Financial Operations Specialist
3 days ago
Location:New York, New York (Hybrid) 4 days in office
Salary:$85K-$105K + Bonus
We are seeking a highly skilled Financial Operations Specialist to join our team at Addition Management. The ideal candidate will have experience in royalty accounting, financial operations, and managing financial teams.
The successful candidate will be responsible for managing financial operations specific to our agency's representation of high-end artists and their collaborations with brand partners. This includes preparing and overseeing monthly, quarterly, and annual financial statements for artist-brand partnership revenue.
In addition, the Financial Operations Specialist will ensure compliance with GAAP and regulatory standards, focusing on revenue recognition for artist royalties. They will also support audits by preparing relevant documentation and responding to auditor requests.
Key Responsibilities:
- Manage royalty accounting processes to ensure timely and accurate reporting of royalties from brand collaborations
- Prepare royalty reports, including reconciliation, tracking payments, and resolving discrepancies
- Oversee accounts payable and receivable, ensuring accurate and timely billing for artist-brand deals
- Collaborate with the Controller to enhance financial controls and streamline processes in royalty accounting and collections
Requirements:
- BS In Accounting, Finance or related field
- CPA Designation a plus
- 2+ Years of Royalty Accounting, licensing or similar field required
- Advanced Excel skills to support reporting, analysis & financial modeling functions
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