Senior Analyst FP&A, Residuals Ultimates

Job Description

As a key member of the COE FP&A team, this position supports the Residuals ultimates reporting process for Television, Theatrical, and Home Entertainment produced or acquired by Warner Bros. Discovery and HBO/Max according to Film Accounting Standards ASC 926 for the planning cycles (Budget, Forecast, Monthly Update). This includes analysis and review of contractual obligations, setup and review of participation and residual ultimate models, calculation of plan participation and residual ultimates to ensure the accuracy of reporting obligations.

Participations and Residuals Ultimates Reporting

Supports monthly by-title residuals ultimates calculations and analysis for Television, Theatrical, and Home Entertainment products managed by FP&A

Builds and maintains residuals models used to compute ultimate residuals, including review and analysis of guild agreements on a by-title basis to ensure timely and accurate ultimate calculations for all products

Prepares and updates ultimate residuals models and calculates residuals ultimates by title utilizing detailed excel models and SAP

Collaborates with departmental personnel and provides residuals ultimates for inclusion in weekly, monthly, quarterly, and annual reporting requirements

Ensures appropriate analytical analysis is completed and communicated to Senior Management and responds to queries of Senior Management related to issued participations reporting

Assists in updating residuals control log monthly and validates rates from AIRS (corporate residuals system) to ensure that the most recent information provided by the Corporate Residuals Group is used for the calculation of residuals ultimates for all products

Reviews residuals ultimate model setup and calculation with the Corporate Residuals groups to ensure accuracy and completeness based on mutual understanding of issued agreement abstracts as a SOX key control (quarterly)

Ensures necessary system adjustments are reviewed and maintained to produce accurate costing (expense) results, including costing class and MPM attribute maintenance, and system overrides (stat items)

Works closely with Studios Corporate Residuals groups and various Business Unit personnel, as required

Determines and communicates procedures to be followed by departments that provide data for residuals ultimates

Analyzes and adjusts ultimates as needed to ensure costing functions produce expected results

Analyzes plan by-title costing results to ensure accuracy of financial reporting for all planning cycles (forecasts, budget)

MUST HAVE
• Advanced proficiency in Excel required (creating spreadsheets, pivot tables, v-lookups, macros)
• SAP BW/BPS experience preferred
• Strong analytical and logic skills including ability to grasp the ''big picture'' while also maintaining strong detail orientations
• Must have effective writing and verbal communication skills
• Thorough knowledge of accounting principles and practices (GAAP) and financial statements
• Advanced proficiency in Excel required.

Qualifications & Experience…
• • Minimum of 2-3 years' experience in an accounting/forecasting or related environment required
• Previous experience in public accounting and/or the entertainment industry preferred
• BA/BS degree in Accounting/Finance/Business or related field required

Championing Inclusion at WBD
Warner Bros. Discovery embraces the opportunity to build a workforce that reflects the diversity of our society and the world around us. Being an equal opportunity employer means that we take seriously our responsibility to consider qualified candidates on the basis of merit, regardless of sex, gender identity, ethnicity, union status, age, sexual orientation, religion or belief, marital status, pregnancy, parenthood, disability or any other category protected by law.

Jobcode: Reference SBJ-gmbo6m-18-226-88-18-42 in your application.