Royalty Manager

MGA Entertainment; Los Angeles (CA); On-site; USD 70,000 - 95,000; Full time

Job summary

MGA Entertainment in Los Angeles seeks a Senior Royalty Accounting Manager to supervise the Royalty Accounting team, overseeing licensee billing, collections, and revenue recording to ensure accuracy and timeliness. You will prepare Licensor quarterly royalty statements, coordinate with sales, and support forecast, budget analyses, and ad hoc reports.

In addition, you will support month-end close with journal entries, account reconciliations, maintain internal controls, and ensure contract terms

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required.
• 6–10 years experience in Royalty or Participations accounting, including 3–5 years in a managerial role.

Responsibilities

• Supervise Royalty Analysts and ensure appropriate accounting activities are performed.
• Prepare Licensor quarterly royalty statements and ensure accuracy of reports and payments.
• Assist management with Royalty forecast, budget analysis, and ad hoc reports.
• Support month-end close activities, including journal entries and account reconciliations.
• Ensure adherence to internal controls and procedures in the Royalty Accounting department.
• Assist in establishing and maintaining internal controls to protect company assets.
• Prepare and submit Licensor royalty reporting and payment obligations per contract terms.
• Maintain organized accounting records for licensee contracts, statements, and payments.

Skills

Licensing terminology

Independent work

Written and verbal communication

Microsoft Word, Excel

Royalty Systems experience

Excel macros / VBA (nice to have)

Education

Bachelor’s degree in Accounting/Finance

Tools

Royalty Systems

Job description

Mission:
To supervise the Royalty Accounting team, ensuring accurate and timely accounting activities related to licensee billing, cash collections, and royalty revenue recording.

Key Result Areas

1. Supervise Royalty Analysts and ensure appropriate accounting activities are performed | 20%
2. Prepare Licensor quarterly royalty statements and ensure accuracy of reports and payments | 25%
3. Assist management with Royalty forecast, budget analysis, and ad hoc reports | 25%
4. Support month-end close activities, including journal entries and account reconciliations | 20%
5. Ensure adherence to internal controls and procedures in the Royalty Accounting department | 10%

TOTAL TIME UTILIZATION

Position Requirements

Education/Experience:

• Bachelor’s degree with an emphasis in Accounting, Finance, or a related business field required
• 6-10 years experience in Royalty or Participations accounting, including 3-5 years in a managerial role

Skills/Knowledge/Ability:

• Familiarity with basic merchandise and promotional licensing contracts, including key terminology and finance-related terms
• Ability to work independently, handle multiple assignments, and meet deadlines
• Strong written and verbal communication skills for interaction with licensees, licensing agents, and internal personnel
• Proficiency in Microsoft Word, Excel, and experience with Royalty Systems preferred
• Some proficiency with Excel macros, VBA applications, and report/form design is a plus

Authority:

• Reports to Director of Licensing Operations

Key Result Areas and Activities

• Assist in establishing and maintaining internal controls and procedures to protect company assets
• Prepare and submit Licensor royalty reporting and payment obligations per contract terms
• Ensure Licensees adhere to royalty reporting and payment obligations, coordinating with sales, operations, and legal departments as needed
• Maintain organized accounting records, including licensee contracts, statements, payments, and correspondence
• Support month-end close activities and assist with financial analysis and forecasting
• Assisting in all accounting functions (including accruals, revenue recognition, reconciliations, account analysis, etc.)
• Assisting in the collection of cash
• Other duties as assigned

Salary

$70,000.00 - $95,000.00 /year