Director, Participations & Residuals

MRC is a diversified global entertainment company with divisions including Film and Television.   Role 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 5-7 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 $120,000 to $130,000 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.   Powered by JazzHR