Accounts Receivable Specialist

3 Months ago • 5 Years + • Account Management • $96,000 PA - $168,888 PA

Job Summary

Job Description

ByteDance is seeking a dedicated Accounts Receivable Specialist to support the OTC process. This role will be the point of contact for customer and internal inquiries regarding contract approval, billing process, payment status, and other finance questions. Responsibilities include contract review, billing and reconciliation, debt collection, and AR reporting. The ideal candidate will have at least 5 years of AR/Revenue management experience, strong communication skills, and the ability to work independently in a fast-paced environment.
Must have:
  • Minimum 5 yrs AR/Revenue management experience
  • Strong communication skills
  • Ability to multitask, prioritize, and work independently
  • Proficiency in Microsoft Office applications, especially Excel
  • Strong learning abilities
Good to have:
  • TMT industry working experience
  • Contract review experience
Perks:
  • 100% premium coverage for employee medical insurance
  • 75% premium coverage for dependents
  • Health Savings Account (HSA) with a company match
  • Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans
  • Flexible Spending Account (FSA) Options
  • 10 paid holidays per year
  • 17 days of Paid Personal Time Off (PPTO)
  • 10 paid sick days per year
  • 12 weeks of paid Parental leave
  • 8 weeks of paid Supplemental Disability
  • Mental and emotional health benefits
  • 401K company match
  • Gym and cellphone service reimbursements

Job Details

Responsibilities
About ByteDance Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content. Why Join Us Creation is the core of ByteDance's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible. Together, we inspire creativity and enrich life - a mission we aim towards achieving every day. To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always. At ByteDance, we create together and grow together. That's how we drive impact - for ourselves, our company, and the users we serve. Join us. About We are looking for a dedicated Accounts Receivable Specialist to help support the OTC process of our business. The Accounts Receivable Specialist will be the point of contact for customer's and internal stakeholder's inquiries about contract approval, billing process, payment status and many other Finance questions. The daily routine involves contract review on financial terms, billing and reconciliation, debt collection and other AR related tasks. As part of a team in our rapidly growing business, this individual will play a key role in understanding the needs of our clients and will help shape efficient and trusted relationships with our business partners. Responsibilities: -Review and approve sales contracts on behalf of Finance independently, especially the financial terms, and assess and mitigate the related financial risk. -Partner with corporate engineering teams to optimize financial systems and establish AR/Revenue processes for new products/new business scenarios. -Work collaboratively with sales operations, legal and sales to drive best practices in OTC (order to cash) procedures and align on policies and ensure compliance. -Perform monthly billing process by ensuring timely and accurate invoicing to customers, including credit note approvals, customer portal uploads, and any other related issues. -Interact with customers and cross-functional teams regarding invoices, statements and credits to resolve outstanding issues. -Perform collection, bad debt accrual and write off reviews and work with collection agency/legal department for lawsuits or external collection efforts. -Regular AR reporting to highlight risks and serve business needs. -Respond quickly to any urgent and special cases. -Maintain and update customer files to ensure data accuracy and improve billing efficiency. -Investigate and apply cash receipts. -Provide sales team support through the help desk ticket system.
Qualifications
Minimum Qualifications: -Minimum 5 yrs AR/Revenue management-related experience. -Strong communication skills, with the ability to communicate technical accounting requirements to a non-technical audience. -Willingness to take initiative and to follow through on projects. -Ability to multitask, prioritize, and work independently in a fast-paced diversified environment. -High degree of accuracy, confidentiality, and attention to detail. -Proficiency in Microsoft Office applications, especially Excel. -Strong learning abilities to learn new software quickly. Preferred Qualifications: -TMT industry working experience is a plus. -Contract review experience preferred. ByteDance is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At ByteDance, our mission is to inspire creativity and enrich life. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too. ByteDance Inc. is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at https://shorturl.at/cdpT2
Job Information
【For Pay Transparency】Compensation Description (annually)

The base salary range for this position in the selected city is $96000 - $168888 annually.

Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.

Our company benefits are designed to convey company culture and values, to create an efficient and inspiring work environment, and to support our employees to give their best in both work and life. We offer the following benefits to eligible employees:

We cover 100% premium coverage for employee medical insurance, approximately 75% premium coverage for dependents and offer a Health Savings Account(HSA) with a company match. As well as Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans. In addition to Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care.

Our time off and leave plans are: 10 paid holidays per year plus 17 days of Paid Personal Time Off (PPTO) (prorated upon hire and increased by tenure) and 10 paid sick days per year as well as 12 weeks of paid Parental leave and 8 weeks of paid Supplemental Disability.

We also provide generous benefits like mental and emotional health benefits through our EAP and Lyra. A 401K company match, gym and cellphone service reimbursements. The Company reserves the right to modify or change these benefits programs at any time, with or without notice.

For Los Angeles County (unincorporated) Candidates:

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:

1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;

2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and

3. Exercising sound judgment.

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