Director of Financial Contract Reporting, Crunchyroll
$150-188k
+ Annual performance bonus
Office located in Culver City, CA
Streaming service for anime and manga
Job no longer available
Streaming service for anime and manga
1001+ employees
Job no longer available
$150-188k
+ Annual performance bonus
Office located in Culver City, CA
1001+ employees
Company mission
To create experiences for anime and manga fans, and to enable them to connect through the content they love.
Role
Who you are
- You have 12+ years of experience in accounting or finance within the entertainment sector, with a background in royalty reporting, third-party engagements or Content Accounting
- You bring 5+ years of leadership experience, with a track record in managing global teams
- You hold a CPA designation, an MBA, or both
- Your skills include designing integration plans and consolidating operations across international borders
- You have a understanding of large-scale ERP and royalty systems
- You are familiar with legal contract interpretation
What the job involves
- The Director Financial Contract Reporting, will help optimize business processes and ensuring top-notch service delivery to our licensors
- Collaborate with international counterparts to align Royalty processes, manage financial components, and lead global integration efforts
- As the Director of Financial Contract Reporting you will oversee the end-to-end royalty reporting process, from data ingestion to reconciliation, while managing accruals, payment approvals, and troubleshooting queries
- You will lead the team in implementing new technologies, develop reporting systems, and set measurable Goals
- As the Director Financial Contract Reporting you will report to the VP Finance
- Work cross-departmentally to implement better ways of working throughout the business, ensuring the very best service to our licensors
- Work with international counterparts to ensure understanding of Royalty processes and tracking of financial components affecting reporting and payouts (Revenue, P&A costs, Advances shortfalls)
- Manage integration for new acquisitions and ongoing business efforts to achieve global integration for FCR
- Manage accruals process and reporting and payment approvals and reconciliation
- Manage all outbound royalty distributions to our licensors
- Implement new technologies and develop corresponding reporting to organize and track projects progress and capture KPIs
- Set goals to measure targets and create regular performance reports for senior management
- Oversee end-to-end royalty reporting process: data ingestions, contract set up (in collaboration with Deal Management), preparation and review of royalty statements, research of underlying transactional activities to ensure accuracy and contractual compliance
- Perform royalty-related financial analysis
- Participate in system testing and data cleansing and contribute to future planning requirements for rights Management/royalty tools
- Comply with and complete internal audit requirements (including SOX), managing checklists, reviews and approvals
Our take
In recent decades, anime - encompassing Japanese, Korean, and Chinese animation 0 has transitioned from a niche interest to a formidable industry, boasting a global market worth approximately $30B. Despite this growth, distribution has historically posed challenges, with series and films often reaching overseas audiences through disparate channels, if at all. Crunchyroll emerged to address this issue by consolidating the largest collection of anime into a single streaming service.
Sony's acquisition of Crunchyroll in 2021 for $1.75B expanded the platform's reach, integrating Sony's extensive animation library into its offerings. this move also positioned Crunchyroll for heightened competition against streaming giant Netflix, known for its substantial investments in anime production and acquisition. Currently, Crunchyroll maintains an unrivaled library of anime content, boasting over 44,000 episodes that have attracted over 0M paying subscribers.
While Crunchyroll initially offered a free, ad-supported tier to its vast community, it appears poised to phase out this option, transitioning to a subscription-based model for all new series. Despite this shift, the platform has implemented a global reduction in fees to stimulate subscription uptake. The success of this strategy remains to be seen, but past experiences with companies like Hulu suggest that it may drive subscription growth and mitigate piracy
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
42% female employees
9% employee growth in 12 months
Company
Funding (2 rounds)
Mar 2010
$0.8m
EARLY VC
Feb 2008
$4.1m
SERIES A
Total funding: $4.9m
Company benefits
- Receive a great compensation package including salary plus performance bonus earning potential, paid annually
- Flexible time off policies allowing you to take the time you need to be your whole self
- Generous medical, dental, vision, STD, LTD, and life insurance
- Health Saving Account HSA program
- Health care and dependent care FSA
- 401(k) plan, with employer match
- Employer paid commuter benefit
- Support program for new parents
- Pet insurance and some of our offices are pet friendly!
Company values
- Courage: When we overcome fear, we enable our best selves
- Curiosity: We are curious, which is the gateway to empathy, inclusion, and understanding
- Service: We serve our community with humility, enabling joy and belonging for others
- Kaizen: We have a growth mindset committed to constant forward progress
Company HQ
Lucerne - Higuera, Culver City, CA
Articles
Leadership
Kun Gao
(Co-Founder)Co-founded Crunchyroll in 2006 and served as CEO/General Manager/Board Member until 2018. Previously the founder and CTO of Frappr.com as well as a Product Engineer at HOT or NOT.
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