- Fanatics Commerce, a vertically integrated licensed merchandise business that has changed the way fans purchase their favorite team apparel, jerseys, headwear and hard goods through a tech-infused approach to making and quickly distributing fan gear in today's 24/7 mobile-first economy.
- Fanatics Collectibles, a transformative company that is building a new model for the hobby and giving collectors an end-to-end physical and digital collectible experience;
- Fanatics Betting & Gaming, a mobile betting, gaming, and retail sportsbook platform.
- Prepare royalty expense accruals based on revenue (accurate calculation and classification on Income Statement, reconciliation of related Assets and Liabilities on the Balance Sheet, etc.) and ensure that the company meets its contractual obligations with its Licensing Partners.
- Analyze licensees' royalty reporting for completeness, accuracy, and compliance with license agreement requirements as well as appropriate application of the related cash receipts.
- Collecting, tracking, analyzing, reporting and reconciliation of accounting activity on a daily, weekly and monthly basis
- Day-to-day professional working interactions with a wide range of license partners across multiple product categories, & communicate client/corporate initiatives and strategies as needed provider
- Interface with clients and colleagues on revenue forecasts and monthly/quarterly closing
- Assist licensee audit programs
- Monitor and make recommendations to improve business processes and efficiencies across the organization
- Other Corporate Accounting support as needed
- Able to research and respond promptly to all licensee and colleague inquiries and requests with accuracy and professionalism
- Positively impact the speed and ease for licensees to conduct business with the company
- Ability to effectively communicate with clients, licensees, and colleagues, including complex royalty accounting issues, errors, or opportunities for improvement
- Formalize task documentation and standardize procedures across the department to facilitate cross-training across the team.
- Bachelor's degree in accounting or finance required
- 2 - 3 years of accounting experience, preferably with royalty accounting exposure (music, consumer products, publishing, etc.)
- Experience in a large scale ERP system, Oracle and D365 is a plus
- Exceptional attention to detail and proficiency in interpreting contracts
- A motivated self-starter with ability to excel at multi-tasking and staying organized
- Proficient in Microsoft Office Suite, including Excel (Pivot Tables, VLookups, & other formulas)
- Is self-confident, can instill confidence in, and effectively deal with, business counterparts inside and outside the company
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Senior Accountant - Coppell, United States - Fanatics
Description
Job DescriptionFanatics is the ultimate one-stop sports fan destination that ignites and harnesses the passion of fans and maximizes the presence and reach for preeminent sports partners globally. The Fanatics family of companies, supported by our Fanatics Accounting Shared Services function, currently includes:
Fanatics is searching for an accounting supervisor that will be apart of its Fanatics Shared Service Royalty and Revenue Share Team. This role will include assisting with the royalty and revenue share calculation and Royalty Reporting process. This team member will review the receipt and accuracy of royalty reports and payments specific to the terms of license agreements. They will communicate with license partners as well as other internal and external parties, ensure compliance with royalty and revenue share obligations with the company's Licensing partners. , They will assist on other accounting & financial analysis functions related to the business. The individual will work cross-departmentally and collaboratively with others on the team. They will be joining during a period of significant transformation and will have an opportunity to build an outstanding team and processes.
Core Responsibilities: