Accounts Receivable Manager
PMC
Los Angeles, CAThis is a Full Time Job
Penske Media Corporation (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.
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.
Salary/Benefits
$90,000 - $100,000 /year USD
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.
Benefits
• Medical, dental, and vision insurance
• Flexible Spending Accounts (Healthcare, Dependent Care & Commuter)
• Employee Assistance Program
• Life insurance
• Short- and long-term disability
• Paid parental leave
• 401(k) Retirement Plan with an Employer match
Perks
• Company discounts
• Pet insurance
• Home & auto insurance
• Mortgage discounts
• Savings on wellness, lifestyle, and financial essentials
• Flexible vacation policy
Additional Information
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, owning over 300 live events and reaching audiences across all screens. Recognized as one of the Top 100 Private Companies in the United States and North America, PMC encompasses iconic media brands such as 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, and The Dodo. Its live events include prestigious occasions like the Golden Globes, SXSW, Academy of Country Music Awards, Billboard Music Awards, Dick Clark's New Year’s Rockin’ Eve, American Music Awards, and Latin Music Week. Additionally, PMC operates Luminate, a premier music and entertainment data and analytics company. The company is co-headquartered in New York and Los Angeles, with offices in 14 countries worldwide.