Senior Manager of Content Accounting, Crunchyroll
$134.5-168.1k
Streaming service for anime and manga
Open for applications
Streaming service for anime and manga
1001+ employees
Open for applications
$134.5-168.1k
1001+ employees
Company mission
To create experiences for anime and manga fans, and to enable them to connect through the content they love.
Role
Who you are
- 8+ years of accounting experience, including people management responsibilities
- B.S. in Accounting with working knowledge of US GAAP and/or IFRS
- Public accounting experience (preferred, but not required)
- Microsoft Excel skills (Index Match, sumifs, pivot tables, etc.)
- Leadership qualities that exemplify commitment to Crunchyroll's values and motivate excellence from your direct report(s)
- A curiosity mindset to understand how our team supports and is supported by other teams
- A "kaizen" attitude to improve and enhance existing processes to anticipate the needs of the future
What the job involves
- In your role at Crunchyroll as a Content Accounting Senior Manager, you will be responsible for the accurate record keeping of our growing number and value of content assets and related liabilities under the applicable IFRS standards and Crunchyroll/Sony accounting policies
- Reporting to our Director of Content Accounting, you will be operating with a high degree of autonomy in leading month-end close activities such as journal entry review, reconciliation review and reporting; resolving complex accounting issues, and responding to internal and external inquiries
- You will also be directing and supervising the work of the senior accountant
- A day in the life of our Content Accounting Senior Manager:
- You will be a part of the team responsible for the financial integrity of our content commitments, assets (capitalization), liabilities (payments), and expenses (amortization) and while ensuring the connectivity and consistency of our reporting among other related groups (such as the royalty reporting team (FCR) and deal management team)
- The Content Accounting Senior Manager will work closely with the Content Accounting Senior to ensure the accuracy of records that are maintained in our financial ledgers (NetSuite) as they pertain to Content Accounting related accounts
- Some of the responsibilities include:
- Reviewing monthly and quarterly close journal entries accounting for all content assets and liabilities acquired in the period
- Reviewing monthly amortization calculations based on the appropriate methodology for each type of asset
- Performing detailed financial statement analyses, including discussions on various issues, analysis, preparation, and review of account reconciliations
- Collaborating with Deal Management and Business Affairs (as needed) to understand proper accounting treatment for content agreements and transactions (e.g. licensing contracts, co-production deals, etc.
- Managing, coaching, and developing junior staff accountants
- Partnering with the Director of Content Accounting to prioritize tasks and process improvement initiatives within the team
- Meaningfully and proactively engaging in internal projects to help drive successful implementation
- Serving as a subject matter expert and escalation point on content accounting matters including audits, system enhancements, and cross-functional initiatives
Our take
In recent decades, anime - encompassing Japanese, Korean, and Chinese animation 0 has transitioned from a niche interest to a formidable industry, boasting a global market worth approximately $30B. Despite this growth, distribution has historically posed challenges, with series and films often reaching overseas audiences through disparate channels, if at all. Crunchyroll emerged to address this issue by consolidating the largest collection of anime into a single streaming service.
Sony's acquisition of Crunchyroll in 2021 for $1.75B expanded the platform's reach, integrating Sony's extensive animation library into its offerings. this move also positioned Crunchyroll for heightened competition against streaming giant Netflix, known for its substantial investments in anime production and acquisition. Currently, Crunchyroll maintains an unrivaled library of anime content, boasting over 44,000 episodes that have attracted over 0M paying subscribers.
While Crunchyroll initially offered a free, ad-supported tier to its vast community, it appears poised to phase out this option, transitioning to a subscription-based model for all new series. Despite this shift, the platform has implemented a global reduction in fees to stimulate subscription uptake. The success of this strategy remains to be seen, but past experiences with companies like Hulu suggest that it may drive subscription growth and mitigate piracy
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Mar 2010
$0.8m
EARLY VC
Feb 2008
$4.1m
SERIES A
Total funding: $4.9m
Company benefits
- Receive a great compensation package including salary plus performance bonus earning potential, paid annually
- Flexible time off policies allowing you to take the time you need to be your whole self
- Generous medical, dental, vision, STD, LTD, and life insurance
- Health Saving Account HSA program
- Health care and dependent care FSA
- 401(k) plan, with employer match
- Employer paid commuter benefit
- Support program for new parents
- Pet insurance and some of our offices are pet friendly!
Company HQ
Miracle Mile, Los Angeles, CA
Leadership
Kun Gao
(Co-Founder & CEO)Co-founded Crunchyroll in 2006 and served as CEO/General Manager/Board Member until 2018. Previously the founder and CTO of Frappr.com as well as a Product Engineer at HOT or NOT.
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