Manager, Accounting, Studios

Role Overview

• Record monthly revenue accruals for WB, Turner, Discovery and HBO music publishing activities
• Record entries against Deferred Revenue and A/R with transaction types as appropriate
• Record 29% participation expense and transfer recorded participation liability to WBEI to offset participation payments calculated and processed at the WBEI consolidated level
• Amortize Music Assets monthly on the JV following a 50/30/20 curve over a 3-year period
• Coordinate with I/C partners to confirm same amortization process for transferred assets
• Monitor cash activity and record appropriate cash clearing entries on Music JV books
• Calculate and record Collection Agent Fee based on monthly Cash collections less Licensor royalty
• Calculate and record I/C Loan based on specified calculation and record appropriate interest income/expense
• Prepare monthly, quarterly, and yearly deliverables: Balance Sheet, P&L, supplemental schedules & footnotes, government surveys and disclosures
• Manage and review Service Delivery Center provided deliverables as needed; troubleshoot and provide guidance as needed
• Assist with Financial and Participant audit requests
• Oversee the Minor Trust Process
• Oversee Monthly Billing of WWTVM to International Conventions & Domestic’s First Run JEs, Co-Op accrual/Station Summit Billing
• Manage preparation and review of Account Reconciliations
• Manage the Intercompany IC Noncash settlement process and Intercompany reconciliation
• Prepare quarterly AR Reserves schedule Sparc vendor setup and support
• Manage and monitor allocation of Music Publishing royalties to Specific Titles per the UMPG and Sony statements for WB, Turner, Discovery and HBO
• Liaise with Music Operations teams to ensure Pre JV Music Titles and Post JV Music Titles are accurately tracked and revenue recorded accurately
• Monitor for Music Assets related to Sequel and Prequel Content Assets that are part of the Music JV
• Pay royalties collected from Universal and Sony to songwriters and composers as needed on a timely basis
• Coordinate with Business Development and Technical Accounting as needed
• Participate in monthly meetings with the Music Operations teams and the Universal Music Publishing Group
• Calculate Net Publisher’s Share to include with the Financial Statements
• Respond to all accounting related inquiries from JV partners timely and accurately and other special projects as required

Requirements

• 6+ years previous work experience in an accounting or finance field
• 2-3 years prior management experience required
• Entertainment and/or music industry experience a plus
• Highly motivated, analytical, proactive, and self-sufficient
• Must be able to work in a fast-paced environment
• Must have the ability to communicate effectively and tactfully with people on all levels
• Must have the ability to pay close attention to detail and understand written and oral instructions
• Must have the ability to organize and schedule work effectively
• Must have the ability to multi-task projects simultaneously and be able to prioritize
• Must be able to adapt in a changing environment and quickly learn new concepts, solve problems, and implement solutions
• Proficiency in Microsoft Office/Excel
• Must be able to work reasonable overtime, if necessary
• BA/BS degree in Finance or Accounting required
• CPA or MBA preferred
• Must be fluent or near fluent in English
• Experience working with large amounts of data preferred
• Experience with SAP is a plus
• Previous "Big 4" accounting experience preferred
• Must be willing and able to travel.

Benefits

• health insurance
• 401(k) matching
• flexible working hours
• professional development opportunities