Job Description
The Director LATAM Revenue Accounting is responsible for the accounting of Networks LATAM Ad Sales and Distribution Revenue. The role will initially lead the accounting over the Discovery networks with the expectation of increasing responsibility over time. This position will work closely with various region leads to ensure proper revenue recognition. This role is a key leadership position within the LATAM Controllership organization.
Job Responsibilities
% of Time
Lead the LATAM AdSales and Distribution accounting team of approximately 3-4 employees located in Mexico and Brazil. Oversight responsibilities will include, but are not limited to, ensuring all deadlines are met, providing career and professional development/coaching to team members, ensuring complete and accurate accounting in the area of AdSales and Distribution revenue for various markets and networks, and implementing process improvements to drive operational efficiencies and effectiveness.
40%
Ensure revenue is accounted for correctly and in accordance with ASC 606 US GAAP, and any local statutory reporting accounting principles as required. Accounting requirements include properly recording revenue, agency commission, agency incentive, rep commission, bad debt expense, deferred revenue; complete and accurate financial statement presentation, including BS, P&L, SOX controls and SEC disclosures; assessing accounting treatment for non-standard agreements;
20%
Participate in the review of standard and non-standard customer contracts, as needed, to assist in the determination of proper revenue recognition in accordance with ASC 606 and Company policies
20%
Provide leadership and management of key system and process integrations in the AdSales accounting area over the next two to three years, especially as it relates to the recent merger with WarnerMedia and ERP initiatives.
10%
Establish and build relationships with key stakeholders in Finance, Shared Services, Business and Legal Affairs, and other areas. Leverage experiences to grow into the subject matter expert and deliver high quality direction and advice to the business in related space. Key role in the definition of new deals in the region
5%
Other ad hoc tasks as assigned by management
Up to 5%
who assignS work to this position?
• LATAM Controller
• SVP & Global networks Controller
TYPES OF DECISIONS MADE BY THIS POSITION?
• Performance review of team personnel
• Day-to-day accounting for LATAM AdSales and Distribution Revenue
TYPES OF DECISIONS THAT MUST BE APPROVED BY SUPERIOR:
• Judgmental accounting conclusions
• Changes in organization structure
• Definition of agreements
• Write offs related to aging or other revenue adjustments
• Significant changes in process (i.e., outsourcing/offshoring, etc.)
SUPERVISORY RESPONSIBILITES: Yes (Y)
Supervises other employees?
• Title: Revenue Accounting Manager # of Employee(s): 1
• Title: Senior Revenue Accountant # of Employee(s): 1
• Title: Accounting Specialist # of Employee(s): 1
Makes employment decisions? ( Y )
• Hire: Y, with consultation of leadership and P&C
• Performance: Y
• Compensation: Y, with consultation of leadership and P&C
• Discipline: Y, with consultation of P&C
If another position must approve employment decisions, please indicate title: Controllership Leadership
JOB QUALIFICATION STANDARDS
Work Experience
• At least 8 years of work experience in an accounting role and a strong understanding of US GAAP and SOX requirements, local IFRS in LATAM a plus
• Minimum of 5 years of experience in a supervisory/leadership role
• Accounting leadership experience in media & entertainment industry desirable
Education, Professional Training, Technical Training or Certification
• BS/BA in Accounting from an accredited university
• Master's degree in Accounting or MBA a plus
• CPA, Chartered Accounting, or local equivalent required
Knowledge/Skills
• Proven accounting experience with US GAAP Revenue Accounting ASC 606 requirements
• Big 4 Accounting firm experience a plus
• Demonstrated background successfully leading a large accounting team, including teams located in differing international offices
• Attention to detail, accuracy and strong organizational skills
• Experience with SAP preferred
• Excellent knowledge of MS Office
• Ability to meet deadlines under pressure
• Adept and capable of effectively managing multiple tasks in a fast-paced environment
• Embraces change driven by evolving business initiatives and maintains positivity when time-sensitive milestones shift
• Strong analytical and critical thinking skills
• Excellent written and verbal communication skills
• Must be able to work collaboratively with cross-functional team members at all levels
• Experience implementing best practices that require significant innovation for improving processes by applying advanced understanding of complex functional/technical and business issues and challenges
• Ability to anticipate resource requirements and to make adjustments based on emerging issues and priorities
Other Requirements
• Bilingual (English and Spanish) – Portuguese a Plus
• Legal right to work in Mexico
Management has the right to add or change duties and job requirements at any time.
How We Get Things Done…
This last bit is probably the most important! Here at WBD, our guiding principles are the core values by which we operate and are central to how we get things done. You can find them at www.wbd.com/guiding-principles/ along with some insights from the team on what they mean and how they show up in their day to day. We hope they resonate with you and look forward to discussing them during your interview.
The Legal Bits…
Warner Bros. Discovery embraces the opportunity to build a workforce that reflects the diversity of our society and the world around us. Being an equal opportunity employer means that we take seriously our responsibility to consider qualified candidates on the basis of merit, regardless of sex, gender identity, ethnicity, union status, age, sexual orientation, religion or belief, marital status, pregnancy, parenthood, disability or any other category protected by law.
If you're a qualified candidate with a disability and you need a reasonable accommodation in order to apply for this position, please contact us at recruitadmin@warnermedia.com.
Jobcode: Reference SBJ-dy9jeq-3-232-108-171-42 in your application.