Full-Time

Royalty Expense Analyst

Posted on 11/20/2024

Adobe

Adobe

10,001+ employees

Digital media and marketing software solutions

Consumer Software
Enterprise Software
Education

Compensation Overview

$72.4k - $158.8kAnnually

+ Annual Incentive Plan + Equity Award

Mid

San Jose, CA, USA

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
Power BI
SAP Products
Tableau
Salesforce
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting/finance, or equivalent field and practical experience
  • 3+ years of recent experience in a similar role, preferably in the software industry
  • Advanced proficiency in Microsoft Excel
  • Preferred experience in SAP, Tableau, Power BI, Salesforce, Dynamics, or other ERP & CRM
  • High attention to detail with an analytical nature and ability to take charge, set objectives, and seek results
  • Excellent communication and collaborative skills to effectively interact with all levels of an organization
  • Positive demeanor with ability to adapt in a constantly evolving business landscape
  • Proven track record to work efficiently and deliver results in a timely manner
Responsibilities
  • Ensure accurate and timely accounting of royalty expense in the financial statements in accordance with US Generally Accepted Accounting Principles
  • Collaborate with other internal teams including, but not limited to BU/Product Management, Legal, Finance, and BU/Product Engineering to review, structure, and operationalize royalty expense arrangements
  • Leverage reporting from various data sources to substantiate the fee obligations and process royalty payouts to our technology partners
  • Provide valuable business insights to business and finance team members through reliable, complete, and accurate financial information to drive informed business decisions and expense forecasts
  • Prepare relevant management level summaries by analyzing trends and variances to identify key business drivers within each business segment
  • Identify process and systems related opportunities and assist with implementation of initiatives to drive automation, standardization, and operational efficiencies to reduce time to deliver while improving consistency and accuracy

Adobe provides a wide range of digital media and marketing solutions through its various platforms, including Creative Cloud, Marketing Cloud, and Document Cloud. These products allow users to create and manage content in areas such as photography, graphic design, video editing, and user interface design. Adobe's software operates on a subscription model, where users pay monthly or annually for access to its tools. This approach allows for continuous updates and improvements to the software. What sets Adobe apart from its competitors is its extensive suite of products that cater to both individual creatives and large enterprises, along with tailored solutions for educational institutions and businesses. The company's goal is to empower users to create and optimize content effectively across different media types.

Company Stage

IPO

Total Funding

$474.4M

Headquarters

San Jose, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Adobe's dominance in the digital experience market positions it as a leader, offering employees stability and growth opportunities.
  • The continuous development of innovative tools and features keeps Adobe at the forefront of technology, providing a dynamic work environment.
  • Adobe's strong brand reputation and global presence offer employees the chance to work on high-impact projects with a wide-reaching influence.

What critics are saying

  • The subscription model, while profitable, may face resistance from users preferring one-time purchases, potentially affecting customer retention.
  • Intense competition from emerging and established players in the digital experience market could pressure Adobe to continuously innovate, which may strain resources.

What makes Adobe unique

  • Adobe's comprehensive suite of tools across Creative Cloud, Experience Cloud, and Document Cloud provides an integrated ecosystem that few competitors can match.
  • The company's focus on subscription-based models ensures a steady revenue stream and allows for continuous updates and improvements, unlike traditional software sales.
  • Adobe's special pricing for students, teachers, and businesses, along with promotional discounts, broadens its market reach and accessibility.

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