OVERVIEW:

Paramount is looking for a Credit and Accounts Receivable Specialist to join the team! This person is responsible for managing a substantial portfolio of Ad Sales for Local TV Stations, including identifying and resolving discrepancies, maintaining a consistent payment pattern, and fostering strong client relationships. The role requires the use of various collection methods and techniques to optimize cash flow and minimize bad debt risk. As a key player within the organization, the Collector directly impacts Paramount Global’s financial results. This position is part of the Order to Cash team, based in Louisville.

REQUIREMENTS:

• 0-3+ years of pertinent working experience in a similar role in Accounts Receivable, Credit, Collections and/or Billing
• Degree in Business, Accounting, Finance or other pertinent fields preferred
• 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
• Demonstrated the ability to be a great teammate 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
• Ability to adapt to organizational transformation
• Flexibility with work schedule
• Collections experience a plus
• Language skill a plus
• Experience in media industry a plus
• ERP or financial system experience a plus (SAP, Oracle a +)

• Oversee Ad Sales TV Stations Collections portfolio varying from $10M- $125M
• Contact customers for the prompt collections and resolution of the aged receivables using various collection methods
• Keep adequate records of all contact made with customers
• Perform timely follow-up on accounts ensuring customers pay within payment terms
• Manage & resolve high volume of customer discrepancies (ensuring proper communication with ad sales & partners)
• Meet cash collection targets (Key Performance Indicators such as Cash targets, Aging, DSO, % of Overdue)
• Provide leadership with periodic cash forecast projections
• Work 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)
• Prepare routine reports for the management team
• Organize and participate in the periodic aging reviews with Management
• Support customer’s ad-hoc requests (statement of accounts, invoice copies, backup documentation, accounts reconciliations, etc.)
• Work closely with various departments, playing an active role during month end close activities
• Ensure that Accounts Receivable ledgers are properly managed
• Support the Cash Application team in the account reconciliation process (addressing cash application issues and following-up with customers on missing documentation & remittances)
• Provide detailed backup explanation of outstanding AR balances to both internal & external auditors
• Prepare Discrepancy reports for Sales Management
• Provide 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 Manager’s 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