AR Operations Specialist
Job Description
POLITICO's mission from the very beginning was to win the audience. We dedicate ourselves to providing accurate, nonpartisan, impactful information to the right people at the right time so that they can act with confidence and speed. We experiment to avoid being disrupted and we have fun disrupting others. And we are not afraid to risk failure if it means being the best at what we do.
POLITICO is seeking a Senior AR Operations & Billing Specialist to join our team. The Senior AR Operations & Billing Specialist will be responsible for financial reporting processes, transactional accuracy and efficiency of the billing cycle. The role plays an important part in Accounts Receivable operations with a focus on deposit reconciliation, suspense account management, refunds, invoicing, and collaboration with cross-functional teams. The ideal candidate will be an integral member of the Accounts Receivable Finance team and will ensure the timely execution of day-to-day activities.
What You'll Do:
- Proactively investigate and resolve unidentified cash payments in the deposit log
- Contact clients for potential duplicate payments, minimizing Suspense account entries
- Ensure accurate payment application in Salesforce (SF)
- Work on reducing items in the Suspense file through research in financial systems and outreach with stakeholders
- Assign and manage the Suspense file for specific business lines (Subscriptions, Advertisement)
- Process refunds for confirmed duplicate payments after thorough internal verification. Collect essential client information for refund processing
- Manage Politico Advertising billing inbox to address customer inquiries
- provide support with Subscription inquiries, coordinating with the AR team
- Oversee daily Advertising invoicing, ensuring timely submission and detail inclusion
- Cross-verify invoicing with recorded revenue to prevent discrepancies
- Manage all aspects of invoicing, collections, and internal/external requests
- Serve as the primary point of contact for resolving technical issues and financial record discrepancies with the Advertisement sales and operations team at Politico
- Collaborate with the Senior Manager of AR Operations and the Salesforce Development team to enhance operational functionality
- Log tickets on JIRA for process improvements, discuss feasibility in bi-weekly scrum meetings with CRM technical Stakeholders
- Conduct quarterly audits to ensure accurate tracking of business and financial data to reconcile total contract dollar value of service delivered with invoices billed and revenue recognized
What You'll Need:
- A./B.S. in Finance, Business Administration, Accounting or similar fields or 2+ year of relevant work/internship experience
- Strong initiative and ability to work in a fast paced, high pressure environment
- Able to think clearly and reach well founded conclusions and articulate ideas concisely
- Ability to build strong internal/external business partnerships
- Excellent organizational skills and attention to detail
- Able to work under tight timelines and prioritize work as needed
- Preferred experience with CRM system(s) specifically Salesforce, Microsoft Office, Financial Force, and database applications
This role offers a unique opportunity to contribute to the efficiency of AR operations, collaborate with different teams, and develop valuable skills in a dynamic work environment at POLITICO. The Finance team is fast-paced and extremely collaborative. They are dedicated professionals who collaborate to achieve their goals through learning and uplifting team morale.
We are driven by our values. We are relentless contributors, disruptors of the status quo, collaborators, talent cultivators and DEI stewards. Our culture is defined by grit, total integrity and a prioritization on innovation.
We value our people. We offer a competitive compensation and comprehensive benefits package, including health and wellness benefits, commuter and cell phone reimbursements, retirement plans, as well as work-life balance flexibility and opportunities for career development. Click here for more on what we offer and what it's like to work for POLITICO.
Let's keep in touch. Follow us on Instagram and Twitter at @politicocareers and #meetPOLITICO for a deep dive into what makes us POLITICOs and our adventures. We'd love to hear from you! Want to join POLITICO but don't see a job suited to you? Sign up to be a part of our Talent Network to be alerted of future opportunities.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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Date Posted
12/03/2023
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