Job description
OVERVIEW OF THE COMPANY
Fox TV Stations
Fox Television Stations is one of the nation’s largest owned-and-operated network broadcast groups, comprising 29 stations in 18 markets and covering over 37% of U.S. television homes. This includes seven duopolies in the top 10 markets: New York, Los Angeles, Chicago, Dallas, San Francisco, Washington, D.C. and Houston; as well as duopolies in Minneapolis, Phoenix, Orlando and Seattle.
JOB DESCRIPTION
Credit/Collections
- Review credit applications for completeness in a timely manner. Communicate any deficiencies to the related Account Executive.
- Research and assess creditworthiness of potential customers by checking references, reviewing credit reports, and investigating any history with FOX Television Stations.
- Along with the Director of Finance, determine credit status of new customers and related credit limits.
- Provide credit references to other stations as requested.
- Maintain new account profiles/changes in WideOrbit Traffic through New Account Worksheet.
- Conduct monthly AR Aging meeting attended by the General Manager, Sales and Finance.
- Maintain a Watch List of new and special interest accounts to be monitored closely and discussed on a monthly basis.
- Contact credit clients to collect past due amounts.
- Work with Account Executives on problem accounts.
- Track and collect money for non-credit clients (i.e. Cash-In-Advance).
- Prepare and maintain Accounts Receivable reports including DSO and CIA.
- Monitor and manage credit holds and limits.
- Work with management and outside collection agencies on collection issues.
- Manage the collection process to achieve DSO goals.
Accounts Receivable
- Report payment discrepancies/differences to AE’s.
- Ensure that funds are applied accurately and appropriately.
- Recommend bad debt write-offs.
- Process customer refunds in a timely manner.
- Research short payments of invoices, and manage the credit memo workflow.
- Report pending credit memos to the Accountants at month-end for the monthly credit reserve adjustment.
- Report Account Executive commission chargebacks to the Accountants at month-end.
Invoicing and Adjustments
- Generate monthly billing.
- Monitor proper coding on orders within WideOrbit Traffic.
- Provide monthly summary of credit memos to Station Management.
Log reconciliation
- Assist and provide back-up coverage for reconciling daily billing files (logs) in WideOrbit Traffic.
- Other duties as assigned.
- Represent the Station in a manner consistent with Company business standards and policies.
- Regular attendance.
- Work varied hours, as workload requires.
JOB RELATED KNOWLEDGE, SKILLS AND ABILITIES:
- Positive Attitude
- Problem Solving and Decision Making
- Commitment to Excellence
- Initiative
- Teamwork
- Accuracy
- Integrity
- Excellent Communication Skills
TYPICAL PHYSICAL REQUIREMENTS OF POSITION:
Regularly stand; walk, sit, reach with hands and arms; and talk or hear. Occasionally required to climb or balance and stoop, kneel, crouch, or crawl. Vision abilities include close vision and distance vision.
QUALIFICATIONS: A minimum of two years’ experience in a credit manager position; media experience preferred.
EDUCATION: College degree in accounting/finance or related field a plus.
OTHER: Must be proficient in Microsoft Office including Excel and have the ability to work well under pressure handle multiple projects and meet deadlines.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, gender identity, disability, protected veteran status, or any other characteristic protected by law. We will consider for employment qualified applicants with criminal histories consistent with applicable law.
At FOX, we foster a culture and environment where everyone feels welcome and can thrive. We are deeply committed to diversity, equity, and inclusion, including attracting, retaining, and promoting diverse talent across our company. We live in a diverse world, with different ideas and different perspectives that come together to spark new ideas and make great things happen. That means reflecting the diversity of the world around us is critical to our company’s success. We ensure that our viewers, communities and employees feel heard, represented, and celebrated both on screen and off.
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