Financial Analyst, Licensing

THE METROPOLITAN MUSEUM OF AR; New York (NY); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, vision

403(b) retirement plan

Staff cafeteria

Museum discounts

Paid time off

Job summary

The Metropolitan Museum of Art seeks a Financial Analyst, Licensing & Royalties to manage, analyze, and report royalty and licensing revenue and expenses across a global brand portfolio. You will ensure accurate calculation, payment, collection, and reconciliation of obligations while delivering insights to support strategy and profitability.

Ideal candidates combine strong financial analysis with contract interpretation and experience with licensing agreements.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.
• 3-4 years of experience in financial analysis, royalty accounting, or licensing finance.
• Strong Excel, financial modeling, and data analysis skills.
• Understanding of accrual accounting and revenue recognition principles.
• Experience reviewing contractual financial terms and compliance.

Responsibilities

• Calculate and validate royalty revenues and expenses per licensing agreements.
• Review and interpret licensing contracts for accurate royalty rates, guarantees, advances, deductions and terms.
• Prepare and process royalty accruals, settlements, invoices and payment schedules.
• Investigate discrepancies in sales, usage metrics, royalties, and payments.
• Develop monthly, quarterly and annual royalty reports to identify trends and risks.
• Prepare ad hoc analyses to support decision-making and business initiatives.
• Develop forecasts and planning models for licensing revenues and expenses.
• Ensure compliance with contractual obligations and internal policies.
• Support audits and coordinate with licensors and licensees.
• Collaborate cross-functionally to interpret contracts and advise on financial implications.

Skills

Advanced Excel

Financial analysis

Royalty accounting

Contract interpretation

Brand Comply

Workday

Communication skills

Education

Bachelor's degree in Finance/Accounting/Economics/Business Administration

Tools

Brand Comply

Workday

Job description

About the Metropolitan Museum of ArtThe Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The Met experience online.Since its founding in 1870, The Met has always aspired to be more than a treasury of rare and beautiful objects. We are committed to fostering a collaborative and respectful work environment with a staff as diverse as the audiences we engage. Our staff members are art lovers who are passionate about working toward a common goal: creating the most dynamic and inspiring art museum in the world.At The Met, every staff member – from security officers to researchers to scientists and beyond – lives by our core values of respect, inclusivity, collaboration, excellence, and integrity.Respect: Engage one another with collegiality, empathy, and kindness, always.Inclusivity: Ensure that all are and feel welcome and valued.Collaboration: Reach across boundaries to exchange ideas and work together toward our shared mission.Excellence: Lead the cultural world in quality and expertise—and inspire curiosity and creativity.Integrity: Hold ourselves to the highest moral standards, admit when we fall short, and then evolve.GENERAL STATEMENT OF RESPONSIBILITIES & DUTIES:The Financial Analyst, Licensing & Royalties is responsible for managing, analyzing, and reporting royalty and licensing revenue and expenses across a global portfolio of brands, products, and strategic partnerships. This role ensures accurate calculation, payment, collection, and reconciliation of royalty obligations while providing financial insights that support licensing strategy, contract compliance, forecasting, and profitability analysis.The ideal candidate combines strong financial analysis skills with contract interpretation capabilities and possesses experience working with complex royalty agreements, including master licensing and representative agreements with global licensing agencies, revenue-sharing arrangements, and collaborations. The candidate should also have experience using BrandComply or similar licensing enterprise software platform.PRIMARY RESPONSIBILITIES & DUTIES:Calculate and validate royalty revenues and expenses in accordance with licensing agreements.Review and interpret licensing contracts to ensure accurate application of royalty rates, guarantees, advances, deductions, and payment terms.Prepare and process royalty accruals, settlements, invoices, and payment schedules.Investigate and resolve discrepancies related to reported sales, usage metrics, royalty calculations, and payments.Develop monthly, quarterly, and annual royalty reporting to analyze trends and contract performance and identify risks and opportunities.Prepare ad hoc analyses supporting strategic decision-making and business development initiatives.Develop and maintain forecasts and annual planning models for licensing and royalty revenues and expenses, incorporating contract terms, royalty rates, sales projections, minimum guarantees, and other key deal assumptions to support financial planning and decision-making.Ensure compliance with contractual obligations and internal financial policies.Support royalty audit activities and coordinate responses to external auditors, licensors, and licensees.Partner cross-functionally to interpret contracts, resolve financial issues, provide guidance on financial implications of proposed deals, and support management with performance metrics and recommendations to optimize licensing revenuesREQUIREMENTS & QUALIFICATIONS:Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.3-4 years of experience in financial analysis, royalty accounting, licensing finance, revenue accounting, or related disciplines.Advanced Microsoft Excel skills including pivot tables, lookups, financial modeling, and data analysis.Strong understanding of financial statements, accrual accounting, and revenue recognition principles.Experience reviewing and interpreting contractual financial terms.Excellent analytical, organizational, and problem-solving skills.Strong written and verbal communication abilities.Experience in media, entertainment, publishing, consumer products, software, gaming, retail, fashion, sports, or intellectual property-based businesses preferred.Knowledge of royalty management systems and ERP platforms including Workday and Brand Comply is a plus.CPA, CFA, or progress toward certification is a plus.COMPENSATION:Pay Rate: $90,000 - $100,000 / AnnuallyThe advertised pay scale reflects the good faith minimum and maximum salary range for this role. The advertised pay scale is not a promise of a particular wage for any specific employee. The specific compensation offered to a candidate may be dependent on a variety of factors including, but not limited to, the candidate’s experience, education, special licensing or qualifications, and other factors.Visa SponsorshipVisa sponsorship is not available for this position.Location RequirementsAt time of employment, employees are expected to be located within commuting distance of the Museum. “Commuting distance” means that they are located in one of following states: New York, New Jersey, Connecticut, or Pennsylvania (the “Tri-state and PA” areas), and be able to commute to and from the Museum in a single day.Benefits OfferingsThe Museum provides competitive compensation, and generous benefits and perks for all eligible employees. Note: Benefits Offering may differ based on Employee Status.Medical, dental, vision and life insurance403(b) basic retirement plan and optional matching retirement plan with an outstanding employer matchConsiderable paid time off, including annual leave, sick leave, and 13 Museum holidaysLong-term disability coverageFlexible Spending Accounts & Health Savings Account (pre-tax income for eligible health care expenses)Commuter benefits (pre-tax income for parking or mass transit expenses)Free financial-planning servicesFinancial assistance for relevant coursework, seminars, and training programs25% discount for staff in Museum shopsA subsidized staff cafeteriaAccess to the Museums Council pass, which grants free admission to various museums and cultural institutionsWe recognize that it is highly unlikely that someone meets 100% of the desired attributes for a role. If much of this job description describes you, then please apply for this role.The Met is committed to the full inclusion of all qualified individuals. As part of this commitment, The Met will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed in this process, please contact [e-mail] Metropolitan Museum of Art provides equal opportunity to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, national origin, ancestry, age, mental or physical disability, pregnancy, alienage or citizenship status, marital status or domestic partner status, genetic information, genetic predisposition or carrier status, gender identity, HIV status, military status and any other category protected by law in all employment decisions, including but not limited to recruitment, hiring, compensation, training and apprenticeship, promotion, upgrading, demotion, downgrading, transfer, lay-off and termination, and all other terms and conditions of employment.