Manager, Royalty

Mar 29, 2024
Vancouver, Canada
... Not specified
... Intermediate
Full time
... Office work

Manager I, Royalty

Electronic Arts

Vancouver, Canada

EA’s CFO organization comprises a broad group of finance disciplines. Our common goal is partnership with business teams delivering strategies and providing our players with amazing experiences. All of our finance teams assist the business in achieving profitable creativity by providing financial insight, reporting and guidance. We use progressive tools to analyze and visualize data, telling the story of financial drivers, performance, risks, and opportunities. We value attributes like collaboration and learning. We celebrate diversity and inclusion by creating a place where you can come to work and be yourself.

Department Overview:

The Global Royalty Accounting team manages all worldwide licensing and development contracts pertaining to product development for all Studios and other third parties. Our direct internal partners include Studio Finance, Corporate Finance, Financial Planning & Analysis, Business Affairs and Legal. The group manages over 800 contracts. Our mission is to affect profitable business strategies and to influence the adoption of best practices in license and developer agreements by designing and leading royalty processes and by providing insights.

Primary Responsibilities:

  • Manage one direct report.
  • Responsible for the accurate review, interpretation and set-up of licensing and development contracts. This includes:
    • Interpreting contractual terms and conditions
    • Setting-up & updating contracts in the Alliant Royalty System
    • Assessing capitalization feasibility as it pertains to EA’s Policy
    • Analyzing effective versus contractual royalty rates
    • Calculating development expensed advance amortization
  • Participate in the monthly, quarterly, and year-end close processes & analysis
  • Assist on compilation of management reporting packages & analysis
  • Ensure 100% compliance with all financial commitments and obligations. This includes:
    • Prepaid advances
    • Development milestone payments
    • Minimum guarantees
    • Royalty statements and disbursements
  • Responsible for reconciliation of Prepaid Royalties and Royalty Payable Accounts
  • Responsible for the accurate preparation and distribution of assigned Royalty Accounting reports to business partners
  • Participate and present in monthly close meetings
  • Prepare and maintain assigned audit schedules
  • Participate in forecasting and annual planning process for royalties
  • Assess Royalty Accounting processes, procedures and policies on a continuous basis and make recommendations where appropriate for process improvements
  • Responsible for enhancing Royalty Accounting’s relationships with internal and external business partners
  • Special projects as assigned, these include, but are not limited to ad hoc reports, 3rd party audits, support new initiatives, system implementation or upgrade

Required Qualifications:

  • Bachelor’s Degree in Accounting (CPA or MBA a plus)
  • Minimum of 6+ years of accounting experience
  • US GAAP experience
  • People management experience, including hiring, training (mentoring a plus)
  • Royalty accounting experience a plus
  • System administration or superuser experience a plus

 Other Behaviors / Competencies:

  • Hybrid work model (3-day per week onsite minimum)
  • During close and peak periods flexibility in working hours and weekend work may be needed
  • Views challenges as opportunities

BC COMPENSATION AND BENEFITS

The base salary ranges listed below are for the defined geographic market pay zones in these locations. If you reside outside of these locations, a recruiter will advise on the base salary range and benefits for your specific location.

EA has listed the base salary ranges it in good faith expects to pay applicants for this role in the locations listed, as of the time of this posting. Salary offered will be determined based on numerous relevant business and candidate factors including, for example, education, qualifications, certifications, experience, skills, geographic location, and business or organizational needs.

BASE SALARY RANGES

• British Columbia (depending on location e.g. Vancouver vs. Victoria):
º $77,600 - $119,000 CAN Annually

Base salary is just one part of the overall compensation at EA. We also offer a package of benefits including vacation (3 weeks per year to start), 10 days per year of sick time, paid top-up to EI/QPIP benefits up to 100% of base salary when you welcome a new child (12 weeks for maternity, and 4 weeks for parental/adoption leave), extended health/dental/vision coverage, life insurance, disability insurance, retirement plan to regular full-time employees. Certain roles may also be eligible for bonus and equity.
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