Business Analyst Accounts Receivable

….. Wayne Abramowitz

Porter Ranch, CA ***** ● Cell: 818-***-**** ● email: ***********@*****.**.***

Summary

Experienced Accounting and Finance Professional with expertise in financial statement preparation and developing, maintaining, and communicating financial results to management. Proven success in improving and streamlining internal controls and procedures that resulted in timing and cost savings. Known for being a team player, energetic, possessing a positive attitude, adaptable, flexible and dependable. Experienced in dealing with clients and training of staff. Exceptional problem solving and communication skills with expertise in:

Internal and External Financial Statements

Client Statements and Billings

Communicating with Clients

Team Leadership

Training and Development

Improving Staff Performance

System Development and Implementation

Contractual Reporting including interpreting agreement terms

Administering Procedural Changes

Correcting Overpayments

Participation in Executive Focus Groups

SAP, and Oracle software experience

General Ledger, Account Reconciliations

Telecommuting

Reporting to Executives

Participations, Royalties, and Residuals

Advanced Excel, Vlookups, Pivot Tables

Teleconferencing

Professional Experience

Crunchyroll. Culver City, CA

Senior Business Analyst 06/23 – 08/25

Yearly revenue and expense budgets, monthly analysis of actual revenues and expenses to budget, semi annual revenue and expense forecasts, management of incoming and outgoing royalty statements, frequent client contact, accounts receivables, collections, on development team for new royalty system, assist with chart of accounts and account mappings, analysis of client agreements, audits of incoming and outgoing royalty statements. Assist with Rightsline upload to Alliant Royalty system development.

Crunchyroll. Culver City, CA 07/20 – 05/23

Senior Royalty Analyst (Consultant)

Audit all incoming licensee royalty statements, in charge of licensee royalty forecasts, monthly royalty revenue accruals, in charge of resolving billing and unapplied cash issues with the accounts receivable department including analysis of monthly AR aging reports, royalty revenue analysis for sales team to assess sales trends and performance by licensees, in charge of reviewing and summarizing licensee agreements, frequent contact with the legal department and licensees.

Ad hoc projects for upper management

Lead team meetings

Creation of royalty statement templates

Track new, extended, expired deals

Developed procedure for royalty audits

Resolve audit issues with licensees

Liaison with Legal Department

Track all royalty advances, recoupment

GLOBAL EAGLE ENTERTAINMENT, Culver City, CA

Senior Royalty Analyst 11/15 – 07/20

Prepare, review and setup feature, television, games and publishing royalty statements and sales commission statements. Analyze royalty and sales commission agreements for terms to be included in statements. Responsible for compiling recoupable royalty expenses and posting them into royalty system. Frequent contact with clients, third party auditors, internal Operations, Legal, Accounts Payable and Accounts Receivable

Departments. Lead for licensor audits. Solely responsible for royalty and sales commission invoices and internal payment requests. Training of Staff.

Streamlined royalty statement and reporting procedures, significant increase in productivity

Improved efficiency of obtaining and posting recoupable royalty expenses

On planning and implementation team for automating royalty statements in Oracle

Worked full time from home for approximately six months

UNIVERSAL MUSIC GROUP, Woodland Hills, CA

Consultant, Senior Royalties Analyst 10/13 – 10/15

Prepare, review and setup music royalty statements, review and summarize royalty agreements. In charge of submitting and sending royalty payments, tracking and prioritizing royalty statements, and resolving audit issues. Developed and maintained cover letter templates. Journal entries, royalty liability, account reconciliations, return reserve adjustments.

Streamlined reporting procedures, significantly improved accuracy

Automated statement templates, resulted in improved efficiency

Due to procedure and reporting improvements, increased statement volume

WARNER BROS., Burbank, CA 08/00 – 08/13

Senior Participations Analyst

Prepared and reviewed Video, Games, Television and Feature participation statements. Lead for conversion of acquired company participation statements, ad hoc reporting and special projects. Responsible for tracking and communicating results to executives. Trained staff including conducting training meetings.

Saved company over $7M due to independent investigation and correction of misstated client financial statements

Lead planning and implementation team for new automated video participation system, improved accuracy and efficiency and cut labor time in half

Lead Executive Focus Group and originated procedures for promoting increased communication and collaboration among the departments of the division

Streamlined contractual reporting procedures, improved staff productivity and enhanced client satisfaction

Initiated change for scheduling tasks and tracking and reporting results to executives, resulted in enhanced efficiency

Administered revision of department reference manual

Accomplished revision of departmental Sarbanes-Oxley reporting procedures, significant reduction of internal auditing errors

DREAMWORKS SKG, Glendale, CA 02/97 – 07/00

Senior Accountant

Monitored, budgeted and inventoried corporate and production fixed assets. Administered feature film accounting and finance functions including: Film financing reporting and reconciliations, balance sheets and income statements, negative cost maintenance and amortization, production overhead and ultimates. Administered participation and residual payments. Managed independent books for co-financed ventures.

Initiated change for accounting and amortization of entertainment assets, improved accuracy of financial statements

Led planning and implementation team for new automated fixed asset system, increased efficiency and reduced procurement costs

Facilitated cross training of responsibilities, significantly increased productivity

Additional Experience

HANNA-BARBERA, Hollywood, CA

Leading Animation Studio with several hundred million dollars of annual revenue.

Senior Accountant

CAROLCO PICTURES, West Hollywood, CA

Leading Independent Film Production Company with about $500 million of annual revenue.

Staff Accountant

Education

Bachelor of Science Degree in Business Administration – Accounting. California State University, Northridge

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