Manager I, Royalty

Manager I, Royalty

Electronic Arts

Vancouver, Canada or Redwood City, CA

EA’s CFO organization comprises a broad group of finance disciplines. Our common goal is partnership with business teams delivering strategies and providing our players with amazing experiences. All of our finance teams assist the business in achieving profitable creativity by providing financial insight, reporting and guidance. We use progressive tools to analyze and visualize data, telling the story of financial drivers, performance, risks, and opportunities. We value attributes like collaboration and learning. We celebrate diversity and inclusion by creating a place where you can come to work and be yourself.

Department Overview:

The Global Royalty Accounting team manages all worldwide licensing and development contracts pertaining to product development for all Studios and other third parties. Our direct internal partners include Studio Finance, Corporate Finance, Financial Planning & Analysis, Business Affairs and Legal. The group manages over 800 contracts. Our mission is to affect profitable business strategies and to influence the adoption of best practices in license and developer agreements by designing and leading royalty processes and by providing insights.

Primary Responsibilities:

• Manage one direct report.
• Responsible for the accurate review, interpretation and set-up of licensing and development contracts. This includes:
• Interpreting contractual terms and conditions
• Setting-up & updating contracts in the Alliant Royalty System
• Assessing capitalization feasibility as it pertains to EA’s Policy
• Analyzing effective versus contractual royalty rates
• Calculating development expensed advance amortization
• Participate in the monthly, quarterly, and year-end close processes & analysis
• Assist on compilation of management reporting packages & analysis
• Ensure 100% compliance with all financial commitments and obligations. This includes:

• Prepaid advances
• Development milestone payments
• Minimum guarantees
• Royalty statements and disbursements

• Responsible for reconciliation of Prepaid Royalties and Royalty Payable Accounts
• Responsible for the accurate preparation and distribution of assigned Royalty Accounting reports to business partners
• Participate and present in monthly close meetings
• Prepare and maintain assigned audit schedules
• Participate in forecasting and annual planning process for royalties
• Assess Royalty Accounting processes, procedures and policies on a continuous basis and make recommendations where appropriate for process improvements
• Responsible for enhancing Royalty Accounting’s relationships with internal and external business partners
• Special projects as assigned, these include, but are not limited to ad hoc reports, 3rd party audits, support new initiatives, system implementation or upgrade

Required Qualifications:

• Bachelor’s Degree in Accounting (CPA or MBA a plus)
• Minimum of 6+ years of accounting experience
• US GAAP experience
• People management experience, including hiring, training (mentoring a plus)
• Royalty accounting experience a plus
• System administration or superuser experience a plus

Other Behaviors / Competencies:

• Hybrid work model (3-day per week onsite minimum)
• During close and peak periods flexibility in working hours and weekend work may be needed
• Views challenges as opportunities