Financial Analyst in Los Angeles, California at Complex

NewSalary: $85000 - $95000Job Function: Accounting/Finance
Complex
Los Angeles, California, 90028, United States
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Job Description

Financial Analyst

Join the largest and fastest growing independent artist merchandise company in the space, work across contemporary recording artist’s e-commerce stores, tours, retail programs, album rollouts + more.

We are seeking a self-motivated and detail-oriented Financial Analyst with excellent communication and critical thinking skills who thrives working in a collaborative fast-paced environment. This role will serve as essential support for the Accounting and Finance operations for TITOL.

The primary function of the role is performing financial analysis and preparing 3rd party artist reporting including project P&Ls, profit split statements, and royalty statements. The position will work on financials for top-tier artists in the music and merchandise industry, as well as notable brands and collaborators in the fashion and art space. You will work cross-functionally with all teams at TITOL to gather relevant information for accurate reporting.

In addition to statement preparation, the role will complete analysis for project management and day-to-day financial operations, as well as assist in understanding artist profitability. This position will play a critical function in overall financial support, external reporting, and entity level financials.

Working Environment:
In-office 5 days/week with occasional travel or on-site support required. May involve weekend or extended hours during peak seasons. Very fast-paced and detail-driven environment, with a strong emphasis on communication, adaptability, prioritization, and proactive problem-solving.
What You'll Do
Statement Reporting
  • Prepare monthly Artist Settlement P&Ls for ecommerce, touring, and event activity.
  • Prepare profit split statements for touring activity and artist collaborators.
  • Prepare royalty statements for artist collaborators.
  • Collaborate with production and brand teams to understand artist activity during each period. Manually track product movements and billing requirements for each statement.
Analysis
  • Analyze historical data and make recommendations on projected product buys.
  • Complete cost analysis to aid project management.
  • Prepare margin analysis for ECOM, Tour, and Event pricing. Suggest retail prices and target costing for ongoing projects.
  • Prepare wholesale project billing reports.
Project Management
  • Manage workflow and settlement preparation for 30-40 artist roster.
  • Maintain schedule for royalty reporting to 3rd parties and artist collaborators.
  • Continually improve processes for cost tracking and billing and assist in implementing improved workflow.
Entity Level Reporting
  • Book royalty expense for monthly close process.
  • Maintain company-wide artist balance ledger.
  • Maintain month end financial close package reported to the CEO, Head of Finance, and General Manager.
Who You Are
  • Bachelor’s degree in Accounting, Finance, or related field.
  • 3-5 years experience with royalty reporting, financial reporting, accounting, or financial analysis.
  • Excellent Excel skills including look ups, pivot tables, and basic modeling.
  • Familiarity translating artist deal structures and contracts into P&L statements.
  • Excellent organizational skills necessary to maintain complex accounting & royalty reporting.
  • Familiarity with music industry and deal structures.
  • Some accounting background (familiarity with 3 statements, debits and credits, accruals).
What We Offer
  • Best in class health, dental, and vision insurance
  • Healthcare FSA
  • Dependent Care FSA
  • Commuter Benefits FSA
  • Short-term/long-term disability and life insurance
  • Paid Parental leave
  • 401k with 4% match
  • Pet Insurance
  • Legal and Identity Theft Plans
  • Vacation time and sick days
The Pay Range, which consists of salary and commission, for this position is listed. Actual pay will vary based on factors including, but not limited to location, experience, and performance.
We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
The above statements cover what are generally believed to be principal and essential functions of the job. Specific circumstances may allow or require some incumbents assigned to the job to perform a different combination of duties.
Complex participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.
Candidates must be legally authorized to work in the U.S. without the need for visa sponsorship.

$85,000 - $95,000 a year

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Job Location

Los Angeles, California, 90028, United States

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