Revenue Analyst
Miramax
Los Angeles, CAThis was removed by the employer on 5/23/2018 3:09:00 PM PST
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Full Time Job
Position Title: Revenue Analyst
Location: Santa Monica, CA
Reporting To: Accounting Manager
Summary
The Revenue Analyst is primarily responsible for supporting the Accounting operations related to film licensing and royalties. The Revenue Analyst will review customer agreements and accounts to understand invoicing, collections and revenue requirements. The Analyst will ensure that invoices are issued and payments are collected in a timely manner and ensure revenue is properly recorded in accordance with GAAP.
Responsibilities
• Manage the flow of incoming royalty statements from licensees and 3rd party distributors
• Engage in the review and interpretation of royalty agreements
• Work with licensees and/or distributors to ensure that royalty statements are being reported in accordance with contractual terms
• Collaborate with C&C to ensure the timeliness of payments and submissions of statements
• Audit and review all royalty statements for proper accounting treatment
• Support International Distributor audits by providing agreements and statements to external audit teams, monitoring status of ongoing audits, identifying audit issues and assist in their resolution
• Prepare/Review revenue adjustments, journal entries and account reconciliations to ensure the integrity and accuracy of data
• Work with IT to identify and implement a new royalty system solution
• Prepare support for monthly close packages and internal/external quarterly audits relating to the royalty business
• Perform Cash and GAAP revenue reporting and By-Title and By-Market Reporting
• Prepare quarterly roll forwards of Deferred Revenue and Accrued A/R
• Provide variance analysis of actuals to budget and actuals to prior period
• Special assignments and analysis as required
Requirements
• 3 years of Accounting experience in the entertainment industry
• Bachelor’s degree in Accounting or equivalent; MBA and/or CPA preferred
• Good understanding of revenue accounting, royalties reporting
• SAP knowledge and experience is preferred
• Intermediate to advance Excel skills
• Excellent interpersonal and communication skills
• Proactive, independent approach to work, high attention to detail, strong initiative and enthusiasm
• Must be a team player that thrives in a fast paced environment
• Familiarity with film revenue recognition requirements per FASB ASC 926 preferred