Accounting Manager, Payroll
1 week ago
Company Overview
Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.
About the Team
Fanatics 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 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.
What You'll Do:
- Provide accounting, processing, and analytical support for payroll accounting activities. Specific responsibilities may include, but are not limited to:
- Collection, tracking, analyzing, reporting and reconciliation of payroll accounting activity on a daily, weekly, and monthly basis.
- Prepare and record monthly the annual bonus accrual at the employee level for all Fanatics verticals.
- Manage month-end close process around payroll accounting including review and/or preparation of various journal entries, accruals, estimates, reclasses and financial statement analysis of assigned areas.
- Quarterly true-up of PTO accrual.
- Self-health accounting including monthly allocations to each vertical, balance sheet reconciliations and analysis outlining vendor payments, missing vendor payments and how the Per Member Per Month (PMPM) allocation is tracking against vendor disbursements.
- Review and/or prepare balance sheet account reconciliations and flux analysis for various accounts related to payroll. Timely resolution of discrepancies, working with various internal and external partners (ADP).
- Maintain/recommend a strong financial controls environment and compliance with GAAP & SOX processes.
- Understand how to work with multiple ERPs, Charts of Accounts, and Lines of Business.
- Supervise and develop staff. Assist in providing necessary training and sharing required knowledge for team to perform their duties adequately. Provide growth-mindset powered feedback and escalate any staffing concerns timely. Help build, lead, and empower a high-performance team.
- Partner with HR & HRIS team to develop/maintain policies surrounding properly approved employee data changes in the payroll system.
- Work directly with other internal departments to change or correct information immediately when identified.
- Provide necessary support for quarterly, interim and annual audit requests from our external auditors.
- Research and resolve questions from the business on labor costs and liabilities.
- Bachelor's degree in Accounting, Finance, or other related field preferred.
- 3 years of full cycle payroll accounting experience including tax and benefit calculations required. Must have comprehensive understanding of the end-to-end payroll process.
- 6 years of experience in accounting, with 3 years of supervisory experience required.
- Experience with all payroll functions, including classifications and department allocations, with ability to work with very large data files and heavy data manipulation.
- Ability to work in high production environment and respond quickly and effectively to changing priorities and tight timelines.
- Ability to work independently and within a team environment, and the ability to lead a team to make well-reasoned and timely decisions.
- Advanced MS Excel skills.
- Experience with Microsoft Dynamics 365, Oracle Fusion (ERP & HCM), Oracle EBS, Alteryx a+, and/or UltiPro/UKG a plus.
- High degree of accuracy, attention to detail, integrity, work ethic, willingness to learn and a positive attitude.
- Strong written and oral communication skills, as well as strong customer service skills.
- Solid foundation in GAAP and SOX regulations and how it impacts work processes.
- CPA designation a major plus.
- Internally motivated to seek out answers, generate ideas, and develop new skills.
In New York, the salary range for this position is $120,000 to $162,000, which represents base pay only and does not include short-term or long-term incentive compensation. When determining base pay, as part of a final compensation package, we consider several factors such as location, experience, qualifications, and training.
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