Manager, Participations & Residuals

West Hollywood, CA 90069
Posted on  

Job Description

Reporting to the Controller, this key new role leads participations & residuals for the company. The position is based in West Hollywood and in office Monday through Friday. Successful candidates will be highly motivated and team-oriented self-starters, who have significant directly applicable experience, can manage multiple priorities and are excellent communicators.

Responsibilities
  • Lead the company’s participation and residuals effort across Film and TV in partnership with Production, Business Affairs, Finance, and Accounting
  • Interpret participant contracts and track obligations to ensure accurate preparation and timely distribution of the corresponding statements and payments
  • Work with Production Finance and Entertainment Partners to ensure accurate set up and timely payment of residuals
  • Manage project audits of third parties by MRC and project audits of MRC by third parties
  • Collaborate with Finance & Accounting by reviewing financial models & project ultimates for participations and residuals accuracy and assist in monthly and quarterly participations and residuals forecasts
  • Support the company’s auditor, Grant Thornton, on participations and residuals related inquiries as necessary
Experience and Qualifications
  • 5+ years contract accounting or studio participations experience
  • Expertise in participations and residuals preparation, including interpreting contractual agreements, using Excel and an accounting system, and working with related third parties
  • Proficient in film and TV business models, accounting principles, and industry trends
  • Keen entrepreneurial mindset with exceptional analytical, problem solving, and communication skills and the willingness and ability to command the details, think big picture, and balance multiple assignments in a fast-paced, results-oriented environment
  • Demonstrated track record of building effective organizational and third-party relationships
Education
  • Bachelor’s degree in Accounting, Finance or a related field
Hiring Salary Range is $105,000 to $115,000 annually. Starting pay for the successful applicant depends on a variety of job-related factors, including, but not limited to, market demands, experience/training, and education.

MRC is an equal employment opportunity employer. All applicants and potential candidates are evaluated on the basis of their qualifications, consistent with applicable local, state, and federal laws.

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