Director of Royalty Accounting and Financial Transformation

7 days ago

New York, New York, United States Centric Brands Inc. Full time
About Us

Centric Brands Inc. is a leading lifestyle brand collective that designs, sources, markets and sells high-quality products in multiple segments, including womens, mens and kids apparel, accessories, entertainment and beauty.

We are focused on our customers and our brands that will drive the company's future growth. We thrive in an environment informed by creativity and thinking that is both analytical and outside the box.

Centric Brands reflects a team built on respect, for others and for the hard work it takes to achieve our goals and build our bright future together.

Salary and Benefits

The estimated annual salary range for this position is $132,000 - $165,000, along with a comprehensive benefits plan (medical, dental, vision) that includes a matching 401(k), Summer Fridays, generous PTO, merchandise discounts, excellent career development opportunities, and a work environment that reflects our industry leadership.

Job Description

This dynamic role involves overseeing royalty accounting, reporting, forecasting and administration for several key divisions of the company.

  • Provide support to the Senior Director of Royalty Accounting during month end close by reviewing journal entries, balance sheet reconciliations and trending of royalties by contract.
  • Identify and implement opportunities for efficiency and automation in the monthly close process.
  • Oversee audit requests pertaining to both licensor compliance audits and the annual financial statement audit.
  • Review quarterly royalty reports, verifying the accuracy of the statements and calculation of payments, while ensuring compliance with the related contract.
  • Review contract set up in Alliant, the company's royalty accounting software, for new and amended contracts to ensure that the system will provide accurate accruals, statements and payments, in accordance with the contract.
  • Evaluate reporting capabilities and opportunities in Alliant to leverage for providing business partners with insights and guidance on contractual performance.
  • Build relationships and partner with key stakeholders; provide decision support and manage/mitigate business risks.
  • Contribute to producing the Royalty Standard Operating Procedure (SOP), including documentation of key royalty accounting processes.
  • Directly supervise, provide feedback, coaching, and leadership to 3-5 team members.
  • Manage special projects and initiatives.
Required Skills and Qualifications

To succeed in this role, you will need:

  • Bachelor's degree in Accounting, Finance and/or Business Administration
  • 10-15 years of relevant work experience
  • 2+ years of public accounting experience and CPA strongly preferred but not required
  • Previous experience managing a team of direct reports required; including hiring, training, performance management
  • Proven experience with driving strategic transformation and process improvements required
  • Experience in reviewing and understanding contracts; knowledge of licensing industry and royalty accounting preferred
  • SAP experience preferred
  • Excellent analytical skills coupled with strong business acumen
  • Strong organizational skills; demonstrated ability to effectively manage multiple priorities and deadlines
  • Ability to effectively work with various levels within the organization, including senior leadership
  • Advanced Excel and data analytics
About Our Team

We value our people as our greatest asset and seek to structure competitive compensation offers to ensure that we can attract and retain the best talent.

Centric Brands is an Equal Opportunity Employer and believes in creating a diverse, inclusive and respectful workplace culture where everyone has equal access to opportunities for personal and professional growth.

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