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Accounts Receivable Associate
$35k-43k (estimate)
Full Time 5 Months Ago
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Concord Music Group, Inc. is Hiring an Accounts Receivable Associate Near Nashville, TN

Overview

CONCORD IS THE INDEPENDENT, WORLDWIDE LEADER IN THE DEVELOPMENT, ACQUISITION, AND MANAGEMENT OF RECORDED MUSIC, MUSIC PUBLISHING, AND THEATRICAL PERFORMANCE RIGHTS.

With offices in Los Angeles, New York, Nashville, Miami, London, and Berlin, Concord has a diverse and vibrant roster of active recording artists, composers, and songwriters, and a vast and historic catalog of works by some of the most treasured names in music history.

As the Accounts Receivable Associate, you will support the Recorded Music Accounts Receivable team and will play an important role in day-to-day operations of the department. In this role, you will perform reconciliations and cash application of customer statements, maintain and distribute the daily cash reports, assist with month end close process and other general accounting tasks. It's a wonderful role for an early career individual looking to learn and grow into an accounting professional. Concord Recorded Music is comprised of six active labels across many musical genres: Fantasy Records, Fearless Records, Loma Vista Recordings, Rounder Records, Easy Eye Sound and Concord Jazz. The Recorded Music Accounting and Finance team supports our labels from a financial perspective and ultimately contributes to growing our artists careers

Responsibilities

What you’ll do:

  • Process monthly distribution statements for assigned Customers, including but not limited to Universal entities, and various domestic and international customer accounts
  • Prepare reconciliation summaries as related to distribution statements for assigned customers
  • Process and apply incoming cash receipts on a daily basis
  • Process incoming cash receipts; verify bank deposits for bank reconciliation and post to the general ledger
  • Assist in researching, identifying, and reconciling unapplied cash payments
  • Assist with month-end reconciliations
  • Work closely with the Inventory Department to process special orders and/or requests; ensuring that stock is available for invoice processing
  • Verify monthly import files, ensuring accurate balancing to customer statements
  • Research A/R inquires

Qualifications

What you’ll need:

  • 1 years of accounting and/or bookkeeping experience or some combination of internships
  • Knowledge of accounting principles and general ledger functions
  • Proficiency with Microsoft Office with an emphasis on Excel
  • Excellent verbal and written communication skills
  • Strong problem solving and attention to detail
  • Ability to work on multiple tasks and meet tight deadlines

*This is a hybrid role requiring 3 days minimum on-site.

At Concord, we offer comprehensive medical and wellness benefits, generous time off, parental leave, charity match, paid time off for volunteering, and other fun company perks. We have beautiful new offices and a culture committed to supporting everyone’s growth and development.

Concord is an equal opportunity employer. We employ, train, compensate and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. We believe that diversity, inclusion and equity is paramount for the creation of music, theater and film that celebrates and empowers all cultures.

Job Summary

JOB TYPE

Full Time

SALARY

$35k-43k (estimate)

POST DATE

11/11/2022

EXPIRATION DATE

11/13/2023

WEBSITE

concord-music.com

HEADQUARTERS

Los Angeles, CA

SIZE

<25

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The job skills required for Accounts Receivable Associate include Credit Card, Microsoft Excel, Account Reconciliation, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Receivable Associate. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accounts Receivable Associate. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Accounts Receivable Associate positions, which can be used as a reference in future career path planning. As an Accounts Receivable Associate, it can be promoted into senior positions as an Accounts Receivable Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Receivable Associate. You can explore the career advancement for an Accounts Receivable Associate below and select your interested title to get hiring information.

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If you are interested in becoming an Accounts Receivable Associate, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Receivable Associate for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Accounts Receivable Associate job description and responsibilities

Receivable clerks also liaise with banks to verify electronic cash transfers and credit card payments.

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An Accounts Receivable Clerk prepares accounts receivable transactions and processes customer payments.

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Accounts Receivable Clerks correctly bill clients for goods or services.

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Typically, an Accounts Receivable Clerk works directly with customers to help them make the proper payments for goods and services.

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An Accounts Receivable Clerk reports to the Accounting and Administrative Manager to ensure customers make their payments on time.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Accounts Receivable Associate jobs

Anand Average accounts receivable can be calculated by taking an average of accounts receivable.

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Accounts receivable are often used as collateral for loans.

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Accounts Receivables Turnover Ratio may vary from business to business.

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Be Clear About Payment Deadlines.

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Generally accepted accounting principles (GAAP).

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Step 3: View the best colleges and universities for Accounts Receivable Associate.

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