Staff Accountant

THE OPPORTUNITY

Fanatics is searching for a Staff Accountant that will be part of its Collectibles Royalty and Revenue Share Team. This role will include preparing royalty and revenue share calculation accrual entries, royalty reports and royalty payments. They will communicate with license partners as well as other internal and external parties, ensuring compliance with Licensor Agreements with royalty and revenue share obligations. This individual will work cross-departmentally and collaboratively with others on the team.

Core Responsibilities:

• Performs month-end close process including preparation of royalty accruals, estimates and prepaid royalty entries.
• Prepare licensee partners royalty reporting, reviewing for completeness, accuracy, and compliance with license agreement requirements
• Thoroughly understand license agreements and monitor to ensure financial contractual obligations are met throughout all business interactions across assigned licensees
• Track licensee guarantees, excess royalty payments, and determine royalty shortfall amounts, if applicable
• Assist with quarterly and annual audit requests from external auditors
• Prepare balance sheet reconciliations for Prepaid and Accrued Royalties
• Maintain/recommend a strong financial controls environment and compliance with SOX processes
• 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

Customer Service / Collaboration:

• 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
• Formalize task documentation and standardize procedures across the department to facilitate cross-training across the team.
• Identify opportunities to streamline royalty accounting and reporting processes.

Required Skills and Abilities:

• Bachelor's degree in accounting or finance required
• 1 – 3 years of accounting experience, preferably with royalty accounting exposure (music, consumer products, publishing, etc.)
• Experience in a large scale ERP system, Oracle and D365 is a plus
• Exceptional attention to detail
• Strong written and oral communication skills
• A self-starter with ability to excel at multi-tasking and staying organized
• Proficient in Microsoft Office Suite, including Excel (Pivot Tables, VLookups, & other formulas)

Ensure your Fanatics job offer is legitimate and don't fall victim to fraud. Fanatics never seeks payment from job applicants. Feel free to ask your recruiter for a phone call or other type of communication for interview, and ensure your communication is coming from a Fanatics email address.

Fanatics Collectibles is a leading licensor, producer, designer, and seller of physical and digital trading cards, sports memorabilia, and other digital assets for entertainment and sports properties globally, as well as a manufacturer of physical and digital trading cards. It has secured exclusive licensing arrangements with major national professional sports leagues, including the MLB, NFL and the NBA, and related players associations, to produce physical and digital trading cards and other collectibles.

Fanatics Collectibles also has partnerships with a number of individual international sports teams and leagues, as well as owners of other entertainment properties granting similar exclusive rights. Fanatics Collectibles recently announced Fanatics Live, expected to launch later in 2023, which will focus on transforming the digital shopping experience through personality-driven content and entertainment.