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Royalty Analyst
About the position
As a part of the Peanuts Worldwide Royalty Team, you will be supporting the Manager, Cash Application & Royalty Management by managing the royalty reporting processes. You will work closely with Legal, FP&A and Corporate Finance/Accounting peers in addition to external auditors, international agents, and licensees. This position will be on a Hybrid schedule with 2 days per week in the NYC office.
Responsibilities
- Analyze and validate all incoming royalty statements ensuring licensee compliance with contractual terms
- Post royalty actuals and their related invoices and journal entries, maintaining accurate accounting of royalties reported
- Collaborate with contract analysts, commercial, and legal teams to ensure proper interpretation of contractual financial terms
- Communicate with licensees and commercial team to address any discovered unauthorized sales activity
- Identify and propose resolutions for data conflicts contained within royalty statements received
- Serve as main royalty contact for licensees, meeting and communicating with partners for account reconciliations or queries relating to rights granted
- Work closely with FP&A team on any reporting or revenue inquiries relating to licensee forecasts, estimates, etc.
- Review cash received and agency collection statements to address any outstanding reporting and royalty record discrepancies
- Ensure compliance with all corporate financial and internal control policies, including the Sarbanes - Oxley Act
- Support the sales and finance teams with reporting and analytics as needed for account reviews and proposed new deals
- Honesty, trustworthiness and ethical conduct are material requirements for the responsibilities outlined above
Requirements
- Bachelor’s Degree in Finance, Accounting, Business or closely related field
- 2+ years of experience in Accounting and/or Finance or related roles
- Advanced MS Excel (knowledge of pivot tables, lookup functions, etc.)
- Must be detail-oriented and have excellent organizational, communication and interpersonal skills
- Flexible work style: able to adjust to multiple demands and a changing and fast-paced environment
- Must be authorized to work in the US without restriction
Nice-to-haves
- Royalty Accounting and Licensing industry experience strongly preferred, with special focus on royalty participations and contract compliance
- Experience with WestEnd or other rights management software preferred
Benefits
- Comprehensive medical, prescription drug, dental, and vision coverage with coverage for spouses/domestic partners and child dependents, including access to a Health Savings Account (HSA) and Flexible Spending Account (FSA)
- Employee assistance plan and comprehensive behavioral health benefits
- Fertility benefits, including, surrogacy, and adoption assistance programs
- Basic and supplemental life insurance for employees as well as supplemental life insurance coverage for their spouses/domestic partners and children
- Voluntary benefits such as group legal, identity theft protection, accident, and hospital indemnity insurance
- Short-term & long-term disability plans
- Up to 12 weeks of paid parental and caregiver leave
- 401(k) Plan with pre-tax, Roth, and after-tax options and company match with immediate vesting
- Education assistance and student loan programs
- Flexible Work Arrangements, including hybrid work schedules
- Time off to include vacation, paid holidays, sick leave, Summer Fridays (early release), and a winter break between Christmas and New Year’s Day (based on business needs)
- Referral bonuses (subject to eligibility)
- Matching gift program
- A wide variety of employee business resource groups (EBRGs)
- Special discounts on Sony products, offered exclusively to Sony employees
- Employee stock purchase plan (Sony covers commissions and fees for your Sony stock purchases made through after-tax payroll deductions)