Senior Manager, Networks Distribution Revenue Accounting

Welcome to Warner Bros. Discovery… the stuff dreams are made of.

Who We Are…

When we say, “the stuff dreams are made of,” we’re not just referring to the world of wizards, dragons and superheroes, or even to the wonders of Planet Earth. Behind WBD’s vast portfolio of iconic content and beloved brands, are the storytellers bringing our characters to life, the creators bringing them to your living rooms and the dreamers creating what’s next…

From brilliant creatives, to technology trailblazers, across the globe, WBD offers career defining opportunities, thoughtfully curated benefits, and the tools to explore and grow into your best selves. Here you are supported, here you are celebrated, here you can thrive.

Your New Role

The Sr. Manager, Networks Distribution Revenue Accounting leads the specific team primarily responsible for performing contractual revenue modeling for the domestic linear network affiliate revenue contracts for Discovery and WarnerMedia networks (29 total networks) including reviewing draft agreements during deal negotiations, modeling of rates and determining and recording Most Favored Nation (MFN) and other revenue related reserves. This role will also provide oversight, review, and approval of daily, monthly, and quarterly distribution revenue accounting for WBD US linear networks in accordance with US GAAP and Company policies and practices; prepare and review relevant reports and schedules necessary for management and external reporting obligations; and other duties as listed below. This role will work closely with peers in Technical Accounting and key stakeholders in FP&A, Distribution Legal, Deal Negotiation and Internal and External Audit.

This position will lead an accounting team of 2 employees currently located in Atlanta. The Sr. Manager, Networks Distribution Revenue Accounting will report directly to the VP, Networks Distribution Revenue Accounting.

Your Role Accountabilities

• Proactively lead and/or perform the period-end closing and operational activities in accordance with US GAAP/WBD Policies and SOX standards.  Review periodic management reports, BS Flux and SEC schedules including applicable regular revenue-related analyses and metrics as well as ad hoc reporting.
• Manage the team (2 employees located across Knoxville, TN and Atlanta, Ga) responsible for performing complex rate modeling between multiple affiliates.  This includes reviewing draft agreements during deal negotiations and determining and recording Most Favored Nation (MFN) and other revenue related reserves.   This requires an extremely high attention to detail, accuracy, and organization skills. The deal negotiation process can be unpredictable and will typically require the ability to flex and work weekends, overtime and off hours as required, and at times with minimal advance notice, to ensure the overall success of the deal negotiation process.   Other responsibilities include reviewing compliance terms and issues.  Must be comfortable and able to read and interpret legal contracts and agreements. 
• Ensure high quality level of accounting within the revenue streams and provide hands-on support during the day-to-day activities to ensure effective decision making, including career development.  Engage directly with senior leadership in Controllership, GBS, Networks FPA and Legal on business sensitive and critical topics.
• Support and/or manage internal and external audit work (SOX testing, maintenance and updating of internal controls, Financial Compliance processes, external auditor financial statement audits). Manage the top distributer audits and resultant findings.
• Support, as necessary, financial system and boundary system integrations, enhancements, and implementations.
• Develop and recommend innovative process improvements that leverage technology and maximize overall efficiency while maintaining or strengthening internal controls.

Qualifications & Experience

• BS/BA in Accounting and/or Finance from an accredited university. MBA or MAcc preferred
• 5 to 7 years of work experience in an accounting role and a broad understanding of US GAAP and SOX 404 requirements.  2+ years of experience in a supervisory/leadership role of an experienced team is a plus
• Active CPA strongly preferred 
• Knowledgeable and experienced working in ASC 606 revenue recognition accounting principles
• Knowledge of media/entertainment industry a plus
• Proficient and experienced in MS Office applications.  Advanced Excel skills a plus
• Results oriented, strong attention to details, accuracy, timeliness, ability to multi-task and prioritize both individual and team tasks is a must.  Motivated by challenging, high-energy, fle