Revenue Accounting Manager
Job Description
Who We Are
Authentic is a brand development, marketing and entertainment company, which owns a portfolio of global media, entertainment and fashion lifestyle brands. Authentic elevates and builds the long-term value of more than 40 consumer brands and properties by partnering with best-in-class manufacturers, wholesalers and retailers. We are committed to transforming brands by delivering compelling product, content, business and immersive experiences. We create and activate original marketing strategies to drive the success of our brands across all consumer touchpoints, platforms and emerging media.
Why Authentic
The mission of Authentic is to evolve, transform and reimagine global brands through innovative business models, powerful storytelling, compelling content, and immersive experiences. Working at Authentic isn't like working at other companies. Let's chat if you're creative and hungry to drive ideas into action. We work with some of the brightest minds in retail, marketing, licensing, legal and more. Join us in working toward our mission. #WeareAuthentic
What You’ll Do
The Revenue Accounting Manager analyzes and monitors royalty revenues, revenue reporting, and royalty compliance for a portfolio of global licensing partners.
What you’ll be working on:
- 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.
Must Haves:
- 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
Primary Location Salary Range:
$100,000 - $120,000
Authentic is an equal-opportunity employer and we value and embrace the diversity and inclusion of all Team Members. We do not discriminate on the basis of gender, gender identity, sexual orientation, race, national origin, disability, age, marital status, protected veteran status, or other legally protected status.
For individuals with disabilities or religious obligations who would like to request an accommodation, please contact [email protected]
To access Authentic' s Privacy Policy, which contains information regarding data collected from job applicants and how we use it, please click here:
https://www.authentic.com/privacy-policy
Date Posted
03/09/2023
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