Centric Brands Inc.
Director, Royalty Accounting
Centric Brands Inc., New York, New York, us, 10261
About Us:
Centric Brands 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. Centric Brands is focused on our customers and our brands that will drive the companys future growth. We are defined by innovation as we seize new opportunities and 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.Specific Responsibilities Would Include:Position Description:Centric Brands is looking for a dynamic, creative and resourceful individual to join the team as Director of Royalty Accounting. This person must be a self-starter and team player who takes initiative, thrives in a fast-paced environment, and is excited about joining a team on a journey to drive transformation and business partnership throughout the Company.Roles and Responsibilities:Responsible for 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 Companys 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 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.Our Best Fit Candidate Would Have:
Bachelor's degree in Accounting, Finance and / or Business Administration10-15 years of relevant work experience2+ 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. Management experience with direct reports in a different location strongly preferred.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 analyticsIn return, we provide an industry-competitive salary, 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. Our social impact program, Centric Cares, focuses on volunteerism to make a difference in communities we live and work in and our D&I committee is shaping the future of diversity, equity and inclusion at Centric Brands though workshops, resources and inspiring conversation.Salary Range: $132,000 - $165,000At Centric Brands, we believe our people are our greatest asset, and we seek to structure competitive compensation offers to ensure that we are able to attract and retain the best talent. Our job postings include an annual base salary range at the time of employment. The stated base salary range represents our good faith estimate as to what candidates are likely to expect, and we tailor our offers within the range based on several factors, including the selected candidate's educational and professional experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the selection process. Base salary is a part of a total compensation package, which, depending on the position, may also include commission earnings, annual bonus and other Centric Brands sponsored benefit programs.Be part of our growing community by getting involved with groups, teams and initiatives like Be Green, Be Giving, and Be Celebrated.Centric Brands is an Equal Opportunity EmployerPlease note that Centric Brands will only reach out to interview, make an offer of employment or conduct onboarding activities for candidates who have applied through our careers site. When interviewing for a position, the candidate experience will include live interaction, such as a video conference or telephone call, with a Recruiter and/or company employee(s). We will never ask for any money or payments from applicants at any point in the recruitment process. Be aware of suspicious recruitment activity. If you think you are a victim of an employment scam, you may contact your local law enforcement agency and/or visit the Federal Trade Commission website here: https://consumer.ftc.gov/articles/job-scams.#LI-Hybrid#LI-KG1
Centric Brands 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. Centric Brands is focused on our customers and our brands that will drive the companys future growth. We are defined by innovation as we seize new opportunities and 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.Specific Responsibilities Would Include:Position Description:Centric Brands is looking for a dynamic, creative and resourceful individual to join the team as Director of Royalty Accounting. This person must be a self-starter and team player who takes initiative, thrives in a fast-paced environment, and is excited about joining a team on a journey to drive transformation and business partnership throughout the Company.Roles and Responsibilities:Responsible for 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 Companys 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 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.Our Best Fit Candidate Would Have:
Bachelor's degree in Accounting, Finance and / or Business Administration10-15 years of relevant work experience2+ 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. Management experience with direct reports in a different location strongly preferred.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 analyticsIn return, we provide an industry-competitive salary, 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. Our social impact program, Centric Cares, focuses on volunteerism to make a difference in communities we live and work in and our D&I committee is shaping the future of diversity, equity and inclusion at Centric Brands though workshops, resources and inspiring conversation.Salary Range: $132,000 - $165,000At Centric Brands, we believe our people are our greatest asset, and we seek to structure competitive compensation offers to ensure that we are able to attract and retain the best talent. Our job postings include an annual base salary range at the time of employment. The stated base salary range represents our good faith estimate as to what candidates are likely to expect, and we tailor our offers within the range based on several factors, including the selected candidate's educational and professional experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the selection process. Base salary is a part of a total compensation package, which, depending on the position, may also include commission earnings, annual bonus and other Centric Brands sponsored benefit programs.Be part of our growing community by getting involved with groups, teams and initiatives like Be Green, Be Giving, and Be Celebrated.Centric Brands is an Equal Opportunity EmployerPlease note that Centric Brands will only reach out to interview, make an offer of employment or conduct onboarding activities for candidates who have applied through our careers site. When interviewing for a position, the candidate experience will include live interaction, such as a video conference or telephone call, with a Recruiter and/or company employee(s). We will never ask for any money or payments from applicants at any point in the recruitment process. Be aware of suspicious recruitment activity. If you think you are a victim of an employment scam, you may contact your local law enforcement agency and/or visit the Federal Trade Commission website here: https://consumer.ftc.gov/articles/job-scams.#LI-Hybrid#LI-KG1