Employers

Residuals Analyst Back

Metro-Goldwyn-Mayer Studios Inc.

Beverly Hills,California 90210

Web Site:

www.mgm.com/#/about/careers

Company Profile

col-wide   

Category:

Accounting / Finance

Job Description:

The Residuals Analyst will provide research and analytical support to MGM’s residuals forecasting, processing, compliance, claims resolution, and ultimates processes.  A substantial focus of the position will be on creating and maintaining internal forecasting and ultimates models for the residuals payable with respect to motion pictures and television programs in development or production, and new product set-up in the company’s residuals processing system upon release.

Responsibilities:

•Analyzing collective bargaining agreements, license agreements, and talent contracts germane to residuals calculations
•Creating and maintaining residuals forecasts models for projects under consideration or in development
•Gathering and evaluating financial and other documentation (e.g., budgets, contracts) related to product to be entered into MGM residuals systems
•Entering and/or reviewing information input into the MGM residuals systems
•Creating and maintaining residuals ultimates for product after release
•Supporting month-end financial close diligence related to gross receipts
•Supporting monthly, quarterly, and ad hoc payment processes and related diligence, e.g., reconciling various G/L account balances between systems, analyzing variances, and calculating any necessary adjustments, preparing and/or reviewing journal entries, updating monthly and quarterly reports
•Evaluating residuals claims and preparing claims analysis
•Calculating accrual rates by picture and library
•Supporting the audit team as required
•Providing research and analysis to respond to ad-hoc requests

Job Requirements:

•Bachelor's degree with emphasis in accounting or finance preferred
•Minimum 1-year prior accounting/finance/participation experience in the entertainment industry preferred, may consider appropriate internship experience
•Strong Excel skills required
•Ability to maintain a large volume of data in various programs, spreadsheets, and systems
•Entertainment industry production accounting or network audit experience preferred
•Detail-oriented with strong organizational and analytical skills
•Strong initiative and follow-through on projects
•Ability to grasp new concepts and problem-solve in a dynamic, creative environment
•Fundamental understanding of computer systems mandatory; SAP knowledge helpful
•Excellent oral and written communication skills

Job Descriptions:

The Residuals Analyst will provide research and analytical support to MGM’s residuals forecasting, processing, compliance, claims resolution, and ultimates processes.  A substantial focus of the position will be on creating and maintaining internal forecasting and ultimates models for the residuals payable with respect to motion pictures and television programs in development or production, and new product set-up in the company’s residuals processing system upon release.

Responsibilities:

•Analyzing collective bargaining agreements, license agreements, and talent contracts germane to residuals calculations
•Creating and maintaining residuals forecasts models for projects under consideration or in development
•Gathering and evaluating financial and other documentation (e.g., budgets, contracts) related to product to be entered into MGM residuals systems
•Entering and/or reviewing information input into the MGM residuals systems
•Creating and maintaining residuals ultimates for product after release
•Supporting month-end financial close diligence related to gross receipts
•Supporting monthly, quarterly, and ad hoc payment processes and related diligence, e.g., reconciling various G/L account balances between systems, analyzing variances, and calculating any necessary adjustments, preparing and/or reviewing journal entries, updating monthly and quarterly reports
•Evaluating residuals claims and preparing claims analysis
•Calculating accrual rates by picture and library
•Supporting the audit team as required
•Providing research and analysis to respond to ad-hoc requests

Job Requirements:

•Bachelor's degree with emphasis in accounting or finance preferred
•Minimum 1-year prior accounting/finance/participation experience in the entertainment industry preferred, may consider appropriate internship experience
•Strong Excel skills required
•Ability to maintain a large volume of data in various programs, spreadsheets, and systems
•Entertainment industry production accounting or network audit experience preferred
•Detail-oriented with strong organizational and analytical skills
•Strong initiative and follow-through on projects
•Ability to grasp new concepts and problem-solve in a dynamic, creative environment
•Fundamental understanding of computer systems mandatory; SAP knowledge helpful
•Excellent oral and written communication skills