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 & B