Spring Intern - Residuals, Participations & 3Rd Party Audit
Sony Pictures
Culver City, CAThis was removed by the employer on 1/24/2020 5:52:00 AM PST
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Part Time Unpaid Internship
Residuals, Participations & 3rd Party Audit Intern - CORP - Spring 2020
The Sony Pictures Entertainment Internship program offers a unique opportunity to work alongside the teams that come together to create movies, TV shows, and other great experiences. These seasonal, paid assignments provide meaningful and productive work that allow you to build your resume, experience and develop your skills further. You will be provided with challenging tasks, real-world experience, valuable networking opportunities, and many educational and social opportunities while on the lot. This Spring Internship is from January through end of May and all candidates must be able to work between 15-29 hours a week (flexible based on school schedule).
The Participations group is responsible for preparing and delivering royalty reports to third party participants on all film, television and new media libraries. The Participations Intern is responsible for recurring statement issuance, ensuring all contractual agreements and financial obligations are being met.
The Residuals and 3rd Party Audit group manages audits initiated by the company's participants and Guilds in regard to the distribution of all motion picture products. The group includes two executive directors, three managers, and four analysts, and manages approximately 75 to 100 audits in various stages per year. The audit group handles everything from contract review, audit scoping, day-to-day management of audit requests and auditor interaction, and eventual settlement of any issues that arise.
RESPONSIBILITIES:
• Assisting an audit manager with preparing the reports and schedules required to commence an audit.
• Tasked with assisting the pulling, reviewing, and providing, under the supervision of the manager, supporting documentation requested by auditors
• As part of this process, the intern will be exposed to system-to-system data reconciliations
• Tracing transactions from the statement back to the source, and communicating with other business units to gain a better understanding of what the data means and
• Analyzing how pulled data relates to the distribution and/or production of motion pictures
• Expected to participate in staff and update meetings
As part of this process, the intern will learn how to read third party agreements; how to apply the terms of the agreements to distribution statements; working with the various finance systems, including SAP, and reporting systems utilized by the company, which will allow the intern to apply knowledge gained in the classroom to real-world finance operations; how to audit a company's books and records, again utilizing classroom skills in a real-world setting; and, how to communicate clearly within the department and with individuals in departments across the Company. The end result of learning this process is that the intern has visibility into how the entire studio works, from production to new media distribution - offering the intern a broad view of how a major motion picture company works.
• QUALIFICATIONS:
• Intermediate to advanced Excel skills;
• Working knowledge of other MS Office products such as Word and PowerPoint
• Ability to read and understand legal documents
• Knowledge of accounting principles and systems
• Ability to work independently and ability to work in a team environment
• Excellent communication skills, both written and verbal.
PREFERRED QUALIFICATIONS:
• Undergrad student studying relevant field
*Sony Pictures Entertainment is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status, age, sexual orientation, gender identity, or other protected characteristics.
* Sony Pictures - CA - Culver City Area & Studios