Senior Analyst Credit & Collections

Senior Analyst Credit & Collections

Los Angeles CA

Hybrid Schedule (M/F remote T/W/TH in-office)

At Magnite we cultivate an environment of continuous growth and collaboration. Our work impacts what millions of people read watch and buy and we’re looking for people to help us tackle that responsibility with creativity and focus.  Magnite (NASDAQ: MGNI) is the world’s largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV / streaming online video display and audio. Our tech fuels billions of transactions per day!

About this team:

The Sr. Analyst Credit & Collections is responsible for account collections reconciliations and credit analysis support. This role will leverage AI-driven analytics and automation tools to monitor outstanding invoices predict payment behaviors and take proactive action to reduce bad debt and optimize cash flow. The position reports directly to and works under the supervision of the Senior Manager Credit / Collections. 

In this role you will:  

• Collections

  • Develop and periodically report on metrics related to the success of the product line 

  • Manage assigned accounts receivable through written and oral communications.

  • Monitor accounts that are past due by regularly reviewing the collections queue aging and other reports. Analyze and interpret accounts receivable and credit/collections data.

  • When necessary escalate payment matters to Sales Management in order to assist in the collection efforts.  Determine when an account should be escalated to the Supervisor and/or Director for additional direction.

  • Monitor payment habits and recommend payment terms and/or credit limits changes in order to minimize bad debt.

• Reconciliations

  • Manage account reconciliation activity by reviewing and researching payments deductions as well as work closely with the Accounts Receivable/Billing team in order to resolve payment discrepancies in a timely manner. 

  • Work closely with sales to resolve any billing or contract related discrepancies that may impact the accounts receivable.

• Credit Analysis

  • Provide support and assistance to the Senior Manager Credit & Collections by processing new and/or updated credit applications.  Obtain credit agency reports bank/trade references and any other available tools in order to determine creditworthiness (Internet Financial Statements etc.). Conduct credit reviews or submit information to the Credit & Collections Manager in order to conduct credit reviews.

  • Open new accounts including system set up in Oracle. Update system of any client name address and credit limit changes.   Update and maintenance credit files on a regular basis.

• Cash Application - Ensure that customer payments and other receivables are properly applied to open invoices in the Oracle cash applications module.

• Additional Responsibilities

  • Support implementation of new systems and platforms.

  • Participate in development of new workflows.

  • Manage projects related to ERPs and CRMs (Oracle Salesforce etc.).

  • Provide support to sales and other departments.

  • Implementation of AI tools.

  • Ad hoc projects.

We’re looking for someone with: 

• Bachelor’s degree or equivalent work experience.

• 5-8 years of collections and customer service experience preferably in SaaS industries.

• International collections and managing high profile accounts experience required.

• Intermediate experience utilizing an ERP System (Oracle Preferred).

• Intermediate experience utilizing a CRM System (Salesforce).

• Familiarity with AI tools and their application in the work place (Claude Gemini ChatGPT).

• Ability to understand simplify and communicate complex functionality to customers partners and colleagues.

• Excellent verbal writing and presentation skills.

• Excellent organizational skills and attention to detail.

• Ability to thrive in a fast paced deadline driven environment.

• Proficient in Microsoft Excel and Word.

In CA the base salary range for this role is $67000 – $77000.

Actual compensation will be determined based on location experience skills and internal equity.

This role is also eligible for:

• Annual performance-based bonus

• Equity (NASDAQ: MGNI)

• Comprehensive benefits package

During the interview process candidates will receive more specific information about the salary range applicable to their experience and location.

Perks and Benefits: 

• Comprehensive Healthcare Coverage from Day One

• Generous Time Off  

• Holiday Breaks and Quarterly Wellness Days

• Equity and Employee Stock Purchase Plan

• Family-Focused Benefits and Parental Leave 

• 401k Retirement Savings Plan with Employer Match

• Disability and Life Insurance

• Cell Phone Subsidy

• Monthly Fitness and Reimbursement

Career Growth:

We support internal mobility skill development and leadership pathways through structured career frameworks and learning programs.

Company Culture: 

Magnite’s culture is rooted in collaboration and connection recognizing that both are essential to success. Our hybrid schedule includes two remote workdays (Monday and Friday) and three in-office days (Tuesday through Thursday) where employees can take advantage of catered lunches beverages snacks training opportunities and engaging office events that enhance the work experience. In addition we support our team through meaningful benefits and programs including community service and volunteer opportunities company-matched charitable contributions access to mental health resources structured career development initiatives and growth frameworks culture and inclusion programs and our Bonusly peer-to-peer recognition platform.

About Us

The world's leading agencies and brands trust our platform to access brand-safe high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City sunny Los Angeles mile-high Denver historic London and down under in Sydney Magnite has offices across North America EMEA LATAM and APAC.

For Los Angeles-based applicants:

Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

The material job duties of this specific job position for which Magnite reasonably believes that a criminal history may have a direct adverse and negative relationship include:

• Having access to the Company’s Confidential Information or trade secrets including data related to customers clients vendors business partners or suppliers 

• Work with cross teams  to access datasets databases formulas algorithms tools products prototypes systems applications and technologies in any stage of development 

Magnite is an Equal Opportunity Employer and does not discriminate against applicants due to race color religion national origin age sex marital status ancestry physical or mental disability veteran status gender identity sexual orientation or any other federal state or local protected class.

Our Commitment: We aim to incorporate a wide range of voices into our Magnite culture cultivating an environment where employees feel welcomed cared for and encouraged to freely share ideas. We are committed to employee growth collaboration inclusion and innovation.  We invest in Magnite’s local communities. We seek talent from all backgrounds to champion corporate values of seeing the big picture and being catalysts of change.

Want to learn more about us?  

Check out our blog for Magnite announcements and Ad Tech industry news! 

Recruiting Agency Notice

Magnite does not accept agency resumes and is not responsible for any fees related to unsolicited resumes.

What We Do

Together we power advertising that enables billions of people to stay informed entertained and connected. We introduce them to new ideas products and services that make their lives better. And we help media owners of all sizes realize their full potential. That’s a lot — that’s the power of advertising. But it’s only possible with great technology. And that’s where Magnite comes in. Magnite (NASDAQ: MGNI) is the world’s largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV online video display and audio. Our tech fuels billions of transactions per day!

Why Work With Us

At Magnite our work impacts what millions of people read watch and buy. We strive to cultivate an environment of continuous growth and collaboration. We’re seeking out individuals who share an alternative perspective challenge the status quo and aren’t afraid to raise the bar!

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