Senior Financial Analyst, Amazon
MGM Television Accounting
$56.9-128.8k
Office located in Beverly Hills, CA
The largest online retailer and technology provider
Job no longer available
The largest online retailer and technology provider
1001+ employees
Job no longer available
$56.9-128.8k
Office located in Beverly Hills, CA
1001+ employees
Company mission
To be Earth's most customer-centric company.
Role
Who you are
- 3+ years of finance or a related analytical field experience
- Bachelor’s degree in Accounting or related area
- CPA or CPA candidate
- Strong proficiency in Excel
- SAP experience
- Prior public accounting experience in the entertainment industry
- Self-motivated, Detail-Oriented, Curious, Enthusiastic, and Adaptable
- Operate efficiently in a fast-paced, results-oriented environment
- Effective verbal and written communication
What the job involves
- Metro-Goldwyn-Mayer Studios Inc., ("MGM") is looking for a Senior Financial Analyst to join the Television Accounting team
- The Television Accounting team oversees the accounting and reporting functions relating to the development, production, acquisition, licensing, and distribution of television content
- The Senior Financial Analyst will primarily support all accounting functions relating to MGM’s television distribution business
- Responsible for the monthly accounting close including preparing journal entries, analyzing and explaining fluctuations and variances, and providing meaningful financial reporting to management
- Review television licensing agreements and interpret contractual terms to determine appropriate revenue recognition under ASC 606
- Research technical accounting guidance and prepare internal technical accounting memos, as needed
- Collaborate with cross-functional business partners including Finance, Production, Tax, and Sales to maintain flow of communication and support
- Ensure compliance of appropriate accounting policies and internal controls
- Analyze current procedures. Recommend, develop, and drive process improvements to achieve efficiency and scalability
- Review and analyze reporting packages from MGM’s foreign subsidiaries
- Build trust with senior management through effective communication
- Contribute to exciting ad hoc projects
Our take
Amazon is the world's largest online retailer, and is well-known for its disruption of well-established industries. The company is present in numerous verticals, including cloud computing with Amazon Web Services, AI with its range of Alexa devices and a global marketplace more commonly referred to as 'the everything store'. Acquisitions include Ring, Twitch, Whole Foods Market, and IMDb.
More recently, Amazon has been focused on leading the "third wave in digital advertising". Many businesses are now shifting ad dollars to retailers, which before would have been spent with online media platforms. Amazon's seen great success in the space, with its revenue from advertising now higher than its Amazon Prime membership scheme, audiobooks and digital music combined. This growth is particularly impressive considering its digital ad rivals (like Snap, Alphabet, and Meta) have suffered declines due to wider macroeconomic factors and Apple's iOS privacy changes.
Despite its dominant market position, Amazon will continue to be challenged over the next decade, including sustaining AWS's cloud dominance in the face of Google and Microsoft. On top of this, the company's e-commerce division is facing profitability problems despite its 2023 post-IPO debt funding of 8 billion. It will need to find new ways to stay above their competitors.
Steph
Company Specialist at Welcome to the Jungle
Insights
16% employee growth in 12 months
Company
Company HQ
South Lake Union, Seattle, WA
Leadership
Jeff Bezos
(Founder & Executive Chairman)Jeff is an American business magnate, media proprietor, and investor. As well as founding Amazon, Jeff founded Blue Origin, an aerospace manufacturer and sub-orbital spaceflight services company and also owns The Washington Post.
Andy Jassy
(President & CEO)Joined Amazon as a Marketing Manager in 1997. Developed AWS with Jeff Bezos, and became CEO of Amazon in 2021.
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