Responsibilities
TikTok will be prioritizing applicants who have a current right to work in Singapore, and do not require TikTok's sponsorship of a visa.
About TikTok
TikTok is the leading destination for short-form mobile video. At TikTok, our mission is to inspire creativity and bring joy. TikTok's global headquarters are in Los Angeles and Singapore, and its offices include New York, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo.
Why Join Us
Creation is the core of TikTok'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 TikTok, we create together and grow together. That's how we drive impact-for ourselves, our company, and the users we serve. Join us.
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Team Introduction
The Finance Accounts Receivable Team is in charge of the full O2C process, from credit risk assessment to contract review, payment terms assignment, billing queries and adjustments (including rebates and incentives), account suspensions and re-activations, overdue management and reduction, amicable collection and legal action, bad debt accruals, and write-offs.
We are looking for a dedicated Collections Analyst to help us support our business growth. Global Revenue Management is part of the ByteDance Finance function that is responsible for revenue management and accounting for monetization of all ByteDance products via the following processes: running the Order to Cash ("OTC") cycle, establishing and integrating business-finance platforms together and revenue accounting.
Responsibilities
- Focus on the advertising customer portfolio and directly responsible for collection management in APAC.
- Create and implement strategies to increase the number of successful collections on outstanding debt, meeting and exceeding the goals for the overdue and bad debt ratios.
- Oversee the collection of outstanding credit and invoices to minimize profit loss while ensuring it is handled appropriately.
- Communicate with clients to build and maintain a strong working relationship and ensure that invoices are paid by their due dates. Work together with cross functional teams in case there're any billing disputes.
- Run reports and analyze data pertaining to the leaders for insights and visibility into collection management situations.
- Work closely with sales teams for any collection issues, risks and solution promotion in APAC.
Qualifications
Minimum Qualifications
- Bachelor's degree or above in the accounting, finance, business administration or a similar field.
- Minimum 5 years of working experience dealing with collections.
- Solid knowledge in the collections practice in the APAC market.
- Familiar with the workflow of debt collection business and proficient in certain debt collection skills.
Preferred Qualification
- Prior experience in working in the internet industry.
TikTok 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 TikTok, our mission is to inspire creativity and bring joy. 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.