Senior Analyst, Participations & Residuals

Company Description

NBCUniversal is one of the world's leading media and entertainment companies. We create world-class content, which we distribute across our portfolio of film, television, and streaming, and bring to life through our theme parks and consumer experiences. We own and operate leading entertainment and news brands, including NBC, NBC News, MSNBC, CNBC, NBC Sports, Telemundo, NBC Local Stations, Bravo, USA Network, and Peacock, our premium ad-supported streaming service. We produce and distribute premier filmed entertainment and programming through Universal Filmed Entertainment Group and Universal Studio Group, and have world-renowned theme parks and attractions through Universal Destinations & Experiences. NBCUniversal is a subsidiary of Comcast Corporation.

Our impact is rooted in improving the communities where our employees, customers, and audiences live and work. We have a rich tradition of giving back and ensuring our employees have the opportunity to serve their communities. We champion an inclusive culture and strive to attract and develop a talented workforce to create and deliver a wide range of content reflecting our world.

Comcast NBCUniversal has announced its intent to create a new publicly traded company ('Versant') comprised of most of NBCUniversal's cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel along with complementary digital assets Fandango, Rotten Tomatoes, GolfNow, GolfPass, and SportsEngine. The well-capitalized company will have significant scale as a pure-play set of assets anchored by leading news, sports and entertainment content. The spin-off is expected to be completed during 2025.

Job Description

Job Description

This position is responsible for analyzing participation contracts for the purpose of initial statement set-up and subsequent preparation of participation statements on a quarterly and semi-annual basis across various cable networks, as well as providing the necessary episode, runs and revenue data to third-party residuals processing company. This individual will be a key member of the team providing support in all areas of participation and residual reporting, improving efficiency and ensuring accuracy throughout the entire reporting process.

Key Responsibilities

• Analyze contracts and amendments in order to identify participation provisions for initial statement creation, as well as confirm accuracy of terms for existing statements.
• Review title level revenue, expense and production cost files for reasonableness and accuracy.
• Prepare and issue quarterly, semi-annual and annual participation statements.
• Support management in calculating quarterly participation and residual accruals.
• Assist in providing the necessary participation and residual information for financial planning, budgeting and cash forecasting purposes.
• Assist in the third-party participation audit process, gathering and reviewing supporting documentation as needed.
• Collaborate with production, sales, finance, controller’s group, legal & labor relations on P&R matters on an as needed basis.
• Maintain a “think outside the box” mindset and strive to continually improve the process.

Qualifications

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA preferred. 
• 2+ years Accounting and/or Finance experience, preferably in the entertainment industry
• Experience with participation reporting and contract interpretation preferred
• Advanced knowledge of Excel, with the ability to manipulate and analyze large volumes of data
• Excellent oral and written communication skills

Additional Information:

• Hybrid: This position has been designated as hybrid, generally contributing from the New York office a minimum of three days per week.
• This position is eligible for company sponsored benefits, including medical, dental and vision insurance, 401(k), paid leave, tuition reimbursement, and a variety of other benefits and perks. Learn more about the benefits offered by NBCUniversal by visiting the Benefits page of the Careers website. Salary range: $80,000 - $95,000.

Additional Information

As part of our selection process, external candidates may be required to attend an in-person interview with an NBCUniversal employee at one of our locations prior to a hiring decision. NBCUniversal's policy is to provide equal employment opportunities to all applicants and employees without regard to race, color, religion, creed, gender, gender identity or expression, age, national origin or ancestry, citizenship, disability, sexual orientation, marital status, pregnancy, veteran status, membership