Royalty Analyst
Sony
Peanuts Worldwide Royalty Team Position
Join our Peanuts Worldwide team to make us part of your story! The characters of Peanuts and related intellectual property are owned by Peanuts Worldwide, which is 80% owned by the Sony Group, and 20% owned by the family of Charles M. Schulz. First introduced to the world in 1950 in the Peanuts comic strip, Charlie Brown, Snoopy and the rest of the gang have made an indelible mark on popular culture. In addition to enjoying beloved Peanuts shows and specials on Apple TV, fans of all ages celebrate the brand around the world through thousands of consumer products, as well as amusement park attractions, cultural events, social media, and comic strips available in all formats, from traditional to digital. Peanuts recently celebrated its 75th Anniversary with unprecedented worldwide exhibitions and activities, collaborations, digital marketing campaigns, and more.
Position Summary
As a part of the Peanuts Worldwide Royalty Team, you will be supporting the Manager, Cash Application & Royalty Management by managing the royalty reporting processes. You will work closely with Legal, FP&A and Corporate Finance/Accounting peers in addition to external auditors, international agents, and licensees. This position will be on a hybrid schedule with 2 days per week in the NYC office.
Job Responsibilities
- Analyze and validate all incoming royalty statements ensuring licensee compliance with contractual terms
- Post royalty actuals and their related invoices and journal entries, maintaining accurate accounting of royalties reported
- Collaborate with contract analysts, commercial, and legal teams to ensure proper interpretation of contractual financial terms
- Communicate with licensees and commercial team to address any discovered unauthorized sales activity
- Identify and propose resolutions for data conflicts contained within royalty statements received
- Serve as main royalty contact for licensees, meeting and communicating with partners for account reconciliations or queries relating to rights granted
- Work closely with FP &A team on any reporting or revenue inquiries relating to licensee forecasts, estimates, etc.
- Review cash received and agency collection statements to address any outstanding reporting and royalty record discrepancies
- Ensure compliance with all corporate financial and internal control policies, including the Sarbanes - Oxley Act
- Support the sales and finance teams with reporting and analytics as needed for account reviews and proposed new deals
- Honesty, trustworthiness and ethical conduct are material requirements for the responsibilities outlined above
Qualifications for Position
Your qualifications and experience should include:
- Bachelor's Degree in Finance, Accounting, Business or closely related field
- 2+ years of experience in Accounting and/or Finance or related roles
- Royalty Accounting and Licensing industry experience strongly preferred, with special focus on royalty participations and contract compliance
- Experience with WestEnd or other rights management software preferred
- Advanced MS Excel (knowledge of pivot tables, lookup functions, etc.)
- Must be detail-oriented and have excellent organizational, communication and interpersonal skills
- Flexible work style: able to adjust to multiple demands and a changing and fast-paced environment
- Must be authorized to work in the US without restriction
We are committed to creating an inclusive employee experience for you to thrive as part of Sony's purpose to "fill the world with emotion through the power of creativity and technology."
Benefits:
- Comprehensive medical, prescription drug, dental, and vision coverage with coverage for spouses/domestic partners and child dependents, including access to a Health Savings Account (HSA) and Flexible Spending Account (FSA)
- Employee assistance plan and comprehensive behavioral health benefits
- Fertility benefits, including, surrogacy, and adoption assistance programs
- Basic and supplemental life insurance for employees as well as supplemental life insurance coverage for their spouses/domestic partners and children
- Voluntary benefits such as group legal, identity theft protection, accident, and hospital indemnity insurance
- Short-term & long-term disability plans
- Up to 12 weeks of paid parental and caregiver leave
- 401(k) Plan with pre-tax, Roth, and after-tax options and company match with immediate vesting
- Education assistance and student loan programs
Other Programs:
- Flexible Work Arrangements, including hybrid work schedules
- Time off to include vacation, paid holidays, sick leave, Summer Fridays (early release), and a winter break between Christmas and New Year's Day (based on business needs)
- Referral bonuses (subject to eligibility)
- Matching gift program
- A wide variety of employee business resource groups (EBRGs)
- Special discounts on Sony products, offered exclusively to Sony employees
- Employee stock purchase plan (Sony covers commissions and fees for your Sony stock purchases made through after-tax payroll deductions)
The target annualized base salary range for this position is $60,000 to $70,000. In addition to the annual base salary, this role is eligible for an annual bonus. The individual will be paid hourly and eligible for overtime. This range does not include any other compensation components or other benefits that an individual may be eligible for. The actual base salary offered depends on a variety of factors, which may include as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.
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