Financial Analyst
Job Location:
Los Angeles, CA - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
We are seeking a self-motivated and detail-oriented Financial Analyst with excellent communication and critical thinking skills who thrives working in a collaborative fast-paced environment. This role will serve as essential support for the Accounting and Finance operations for TITOL.
The primary function of the role is performing financial analysis and preparing 3rd party artist reporting including project P&Ls profit split statements and royalty statements. The position will work on financials for top-tier artists in the music and merchandise industry as well as notable brands and collaborators in the fashion and art space. You will work cross-functionally with all teams at TITOL to gather relevant information for accurate reporting.
In addition to statement preparation the role will complete analysis for project management and day-to-day financial operations as well as assist in understanding artist profitability. This position will play a critical function in overall financial support external reporting and entity level financials.
- Prepare monthly Artist Settlement P&Ls for ecommerce touring and event activity.
- Prepare profit split statements for touring activity and artist collaborators.
- Prepare royalty statements for artist collaborators.
- Collaborate with production and brand teams to understand artist activity during each period. Manually track product movements and billing requirements for each statement.
- Analyze historical data and make recommendations on projected product buys.
- Complete cost analysis to aid project management.
- Prepare margin analysis for ECOM Tour and Event pricing. Suggest retail prices and target costing for ongoing projects.
- Prepare wholesale project billing reports.
- Manage workflow and settlement preparation for 30-40 artist roster.
- Maintain schedule for royalty reporting to 3rd parties and artist collaborators.
- Continually improve processes for cost tracking and billing and assist in implementing improved workflow.
- Book royalty expense for monthly close process.
- Maintain company-wide artist balance ledger.
- Maintain month end financial close package reported to the CEO Head of Finance and General Manager.
- Bachelors degree in Accounting Finance or related field.
- 3-5 years experience with royalty reporting financial reporting accounting or financial analysis.
- Excellent Excel skills including look ups pivot tables and basic modeling.
- Familiarity translating artist deal structures and contracts into P&L statements.
- Excellent organizational skills necessary to maintain complex accounting & royalty reporting.
- Familiarity with music industry and deal structures.
- Some accounting background (familiarity with 3 statements debits and credits accruals).
- Best in class health dental and vision insurance
- Healthcare FSA
- Dependent Care FSA
- Commuter Benefits FSA
- Short-term/long-term disability and life insurance
- Paid Parental leave
- 401k with 4% match
- Pet Insurance
- Legal and Identity Theft Plans
- Vacation time and sick days
Required Experience:
IC
About Company
Making Culture Pop. Find the latest entertainment news and the best in music, pop culture, sneakers, style and original shows.
