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PMC: Accounts Receivable Manager

Penske Media Corp. · California - Los Angeles Office · $90k–$100k

Posted by Penske Media Corp. on their careers site · View the original posting

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The posting, as Penske Media Corp. wrote it

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

[…]
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.