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PMC: Accounts Receivable Manager

Penske Media Corp.
  • Los Angeles, CA
  • $90,000–$100,000 Per Year
5 days ago

Job Description

Penske Media Corpoation (PMC), the parent company of Rolling Stone, Variety, Billboard, The Hollywood Reporter, SXSW, The Golden Globes, and many more, is seeking an Accounts Receivable Manager to lead full-cycle accounts receivable operations across several subsidiaries within our digital media, print media, data, and live-events businesses.

This role will oversee the accuracy, timeliness, and integrity of billing, cash application, collections, reconciliations, reporting, and month-end close activities. The Accounts Receivable Manager will partner closely with Accounting and Finance leadership, Account Executives, agencies, business stakeholders, and external customers to strengthen processes, resolve issues, and improve cash flow.

Responsibilities

  • Lead day-to-day accounts receivable operations, including invoice billing, cash applications, adjustments, credit card transactions, remote bank deposits, and collections.
  • Manage and develop the accounts receivable team, establishing clear priorities, service expectations, controls, and performance goals.
  • Oversee the full order-to-cash cycle and ensure invoices, receipts, credits, write-offs, and adjustments are accurately recorded and supported.
  • Monitor aging, delinquency, and collection activity; develop escalation strategies and collaborate with Account Executives and agencies to resolve outstanding balances.
  • Research and resolve complex billing, payment, contract, and customer-account issues while maintaining strong internal and external relationships.
  • Review and approve account reconciliations, including accounts receivable, revenue, deferred revenue, bank, credit card, and related balance sheet accounts.
  • Prepare or review journal entries as needed.
  • Own the preparation and distribution of weekly, monthly, and ad hoc accounts receivable reports, dashboards, and management analyses.
  • Coordinate accounts receivable activities for month-end and year-end close, audits, and other financial reporting requirements.
  • Identify opportunities to improve processes, documentation, systems, controls, and reporting; lead implementation of approved improvements.
  • Use Excel extensively to analyze data, including pivot tables, lookups, aging analysis, and management reporting.

Required Qualifications

  • Bachelor's degree in Accounting, Finance, Business, or a related field, or equivalent experience.
  • At least five or more years of progressive accounts receivable or accounting experience, including experience leading or supervising AR activities.
  • Strong understanding of full-cycle accounts receivable, collections, cash application, reconciliations, revenue, and month-end close processes.
  • Advanced Excel skills, including pivot tables, lookups, data analysis, and reporting.
  • Demonstrated ability to analyze complex issues, identify root causes, and drive timely resolution.
  • Strong communication, organization, prioritization, and time-management skills.
  • High level of attention to detail, accuracy, discretion, and accountability.
  • Ability to work independently while collaborating effectively across teams and subsidiaries.

Preferred Experience

  • Experience with NetSuite, Salesforce, Placements IO, or similar ERP, CRM, and media-industry systems.
  • Experience managing or mentoring an accounts receivable team.
  • Experience with deferred revenue, journal entries, bank and credit card reconciliations, and audit support.
  • Digital media, print media, advertising, entertainment, data, or live-events industry experience.
  • Experience implementing AR process improvements, internal controls, or reporting automation.

 

As PMC values in-person collaboration and team cohesion, employees work onsite four days per week and remotely one day per week. This position is based in West Los Angeles.

A good faith estimate of the salary range is $90,000 - $100,000 upon hire + Bonus. Factors that could be used to determine your actual salary may include your specific skills, years of experience and comparison to current employees already in this role. If you have more or less experience than specified on this job posting, please apply and list your salary expectations.

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors).

It's all About You…

PMC's comprehensive benefits package is thoughtfully designed to support every aspect of your life, empowering you to thrive both personally and professionally. We offer PMC-Paid Healthcare with no employee paycheck contributions on medical, dental, and vision for you and your family. PMC also offers Flexible Spending Accounts (Healthcare, Dependent Care & Commuter), an Employee Assistance Program, Life Insurance, Short- & Long-Term Disability, Paid Parental Leave, and a 401(k) Retirement Plan with an Employer match. Employees are also eligible to take advantage of company discounts and perks including Pet Insurance, Home & Auto Insurance, Mortgage discounts, and a variety of other savings on wellness, lifestyle, and financial essentials. As part of PMC's dedication to consistently meeting employees' needs, we have launched a new Flexible Vacation Policy.

At PMC, we believe working in a highly collaborative, office-first environment fosters real-time communication, spontaneous idea sharing, and stronger interpersonal relationships that drive innovation and team cohesion. PMC prioritizes in-person collaboration and does not offer remote-only roles.

About Penske Media Corporation (PMC) 

Penske Media Corporation (PMC) is a leading global media and information services company whose award-winning content attracts a passionate monthly audience of more than 500 million people.  Since 2004, PMC has been a pioneer in digital media and owns over 300 live events, while reaching audiences across all screens. Penske Media is recognized, as one of the Top 100 Private Companies in the United States and North America. 

Our Companies & Brands 

  • Iconic Media Brands (PMX): Variety, Rolling Stone, The Verge, Billboard, The Hollywood Reporter, WWD, SHE Media, Robb Report, Deadline, Eater, Sportico, ARTnews, Fairchild Media, VIBE, IndieWire, SB Nation, ARTFORUM, POPSUGAR, Gold Derby, BEAUTY INC, Art in America, Punch, The Dodo, and more.   
  • Live Events & Experiences: The Golden Globes, SXSW, Academy of Country Music Awards (ACMs), Billboard Music Awards (BBMAs), Dick Clark's New Year's Rockin' Eve, SXSW London, American Music Awards (AMAs), and Latin Music Week.  
  • Data & Analytics: Luminate, the premier music and entertainment data and analytics company.  

Global Footprint 

PMC and its subsidiaries are co-headquartered in New York and Los Angeles, with additional offices spanning 14 countries worldwide. 

Want to learn more? Visit www.PMC.com to explore our complete portfolio. 

Numbers & Facts

LocationLos Angeles, CA
IndustryPrinting and Publishing
Salary$90,000–$100,000 Per Year
Company Size500 to 999 employees

About Company

Penske Media Corporation (PMC) is a leading digital media, publishing, and information services company that engages with audiences across the web, television, mobile, print and social media. PMC’s owned and operated brands reach more than 179 million visitors monthly (comScore, 2016) and Penske Media was recently named one of the Top 100 Private Companies in the United States and North America. With the preeminence of its brands, PMC is one of the largest digital media companies in the world, publishing more than 20 digital media brands, including its India.com joint venture with ZEE TV in India and Variety Latino joint venture with Univision Communications Inc. PMC additionally owns and produces more than 80 annual events, summits, award shows and conferences while housing a dynamic research and emerging data business. As of 2016, PMC businesses include: PMC Studios, WWD, Variety Inc., Deadline.com, Fairchild Media, M, India.com, GoldDerby.com, FootwearNews.com, TVLine, CricketCountry.com, Hollywood Life, Beauty Inc, BGR, AwardsLine, Bollywood Life, BPB.in, LA411, NY411, Variety Insight, and Indiewire.com. The company is headquartered in New York, NY and Los Angeles, California with an additional 11 offices around the world.

Skills

  • Accountingunmatched
  • Accounting Closeunmatched
  • Accounts Receivableunmatched
  • Accounts Receivable Managementunmatched
  • Accounts Receivable Processingunmatched
  • Aging Analysisunmatched
  • Analysis Skillsunmatched
  • Automationunmatched
  • Balance Sheetunmatched
  • Billingunmatched
  • Card Processingunmatched
  • Cash Applicationsunmatched
  • Cash Flowunmatched
  • Communication Skillsunmatched
  • Compensation and Benefitsunmatched
  • Credit Cardsunmatched
  • Credit and Collectionsunmatched
  • Customer Relationship Management (CRM)unmatched
  • Data Analysisunmatched
  • Detail Orientedunmatched
  • Digital Mediaunmatched
  • Documentationunmatched
  • ERP (Enterprise Resource Planning)unmatched
  • Entertainment and Mediaunmatched
  • Establish Prioritiesunmatched
  • Financeunmatched
  • Financial Reportingunmatched
  • Financial Transactionsunmatched
  • Interpersonal Skillsunmatched
  • Journal Entriesunmatched
  • Journalismunmatched
  • Leadershipunmatched
  • Management Reportingunmatched
  • Mentoringunmatched
  • Musicunmatched
  • NetSuiteunmatched
  • Order to Cashunmatched
  • Past Due Accountsunmatched
  • Pivot Tablesunmatched
  • Print Advertisingunmatched
  • Problem Solving Skillsunmatched
  • Process Improvementunmatched
  • Public/Media/Press/Analyst Relationsunmatched
  • Realtime Communicationsunmatched
  • Realtime Operating Systemunmatched
  • Reconciliationunmatched
  • Record Keepingunmatched
  • Reporting Dashboardsunmatched
  • Root Cause Analysisunmatched
  • Sales Managementunmatched
  • Salesforce.comunmatched
  • Strategic Planningunmatched
  • Team Playerunmatched
  • Time Managementunmatched

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