Accounts Receivable Analyst

Indycar; Indianapolis (IN); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Medical, dental, vision, and life ins.

401(k) with 100% company match up to 5

Paid vacation, personal, and sick days

12 paid holidays

Parental leave and tuition assistance

On-site fitness center

Discounts on meals, gear

Job summary

Penske Entertainment in Indianapolis, IN is seeking an Accounts Receivable Analyst to own AR from cash application through collections to month-end close, with authority to approve write-offs, adjustments and payment terms.

In this role you’ll collaborate across departments to deliver experiences to fans, partners and teams, taking ownership of key responsibilities and bringing energy and innovation to a fast-paced environment. A Bachelor’s degree in accounting or related field is required.

Qualifications

• Strong understanding of AR processes and GAAP.
• Experience with accounting software and cash receipts.
• Excellent analytical and attention to detail in financial transactions.
• Effective written and verbal communication across departments.
• Proactive, flexible mindset and commitment to excellence.
• Diversity and inclusion alignment with company values.

Responsibilities

• Analyze AR trends, aging and DSO; recommend actions to improve cash flow.
• Improve cash receipts processes and internal controls.
• Manage credit and collection policies and procedures.
• Lead month-end AR close with reconciliations and variance analysis.
• Represent AR in audits and respond to AR-related requests.
• Decide on write-offs and credits up to authority; escalate larger amounts.
• Record cash receipts in Great Plains; apply to invoices and post deposits.
• Approve payment term exceptions within authority.
• Respond to inquiries about invoices and balances.
• Prepare weekly aging reports to drive collections.
• Prepare customer invoices and assist with credit card inquiries.
• Investigate credit card chargebacks.
• Maintain accurate financial records and supporting docs.
• Inventory and order department supplies.

Skills

AR processes

Analytical thinking

Attention to detail

Communication

Proactive mindset

Cultural competence

Values alignment

Education

Bachelor’s degree in accounting, finance, business, or related field

Tools

Great Plains

Job description

POSITION TITLE:

Accounts Receivable Analyst

REPORTS TO:

Manager, Accounts Receivable & Contract Administration

LOCATION:

Indianapolis, IN

FLSA STATUS:

Exempt

EMPLOYMENT TYPE:

Full-Time

ABOUT US

At Penske Entertainment, we don’t just host world-class events—we create unforgettable moments. Our team fuels four iconic motorsports brands:

• Indianapolis Motor Speedway (IMS) – home of the world’s largest spectator sporting facility and annually hosts the world’s most prestigious auto race: the Indianapolis 500 presented by Gainbridge.
• INDYCAR – The Indianapolis-based governing body for North America's premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its developmental series, INDY NXT by Firestone.
• IMS Productions – A multifaceted broadcast and multimedia division that helps bring INDYCAR and IMS events to life for global audiences.
• Motorsports Events Management (MEM) – Promotes major events featuring premier motorsports series throughout the United States.

Whether on the track, behind the scenes, or on the screen, our people are at the heart of everything we do. If you’re ready for a career where excitement, purpose, and impact collide—we want to meet you.

WHAT YOU’LL DO

The Accounts Receivable Analyst will own accounts receivable for Penske Entertainment, from cash application and collections to month-end close, with authority to approve write-offs, adjustments and payment terms.

In this role, you’ll be an important part of delivering top-tier experiences to fans, partners, and teams across the motorsports world. You’ll take ownership of key responsibilities, collaborate across departments, and bring energy and innovation to a fast-paced environment.

YOUR RESPONSIBILITIES

• Analyze AR trends, aging and DSO, and recommend actions to reduce risk and improve cash flow.
• Find and carry out process improvements and internal controls for cash receipts and AR.
• Take ownership of credit and collection policies and procedures.
• Lead month-end AR close, including reconciliations, journal entries, variance analysis, and explain results to Finance leadership.
• Represent AR in audits, working on AR-related requests and explanations.
• Decide on write-offs, adjustments and credit memos up to a specified amount, and recommend larger amounts to the Chief Financial Officer.
• Record cash receipts in Great Plains, apply them to the appropriate invoices and customer accounts, and post bank deposits.
• Approve customer payment term exceptions within established authority.
• Respond to customer and internal departmental inquiries regarding invoices, account balances, payment applications, and account statements.
• Prepare and distribute weekly aging reports to drive collection efforts and provide visibility into outstanding customer balances.
• Prepare customer invoices and assist with credit card payment inquiries.
• Investigate and resolve credit card chargebacks and related disputes.
• Maintain accurate financial records and support documentation in accordance with established accounting procedures.
• Inventory and order department supplies as needed.

WHAT YOU BRING

We’re looking for someone who’s ready to bring great effort every day and is committed to growing with us.

Required Experience & Skills

• Strong understanding of accounts receivable processes and general accounting principles.
• Experience with Great Plains (or similar accounting software) and cash receipt processing.
• Solid analytical and critical thinking skills, including the ability to identify discrepancies, research account variances, and resolve payment issues.
• Excellent attention to detail and a high level of accuracy in processing financial transactions.
• Effective written and verbal communication skills, with the ability to work collaboratively across departments.
• A proactive, flexible mindset and commitment to excellence.
• Cultural competence and the ability to thrive in a diverse environment.
• Alignment with Penske Entertainment’s core values and standards.

Education:

• Bachelor’s degree in accounting, finance, business, or a related field required.

Leadership:

• This role does not have direct supervisory responsibilities.

FLEXIBILITY & TRAVEL

• Standard hours are Monday–Friday, 8:30 AM to 5:00 PM.
• Extended hours required during race weekends and key event periods (especially May).
• Our teams work together to create flexibility that supports life in and out of work.

PHYSICAL DEMANDS

• Physical demands are light, consisting primarily of sitting, standing and walking.
• Must be able to see and hear in the normal range with or without correction and communicate verbally and in written form with great facility and must be able to be understood.
• Comfort working indoors/outdoors and around event noise.

WORK ENVIRONMENT

• Fast-paced, collaborative office and event settings.
• Employee will be exposed to those conditions normally encountered in a business office environment.
• Employee is faced with frequent interruptions and must be able to multi-task.

BENEFITS & PERKS

We take care of our team with a competitive benefits package that includes:

• Medical, dental, vision, and life insurance
• 401(k) with 100% company match up to 5%
• Paid vacation, personal, and sick days + 12 paid holidays
• Generous paid parental leave and tuition assistance
• On-site fitness center and wellness programs
• Discounts on meals, gear, and more

EQUAL OPPORTUNITY

Penske Entertainment is proud to be an equal opportunity employer. We’re committed to creating a workplace where everyone can thrive—regardless of race, gender, orientation, background, or ability.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.