Director, Client Accounting

KATZ Media Group

                                                                             

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As the nation’s largest media representation firm, Katz Media Group delivers local relevance at scale. Whether you want one idea that sounds local in a hundred different markets or a hundred unique ideas, we have your solution.

Over our long history, the Katz name has been synonymous with leadership in the media industry. Founded in 1888, Katz was the nation’s first media representation firm. Today, Katz Media Group is comprised of two divisions, Katz Radio Group and Katz Television Group. Collectively, the company represents both the on-air and online assets of more than 4,000 radio stations and 800 television stations, making Katz Media Group the largest media representation company in America. In addition to our deeply rooted media expertise, our unique regional sales structure is key to driving our clients’ success. Katz Media Group is based in New York City, with 15 regional offices across the country, providing advertisers and agencies with local expertise and insights across the nation.

Be a part of the largest media representation company in America. At Katz Media Group, we have the best, brightest and boldest talent in the media industry — individuals who deliver unparalleled value for our business partners and clients. We are looking for people who can grow, think, dream and achieve. Every employee brings inspiration and imagination to our constantly evolving and expanding business. If you’re excited about this role but don’t feel your experience aligns perfectly with the job description, we encourage you to apply anyway.  At Katz Media we are dedicated to building a diverse, inclusive, and authentic workplace and are looking for teammates passionate about what we do!

                                                                              

What We Need:

The Director, Client Accounting will be responsible for overseeing the accounts receivable department, ensuring the accurate and timely collection of receivables, and managing the overall credit and collections strategies of the organization. This role involves collaboration with various departments to optimize cash flow and maintain strong customer relationships. The Director, Client Accounting position reports to the Senior Vice President, Finance and Accounting and is responsible for managing a team of people. This role is an integral part of the Katz Media Accounting leadership team.

                                                                             

What You'll Do:

RESPONSIBILITIES:

-Oversee the A/R function directly related to Client Accounting for Katz Media

-Oversee Client Billing - related to MSA agreements

- Develop and implement policies and procedures for accounts receivable to ensure compliance and efficiency. 

- Manage the accounts receivable team, providing training, support, and performance evaluations. 

- Monitor aging reports and oversee collection efforts for overdue accounts. 

- Analyze credit risk and establish credit limits for customers. 

- Collaborate with sales teams to resolve billing disputes and enhance customer satisfaction

- Prepare and present regular reports on the status of accounts receivable and cash flow forecasts to senior management

- Identify opportunities for process improvements and automation within the accounts receivable function

- Ensure adherence to financial regulations and company policies

- Manage relationships with external clients as needed. 

-Client Billing - calculation, review, validation for accuracy

-Ensure accuracy of financial records

-Collections, Cash Application, Revenue Adjustments & Customer outreach & engagement for clients

-Establish and maintain close working relationships with Billing, A/P, Network, Sales, Corporate and client base.

-Apply cash received against open A/R balances in a timely and accurate manner

-Resolve discrepancies with internal Sales and outside clients, provide account status and any required supporting documentation

-Lead monthly A/R status presentation to Senior Leadership

-Collaborate with management to maintain a SOX Compliant environment

-Lead, develop, mentor, and motivate the AR staff through highly positive behaviors that embrace management’s objectives enabling the team to model

-Accountable for effective onboarding and training

-Perform final review of critical AR & Billing reports

-Partner with iHeart Corporate Accounting to develop and monitor processes to support accurate revenue reporting

                                                                             

What You'll Need:

SKILLS:

-Outstanding written and oral communication skills

-Excellent judgement and problem-solving skills – strong ownership skills

-Critical thinker

REQUIRED QUALITIES:

-Outstanding people’s skills and aptitude to build strong relationships with the Ad Sales Team/Clients and work collaboratively with all key partners in Finance/ Accounting

-A mindset that focuses on continuous improvement/process streamlining to help create and maintain an adequate control environment leading to successful audits

-Excellent customer service skills and flexibility to bring desired results

- Strong communication and interpersonal skills, with the ability to work collaboratively across departments. 

-Be dedicated to providing personalized attention and service

-Excellent analytical, problem-solving, and organizational skills

-Be a relationship builder

-Be a collaborative team player

-Ability to pivot and adjust to meet business needs

REQUIRED EDUCATION AND EXPERIENCE:

-A Bachelor’s Degree in Accounting/Finance or Business-related field- [X] years of experience in accounts receivable or finance, with [X] years in a leadership role.

-Strong understanding of accounting principles and financial regulations. 

-Proficiency in Microsoft Office software programs, especially, strong knowledge of MS Excel and Word

-Experience with Netsuite is a plus +

-NS or Cloud-based accounting software

-Certification in Accounts Receivable Management (e.g., CPA, CMA) is preferred

                                                                             

What You'll Bring:

• Respect for others and a strong belief that others should do this in return

• Commitment to achieving results and exceeding expectations

• Ability to manage an operational team and set daily priorities

• Growth mindset and desire for continued knowledge sharing and learning

• Understanding of the impact of your own decisions and when to seek guidance

• Business insight and ability to apply knowledge

• Resourcefulness in accomplishing tasks

• Desire for continuous improvement not only personally, but for the whole team, across the business

• Comfort interacting with individuals of all levels

• Strong written and verbal communication skills

• Ability to set performance expectations and handle sensitive issues

Compensation:

Salary to be determined by multiple factors including but not limited to relevant experience, knowledge, skills, other job-related qualifications, and alignment with market data.

$136,000 - $170,000

                                                                             

Location:

New York, NY: 125 West 55th Street, 10019

                                                                             

Position Type:                                                                                             

Regular

                                                                             

Time Type:

Full time

                                                                             

Pay Type:

Salaried

                                                                             

Benefits:

iHeartMedia’s benefits offering is flexible and offers a variety of choices to meet the diverse needs of our changing workforce, including the following:

• Employer sponsored medical, dental and vision with a variety of coverage options

• Company provided and supplemental life insurance

• Paid vacation and sick time

• Paid company holidays, including a floating holiday that enable our employees to celebrate the holiday of their choosing

• A Spirit day to encourage and allow our employees to more easily volunteer in their community

• A 401K plan

• Employee Assistance Program (EAP) at no cost – services include telephonic counseling sessions, consultation on legal and financial matters, emotional well-being, family and caregiving

• ​A range of additional voluntary programs, such as spending accounts, student loan refinancing, accident insurance and more!

                                                                             

The Company is an equal opportunity employer and will not tolerate discrimination in employment on the basis of race, color, age, sex, sexual orientation, gender identity or expression, religion, disability, ethnicity, national origin, marital status, protected veteran status, genetic information, or any other legally protected classification or status.

Non-Compete will be required for certain positions and as allowed by law.

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