Manager, Royalty Accounting

CREATIVITY IS OUR SUPERPOWER. It's our heritage and it's also our future. Because we don't just make toys. We create innovative products and experiences that inspire fans, entertain audiences and develop children through play. Mattel is at its best when every member of our team feels respected, included, and heard-when everyone can show up as themselves and do their best work every day. We value and share an infinite range of ideas and voices that evolve and broaden our perspectives with a reach that extends into all our brands, partners, and suppliers.

The Team:

The Royalty Accounting team is part of the Franchise Finance organization and is responsible for the accounting and reporting functions for royalties. We work cross-functionally with internal stakeholders as well as with outside parties to ensure accuracy of accounting and timeliness of our reports. The success of the team is critical in helping Mattel to be the Partner of Choice with our licensors.

The Opportunity:

Mattel is currently seeking a Manager to join the Royalty and Advertising Accounting team in East Aurora, NY. This position is responsible for the proper accounting of royalties and advertising in Mattel's financial statements as well as the oversight of critical analytical accounting and operational functions for worldwide royalty contract administration and payment calculations across all Mattel brands. The role requires regular contact with outside licensors and third-party audit firms as well as many internal stakeholders such as legal, tax, and marketing. The selected candidate will need to develop a sound understanding of the operational issues that affect the administration of royalty contracts both from a systems perspective and from a customer interaction perspective

What Your Impact Will Be:

• Manage the administration of all assigned royalty contracts

• Perform and review all monthly/quarterly accruals

• Own all account reconciliations & analysis of Prepaid, Accrual, and Expense accounts

• Perform financial forecasts for royalty expenses including analysis of minimum guarantees and prepaid expenses as well as the cash forecast for treasury

• Coordinate the preparation of Intercompany invoices and annual government reporting requirements

• Coordinate the entry of new product SKUs and new contracts and amendments into the World Wide Licensing (WWL) system

• Manage ad-hoc requests (i.e. analysis/reporting/etc.) to facilitate business decisions

• Continuously seek ways to drive process improvements

What We're Looking For:

• Bachelor's Degree and 8+ years or MBA and 6+ years of experience with a proven track record working in various accounting capacities (e.g., general accounting, management, and external reporting)

• Strong understanding of financial and accounting concepts

• Ability to manage and work with large amounts of data

• Expert in Microsoft Excel and proficient in Microsoft Office (Word, PowerPoint)

• Experience with Hyperion and Oracle systems is a plus

• Excellent analytical, communication, and organizational skills

• Demonstrated a growth mindset by staying curious and continuously learning, embracing challenges, and improving themselves.

The annual base salary range for this position is between $92,000 and $115,000

This range is indicative of projected hiring range, however annual base salary will be determined based on a candidate's work location, skills and experience.

Don't meet every single requirement? At Mattel we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

How We Work:

We are a purpose driven company aiming to empower generations to explore the wonder of childhood and reach their full potential. We live up to our purpose employing the following behaviors:

• We collaborate: Being a part of Mattel means being part of one team with shared values and common goals. Every person counts and working closely together always brings better results. Partnership is our process and our collective capabilities is our superpower.

• We innovate: At Mattel we always aim to find new and better ways to create innovative products and experiences. No matter where you work in the organization, you can always make a difference and have real impact. We welcome new ideas and value new initiatives that challenge conventional thinking.

• We execute: We are a performance-driven company. We strive for excellence and are focused on pursuing best-in-class outcomes. We believe in accountability and ownership and know that our people are at their best when they are empowered to create and deliver results.

Who We Are:

Mattel is a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO, Masters of the Universe, Matchbox, Monster High, MEGA and Polly Pocket, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, digital and live experiences. Our products are sold in more than 195 countries in collaboration with the world's leading retail and ecommerce companies.

Mattel is recognized as a Great Place to Work and as one of Fast Company's Best Workplaces for Innovators in 2022.

Visit us at https://jobs.mattel.com/ and www.instagram.com/MattelCareers.

Mattel is an Affirmative Action/Equal Opportunity Employer where we want you to bring your authentic self to work every day. We welcome all job seekers including minorities, females, veterans, military spouses, individuals with disabilities, and those of all sexual orientations and gender identities.

Videos to watch:

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