The Associate in Content Accounting Operations will be based in New Delhi, India and will report directly to the Associate Director – Record to Report based in India. As a primary responsibility need to work for Discovery Us Entities and report to US Content Accounting Managers/Senior Analyst or above and also works closely with other Business Departments, Global Business Services (GBS), the broader Finance community, Internal Audit, and external auditors, Tax team, Financial Compliance. This individual will be responsible for making sure that transactional data is entered correctly into Discovery content systems ensuring Accounting policies are followed for respective region.
RESPONSIBILITIESDaily activities
- Position performs and is responsible for various program accounting duties including maintenance of the content assets register,
- Setting up projects/assets in SAP based on signed agreements, reviewing cost allocation, and ensure all expense profiles and invoicing plans have been set-up correctly in SAP in line with contractual terms and accounting policy,
- Timely processing of contracts in SAP to ensure payments can be made within contractual terms to vendors,
- Supporting the Production Management Department (PMD) with payments, asset set up and ad hoc queries, and
- Supporting the internal/external audit process by submitting necessary requests
In terms of key skills
- Attention to details as there will a lot of contracts reading and coding it appropriately in the system so that amortization gets recorded
- Navigating across different content teams to get the information about production budgets, premiere dates as well as making payments for content etc. (i.e. PMD, programming operations,)
- Basic understanding of accounting for Fixed Assets including capitalization and amortization and implications of those transactions on the BS and P&L
Controls and Procedures
- Continuous improvement and development of processes, controls, and reporting
- Implement control procedures over the purchases of programme rights
- Support development of systems, tools, and processes to facilitate efficient and accurate analysis
- Ensure SOX compliance and appropriate administration and documentation for the Global Content Accounting function, including liaison with internal and external auditors
- Thorough documentation of controls and processes
