Authentic is a global brand development, marketing and entertainment platform. Authentic elevates and builds the long-term value of more than 50 consumer brands and properties by partnering with best-in-class manufacturers, wholesalers and retailers. We are a Lifestyle and Entertainment platform comprising value-driving business models and global brands. Authentic creates sustainable revenue streams through brand development, strategic partnerships and digital innovation.
You’ll be able to access the resources and scale, while leveraging innovative technology and nimble environment. What we’re saying is, this isn’t your average day job. If you’re hungry to drive ideas into action and own your career, let’s chat. Our team is rapidly innovating to evolve and define the future of our brands. With the help of some of the brightest minds in retail, marketing, licensing, legal and more, we are building the intersection of digital and experiential marketing to help achieve that mission. We reimagine, evolve and transform brands! At Authentic, we foster an inclusive workplace where diversity of thought and expertise drive competitive advantage. Our global teams are built by go-getters who contribute unique perspectives and push the boundaries of creativity and innovation. Headquartered in New York City, Authentic has offices in major metropolitan cities including Los Angeles and Miami, as well as Toronto, Mexico City, London, and Shanghai.
The Senior Accountant, Revenue & Compliance analyzes and monitors royalty revenues, revenue reporting, and royalty compliance for a portfolio of global licensing partners.
:
- Review royalty contracts and determine appropriate revenue recognition methodology
- Analyze and summarize monthly and quarterly royalty revenues based on contract terms, the relevant revenue recognition methodology and the current status of license
- Perform review and analysis to ensure completeness and accuracy of royalty revenues
- Analyze and reconcile quarterly reports received from licensees to determine any additional revenues to be billed
- Monitor and analyze accounts related to royalties such as deferred revenue and unbilled royalties
- Maintain adequate accounting records and analyses that supports financial decision-making
- Prepare an analysis of actual royalty revenues to budget, investigate variances and analyze trends
- Prepare monthly and quarterly royalty revenue reports
- Prepare other external reports, as necessary
- Monitor licensee reporting and compliance to determine any operational issues or any potential breach of contract and coordinate with Royalty Zone team on resolution
- Maintain communication with brand managers, legal department and licensees with respect to licensee operations and reporting
- Provide financial advice by studying operational issues; apply financial principles and practices; and developing recommendations to improve policies and procedures
- Graduate of an accounting degree
- CPA and public accounting experience a plus
- Experience with royalty/license revenue accounting preferred
- Proficiency in Microsoft Excel and Microsoft Word
- Proficiency in NetSuite preferred
- Ability to learn new software and identify and assist in the implementation of process improvements in the accounting processes and system
- Ability to perform root/cause analysis and propose solutions
- Must possess the following traits:
- Detail and deadline oriented
- Excellent analytic skills, ability to identify variances or unusual trends that will require further investigation
- Good written and oral communication skills, ability to coordinate with personnel across the organization
- Organized and possess good time management skills
- Proactive and ability to work with limited supervision
- Ability to prepare reports in an accurate and concise manner
$90,000 - $100,000
What We Do
Authentic Brands Group (ABG) is a brand development, marketing and entertainment company, which owns a portfolio of global media, entertainment and lifestyle brands. Headquartered in New York City, ABG elevates and builds the long-term value of more than 50 consumer brands and properties.
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