OTC Collections Analyst

MW Partners is currently seeking a Collections Analyst to work for our client who is a leader in the media and entertainment industry.

Responsibilities and duties:

• Oversee Ad Sales TV Stations Collections portfolio varying from $10M- $125M
• Contacting customers for the prompt collections and resolution of the aged receivables using various collection methods
• Keeping adequate records of all contact made with customers
• Performing timely follow-up on accounts ensuring customers pay within payment terms
• Managing & resolving high volume of customer discrepancies (ensuring proper communication with ad sales & stakeholders)
• Meeting cash collection targets (KPIs such as Cash targets Aging DSO % of Overdue)
• Providing leadership 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 credit holds payment plans)
• Preparing routine reports for the management team
• Organize and participate in the periodic aging reviews with Management
• Supporting customers ad-hoc requests (statement of accounts invoice copies backup documentation accounts reconciliations etc.)
• Working closely with various departments 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 outstanding AR balances to both internal & external auditors
• Prepare Discrepancy reports for Sales Management
• Providing immediate escalation of any concerns such as changes in the customers payment trends
• Prepare customer 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 cash forecast reports for month end expectations for Managers review
• Work within a team environment to achieve established common goals and deadlines including established Cash targets
• Work on month end close jointly with OTC center of excellence hubs and controllership teams. During critical times this may include applying cash
• Embrace technology changes and forward AI solutions

Requirements:

• 0-3 years of relevant working experience in a similar role in
  • Accounts Receivable
  • Credit
  • Collections
  • Billing
• Bachelors degree in Business Accounting Finance or other relevant fields
• General knowledge of accounting principles a plus
• Strong knowledge of Microsoft Office -Excel & Word
• Strong communication skills - oral written interpersonal
• Strong Analytical and problem-solving skills
• Ability to multi-task prioritize and deal with ambiguity
• Flexibility with work schedule
• 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
• Demonstrate excellent organizational skills
• Demonstrate strong interpersonal skills
• Collections experience a plus
• Language skill a plus
• Experience in media industry a plus
• Ability to adapt to organizational transformation
• ERP or financial system experience a plus (SAP Oracle a )

For a further discussion or to find out more contact Amit Kumar on or apply now.