Accounts Receivable Specialist
1 month ago
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
The Global Revenue Management team is responsible for the revenue contract review of the company's overall business lines.
**Responsibilities**:
1. Review and approve sales contracts on behalf of Finance independently, especially the financial terms, and assess and mitigate the related financial risk.
2. Partner with corporate engineering teams to optimize financial systems and establish AR/Revenue processes for new products/new business scenarios.
3. 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.
4. Perform monthly billing process by ensuring timely and accurate invoicing to customers, including credit note approvals, customer portal uploads, and any other related issues.
5. 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.
6. Regular AR reporting to highlight risks and serve business needs.
7. Respond quickly to any emergency and special cases.
8. Maintain and update customer files to ensure data accuracy and improve billing efficiency.
10. Provide sales team support through the help desk ticket system.
Minimum Qualifications
1. AR/Revenue management-related experience.
2. Strong communication skills, with the ability to communicate technical accounting requirements to a non-technical audience.
3. Willingness to take initiative and to follow through on projects.
4. Ability to multitask, prioritize, and work independently in a fast-paced diversified environment.
5. High degree of accuracy, confidentiality, and attention to detail.
7. Strong learning abilities to learn new software quickly.
Preferred Qualifications
1. TMT industry working experience is a plus.
2. 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.
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