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.