Financial Analyst, Royalties
5 months ago
Are you a kid at heart looking to build a career with a leading global children's toy, entertainment and digital gaming company?
At Spin Master, our unwavering commitment to open mindedness, integrity and innovation is a great part of what has made us an industry leader. How do we stay ahead of the pack? By hiring the best and brightest minds—and that’s why we want you
**What will you work on?**
The Financial Analyst, Royalties will report to the Senior Manager, Global Royalty Management and will be responsible for the financial accounting of royalties. This role will analyze sales transactions and calculate the applicable royalty payable due on the sale of licensed products while working closely with various stakeholder groups including the Licensing, Inventor Relations, Legal, Brand and Finance teams.
**How will you create impact?**
- Prepare Quarterly Royalty Statements to comply with vendor agreements
- Work with Brand teams to identify the Licensors/Contracts applicable to each new product
- Track and record royalties including sales and payments according to agreements
- Ensure that all applicable taxes relating to royalties are calculated, recorded and paid on a timely basis
- Calculating and recording monthly royalty accruals
- Assist with the audit process including responding to audit inquiries, preparation of requested documents and supporting the testing of internal controls
- Improve and automate workbooks to enhance accuracy of royalty statements
- Identify opportunities for process improvement and risk mitigation including automation, system enhancements and best practices
- Support a robust control environment ensuring compliance with regulatory requirements and company policies and supporting audits thereof
**What are your skills and experience?**
- Proficient in MS Office programs, especially excel (pivot tables, v-lookups, advanced formulas) and SAP
- Detail-oriented mindset with a focus on accuracy, compliance, and continuous improvement
- Add Hashtag *e.g. LIHybrid and #Spinmaster is hiring. _
**What you can expect from us**:
Our mission is to Make Life More Fun with a vision to push the boundaries of innovation, creativity, and fun.
- Growth and Career Opportunities
- Flexible Work Hours
- Innovation, Collaboration and Fun
- Comprehensive Benefits
- Other fun Perks
**What’s it like to work here?**
Spin Master is a fast-paced, hands-on organization that provides many great opportunities for impactful decision-making; though our challenging start-up atmosphere isn’t for everyone, we have a proven record of opportunities for future advancement and internal transfers for our passionate and results driven team.
Everyone is welcome in our sandbox and we are committed to an accessible and inclusive hiring process that provides reasonable accommodation to all applicants.
- We do appreciate all interest; however only those selected for interview will be contacted._
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