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Manager, Royalty
1 year ago
Why PlayStation?
PlayStation isn’t just the Best Place to Play — it’s also the Best Place to Work. Today, we’re recognized as a global leader in entertainment producing The PlayStation family of products and services including PlayStation®5, PlayStation®4, PlayStation®VR, PlayStation®Plus, acclaimed PlayStation software titles from PlayStation Studios, and more.
PlayStation also strives to create an inclusive environment that empowers employees and embraces diversity. We welcome and encourage everyone who has a passion and curiosity for innovation, technology, and play to explore our open positions and join our growing global team.
The PlayStation brand falls under Sony Interactive Entertainment, a wholly-owned subsidiary of Sony Corporation.
Manager, Royalty
San Mateo, CA (onsite/hybrid)
Role Overview:
SIE is looking for Manager of Royalty Accounting to oversee the royalty management for PlayStation’s physical and digital business specific to the U.S./Americas region. SIE contracts external publishers to create and develop software titles for playability on its PS platforms, while also offering digital 1st/3rd party games, content & services via the PlayStation Network.
Royalty obligations for all these sales are calculated, managed, and reported for accurate payments to publishers. In this role, you will be responsible for overseeing all activities, leading the cost of sales and payables due to each game publisher and associated margin for all related obligations.
What you will be doing:
- Manage all royalty accounting functions (retail and digital) to ensure accuracy and efficiencies
- Lead a royalty team of four
- Collaborate closely with Third Party Relation teams, Legal, and regional Finance teams on new agreements, buyouts, co-marketing deals and various other deals from a finance perspective
- Work closely with FP&A and digital business planning teams on forecast and budget for all royalty related cost
- Review and ensure accurate calculations, margin consistencies, and proper liability accrual bookings and payments
- Establish good working relationship with internal contacts and maintain effective communications with publishers for any financial inquiries
- Provide accounting mentorship for related royalty obligations and how to properly reflect the accounting treatment
- Lead and drive system enhancement projects to achieve better efficiencies for current and future automation
- Interpret reports and records for stakeholders and connect with internal/external groups for sales or royalty related issues
- Month end close responsibilities encompassing journal entries, account reconciliation, and balance sheet schedules
- Work with PWC and internal audit to ensure compliance for statutory audits and SOX
- Ad hoc projects and other miscellaneous accounting functions
What we are looking for:
- At least 7 years’ experience with good understanding of general ledger, statutory books, and month end close process
- BS Degree in Business Administration with a concentration in accounting or related field
- Experience in maintaining relationships with gaming publishers or external customers
- Solid foundation in GAAP/IFRS, with excellent working knowledge of royalty accounting and its concepts is preferred
- Strong accounting background and demonstrated the ability to read and interpret legal contracts and its contents
- Demonstrated skills in understanding of the trial balance, balance sheet, income statement, cash flow and footnote disclosures
- Solid oral communication and analytical skills
- Possess integrity, accountability and a strong work ethic
- Experience with royalty software a plus
- Experience with SAP a must
- Experience within the gaming industry preferred
#LI-SF1
At SIE, we consider several factors when setting each role’s pay range, including the competitive benchmarking data for the market and geographic location. Please note that the range may vary in line with our hybrid working policy and individual pay will be set within this pay range based on location as well as skills and experience related to the job. The expected pay range for this role based at the office location listed in the job post is listed below.
Hybrid/In-office pay range based on this location is listed below. The final range may vary based on candidate location in line with our hybrid working policy.
$121,000 — $181,400 USD
Equal Opportunity Statement:
Sony is an Equal Opportunity Employer. All persons will receive consideration for employment without regard to gender (including gender identity, gender expression and gender reassignment), race (including colour, nationality, ethnic or national origin), religion or belief, marital or civil partnership status, disability, age, sexual orientation, pregnancy or maternity, trade union membership or membership in any other legally protected category.
We strive to create an inclusive environment, empower employees and embrace diversity. We encourage everyone to respond.
PlayStation is a Fair Chance employer and qualified applicants with arrest and conviction records will be considered for employment.
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