Bronx, NY 10463
Cell: 917-***-**** firstname.lastname@example.org
AREAS OF EXPERTISE
GAAP Principles, Budgets/Forecasts, Ledger Close, 3rd Party Licensing PROFESSIONAL EXPERIENCE
COTY, INC., New York, NY 201-2018
Director, Brand Finance and Licensing
Responsible for $900M quarterly budget and close analytics for quarter-over-quarter and year- over-year comparison for a Fortune 500 global cosmetic/beauty company.
Supervised the addition of $500M quarterly revenue into the inter-company reporting process.
Ensured the financial health of the company by monitoring balance sheets with quarterly true-up, treasury reporting and prepared 3rd quarterly payments with statements.
Streamlined 3rd party statement process after company merger. Amended contractual data and added accounts and working capital information into SAP.
Resolved SOX compliance issues relating to 3rd party payments by increasing transparency in the financial reporting structure and creating a system of internal checks and balances.
Settled external audits, in most cases for less than the amount originally filed on the audit report.
ALLOY ENTERTAINMENT, New York, NY 2011-2017
Director, Financial Reporting 2014 –2017
Prepared quarterly forecasts, monthly P&Ls, and annual budgets for $10M book publishing business unit, as well as ad hoc reporting for CEO. Responsible for daily finance/accounting activities including month/quarterly/yearly close, budgets/forecasts, Long Range Plan, Accounts payable and receivable.
Responsible for financial reporting and budgeting for Alloy Entertainment.
Developed spreadsheets used for (and then used to update) worldwide projections of revenues and related direct costs by title (plus overhead, as needed) for each reporting cycle and Long-Range Plan.
Handled $2M in monthly cash receipts and cash clearing for G/L, booked monthly and quarterly journal entries, requested and tracked vendor payments.
Kept amoritization reconciliation for all assets, tracked intercompany journals, monthly balance sheet reconciliation.
Responsible for A/P, A/R, monthly cash estimates, and e-sales reports for Apple, B&N and Kindle digital sales and internal reporting from each function.
Performed detailed review of writer participation statements, responding to participant queries and concerns.
Coordinated and oversaw audits of key publishing partners and managed third-party audits requested of Alloy.
Traveled to Los Angeles 4 times a year for budget meetings, to review all financials related to Alloy, and to have accounting meetings locally. STEPHANIE ABRAMS, PAGE TWO
Reviewed $1M in monthly worldwide funds received and provided TV Finance with appropriate coding by title.
Streamlined Alloy company information into Warner Bros structure. Created sheets for all cash clearing activities.
Managed one financial analyst.
Finance Manager 2011–2014
Responsible for creating royalty reporting system for Alloy, as well as ensuring worldwide income was received in a timely manner and coded appropriately. Coordinated and oversaw audits of key publishing partners by Alloy.
Managed third-party audits requested for Alloy.
Reviewed worldwide incoming funds received and reviewed/analyzed incoming publisher, third-party and agency statements. Followed up on missing items.
Summarized foreign remittances from multiple agencies, reconciling against wires received and coding as appropriate for G/L posting.
Created Ebook sales reporting module for easier, faster, more concise reporting on a weekly basis.
Reconciled monthly e-book receipts and tracked cash-against-sales reports.
Handled the business side of the building of database for all financials and contract information.
WARNER MUSIC GROUP, New York, NY 2007–2010
Manager, Royalty Audits & Artist Royalties
Initial point of contact for outside auditors interested in starting artist and union audits. Ensured that accounting analyses were in compliance with SOX. Reviewed royalty expense for quarterly accrual vs. actual analysis.
Gathered fieldwork for artist and union audit claims.
Handled $20M reserve forecasting for royalty audit area, intercompany reconciliations, and associated journal entries.
Managed the completion of royalty system to general ledger reconciliations and prepared journal entries.
Created detailed audit spreadsheet for steps involved in audits. EMI RECORDED MUSIC, NA, New York, NY 2005–2007
Manager, Beatles & Capitol Artist Royalties
Analyzed, interpreted, and summarized Capitol artist contracts. Responsible The Beatles’ statement process, including quarterly payments.
Created uniform deal summary sheets for use across labels, highlighting contractual information such as provided artist rates, miscellaneous adjustments, escalations, and excess mechanical rates.
Reviewed, audited, and validated royalty statements for 45-, 60-, and 90-day accounts to ensure that all recording costs, artist advances, and royalty calculations were correct.
Liaised with Business Affairs, Law, and A&R Administration concerning contractual and non-contractual payments, miscellaneous costs and earnings.
Started cleaning up suspense account project by analyzing issues and deciding what path to take to speed up a time-consuming process.
Responsible for monthly activity report and analysis for Capitol artists detailing cash forecasts, budgets, and earnings.
Managed 2 assistant royalty accountants; responsible for their work assignments and yearly reviews.
ADDITIONAL CAREER HIGHLIGHTS
Contract Administration (SONY MUSIC ENERTAINMENT; COMEDY CENTRAL)
A&R Administration budgeting, side artist contracts, producer agreements (SONY MUSIC ENTERTAINMENT).
Handled synch licensing, contract drafting, clearance requests (COMEDY CENTRAL)
Built database for all contractual data (COMEDY CENTRAL) SKILLS
US GAAP, SOX, contract analysis, audit response, due diligence, rights management, licensing, MS Office Suite, SAP, Great Plains (Microsoft Dynamics), Oracle, Adobe, Hyperion, Essbase, QuickBooks, proprietary accounting software EDUCATION
BS, Post University, Accounting (to be completed November 2018)