Job Posting Title:

Senior Financial Accounting Analyst

Req ID:

10092968

Job Description:

About the Role & Team

The Disney Entertainment segment of The Walt Disney Company is responsible for developing, producing, and distributing our outstanding content and oversees the operations of the Company’s entertainment streaming services (including Disney+ and Hulu) and entertainment broadcast and cable television networks. Disney Entertainment brings together the Company’s outstanding creative, product, technology, and commercialization teams into one global organization, with the goal of growing the footprint of Disney’s world-class content and beloved brands and delivering highly personalized entertainment experiences to diverse consumers around the world.

Disney Direct-to-Consumer (DTC) is a line of business within the Disney Entertainment segment that includes all consumer-facing digital video subscription services across the company (Disney+, Hulu, Star+, and Disney+ Hotstar). Our core mission is to deliver global audiences the freedom to access content on their terms across any connected device, time or location.

Disney Entertainment’s DTC Controllership is seeking a Senior Financial Accounting Analyst to join the DTC Subscription Revenue team. This team is responsible for managing the global subscription revenue and reporting processes for Disney+, ESPN+, Star+ and Hulu. This position will report to the Manager, Financial Accounting.

Job Responsibilities

• Perform all duties vital for an effective and timely monthly/quarterly close related to international DTC third party wholesale subscription revenue and music license fees, including the preparation of journal entries, account reconciliations, and detailed explanation of monthly P&L to forecast and Balance Sheet variances

• Analyze and understand subscription revenue related complexities in various regions including taxes, currency conversion, local accounting results and product offerings

• Analyze third party wholesale and music license contract information to determine appropriate application of accounting policies and gather transaction data to prepare wholesale revenue accruals/billing and music license fee accruals/payments

• Ensure accounting procedures performed are in line with existing SOX controls

• Support other audits, including the annual audit of DTC Subscription Revenue by PwC, internal audit, 3rd party contractual audits and local statutory audits

• Proactively identify, recommend and implement improvements in existing models and processes, including opportunities to automate processes where possible

• Effectively connect with business partners and internal team to better anticipate challenges

• Understand and implement standard operating procedures (SOPs)

• Provide support, lead, and assist with ad hoc requests/special projects for team objectives

Required Qualifications & Skills

• Ability to prioritize workload and raise conflicting priorities

• Understanding of accounting fundamentals (e.g., debit/credits, financial statements)

• Complete moderately complex to complex tasks and projects requiring independent initiative

• Possess strong quantitative and analytical skills

• Adaptability and flexibility for changing needs and audiences

• Ability to understand, interpret, and articulate the impact of internal and external factors as they apply to the business/industry/direct processes

• Ability to understand, assess, and prioritize risk across components of the control environment

• Intermediate Excel knowledge with ability to analyze large sets of data using pivot and lookup tables

• 3+ years of relevant experience

Education

• Bachelor’s degree in Accounting, or related field, or more than 5 years relevant experience.

The hiring range for this position in Glendale, CA is $101,800.00 to $124,400.00 per year. The base pay actually offered will take into account internal equity and also may vary depending on the candidate’s geographic region, job-related knowledge, skills, and experience among other factors. A bonus and/or long-term incentive units may be provided as part of the compensation package, in addition to the full range of medical, financial, and/or other benefits, dependent on the level and position offered.

Job Posting Segment:

Controllership & Tax

Job Posting Primary Business:

DE Controllership

Primary Job Posting Category:

Accounting

Employment Type:

Full time

Primary City, State, Region, Postal Code:

Bristol, CT, USA

Alternate City, State, Region, Postal Code:

Date Posted:

2024-06-26