Sr Financial Analyst

Reed Technology•Dayton, OH

2d•$65,100 - $108,500

About The Position

The Senior Financial Analyst performs general accounting activities, including the preparation, maintenance and reconciliation of ledger accounts and financial statements such as balance sheets, profit-and-loss statements and capital expenditure schedules. Prepares, records, analyzes and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles. Provides financial support, including forecasting, budgeting and analyzing variations from budget. Analyzes and prepares statutory accounts, financial statements and reports. Conducts or assists in the documentation of accounting projects.

Requirements

General accounting activities
Preparation, maintenance and reconciliation of ledger accounts and financial statements
Preparation, recording, analysis and reporting of accounting transactions
Ensuring the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles
Financial support, including forecasting, budgeting and analyzing variations from budget
Analysis and preparation of statutory accounts, financial statements and reports
Conducting or assisting in the documentation of accounting projects
Calculate, validate, and process royalty accruals and payments in accordance with contractual agreements
Prepare monthly, quarterly, semi annual, and annual royalty statements
Review royalty contracts and interpret key financial terms, payment structures, and obligations
Reconcile royalty subledgers to the general ledger and investigate discrepancies
Ensure accurate recording of royalty expenses and liabilities
Analyze royalty trends, variances, and financial performance
Identify and explain fluctuations in royalty expenses and payments
Develop ad hoc financial analyses and management reports
Ensure compliance with contractual agreements, IFRS requirements, and company policies
Maintain strong internal controls over royalty calculations and payment processes
Support internal and external audits by providing documentation and explanations
Monitor contract compliance and identify potential financial risks
Maintain and improve royalty accounting systems, databases, and reporting tools
Collaborate with IT and business teams on system enhancements and automation initiatives
Streamline royalty calculation processes to improve efficiency and accuracy
Assist in implementation of new royalty management software or ERP systems
Partner with Legal, Licensing, Operations, and Finance teams to resolve royalty-related issues
Provide guidance on royalty accounting implications of new contracts and business initiatives
Respond to inquiries from licensors, agents, artists, publishers, or other stakeholders regarding royalty statements and payments

Nice To Haves

Building solid internal and external relationships resulting in growth
Collaborating cross-functionally to deliver on common goals

Responsibilities

Calculate, validate, and process royalty accruals and payments in accordance with contractual agreements.
Prepare monthly, quarterly, semi annual, and annual royalty statements.
Review royalty contracts and interpret key financial terms, payment structures, and obligations.
Reconcile royalty subledgers to the general ledger and investigate discrepancies.
Ensure accurate recording of royalty expenses and liabilities.
Analyze royalty trends, variances, and financial performance.
Identify and explain fluctuations in royalty expenses and payments.
Develop ad hoc financial analyses and management reports.
Ensure compliance with contractual agreements, IFRS requirements, and company policies.
Maintain strong internal controls over royalty calculations and payment processes.
Support internal and external audits by providing documentation and explanations.
Monitor contract compliance and identify potential financial risks.
Maintain and improve royalty accounting systems, databases, and reporting tools.
Collaborate with IT and business teams on system enhancements and automation initiatives.
Streamline royalty calculation processes to improve efficiency and accuracy.
Assist in implementation of new royalty management software or ERP systems.
Partner with Legal, Licensing, Operations, and Finance teams to resolve royalty-related issues.
Provide guidance on royalty accounting implications of new contracts and business initiatives.
Respond to inquiries from licensors, agents, artists, publishers, or other stakeholders regarding royalty statements and payments.