Financial Analyst, Participations & Residuals

2 Months ago • 3-5 Years • Finance • $69,000 PA - $73,000 PA

Job Summary

Job Description

The Financial Analyst, Participations & Residuals ensures residuals are set up and paid in compliance with guild agreements. Responsibilities include interpreting union agreements, collecting documentation, confirming proration calculations, preparing residual estimates, and processing participations and residuals reporting. The role also assists with audits, special projects, and ad-hoc analysis. This involves gathering documentation, reviewing contracts and accounting records, and conducting analyses. The analyst collaborates with production, business affairs, legal, and accounting departments. Key tasks include forecasting, setting up, and reporting residuals accurately; preparing participation statements; liaising with payroll companies; implementing process improvements; interpreting contracts; and handling special projects.
Must have:
  • Bachelor's degree in Accounting/Finance/Business
  • Intermediate Excel skills
  • Detail-oriented with sound judgment
  • Strong communication skills
  • Excellent organizational and multitasking abilities
  • Ability to meet deadlines
Good to have:
  • Experience in accounting, finance, participations, or residuals
  • Knowledge of union agreements (SAG, WGA, DGA, etc.)
Perks:
  • Full medical, vision, and dental coverage
  • Generous sick days, vacation, holidays, and Impact Day
  • 401(k) company matching
  • Tuition reimbursement

Job Details

Job Title:  Financial Analyst, Participations & Residuals

Department:  Finance & Accounting
Location: 

Santa Monica, CA, US, 90404

Summary of Position

The primary focus of this position is to ensure residuals are setup and paid in compliance with applicable guild agreements.  Responsibilities for this position include interpreting union agreements, collecting documentation for residual setup purposes, confirming receipt and accuracy of proration calculations, preparing residual estimates, and processing participations and residuals reporting.

Position may also assist with audit, special projects and ad-hoc analysis, as assigned. Duties may include gathering documentation, reviewing contracts and accounting records, and conducting various analyses, as required.

The Financial Analyst will work closely with the production, business affairs, legal, and accounting departments, so it is important that the candidate can communicate effectively with employees at all levels within the company. 

Responsibilities

  • Forecast, set-up, and report residuals accurately in a timely manner and collaborate with the rest of team as needed
  • Prepare participation statements, as needed
  • Liaise with payroll companies and various business units to gather proper documentation for set-up purposes
  • Test and implement process improvements, efficiency, and standardization
  • Assist in gathering documents for various audits
  • Interpret and assess contracts for participations and residuals subject-related matter
  • Responsible for special projects and ad hoc analysis as requested

Qualifications and Skills

  • Bachelor's degree from a four-year college or university in Accounting, Finance or Business Administration
  • Intermediate level of Microsoft Excel
  • Attentive to detail and keen judgement to make sound decisions 
  • Strong verbal and written communication skills
  • Above average organization skills with the ability to multi-task and meet strict contractual deadlines
  • Ability to work pro-actively and autonomously in the role, but also as a team player within the participations and residuals group

Nice to Haves

  • Experience in accounting, finance, participations and/or residuals is a plus
  • Basic knowledge of union agreements (i.e. SAG, WGA, DGA, AFM, IATSE, British PACT Equity, MEAA)

About the Company

Lionsgate (NYSE: LGF.A, LGF.B) encompasses world-class motion picture and television studio operations aligned with the STARZ premium global subscription platform to bring a unique and varied portfolio of entertainment to consumers around the world.  The Company’s film, television, subscription and location-based entertainment businesses are backed by a 17,000-title library and a valuable collection of iconic film and television franchises. A digital age company driven by its entrepreneurial culture and commitment to innovation, the Lionsgate brand is synonymous with bold, original, relatable entertainment for audiences worldwide.

Our Benefits

  • Full Coverage – Medical, Vision, and Dental
  • Work/Life Balance – generous sick days, vacation days, holidays, and Impact Day
  • 401(k) company matching
  • Tuition Reimbursement (up to graduate degree)

Compensation

$69,000 - $73,000

EEO Statement

Lionsgate is an equal employment opportunity employer. All employees and applicants are evaluated on the basis of their qualifications, consistent with applicable state and federal laws. In addition, Lionsgate will provide reasonable accommodations for qualified individuals with disabilities. Lionsgate will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable state and federal law. 


Nearest Major Market: Los Angeles

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About The Company

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

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