Residuals Director: Lead Audits, Systems & Reporting

Mpiphp

Los Angeles (CA)

Hybrid

USD 140,000 - 170,000

Full time

6 days ago
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Job summary

Motion Picture Industry Pension & Health Plans (MPI) seeks a Director of Residuals to lead residual operations, reporting, audits, collections, and system implementation. Responsibilities include strengthening workflows, controls, documentation, reporting practices, and follow-up processes to support accurate, timely, and well-controlled residual activity.

The Director will also guide implementation of a new residuals system, support future system enhancements, and develop clear reporting and

Qualifications

  • Bachelor's degree required; degree in finance, accounting, business administration, entertainment / media, or related field preferred.
  • Minimum 10 years of related industry experience, preferably with significant experience in residuals.
  • Minimum 5 years of leadership experience, with demonstrated ability to manage, coach, develop, and hold staff accountable.
  • Understanding of Guild Collective Bargaining Agreements, residual reporting requirements, compliance obligations, and related operational processes.
  • Strong expertise in contract interpretation, with experience residual calculations and audits a plus.
  • Experience supporting or leading system implementations, conversions, upgrades, workflow redesigns, automation initiatives, reporting enhancements, or post-implementation stabilization.

Responsibilities

  • Oversee residual operations from contribution allocation through processing, reporting, collection, aging analysis, and auditing.
  • Ensure residual contribution allocations between Plan entities are accurate and timely, consistent with applicable Collective Bargaining Agreements and actuarial projection funding requirements.
  • Analyze agreements and contracts to support accurate residual calculations, compliance, and reporting treatment.
  • Coordinate residual audits of studios, streamers, and distribution companies with the third-party audit firm, including audit announcements, planning, status tracking, and follow up.
  • Proactively lead discussions with the third-party audit firm and applicable studios, streamers, and distribution companies to resolve findings, collect amounts due, and confirm appropriate calculations for future reporting.
  • Oversee recurring residuals reporting, including monthly audit receivables and aging reports, residual funding reports, periodic statistical reports, and other reporting needed to support operations, financial oversight, and decision-making.
  • Analyze residuals collections, audit receivables, aging, variances, trends, and issues to identify risks, drive follow-up, support timely resolution, and improve collection outcomes.
  • Provide residuals-related financial reporting and analytics to support Accounting, actuarial projections, collective bargaining negotiations, forecasting, and other financial planning or oversight needs.
  • Translate residuals data into clear, actionable summaries and presentations for executive leadership, the Audit & Collections Committee, and the Board, highlighting collections activity, audit status, aging trends, financial impact, key risks, unresolved issues, and recommended next steps.

Skills

Leadership
Strategic thinking
Analytical skills
Problem solving
Stakeholder management
Team development
Process improvement
Communication

Education

Bachelor's degree in finance, accounting, business administration, entertainment / media, or related field

Tools

Microsoft Excel
ERP systems
Payroll systems
Document management systems
Workflow tools

Job description

Motion Picture Industry Pension & Health Plans (MPI) seeks a Director of Residuals to lead residual operations, reporting, audits, collections, and system implementation. Responsibilities include strengthening workflows, controls, documentation, reporting practices, and follow-up processes to support accurate, timely, and well-controlled residual activity.

The Director will also guide implementation of a new residuals system, support future system enhancements, and develop clear reporting and

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