Job description
Salary:$25/hr
Hybrid (2 days off three days in office)
NYC
6 month Contract
Preferred Industry-Cable/Entertainment/Advertising
Job Summary: Collection 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 maximize cash flow and minimize bad debt risk. The Collector is a key player in the organization and impacts VIACOMCBS' bottom line. The role is in the Order to Cash organization based in in New York.
- Oversee Linear Cable Collections portfolio of approx. $300M -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 & 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 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
Requirements:
- 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
- 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
- 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
- Percentage reduction of overall A/R
- Established monthly cash goals
- Quarterly goal of over 90+ percentage
- Reduction of Discrepancies
- DSO calculations
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