Royalty Manager

MGA Entertainment is one of the largest and fastest growing privately held toy and entertainment companies in the world. Headquartered in Los Angeles, and with offices globally, the company creates innovative, proprietary, and licensed consumer products and entertainment properties, including toys, games, dolls, apparel, consumer electronics, home décor, stationery, sporting goods, movies, and television series. The MGA family includes award-winning brands such as L.O.L. Surprise!, Little Tikes, Rainbow High, Shadow High, Bratz, MGA’s Miniverse, Fluffie Stuffiez, Na! Na! Na! Surprise, Micro Games of America, Baby born Surprise and Zapf Creation. For more information, please visit us at www.mgae.com or check us out at LinkedIn, Twitter, Instagram and Facebook.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 AreasSupervise Royalty Analysts and ensure appropriate accounting activities are performed | 20%Prepare Licensor quarterly royalty statements and ensure accuracy of reports and payments | 25%Assist management with Royalty forecast, budget analysis, and ad hoc reports | 25%Support month-end close activities, including journal entries and account reconciliations | 20%Ensure adherence to internal controls and procedures in the Royalty Accounting department | 10%Position RequirementsEducation/Experience:Bachelor’s degree with an emphasis in Accounting, Finance, or a related business field required6-10 years experience in Royalty or Participations accounting, including 3-5 years in a managerial roleSkills/Knowledge/Ability:Familiarity with basic merchandise and promotional licensing contracts, including key terminology and finance-related termsAbility to work independently, handle multiple assignments, and meet deadlinesStrong written and verbal communication skills for interaction with licensees, licensing agents, and internal personnelProficiency in Microsoft Word, Excel, and experience with Royalty Systems preferredSome proficiency with Excel macros, VBA applications, and report/form design is a plusAuthority:Reports to Director of Licensing OperationsKey Result Areas and ActivitiesAssist in establishing and maintaining internal controls and procedures to protect company assetsPrepare and submit Licensor royalty reporting and payment obligations per contract termsEnsure Licensees adhere to royalty reporting and payment obligations, coordinating with sales, operations, and legal departments as neededMaintain organized accounting records, including licensee contracts, statements, payments, and correspondenceSupport month-end close activities and assist with financial analysis and forecastingAssist in all accounting functions (including accruals, revenue recognition, reconciliations, account analysis, etc.)

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