Accounts Receivable Analyst

At Penske Entertainment, we don’t just host world-class events—we create unforgettable moments. Our team fuels four iconic motorsports brands:

• Indianapolis Motor Speedway (IMS) – home of the world’s largest spectator sporting facility and annually hosts the world’s most prestigious auto race: the Indianapolis 500 presented by Gainbridge.
• INDYCAR – The Indianapolis-based governing body for North America's premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its developmental series, INDY NXT by Firestone.
• IMS Productions – A multifaceted broadcast and multimedia division that helps bring INDYCAR and IMS events to life for global audiences.
• Motorsports Events Management (MEM) – Promotes major events featuring premier motorsports series throughout the United States.

Whether on the track, behind the scenes, or on the screen, our people are at the heart of everything we do. If you’re ready for a career where excitement, purpose, and impact collide—we want to meet you.

The Accounts Receivable Analyst will own accounts receivable for Penske Entertainment, from cash application and collections to month-end close, with authority to approve write-offs, adjustments and payment terms.

In this role, you’ll be an important part of delivering top-tier experiences to fans, partners, and teams across the motorsports world. You’ll take ownership of key responsibilities, collaborate across departments, and bring energy and innovation to a fast-paced environment.

• →Analyze AR trends, aging and DSO, and recommend actions to reduce risk and improve cash flow.
• →Find and carry out process improvements and internal controls for cash receipts and AR.
• →Take ownership of credit and collection policies and procedures.
• →Lead month-end AR close, including reconciliations, journal entries, variance analysis, and explain results to Finance leadership.
• →Represent AR in audits, working on AR-related requests and explanations.
• →Decide on write-offs, adjustments and credit memos up to a specified amount, and recommend larger amounts to the Chief Financial Officer.
• →Record cash receipts in Great Plains, apply them to the appropriate invoices and customer accounts, and post bank deposits.
• →Approve customer payment term exceptions within established authority.
• →Respond to customer and internal departmental inquiries regarding invoices, account balances, payment applications, and account statements.
• →Prepare and distribute weekly aging reports to drive collection efforts and provide visibility into outstanding customer balances.
• →Prepare customer invoices and assist with credit card payment inquiries.
• →Investigate and resolve credit card chargebacks and related disputes.
• →Maintain accurate financial records and support documentation in accordance with established accounting procedures.
• →Inventory and order department supplies as needed.

We’re looking for someone who’s ready to bring great effort every day and is committed to growing with us.

• Strong understanding of accounts receivable processes and general accounting principles.
• Experience with Great Plains (or similar accounting software) and cash receipt processing.
• Solid analytical and critical thinking skills, including the ability to identify discrepancies, research account variances, and resolve payment issues.
• Excellent attention to detail and a high level of accuracy in processing financial transactions.
• Effective written and verbal communication skills, with the ability to work collaboratively across departments.
• A proactive, flexible mindset and commitment to excellence.
• Cultural competence and the ability to thrive in a diverse environment.
• Alignment with Penske Entertainment’s core values and standards.

• Bachelor’s degree in accounting, finance, business, or a related field required.

• This role does not have direct supervisory responsibilities.

• Standard hours are Monday–Friday, 8:30 AM to 5:00 PM.
• Extended hours required during race weekends and key event periods (especially May).
• No travel required.
• Our teams work together to create flexibility that supports life in and out of work.

• Physical demands are light, consisting primarily of sitting, standing and walking.
• Must be able to see and hear in the normal range with or without correction and communicate verbally and in written form with great facility and must be able to be understood.
• Comfort working indoors/outdoors and around event noise.

• Fast-paced, collaborative office and event settings.
• Employee will be exposed to those conditions normally encountered in a business office environment.
• Employee is faced with frequent interruptions and must be able to multi-task.

Penske Entertainment is proud to be an equal opportunity employer. We’re committed to creating a workplace where everyone can thrive—regardless of race, gender, orientation, background, or ability.