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For Companies At a Glance
- Tasks: Manage royalty statements, client payments, and financial reporting for a leading sports company.
- Company: Join IMG, a global leader in sports, events, and brand representation.
- Benefits: Enjoy a full-time role with a competitive salary and opportunities for growth.
- Why this job: Be part of a dynamic team impacting the sports industry while developing your finance skills.
- Qualifications: Degree level or equivalent with strong Excel skills and finance experience required.
- Other info: Located in London, this is a permanent position with a Monday to Friday schedule.
The predicted salary is between 36000 - 60000 £ per year.
IMG is a global sports, events and representation company. It is a leader in rights management, multi-channel content production and distribution, consultancy and fan engagement; owns, produces and commercially represents hundreds of live events and experiences; and manages licensing programs for the world’s best-known brands and trademarks. IMG is a subsidiary of Endeavor, a global sports and entertainment company.
What You'll Do:
- Client Reporting
- Facilitating the timely collection & processing of royalty statements / sales projections from Licensees, ensuring accurate invoices of royalties are raised and shared with Licensees.
- Ensuring client payments are accurate, complete and sent in a timely manner, as well as fulfilling IMG’s reporting obligations as per Client Representation Agreements.
- Monitoring receivables and liaising with IMG’s Credit Control and Licensing Commercial teams to achieve timely collection of royalties.
- Assisting with internal financial queries as well as those from licensees, clients and auditors when required (e.g. process structure, required documentation, calculation breakdowns).
- Accounting
- Processing supplier invoices and liaising with Accounts Payable to arrange timely payments.
- Posting month-end journals, including revenue / cost accruals, bad debt provisions and write-offs.
- Performing reconciliations and assisting with monthly management reports as required (COS and G&A analysis, reserve analysis, revenue variances).
- Finance Reporting
- Assisting the senior finance team with preparing quarterly royalty projections and analysis.
- Continuously seeking process improvements.
- Other Responsibilities
- Providing absence cover for other members of the Finance Team.
- Supporting the Finance Team with ad-hoc analysis and reports.
You Have These:
- Degree level or equivalent.
- Translating contractual terms.
- Intermediate to advanced MS Excel skills (e.g. VLOOKUPs, SUMIFs, etc.).
- Experience of Finance Business Partnering, and Accounting / AP / AR experiences.
- Strong interpersonal skills; ability to communicate well with a broad spectrum of international and domestic clients.
- High attention to detail, accurate and analytical.
- Ability to work under pressure and prioritize workload.
- High level of numeracy.
Working Conditions:
- Permanent, London City Road.
- Mon-Fri, 9am-5pm.
- Seniority level Associate
- Employment type Full-time
- Job function Accounting/Auditing, Finance, and Analyst
- Industries Entertainment Providers
Royalty Analyst employer: IMG
Contact Detail:
IMG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Royalty Analyst
✨Tip Number 1
Familiarise yourself with the key responsibilities of a Royalty Analyst, especially in client reporting and financial analysis. Understanding the nuances of royalty statements and invoicing will give you an edge during interviews.
✨Tip Number 2
Brush up on your MS Excel skills, particularly functions like VLOOKUPs and SUMIFs. Being able to demonstrate your proficiency in Excel during practical assessments or discussions can significantly boost your chances.
✨Tip Number 3
Network with professionals in the finance and entertainment sectors. Engaging with current employees at IMG or similar companies can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 4
Prepare to discuss your experience with finance business partnering and accounting processes. Be ready to share specific examples of how you've handled financial queries or improved processes in previous roles, as this will showcase your relevant expertise.
We think you need these skills to ace Royalty Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Royalty Analyst position at IMG. Understand the key responsibilities and required skills, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience in finance, accounting, and client reporting. Emphasise your proficiency in MS Excel and any previous roles that involved financial analysis or royalty management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of IMG's operations and how your skills align with their needs. Mention specific experiences that demonstrate your attention to detail and ability to work under pressure.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is crucial for the role.
How to prepare for a job interview at IMG
✨Showcase Your Analytical Skills
As a Royalty Analyst, you'll need to demonstrate your analytical abilities. Be prepared to discuss specific examples of how you've used data analysis in previous roles, especially with tools like MS Excel. Highlight any experience with VLOOKUPs or similar functions.
✨Understand the Industry
Familiarise yourself with IMG and its role in the sports and entertainment industry. Knowing about their client representation agreements and how royalties work will show your genuine interest and help you stand out during the interview.
✨Prepare for Technical Questions
Expect questions related to finance and accounting processes, such as invoicing and reconciliations. Brush up on your knowledge of these areas and be ready to explain your experience with financial reporting and analysis.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with various teams and clients, it's crucial to showcase your interpersonal skills. Prepare to discuss how you've effectively communicated complex information to different stakeholders in the past.
