Accounts Receivable Analyst

Penske Entertainment; Indianapolis (IN); On-site; USD 55,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) with company match

Paid vacation + holidays

Tuition assistance

On-site fitness center

Job summary

Penske Entertainment in Indianapolis, IN is seeking an Accounts Receivable Analyst to own AR processes from cash application to month-end close. You’ll manage write-offs, apply payments, and ensure accurate customer accounts in a fast-paced entertainment environment.

Responsibilities include AR aging analysis, collections, credit policy enforcement, and reporting to Finance leadership. Collaboration across departments is essential, with flexible hours during race weekends.

Qualifications

• Strong understanding of accounts receivable processes and general accounting principles.
• Experience with Great Plains or similar accounting software and cash receipt processing.
• Analytical and critical thinking skills to identify discrepancies and resolve payment issues.
• Excellent attention to detail and accuracy in financial transactions.
• Effective written and verbal communication across departments.

Responsibilities

• Analyze AR trends, aging, and DSO to reduce risk and improve cash flow.
• Improve cash receipts processes and internal controls for AR.
• Own credit and collection policies and procedures.
• Lead month-end AR close, including reconciliations and variance analysis.
• Represent AR in audits and respond to AR-related requests.
• Authorize write-offs/credit memos within authority; escalate larger cases to CFO.
• Record cash receipts in Great Plains and post to invoices and banks.
• Approve customer payment term exceptions as allowed.
• Respond to inquiries about invoices and balances.
• Prepare weekly aging reports to drive collections.
• Prepare customer invoices and assist with card payments inquiries.
• Investigate and resolve card chargebacks.
• Maintain accurate records and supporting documents.

Skills

AR processes

Analytical thinking

Attention to detail

Communication

Teamwork

Proactivity

Cultural competence

Adaptability

Education

Bachelor’s degree in accounting/fin.

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.