Manager, Global Studios Content 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…

As a key member of the Studio Controllership, the Manager, Global Studios Content Accounting is responsible for managing the participations and residuals process for Television Products produced or acquired by Warner Bros. Discovery and HBO/Max according to Film Accounting Standards ASC 926. 

Participations Ultimates and Film Cost Accounting

• Manage the global studios monthly participations accounting processes for studios Television products and HBO/Max products on a by-title basis
• Review complex and intricate participations ultimates models used to compute Film Expense under IFFM to ensure timely and accurate expense accrual calculations
• Review participations contracts and FCRA abstracts to ensure that all deals are accounted for appropriately under US GAAP accounting
• Manage rated titles participations accruals process, including regular review and proposing on updating and maintaining appropriate accrual rates
• Review and recommend MPM attributes and costing classes that drive critical system calculations, including rates table maintenance, and ensure they are properly updated/maintained in SAP
• Assess and advise management on system overrides (stat items) to properly capture expense using SAP FCA module
• Review and ownership over participations liability on the balance sheet; responsible for determining and recommending accrual adjustments for over/under accrued titles
• Works closely with Studios Corporate Participations Group, HBO/Max Business Affairs and various Business Unit personnel, as required, to ensure accuracy of participations balances
• Review and assess new and continuing co-financing deals, along with consultation with technical accounting, to support preparation of the Collaborative Arrangements footnote disclosure
• Determine required disclosures needed for the Commitments & Contingencies reporting schedules

Residuals Ultimates and Film Cost Accounting

• Manage the global studios monthly residuals accounting processes for Television products on a by-title basis
• Review residuals ultimates models used to compute Film Expense under IFFM, including validation of episodic guild rates for reasonableness, by market and by title, as needed, to ensure timely and accurate residuals expense accrual calculations
• Review and ownership over residuals liability on the balance sheet; responsible for determining and recommending accrual adjustments for over/under accrued titles
• Manage rated titles residuals accruals process, including regular review and proposing on updating and maintaining appropriate accrual rates
• Review and recommend MPM attributes and costing classes that drive critical system calculations, including rates table maintenance, and ensure they are properly updated/maintained in SAP
• Works closely with Studios Corporate Residuals Group, HBO/Max Business Affairs and various Business Unit personnel, as required, to ensure accuracy of residuals balances
• Validates rates from AIRS & Oracle (corporate residuals systems), reviews and maintains accurate costing rates in the system, analyzes advances and adjusts accrued liabilities as needed to ensure costing functions produce expected results

Financial Reporting

• Performs regular review of participations and residuals liabilities for WBD and HBO/Max, including analysis of accrual and payment details based on life cycle policy guidelines (triangulations, detailed packages, rollforwards)
• Ensures appropriate analysis is completed and communicated to Senior Management and responds to queries of Senior Management related to reported participations liabilities
• Performs necessary analysis whenever significant revenue is recognized in each period to ensure accrual functions will result in appropriate liability accruals
• Ensures all required reconciliations and account analysis are completed with sufficient documentation
• Responsible for intercompany and in