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Full Time Job

Collections Analyst, Linear Collections

MTV

New York, NY 02-03-2024
 
  • Paid
  • Full Time
  • Mid (2-5 years) Experience
Job Description
OVERVIEW AND RESPONSIBILITIES

The Collections Analyst is responsible for maintaining a large volume of the Ad Sales Linear Cable 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 enhance cash flow and minimize bad debt risk. The Collector is a key player in the organization and impacts Paramount Globals' bottom line. The role is in the Order to Cash organization based in New York and reports to the Manager of Ad Sales Collections - OTC.

Responsibilities
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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,
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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 handled
- 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 customers 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 expected 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

BASIC QUALIFICATIONS
- Bachelors degree in Accounting, Finance or Economic preferred
- 2+ years of related experience

ADDITIONAL QUALIFICATIONS
- General knowledge of accounting principles
- Strong knowledge of Microsoft 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 teammate and possess strong work ethic and integrity
- Ability to operate in a fast paced environment and meet critical deadlines
- Self motivator and innovative
- Demonstrated excellent organizational skills
- Demonstrated strong interpersonal skills
- Collections experience a plus
- Language skill a plus!
- Experience in cable industry a plus!

MTV is the leading global youth media brand in 180 countries, reaching 450 million households in nearly 30 different languages across every platform. MTV is the world's premier youth entertainment brand, the cultural home of the millennial generation and a pioneer in creating innovative programming for young people. MTV reflects pop culture with award-winning content built around compelling storytelling, music discovery and activism across TV, the internet and other platforms. A unit of Paramount Global, MTV operations span cable and mobile networks, live events, theatrical films and MTV Studios.

ADDITIONAL INFORMATION

Hiring Salary Range: $48,800.00 - 61,000.00.

The hiring salary range for this position applies to New York, 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-d9v1kz-3-17-81-34-42 in your application.

Salary Details
Salary: $100.00 Per Hour ($ USD)