Accountant - Royalties - Indianapolis, United States - Lids

Description

About Us

Welcome to Lids Sports Group, the leading authorized sports merchandise retailer in North America. We specialize in offering a wide range of fan and fashion-focused headwear and apparel in the US, Canada, Mexico, Europe, and Australia. Headquartered in Indianapolis, IN, we operate over 1,200 stores nationally and 50 internationally, showcasing licensed products from top sports teams and renowned brands like Nike, New Era, Adidas, and Mitchell & Ness.

Our diverse portfolio includes specialty stores dedicated to the NBA, NHL, Paris Saint-Germain, and several MLB teams. Collaborating with iconic global names such as Marvel, Playboy, and the Harlem Globetrotters, along with having notable ambassadors like Justin Jefferson, Quavo, and Josephine Skriver, we have built a vibrant community that caters to sports enthusiasts and fashion aficionados alike.

With a vision to become the premier licensed brick-and-mortar sports retailer worldwide, Lids is on an exciting expansion journey.

Position Overview

As we grow, we are seeking a detail-oriented professional to manage royalty accounting processes for Lids Sports Group and its subsidiaries in collaboration with licensee entities. This role involves working closely with various internal teams and external partners to ensure accurate royalty reporting and financial forecasts. Join our dynamic department to kickstart your career in a rapidly evolving environment with ample opportunities for advancement.

Key Responsibilities

• Manage end-to-end royalty accounting procedures efficiently and precisely
• Ensure accuracy of royalty data in the ERP system
• Prepare royalty cash and expense forecasts
• Compile and submit monthly and quarterly royalty reports
• Handle royalty payment packages
• Perform royalty amortization calculations and accruals
• Monitor royalty agreements for compliance and timeliness

Additional Responsibilities

• Review contracts to verify calculation adherence
• Maintain contract data accurately
• Create regular management reports
• Resolve royalty discrepancies in collaboration with licensors
• Execute ad-hoc royalty-related tasks and reports

Required Qualifications

• Hold a Bachelor's Degree in Accounting, Finance, Business, or a related field
• Possess strong analytical and mathematical skills
• Ability to handle large datasets with precision
• Proficiency in Excel
• Excellent written and verbal communication abilities
• Effective time management and prioritization skills
• Demonstrate cultural sensitivity in communications
• Embrace a collaborative work approach

Preferred Qualifications

• Prior experience in accounting roles
• Familiarity with Microsoft D365 is a plus

Benefits and Culture

• Comprehensive benefits package from day one
• 401K plan with company matching
• Generous paid time off
• Eligibility for bonuses
• Employee discount of 40%
• Casual dress code
• Engaging company culture based on Leadership, Integrity, Dedication, & Service
• Opportunities for professional growth

Reports To

Accounting Manager