MGA Entertainment
Mission:
To supervise the Royalty Accounting team, ensuring accurate and timely accounting activities related to licensee billing, cash collections, and royalty revenue recording.
Key Result Areas
Supervise Royalty Analysts and ensure appropriate accounting activities are performed | 20%
Prepare Licensor quarterly royalty statements and ensure accuracy of reports and payments | 25%
Assist management with Royalty forecast, budget analysis, and ad hoc reports | 25%
Support month-end close activities, including journal entries and account reconciliations | 20%
Ensure adherence to internal controls and procedures in the Royalty Accounting department | 10%
Position Requirements
Education/Experience:
Bachelor’s degree with an emphasis in Accounting, Finance, or a related business field required
6-10 years experience in Royalty or Participations accounting, including 3-5 years in a managerial role
Skills/Knowledge/Ability:
Familiarity with basic merchandise and promotional licensing contracts, including key terminology and finance-related terms
Ability to work independently, handle multiple assignments, and meet deadlines
Strong written and verbal communication skills for interaction with licensees, licensing agents, and internal personnel
Proficiency in Microsoft Word, Excel, and experience with Royalty Systems preferred
Some proficiency with Excel macros, VBA applications, and report/form design is a plus
Authority:
Reports to Director of Licensing Operations
Key Result Areas and Activities
Assist in establishing and maintaining internal controls and procedures to protect company assets
Prepare and submit Licensor royalty reporting and payment obligations per contract terms
Ensure Licensees adhere to royalty reporting and payment obligations, coordinating with sales, operations, and legal departments as needed
Maintain organized accounting records, including licensee contracts, statements, payments, and correspondence
Support month-end close activities and assist with financial analysis and forecasting
Assist in all accounting functions (including accruals, revenue recognition, reconciliations, account analysis, etc.)
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