Full Time Job

Collections Analyst


New York, NY 06-14-2022
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  • Paid
  • Full Time
Job Description
Paramount (NASDAQ: PARA; PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, its portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the US television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, Paramount provides powerful capabilities in production, distribution and advertising solutions.
Overview and Responsibilities:

Collections Analyst is responsible for maintaining a large volume 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 improve cash flow and minimize bad debt risk. The Collector is a key player in the organization and impacts Paramount's bottom line. The role is in the Order to Cash organization based in New York.
• 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 disputes (ensuring proper communication with ad sales, csr's & partners)
• 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 critical issue 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
• Participate in check pick ups
• 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
• 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

Additional Qualifications:
• Flexibility with work schedule
• Demonstrated the ability to be a standout colleague 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

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

Jobcode: Reference SBJ-gwb3yy-44-192-65-228-42 in your application.

Company Profile

ViacomCBS delivers premium content to audiences across traditional and emerging platforms worldwide. Through television, streaming and digital content, studio production, publishing, live events, merchandise and more, we connect with billions of people.