Accounts Receivable Analyst: Cash Flow & Month-End

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

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.