PMC: Assistant Treasurer

PMC: Assistant Treasurer

Penske Media Corporation (PMC), the parent company of Rolling Stone, Variety, Billboard, The Hollywood Reporter, SXSW, The Golden Globes, and many more, is hiring an Assistant Treasurer. In this newly created role, the Assistant Treasurer will report to the Corporate Treasurer and dotted line to the CFO in many aspects of banking, reconciliation, and cash forecasting. To help determine best practices, processes and efficiencies as our company continues to grow both organically and through acquisition.

As PMC values in-person collaboration and team cohesion, employees work onsite 4 days a week and 1 day remotely with a focus on maintaining a vibrant and inclusive culture. This position is based in our West Los Angeles Headquarters.

Responsibilities

• Independently manage daily operations of multiple bank accounts
• Prepare weekly cash forecasts for multiple entities
• Assist accounting team with bank accounts, AR, AP and other reconciliations
• Manage KYC processes of multiple bank accounts
• Analyze receipts and payments for proper classification
• Analyze bank fees and make suggestions for efficiencies
• Prepare and review debt covenant compliance
• Monthly cash roll forwards and daily cash balance reporting
• Other ad hoc projects including cash forecasting platform implementation or upgrade

Qualifications (Required)

• Bachelor’s degree and/or equivalent experience in Accounting, Finance, or Treasury
• Minimum 5 years’ experience in Treasury management
• Proficiency in Excel, Word and PowerPoint

Qualifications (Preferred)

• NetSuite or equivalent ERP
• Highradius or equivalent cash forecasting tools
• Blackline or equivalent account reconciliation tools
• Merchant Services Management
• Good communication and customer service oriented

A good faith estimate of the salary range is $100k - $110k upon hire + Bonus. Factors that could be used to determine your actual salary may include your specific skills, years of experience and comparison to current employees already in this role. If you have more or less experience than specified on this job posting, please apply and list your salary expectations.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors).

It’s all About You…

PMC’s comprehensive benefits package is thoughtfully designed to support every aspect of your life, empowering you to thrive both personally and professionally. We offer PMC-Paid Healthcare with no employee paycheck contributions on medical, dental, and vision for you and your family. PMC also offers Flexible Spending Accounts (Healthcare, Dependent Care & Commuter), an Employee Assistance Program, Life Insurance, Short- & Long-Term Disability, Paid Parental Leave, and a 401(k) Retirement Plan with an Employer match. Employees are also eligible to take advantage of company discounts and perks including Pet Insurance, Home & Auto Insurance, Mortgage discounts, and a variety of other savings on wellness, lifestyle, and financial essentials. As part of PMC’s dedication to consistently meeting employees’ needs, we have launched a new Flexible Vacation Policy.

At PMC, we believe working in a highly collaborative, office-first environment fosters real-time communication, spontaneous idea sharing, and stronger interpersonal relationships that drive innovation and team cohesion. PMC prioritizes in-person collaboration and does not offer remote-only roles.

About Penske Media Corporation (PMC)

Penske Media Corporation (PMC) is a leading global media and information services company whose award-winning content attracts a passionate monthly audience of more than 500 million people. Since 2004, PMC has been a pioneer in digital media and owns over 300 live events, while reaching audiences across all screens. Penske Media is recognized, as one of the Top 100 Private Companies in the United States and North America.

Our Companies & Brands

• Iconic Media Brands (PMX): Variety, Rolling Stone, The Verge, Billboard, The Hollywood Reporter, WWD, SHE Media, Robb Report, Deadline, Eater, Sportico, ARTnews, Fairchild Media, VIBE, IndieWire, SB Nation, ARTFORUM, POPSUGAR, Gold Derby, BEAUTY INC, Art in America, Punch, The Dodo, and more.
• Live Events & Experiences: The Golden Globes, SXSW, Academy of Country Music Awards (ACMs), Billboard Music Awards (BBMAs), Dick Clark's New Year’s Rockin’ Eve, SXSW London, American Music Awards (AMAs), and Latin Music Week.
• Data & Analytics: Luminate, the premier music and entertainment data and analytics company.

Global Footprint

PMC and its subsidiaries are co-headquartered in New York and Los Angeles, with additional offices spanning 14 countries worldwide.

Want to learn more? Visit www.PMC.com to explore our complete portfolio.