Fanatics
Fanatics Collectibles Senior Accountant
Fanatics is expanding into the booming trading cards and collectibles business with a new model and vision for the hobby that will fundamentally change the experience for current and future collectors, leagues, and players across many sports. With trading cards and collectibles being a significant pillar of Fanatics' long-term plans to become the leading global digital sports platform, Fanatics Collectibles, a subsidiary of Fanatics, was launched in 2021 after securing long-term, exclusive rights to design, manufacture and distribute trading cards for several sports properties, including MLB, MLBPA, NBA, NBPA and NFLPA. Fanatics is the majority owner of Fanatics Collectibles, with leagues, players associations and investors owning the rest. In January 2022, Fanatics Collectibles announced the acquisition of Topps, the preeminent licensed trading card brand that has serviced collectors, fans, and retailers for more than 70 years. The deal, which included both the Topps physical and digital divisions, established the iconic trading cards company as the cornerstone of Fanatics' trading cards and collectibles business and jumpstarted its MLB and MLBPA rights to design, manufacture and distribute trading cards, which begin in 2022 versus the original joint start date of 2026. The Opportunity
Fanatics is searching for a senior accountant that will be part of its Collectibles Royalty Accounting 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, ensure compliance with Licensor Agreements with royalty and revenue share obligations. The individual will work cross-departmentally and collaboratively with others on the team. Job Functions
Performs complex month-end close process including preparation of royalty accruals, estimates and prepaid royalty entries Prepare and review licensee partners royalty reporting 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 Monitor and manage minimum guarantees, excess royalty payments, and identify/report royalty shortfalls, providing strategic insights and recommendations to management Act as a key liaison for quarterly and annual external audits, managing the preparation of audit schedules and responding to audit inquiries with minimal oversight Prepare and review balance sheet reconciliations for prepaid and accrued royalties Maintain/recommend a strong financial controls environment and compliance with SOX processes 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 Professional Experience/Qualifications
The ideal candidate will possess the following credentials: Bachelor (or higher) degree in accounting required 4+ years of accounting experience, preferably with royalty accounting exposure (music, consumer products, publishing, etc.) Strong understanding of US GAAP and internal controls, with experience and proficiency in researching technical accounting issues Experience handling annual audits and working with internal and external audit functions Desire to develop and continuously improve processes Ability to handle multiple tasks and stringent deadlines within a fast-paced environment is a must Ability to organize and prioritize tasks Must have strong analytical skills and strong attention to detail Must have excellent communication skills
verbal and written Ability to effectively work with multiple departments Internally motivated to seek out answers, generate ideas, and develop new skills Must be proficient in Microsoft Excel, and experience with ERPs (Oracle) is preferred Equal Employment Opportunity
Fanatics, Inc. is an equal opportunity employer and, as a corporate practice, does not discriminate against any employee or applicant on the basis of race, creed, color, age, sex, sexual orientation, disability, veteran status, national origin, or any other characteristic protected by applicable law.
Fanatics is expanding into the booming trading cards and collectibles business with a new model and vision for the hobby that will fundamentally change the experience for current and future collectors, leagues, and players across many sports. With trading cards and collectibles being a significant pillar of Fanatics' long-term plans to become the leading global digital sports platform, Fanatics Collectibles, a subsidiary of Fanatics, was launched in 2021 after securing long-term, exclusive rights to design, manufacture and distribute trading cards for several sports properties, including MLB, MLBPA, NBA, NBPA and NFLPA. Fanatics is the majority owner of Fanatics Collectibles, with leagues, players associations and investors owning the rest. In January 2022, Fanatics Collectibles announced the acquisition of Topps, the preeminent licensed trading card brand that has serviced collectors, fans, and retailers for more than 70 years. The deal, which included both the Topps physical and digital divisions, established the iconic trading cards company as the cornerstone of Fanatics' trading cards and collectibles business and jumpstarted its MLB and MLBPA rights to design, manufacture and distribute trading cards, which begin in 2022 versus the original joint start date of 2026. The Opportunity
Fanatics is searching for a senior accountant that will be part of its Collectibles Royalty Accounting 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, ensure compliance with Licensor Agreements with royalty and revenue share obligations. The individual will work cross-departmentally and collaboratively with others on the team. Job Functions
Performs complex month-end close process including preparation of royalty accruals, estimates and prepaid royalty entries Prepare and review licensee partners royalty reporting 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 Monitor and manage minimum guarantees, excess royalty payments, and identify/report royalty shortfalls, providing strategic insights and recommendations to management Act as a key liaison for quarterly and annual external audits, managing the preparation of audit schedules and responding to audit inquiries with minimal oversight Prepare and review balance sheet reconciliations for prepaid and accrued royalties Maintain/recommend a strong financial controls environment and compliance with SOX processes 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 Professional Experience/Qualifications
The ideal candidate will possess the following credentials: Bachelor (or higher) degree in accounting required 4+ years of accounting experience, preferably with royalty accounting exposure (music, consumer products, publishing, etc.) Strong understanding of US GAAP and internal controls, with experience and proficiency in researching technical accounting issues Experience handling annual audits and working with internal and external audit functions Desire to develop and continuously improve processes Ability to handle multiple tasks and stringent deadlines within a fast-paced environment is a must Ability to organize and prioritize tasks Must have strong analytical skills and strong attention to detail Must have excellent communication skills
verbal and written Ability to effectively work with multiple departments Internally motivated to seek out answers, generate ideas, and develop new skills Must be proficient in Microsoft Excel, and experience with ERPs (Oracle) is preferred Equal Employment Opportunity
Fanatics, Inc. is an equal opportunity employer and, as a corporate practice, does not discriminate against any employee or applicant on the basis of race, creed, color, age, sex, sexual orientation, disability, veteran status, national origin, or any other characteristic protected by applicable law.