Senior Accountant

Job Description

Responsibilities

GENERAL SUMMARY

Perform accounting duties for a company that distributes foreign-language television channels to cable operators. This involves recording/tracking subscribers, revenue and Accounts Receivable/Partner Liability journal entries, programming partner revenue share payments and financial reporting.

ESSENTIAL FUNCTIONS

Maintenance of Subscriber Worksheets
• Prepare billing worksheets for subscriber payment entries from cable operators monthly. Annually create a new year billing worksheet for each channel.
• Update worksheets for any partner revenue share rate changes and any cable operator rate changes.
• Post payments received from cable operators. This includes subscriber numbers as well as cash receipts. Communicate with cable operators and internal company sales, marketing and legal personnel to resolve discrepancies.
• Notify management and programming partners of any significant adjustments.
• Reconcile cash and subscribers posted to worksheets to amounts recorded in the check register to facilitate revenue share preparation for programming partners.
• After the month-end close, follow set procedures to save monthly files and prepare for next month's activity.
• Create new worksheets as needed for new services per the distribution agreement terms.

Recurring Monthly Journal Entries
• Calculate, prepare, document, and enter journal entries.
• Estimated revenue calculation, as well as prior period true-ups
• Reconcile AR balances for each channel and enter any reclass journal entries necessary
• Calculate and enter any foreign tax withholding based on specific channel country location
• Book any Bad Debt based on NBCU policy
• Prepare any other miscellaneous journal entries as necessary

Monthly Revenue Share and Partner Reporting
• Calculate the programming partner's revenue share per the terms of the partner distribution agreement. Forward check request documents for review and payment processing.
• Prepare and distribute electronic partner monthly reports – include revenue share calculation detail and billing worksheets.
• Prepare any miscellaneous reports requested explicitly by partners.
• Respond to all programming partner inquiries related to monthly reporting.
• Where the programming partner collects license fees, follow up with the partner to collect management fees. It may require the company to issue partners invoices to receive payment.
• Comply with partner audit requests as needed.

Reconciliation Duties
• Maintain General Ledger accounts for assigned balance sheet accounts.
• Prepare accounts reconciliations in accordance with NBCU policy and reporting schedules.
• Maintain reconciliations of each service, verifying affiliate accounts receivable and partner liability.

Tax Duties

Foreign Withholding Tax
• Ensure Form W-8BEN-E forms for foreign partners and vendors are current and filed with Tax Department. Update expired forms as needed and submit them to the Tax Department for review and approval.
• Coordinate potential new foreign vendors with Accounts Payable and calculate withholding as required.
• Calculate required foreign withholding for partners subject to withholding based on gross cash receipts. These calculations are detailed on revenue share documentation.
• Maintain foreign vendor payment worksheet monthly. This worksheet also serves as a source document for additional quarterly reporting.
• Report monthly foreign withholding to Tax Department to initiate payment to Internal Revenue Service.
• Annually prepare Form 1042S for all foreign/W-8 partners and vendors.

Miscellaneous Tax
• Notify the Tax Department of any unique tax situations. Coordinate action/response as needed and provide any requested documentation.
• Work with NBCU Tax Department to provide needed revenue information for NBCU-owned partners.
• Comply with international tax requirements.

Accounts Payable
• Responsible for Accounts Payable activity.
• Upload and work with other team members to ensure proper GL coding of invoices.
• Initiate and follow up with the introduction of any new vendors.
• Enter wire and ACH requests as needed for monthly revenue share payments to programming partners.
Other Duties
• Review partner and cable operators' contracts as needed for appropriate accounting treatment.
• Assist with special projects as requested.

Qualifications

EDUCATION and EXPERIENCE
• Bachelor's degree in Accounting or related finance field preferred.
• Four years of previous accounting experience in the following preferred areas: Accounts Receivable, Revenue reconciliation and Accounts Payable.
• Cable industry experience preferred.

Knowledge, Skills and Abilities
• Working knowledge of accounting principles and practices.
• Experience with MS Office products with a strong emphasis on Excel and an understanding of formulas.
• Ability to work with large amounts of data, utilize database applications, and upload data.
• Detail-oriented with high accuracy with data entry.
• The ability to organize and prioritize multiple work assignments, working independently with minimal supervision.
• Ability to work under pressure to meet deadlines.
• Ability to communicate with customers, co-workers, and other business contacts in a courteous and professional manner. Work effectively as a team player.

Salary: 75,000 - 90,000 USD

Additional Information

NBCUniversal's policy is to provide equal employment opportunities to all applicants and employees without regard to race, color, religion, creed, gender, gender identity or expression, age, national origin or ancestry, citizenship, disability, sexual orientation, marital status, pregnancy, veteran status, membership in the uniformed services, genetic information, or any other basis protected by applicable law. NBCUniversal will consider for employment qualified applicants with criminal histories in a manner consistent with relevant legal requirements, including the City of Los Angeles Fair Chance Initiative For Hiring Ordinance, where applicable.

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Jobcode: Reference SBJ-gknzx8-18-216-121-55-42 in your application.