Sr. Financial Analyst, Participations Cash Management

Company: Warner Media Group
Location: Burbank
Posted on: January 12, 2020

Job Description:

The Job

We are currently seeking a Senior Analyst with a curious mind and a passion for process improvement, as well as an interest in cash forecasting, to join the Financial Contract Reporting & Administration department (FCRA). This role will provide you with an opportunity to join a team that is committed to ongoing process improvement, as well as an opportunity to learn about various aspects of the entertainment industry.

The Senior Analyst, Participations Cash Management is responsible for assisting with the participations cash budget, as well as reviewing participations statements; assisting in the cash forecasting process, and ensuring the timely preparation of participations monthly and yearly cash forecasts; and reviewing and understanding contractual agreements, ensuring that all financial obligations are met. Additionally, this position will be responsible for brainstorming/implementing process improvement ideas, documenting changes to business processes, and ad-hoc special projects.

The Daily

• Forecasting monthly/yearly/quarterly participation budget and forecast using constantly evolving methodologies.
• Leveraging the Participations reporting system to perform detailed participations cash flow modeling for film & television product, utilizing known contractual reporting obligations, latest internal projections, various reports, and specialized media knowledge, i.e. windowing and release patterns, distribution cost trends, etc.
• Conducting variance analysis of actual participations payments against budget/forecast.
• Identifying and implementing potential improvements in cash forecasting and other business processes, including reporting to achieve greater accuracy and efficiency while communicating any obstacles, challenges, enablers and successes.
• Preparing/reviewing participation statements to ensure financial integrity and contractual compliance.
• Assisting in special projects, process documentation, and ad-hoc analysis/research as necessary, including buyout analysis and participant and/or auditor queries.
  
  The Essentials
  • Bachelor's Degree required.
  • Experience in participations, cash management/forecasting, process improvement, or related field..
  • Entertainment industry, financial accounting, cash flow experience, financial reporting for media and entertainment strongly preferred.
  • Experience interacting with management across multiple organizational areas and conducting presentations to various staff levels, leading meetings & trainings, etc.
  • Outstanding interpersonal and communication skills
  • Experience with system implementations and testing preferred.
  • Experience in a large corporate environment preferred.
  • Experience in a fast-paced, collaborative, team-oriented environment.
  • Effective time management skills to handle multiple and changing priorities; ability to thrive in an environment that demands constant process changes
  • Strong Microsoft Excel skills and experience with other analytics tools, such as Tableau. Experience with cloud based collaboration tools (e.g. MS Teams, Slack, Google Apps, JIRA), and familiarity with Agile methodology a plus
  • Aptitude to quickly learn new technologies and processes.But Wait, There's More
    • Telecommute once per week after you've been with the company for six-month.
    • Warner Bros. offers a generous benefits package and 401K plan
    • Wear casual dress Monday - Friday "Dress for the Day"
      Warner Media, LLC and its subsidiaries are equal opportunity employers. Qualified candidates will receive consideration for employment without regard to race, color, religion, national origin, gender, sexual orientation, gender identity or expression, age, mental or physical disability, and genetic information, marital status, citizenship status, military status, protected veteran status or any other category protected by law.
      Requisition #
      173431BR
      
      Area of Interest
      Participations/Residuals/Royalties
      
      Industry
      Film Production and Distribution
      
      Location
      United States - California - Burbank
      
      Position Type
      Full Time
      
      Business Unit
      Financial Contract Reporting Administration
      
      Business Unit Overview
      Warner Bros. corporate functions provide specialized knowledge and expertise to support our vast portfolio of businesses like DC Comics, Warner Bros. Pictures, Warner Bros. Television Group and Warner Bros. Consumer Products.
      
      Company Overview
      WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content from a diverse array of talented storytellers and journalists to global audiences through its consumer brands including: HBO, HBO Now, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim, Turner Classic Movies and others.
      
      Warner Bros. has been entertaining audiences for more than 90 years through the world's most-loved characters and franchises. Warner Bros. employs people all over the world in a wide variety of disciplines. We're always on the lookout for energetic, creative people to join our team.
      

Keywords: Warner Media Group, Burbank , Sr. Financial Analyst, Participations Cash Management, Executive , Burbank, California