Revenue & Royalties Accounting Manager

Summary

Join Downtown Music Holdings, a leading global music services company, as their Revenue & Royalties Accounting Manager. This hybrid role, based in Los Angeles, New York, Nashville, or Portland (remote), focuses on managing revenue and royalty financial reporting, reconciliation, and month-end close processes. You will partner with royalties departments to streamline processes, act as a bridge between operational and accounting teams, and implement process improvements. The role requires strong analytical skills, experience with large datasets, and proficiency in Excel. Downtown offers a rich benefits program including life insurance, 401k with match, paid volunteer hours, and a competitive salary.

Requirements

• 5+ years of experience as a CPA or in internal operational accounting, royalty industry preferred
• Highly proficient in Excel by leveraging formulas to build efficient workpapers that are integral to repeatable processes, and have the ability to train others how to use the workpapers
• Experience working with large datasets and performing reconciliations on the datasets to ensure key information can easily be summarized and extracted
• Ability to handle multiple projects simultaneously in a dynamic high-growth environment
• Strong organization and communication skills, with the ability to work well cross-functionally
• Analytical mindset with the ability to ask thoughtful questions and a commitment to continuous improvement
• Curious and solutions focused with the ability to contribute to process improvements
• Meticulous attention to detail and a commitment to delivering high quality and consistent work product

Responsibilities

• Partner with the royalties departments to streamline revenue recognition, high volume royalty distribution, and reporting processes
• Become the bridge between the royalties operation teams and the financial US GAAP accounting departments to properly translate the royalty activity and appropriately capture financial statement impacts
• Review current revenue recognition processes, and implement process improvements to improve the efficiency and timeliness of the close and reporting
• Support financial reporting teams with month-end journal entries, reconciliations and supporting schedules of accounts impacted by these processes (i.e. Revenue Accruals, Royalties Payable and Advances)
• Develop additional analysis related to key accounts/reconciliations to identify business insights and performance measures
• Ensure key royalty processing systems are properly implemented and accomplishing the necessary operational objectives across operating entities (Microsoft Dynamics, Netsuite, Trolley)
• Develop key reporting necessary for audit support and proper internal control reconciliations on the royalty P&L and balance sheet accounts
• Ensure accounts receivable processes are properly managed and receivable balance information is accurately provided to financial reporting team
• Over time, expand expertise and partner with other Operating Companies in the Downtown Group to help create and manage a first in class financial operations organization

Benefits

• Rich benefit program
• Life Insurance
• 401k (with match)
• Paid Volunteer Hours
• Medical, dental, and vision
• Life insurance
• 401(k) match
• Generous paid time off