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Senior Manager Accounting, Royalty

3 months ago

Jacksonville, United States Fanatics Full time
Job Description

Company Overview

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.
FHI employees are expected to be on-site 4-days per week. We also offer the unique benefit of allowing employees to temporarily work remotely up to 20 days per year based on business levels.

What You'll Do:
  • Manage royalty revenue accounting (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 revenue share obligations with its clients.
  • Supervise Royalty Staff Accountant and oversee the process of reviewing and analyzing licensees' royalty reporting for completeness, accuracy, and compliance with license agreement requirements as well as appropriate application of the related cash receipts & the accounting for the business' expenses.
  • Thoroughly understand license agreements and monitor to ensure contractual obligations are met throughout all business interactions across assigned licensees
  • Oversee the process of tracking licensee guarantee and overage payments, managing past due invoices, and communicating with licensees owing royalties
  • Manage day-to-day professional working relationships with a wide range of licensees across multiple product categories, & communicate client/corporate initiatives and strategies as needed provider
  • Create and evaluate quarterly and annual royalty revenue reports for clients and provide trend analysis
  • Interface with clients and colleagues on revenue forecasts and monthly/quarterly closing
  • Help train and manage licensees through the reporting process in a fast-paced, high volume environment and share administrative best practices with licensees
  • Analyze proposed licensing deals to help support recommendations to clients
  • Manage licensee audit program
  • Monitor and make recommendations to improve business processes and efficiencies across the organization
  • Other Corporate Accounting support as needed
  • Customer Service / Collaboration:
    • Responsible for ensuring a positive customer experience through all interactions with licensees and clients, delivering a personalized approach to working with a diverse licensee base
    • 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
What We're Looking For:
  • Bachelor's degree in accounting or finance required
  • 4-7 years of accounting experience, preferably with royalty accounting exposure (music, consumer products, publishing, etc.), with at least 3 years spent directly managing others
  • Exceptional attention to detail and proficiency in interpreting contracts
  • A motivated self-starter with ability to excel at multi-tasking and staying organized
  • A leader capable of using professional judgment to manage the team's priorities and workload and effectively communicate up to corporate accounting group, business management team, etc.
  • Exceptional attention to detail and strong analytical skills
  • Proficient in Microsoft Office Suite, including Excel (Pivot Tables, VLookups, & other formulae)
  • Proficiency with analytical tools such DOMO, Tableau, Power BI, MicroStrategy, etc. preferred
  • Is ethical and has strong business acumen and savvy, good common sense and sound judgment
  • Is self-confident, can instill confidence in, and effectively deal with, business counterparts inside and outside the company