables using email, telephone calls,
• Keeping adequate records of call contacts with customers
• Performing follow-up's on accounts with significant aging or past due amounts
• Managing & solving customer discrepancies (ensuring proper communication with ad sales, csr's & stakeholders)
• Meeting individual cash collection targets (Aging, DSO, % of Overdue, etc.)
• Providing the management team with periodic cash forecast projections
• Working closely with other departments/functions to understand the specific issues causing payment delays; also directly involved in determining the most appropriate course of action (account holds, payment plans, etc.)
• Preparing routine reports for the management team,
• Organize and participate in the periodic aging reviews with Director
• Supporting customer's ad-hoc requests (statement of accounts, invoice copies, backup documentation, accounts reconciliations, etc.)
• Working closely with various department, playing an active role during month end close activities
• Ensuring that Accounts Receivable ledgers are properly managed
• Supporting the Cash Application team in the account reconciliation process (addressing cash application issues and following-up with customers on missing documentation & remittances)
• Providing detailed backup explanation of AR balances to both internal & external auditors
• Prepare VP Discrep Sheets
• Providing immediate escalation of any concerns such as changes in the customer's payment trends
• Prepare linear refund requests
• Advise Credit department in a timely manner of all accounts experiencing financial difficulties
• Run, prepare and analyze various reports, including the discrepancy report, Cash package and monthly aging reports
• Prepare linear month checks for Director's review
• Work within a team environment to achieve established common goals and deadlines, including established Linear cash targets
• Work on month end close jointly with NY & Buenos Aires Team -may include applying cash

Measurements:
• Percentage reduction of overall A/R
• Established monthly cash goals
• Quarterly goal of over 90+ percentage
• Reduction of Discrepancies
• DSO calculations

Basic Qualifications:
• 3+ years of relevant working experience in a similar role
• General knowledge of accounting principles
• Strong knowledge of Microsoft Excel & Word
• Strong communication skills - oral, written
• Strong analytical and problem-solving skills
• Ability to multi-task, prioritize, and deal with ambiguity
• Demonstrated the ability to be a team-player and possess strong work ethic and integrity
• Ability to operate in a fast-paced environment and meet critical deadlines
• Demonstrated excellent organizational and interpersonal skills

Additional Qualifications:
• Bachelor's degree in Accounting, Finance, or Economics preferred
• Language skills
• Experience in the cable industry
• Collections experience a plus!

ADDITIONAL INFORMATION

Hiring Salary Range: $54,900.00 - 61,000.00.

The hiring salary range for this position applies to New York City, California, Colorado, Washington state, and most other geographies. Starting pay for the successful applicant depends on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education. The benefits available for this position include medical, dental, vision, 401(k) plan, life insurance coverage, disability benefits, tuition assistance program and PTO or, if applicable, as otherwise dictated by the appropriate Collective Bargaining Agreement.

https://www.paramount.com/careers/benefits

Paramount is an equal opportunity employer (EOE) including disability/vet.

Jobcode: Reference SBJ-d8w6pq-3-144-15-205-42 in your application.