Michael Cole, Mba Email & Phone Number

Huntersville, Nc, Us

Examine and analyze the various accounting and technical data from database sources utilizing SQL queries to extract royalty data from company financial informationReview all audit findings for accuracyPrepared and reviewed cost proposals/requests for proposal cost elementsEvaluated and monitored contract performance to determine need for contract amendments or extensions and compliance with contractual obligations

Everett, Wa, Us

Work with Licensing, Sales, Product Development and Financial Planning & Analysis teams on daily basis to arrive at comprehensive and meaningful forecasts for our Licensors.Communicate detailed forecast explanations and justifications to Licensors explaining which properties experienced changes between forecasting cycles and why.Serve as point of contact for all Licensor forecasting and royalty questions.Identify revenue trends for future forecasts utilizing past sales data.Create Minimum Guarantee and Shortfall flash report for business owners to increase visibility into deals that need assistance to meet their MG’s. Communicate with Sales, Licensing, and PD about which deals could face shortfall situations and how to offset that risk. Update and maintain on a monthly basis.Create Marketing Spend flash report for all business owners to increase visibility into agreements that contain a contractual Marketing Spend and Funko’s spending towards these commitments. Update and maintain contractual Marketing Spend analysis and tracking report monthly.Work with Funko subsidiaries to continue the integration of their sales data, forecasting, and royalty reporting into HQ’s processes to create a global royalty workflow.Help to manage large number of contracts, properties, and products as the business continues to grow.Assist with the configuration, testing, launching, and maintenance of the Funko contract management and royalty systems.Prepare quarterly royalty statements and identify time-saving procedures to allow the process to scale with the business growth.Perform large volume of ad-hoc sales analyses, minimum guarantee analyses, and forecast analysis, assisting Licensing team with contract negotiations.

Thousand Oaks, Ca, Us

Designed, evaluated and monitored royalty contracts and royalty payments to studios. Collaborated with CEO, COO and CFO to develop the annual department budgets as well as policies and procedures for adhering to royalty contracts. Supervised a staff of 25 managers across all departments (200 employees) to ensure contract compliance. Applied LEAN principles to streamline royalty tracking and management processes, leading to a 95% reduction in audit findings and a 30% increase in overall efficiency in royalty processing. Partnered with the legal department during annual audits to dispute errors in external audit findings and bolster future contract drafts.

Prepare and plan the scope of royalty audits for Disney, Marvel and LucasfilmExamine and analyze the various accounting and technical data to ensure royalties were reported and paid correctlySupervise the audit staff delegating projects and reviewing completed auditsAudit use of required “Common Marketing Fund” and advertising usageQuantify and prepare various schedules supporting royalty underpaymentsMaintain written and verbal communications with licensorsAssist in settlement negotiations and litigation supportPerformed or supervised over 45 audits contributing substantial additional revenues to Disney Consumer Products

Chino, California, Us

Manage the Review and Audit process of all client accounts annually to ensure proper reporting and paymentLead weekly compliance meeting attended by CEO, CFO, and VP of Business DevelopmentRepresent Compliance Team in weekly management meetingsLiaise with IT to audit licensee download activity in comparison to licensee reportingCopyright case research and supportManage and develop the SalesForce CRM companywideManage the companywide Dashboard for the Accounting, Marketing, Production and Sales segments

Oakland, California, Us

Applied LEAN methodologies to enhance the development and management of incentive compensation policies, delivering a 20% reduction in administrative costs and achieving a 15% improvement in the precision and timeliness of incentive policy implementation. The Incentive Compensation team partnered quarterly with Human Resources and Health Plan Management to review all compensation data under these policies. Additionally, this position designed, audited and managed the financial reports and dashboards used to communicate progress to the department Director and CFO. Management of a team of 10 individuals issuing the annual payout bonuses and off cycle adjustments in compliance with the incentive compensation policies previously mentioned and FLSA standards.

Raised incremental project revenue by 35% managing multi-company media projectsRenewed advertising segments neglected by sales staff resulting in an extra 20 to 50k in revenue each monthDesigned and carried out research to identify competition, outline current marketplace, and create advertising strategiesImplemented the Sales Bonus system and policies by which bonuses were administered

Processed Payroll and Human resources functions for an office of 75+ employeesEvent planning for company events: sales presentations, corporate outings, and charity eventsAccounts Payable / Receivable and Collections

Demonstrated expect knowledge of disability products, contracts and provisions, EPIC, and medical terminology including ICD-9 coding for analysis and eligibility decisions. Performed analysis and presented results utilizing SQL, SSI, MS Access, Excel and Visual Basic scripts. Managed a range of coverage issues, including contractual eligibility for coverage, benefit coverage levels, effective dates and requirements as well as recognizing and investigating discrepancies related to Medicare and Medi-Cal coverage. Adjudication and management of Long Term Disability claims deemed totally and permanently disabled and the handling of subrogation claims for both Short Term and Long Term Disability. Interacted with health plan providers (Aetna, Health Net, Blue Shield, and Blue Cross) to insure eligibility for physician care services.

Master Of Business Administration - Mba

Bachelor Of Science (Bs), Accounting

Associate Of Arts And Sciences (Aas), Computer Systems Networking And Telecommunications