The Client Finance Manager will oversee all financial aspects of the licensing programs for a portfolio of clients, working closely with the client and CAA brand leads. The candidate will manage all client-related financial processes, including but not limited to invoicing, accounts receivable tracking, cash receipts and payments application, royalty reports tracking and processing and reporting to internal and external stakeholders.
The role will assist the regional and global finance and business heads in providing valuable financial insights, including internal budgeting, forecasting and variance analysis and suggest ways of improvements in all areas.
The role will also be responsible for day-to-day licensee management – processing royalty reports, invoicing, chasing and cash application of licensee payments, collecting forecasts.
Job Description
Responsibilities:
- Be the primary finance contact as Client Finance lead for responsible clients to manage the financial aspects of relevant licensing programs
- Prepare internal and external budgets and quarterly forecasts in conjunction with brand teams.
- Review and ensure Trust Accounting process for the respective clients and licensees are handled timely with accurate results
- Review and ensure reporting and payments to clients are properly prepared and submitted on or before agreed timeline
- Provide key analysis as required by client as well as for internal management.
- Confirm compliance to client representation agreements.
- Ensure key finance processes are being followed by all offices, update bi-weekly internal A/R reporting, and monitor licensee late reporting/payment ensuring strong credit control.
- Flag and escalate for financial risks and opportunities on the responsible clients, such as risk in accounts receivable collection and/or future deals guarantees
- Oversee licensee quarterly forecast process.
- Process and follow up on royalties, payments, forecasts, marketing spend for North American licensees within client portfolio.
- Ensure financial points of HubSpot are being maintained.
- Provide financial performance updates to client team and identify and communicate key finance issues.
- Liaise with brand team and external auditors on licensee audits, making recommendations on audit candidates and assisting with data collection as needed.
- Assist regional and global Finance leads with other ad hoc projects as needed.
- Review and process licensee royalty reports, issue invoices, follow up on late reporting and payments
Requirements:
- Bachelor’s or associate degree with business background
- 4-5 years experience in licensing and royalty accounting
- Attention to detail, able to work under pressure to deadlines and with initiative in a fast-paced environment
- Proactive, hands-on problem solving approach
- Highly effective written and verbal communication skills at all levels, credibility with senior management
- Excellent computer skills; experience in accounting software, Microsoft Office Suite, including advanced Excel skills.
- Previous experience utilizing Brand Comply (or other contract/royalty system), Power BI, and SAP, but not required
Creative Artists Agency, LLC (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate on the basis of race (inclusive of traits historically associated with race, including hair texture and protective hairstyles), color, religion, creed, gender or sex (including pregnancy, childbirth, breastfeeding or related medical conditions), national origin, ancestry, age, physical disability, mental disability, medical condition, genetic information, family and medical care leave status, military or veteran status, marital status, family status, sexual orientation, gender identity, gender expression, political affiliation, an employee’s or their dependent’s reproductive health decision making (e.g., the decision to use or access a particular drug, device or medical service), or any other characteristic protected by applicable law.
The absence of a permanent address is not a bar to employment. The Company does not discriminate against individuals based on housing status, including the absence of a fixed address.
The Company also complies with the Americans with Disabilities Act and applicable state and local laws with regard to providing reasonable accommodation for qualified individuals with disabilities.
CAA does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by CAA to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that CAA will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.