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Lead 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:

Job Description

The Lead Residuals Analyst will provide research and analytical support to the MGM Residuals and Participations Department. This position will include forecasting, processing, compliance analysis, claims resolution, and ultimates activities. A substantial focus of the position will be on creating and maintaining internal forecast and ultimate models to confirm timely payment of residuals. The Lead Residuals Analyst will also ensure MGM remains compliant with the AMPTP and guild collective bargaining agreements as it relates to theatrical motion pictures and television programs that are in development, production, distribution, and licensed for reuse. The position requires financial analysis for accurate input of information for new product set-up in the residuals processing system.

Responsibilities:

  • Forecast residual liabilities and create models for projects under consideration or in development
  • Gather and evaluate financial documents and other documentation related to product to be entered into MGM residuals systems
  • Enter and/or review information input into the MGM residuals systems
  • Create and maintain residual ultimates for products after release
  • Calculate accrual rates by product and library
  • Support month-end financial close diligence
  • Support monthly, quarterly, and ad hoc payment processes and related diligence, (e.g., reconciling various g/l account balances between systems, analyzing variances, calculating any necessary adjustments, preparing and/or reviewing journal entries, updating monthly and quarterly reports)
  • Prepare claims analysis and support the residual and audit team as required
  • Conduct research and provide analysis to respond to ad-hoc requests

 

Job Requirements:

  •  
  • Bachelor's degree with emphasis in Accounting or Finance preferred
  • Minimum 4 years of prior Accounting / Finance / Residuals / Participation experience in the entertainment industry preferred
  • At least 2 years in a residuals department or environment
  • Knowledge and comprehension of residual guild agreements
  • Strong Excel, Microsoft Office, and network based skills required
  • Ability to maintain a large volume of data in various programs, spreadsheets, and systems
  • Detail-oriented with strong organizational and analytical skills
  • Ability to grasp new concepts and problem-solve in a dynamic, creative environment
  • Fundamental understanding of computer systems mandatory
  • SAP knowledge preferred
  • Excellent oral and written communication skills
  • Be a highly motivated, analytical, and proactive person with the ability to work in a collaborative team-oriented environment

Job Description:

Job Description

The Lead Residuals Analyst will provide research and analytical support to the MGM Residuals and Participations Department. This position will include forecasting, processing, compliance analysis, claims resolution, and ultimates activities. A substantial focus of the position will be on creating and maintaining internal forecast and ultimate models to confirm timely payment of residuals. The Lead Residuals Analyst will also ensure MGM remains compliant with the AMPTP and guild collective bargaining agreements as it relates to theatrical motion pictures and television programs that are in development, production, distribution, and licensed for reuse. The position requires financial analysis for accurate input of information for new product set-up in the residuals processing system.

Responsibilities:

  • Forecast residual liabilities and create models for projects under consideration or in development
  • Gather and evaluate financial documents and other documentation related to product to be entered into MGM residuals systems
  • Enter and/or review information input into the MGM residuals systems
  • Create and maintain residual ultimates for products after release
  • Calculate accrual rates by product and library
  • Support month-end financial close diligence
  • Support monthly, quarterly, and ad hoc payment processes and related diligence, (e.g., reconciling various g/l account balances between systems, analyzing variances, calculating any necessary adjustments, preparing and/or reviewing journal entries, updating monthly and quarterly reports)
  • Prepare claims analysis and support the residual and audit team as required
  • Conduct research and provide analysis to respond to ad-hoc requests

 

Job Requirements:

  •  
  • Bachelor's degree with emphasis in Accounting or Finance preferred
  • Minimum 4 years of prior Accounting / Finance / Residuals / Participation experience in the entertainment industry preferred
  • At least 2 years in a residuals department or environment
  • Knowledge and comprehension of residual guild agreements
  • Strong Excel, Microsoft Office, and network based skills required
  • Ability to maintain a large volume of data in various programs, spreadsheets, and systems
  • Detail-oriented with strong organizational and analytical skills
  • Ability to grasp new concepts and problem-solve in a dynamic, creative environment
  • Fundamental understanding of computer systems mandatory
  • SAP knowledge preferred
  • Excellent oral and written communication skills
  • Be a highly motivated, analytical, and proactive person with the ability to work in a collaborative team-oriented environment