Senior Royalty & Contract Compliance Administrator

Posted 19 Days Ago
Be an Early Applicant
New York, NY
65K-75K Annually
3-5 Years Experience
Agency • Digital Media • Fashion • Social Media
The Role
Administer the royalty system, ensure contract and financial information accuracy, address reporting issues, and assist with licensee compliance. Manage input of new license agreements, review existing agreements, update historical data, monitor licensees, assist with integration and troubleshooting, liaise with service provider, implement reporting functions, and monitor compliance. Requires Bachelor's degree, finance/business background, contract understanding, and 4 years of administrative or accounting experience.
Summary Generated by Built In

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 Royalty Administration & Contract Compliance Administrator will be part of the Finance Team. Main responsibilities include: administering the royalty system, ensuring contract and financial information are complete and accurate, addressing reporting issues, training and coordinating with licensees on the use of royalty reporting function and assisting in licensee compliance.

  • Manage the input process all new license agreements into the royalty system (Royalty Zone) – contract details, financial information, product information and publishing
  • Review existing agreements currently in Royalty Zone against the most recent contract on file – to ensure legacy data in Royalty Zone is complete and accurate
  • Assist in updating historical royalty/sales data to ensure all licensee information is current and accurate
  • Maintain and monitor Royalty Zone with all active and inactive licensees
  • Coordinate with the operations team relating the review of contract information, product approvals and other operational matters.
  • Assist with integration of licensees to Royalty Zone (existing and new licensees)
  • Assist licensees with any Royalty Zone troubleshooting related to but limited to both product and financial report uploads
  • Liaison between Royalty Zone Service Provider and Authentic Brands Group for any outstanding issues
  • Assist in implementing the reporting functions of Royalty Zone, review reports generated and assist preparing data for GL upload or management reporting
  • Assist in monitoring licensee compliance such submission of royalty reports and other requirements

  • Bachelor’s degree with a finance/business background
  • Ability to read and understand contracts and agreements
  • With at least 4 years of experience in administrative or accounting role
  • Proficiency in Microsoft Excel and Microsoft Word
  • Knowledge of Royalty Zone or other royalty systems, preferred but not required
  • Ability to learn new systems and take the lead in system monitoring
  • Must possess the following traits:
    • Confident and must possess strong communication skills - ability to coordinate with personnel across the organization
    • Ability to manage multiple tasks
    • Detail and deadline oriented
    • Ability to prepare reports in an accurate and concise manner
    • Organized and possess good time management skills

$65,000 - $75,000

Top Skills

Excel
Microsoft Word
The Company
New York, NY
300 Employees
Year Founded: 2011

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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