Financial Analyst, Residuals

Job Description

Netflix is one of the world's leading entertainment services with over 247 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. We are seeking a Financial Analyst for Residuals to be a key member in our Contingent Compensation & Reporting Department. Residuals are additional compensation paid to talent for the reuse of content beyond the use covered by their initial compensation based on collective bargaining agreements with various guilds/unions, i.e. SAG-AFTRA, DGA and WGA. In this role, your key responsibilities will be interpreting and analyzing residual impact in accordance with various guilds, unions and production service agreements and execute accordingly. This includes calculating, preparing and processing residual payments, preparing and managing financial forecasting of residual obligations, and working closely with cross-functional teams like Labor, Production Finance, and Business Affairs to determine the residuals impact across various titles. Visit our culture memo and long-term view to learn more about the unique Netflix culture and the opportunity to be part of our team.

Responsibilities

• Forecast, set-up, pay, and report residual liabilities.
• Forecast and estimate residuals costs.
• Liaise with Production Accountants and Producers to gather required information for residual setups.
• Analyze and interpret production and distribution contracts for residual liability.
• Provide analysis to determine residuals impact in various scenarios.
• Collaborate across various business units within Netflix
• Work with third-party payment processor(s) to provide relevant setup data, and ensure complete and accurate setup for residual payments.
• Participate in the testing and implementation of new residual systems related to process improvements, efficiency, and standardization.
• Collecting documentation for guild audits and internal audits.

Qualifications

• BA/BS in accounting, finance, business administration, or similar degree and/or equivalent combination of education and experience.
• Entertainment industry experience preferred.
• 2+ years of related experience required, preferably in residuals. New Media residuals experience is a plus.
• Must be able to comprehend and interpret collective bargaining agreements.
• Experience with financial analysis and modeling.
• Excellent Excel & Google web-based program skills.
• Strong communication and presentation skills, both verbal and written.
• Highly motivated, proactive, organized, and self-sufficient.
• Ability to plan and manage multiple projects simultaneously.
• Must be able to work independently and cross-functionally with business partners.
• Flexible with evolving processes and able to work in a fast -paced environment.

We are an equal-opportunity employer and celebrate diversity, recognizing that diversity of thought and background builds stronger teams. We approach diversity and inclusion seriously and thoughtfully. We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service. Our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $50,000 - $240,000. Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more detail about our Benefits here . Netflix is a unique culture and environment. Learn more here . Apply for this job