Digital Remedy needs an Accounting Associate to join our growing Accounting and Finance team. The ideal candidate ideally will have 0-3 years prior experience, ideally within the Media, Marketing and/or Advertising industries. This role will interact cross-functionally with all areas of the corporate accounting and finance teams.
- Ensure A/R, billing and collections compliance with established control procedures and ensure audit compliance
- Participate in monthly standard invoicing process and prepare general ledger account reconciliations as part of month end closing process
- Create custom invoices as needed
- Assist with Revenue Recognition and other miscellaneous journal entries
- Assist with maintaining customer contract data in various systems
- Input and apply customer payments for multiple entities
- Prepare periodic cash receipt reports and analyses for various teams’ management
- Research unapplied cash or credits and allocate properly
- Work with Collections team to resolve billing or cash application issues to enable timely collections of outstanding receivables, including foreign based clients
- Coordinate with other business owners on the reconciliation of A/R, collections and billing
- Help drive results in reducing risk exposure and days of outstanding invoice
- Responsible for reviewing requests for credit lines for new and existing customers, along with verifying necessary support related to credit line changes
- Work with client accounts to review financial details along with Accounting and A/R teams on a regular basis to ensure accuracy in the account, identify issues and risks, and ensure there are no gaps in communication or processes
- Work with counterparts within Trade, Contracts and Rebates, Returns and Finance to work through issues, seek resolution to A/R related matters for wholesale customers and ensure that there are no gaps in processes
- Responsible for reviewing outstanding invoices weekly, along with potential bad debt for all accounts; monitoring and reporting trends and areas of risk to business owners and management
- Review the weekly cash forecast to drive collections for business and communicate between team and Finance areas of risk
- Review and prepare month-end reports to upper management; aging trends, status on top accounts, open deductions and can speak to the month to month aging variances to management
- Reconcile A/R Subledger to General Ledger on a monthly basis- investigate and resolve open issues
- Assist in the coordination of the quarterly revenue test for revenue recognition
- Assist in the transition of acquired or divested receivables and businesses into and out of respective business units
Our Ideal Candidate
- The ideal candidate will have 1-3+ years of experience in credit, finance and/or accounting
- College degree in business, accounting, or finance required
- Experience in Media, Advertising and/or Marketing is a huge plus
- Strong knowledge related to GAAP
- Strong MS Excel skills
- Experience with NetSuite helpful
- Solid communication and interpersonal skills
- Strong written, presenting & oral communication skills
- Ability to learn, take charge and deliver results with minimal supervision
- Strong desire to help grow a company and dominate the market
- Strong desire to work in a bureaucracy-free environment with an elite team
- Strong desire to take smart technical risks and produce outsized wins
- You don’t accept mediocrity, you need to deliver an amazing product, and won’t stop until it is completed
- You want to inspire and be inspired
Contact in strictest confidence for immediate consideration: JCarney@digitalremedy.com
