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)