Bachelor's or associate degree in business or related field
4-5 years of experience in licensing and royalty accounting
Strong attention to detail and ability to meet deadlines
Proactive problem-solving skills in a fast-paced environment
Effective written and verbal communication skills, especially with senior management
Proficient in accounting software and Microsoft Office Suite, particularly advanced Excel
Familiarity with Brand Comply, Power BI, and SAP is a plus
Responsibilities
Serve as the primary finance contact for licensing programs of assigned clients
Prepare internal and external budgets and quarterly forecasts with brand teams
Ensure timely and accurate Trust Accounting processes for clients and licensees
Review and submit client reporting and payments by agreed deadlines
Provide key financial analysis for clients and internal management
Monitor compliance with client representation agreements
Oversee key finance processes and maintain bi-weekly A/R reporting
Identify and escalate financial risks and opportunities for clients
Manage licensee quarterly forecast processes and follow up on royalties and payments
Collaborate with brand teams and auditors on licensee audits
Benefits
Opportunity to work closely with senior management and brand leads
Exposure to a diverse portfolio of clients and licensing programs
Dynamic and fast-paced work environment
Potential for involvement in regional and global finance projects
Professional development opportunities in finance and accounting
Full Job Description
The Client Finance Manager will oversee all financial aspects of the licensing programs for a portfolio of clients, working closely with the client and CAA brand leads. The candidate will manage all client-related financial processes, including but not limited to invoicing, accounts receivable tracking, cash receipts and payments application, royalty reports tracking and processing and reporting to internal and external stakeholders. The role will assist the regional and global finance and business heads in providing valuable financial insights, including internal budgeting, forecasting and variance analysis and suggest ways of improvements in all areas. The role will also be responsible for day-to-day licensee management - processing royalty reports, invoicing, chasing and cash application of licensee payments, collecting forecasts.
Job Description
Responsibilities:
Be the primary finance contact as Client Finance lead for responsible clients to manage the financial aspects of relevant licensing programs
Prepare internal and external budgets and quarterly forecasts in conjunction with brand teams.
Review and ensure Trust Accounting process for the respective clients and licensees are handled timely with accurate results
Review and ensure reporting and payments to clients are properly prepared and submitted on or before agreed timeline
Provide key analysis as required by client as well as for internal management.
Confirm compliance to client representation agreements.
Ensure key finance processes are being followed by all offices, update bi-weekly internal A/R reporting, and monitor licensee late reporting/payment ensuring strong credit control.
Flag and escalate for financial risks and opportunities on the responsible clients, such as risk in accounts receivable collection and/or future deals guarantees
Oversee licensee quarterly forecast process.
Process and follow up on royalties, payments, forecasts, marketing spend for North American licensees within client portfolio.
Ensure financial points of HubSpot are being maintained.
Provide financial performance updates to client team and identify and communicate key finance issues.
Liaise with brand team and external auditors on licensee audits, making recommendations on audit candidates and assisting with data collection as needed.
Assist regional and global Finance leads with other ad hoc projects as needed.
Review and process licensee royalty reports, issue invoices, follow up on late reporting and payments
Requirements:
Bachelor's or associate degree with business background
4-5 years experience in licensing and royalty accounting
Attention to detail, able to work under pressure to deadlines and with initiative in a fast-paced environment
Proactive, hands-on problem solving approach
Highly effective written and verbal communication skills at all levels, credibility with senior management
Excellent computer skills; experience in accounting software, Microsoft Office Suite, including advanced Excel skills.
Previous experience utilizing Brand Comply (or other contract/royalty system), Power BI, and SAP, but not required
About Creative Artists Agency
Creative Artists Agency, LLC operates as a talent and sports agency in the United States and internationally. The company represents various artists, including actors, directors, writers, producers, and other entertainment professionals. It also provides strategic marketing and consulting services; and creates and manages branded entertainment marketing campaigns for advertisers. In addition, the company offers sports consulting services, including the representation of athletes in baseball, basketball, football, golf, soccer, tennis, and other sports. Creative Artists Agency, LLC was founded in 1975 and is headquartered in Los Angeles, California.
