Staff Accountant (Royalties)

Centric Brands is a leading lifestyle brand collective that designs, sources, markets and sells high quality products in multiple segments, including women’s, men’s and kid’s apparel, accessories, entertainment and beauty. Centric Brands is focused on our customers and our brands that will drive the company’s 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.

Job Summary

The Royalty Staff Accountant is responsible for managing the end-to-end financial processes related to royalty contracts. This includes contract setup, accounting, reporting, and compliance to ensure timely and accurate royalty payments and financial reporting.

Key Responsibilities

• Manage all elements of assigned contracts from inception, including programming license terms, recording monthly accruals, and processing payments to licensors.
• Review new contracts and amendments to extract key financial terms; input and maintain accurate records in the royalty accounting software.
• Maintain and update a quarterly contract position schedule, highlighting financial status and potential risks per contract.
• Prepare and review monthly balance sheet reconciliations, analyzing variances and escalating significant discrepancies.
• Generate quarterly royalty statements. Ensure accuracy and alignment with contractual obligations.
• Collaborate with business units and the royalty team to fulfill audit-related data requests.
• Track and report YTD Advertising spending requirements, utilization, and variances to manager and buisness units.
• Provide regular reporting on contract performance and earnings by business unit to relevant stakeholders.

• 3-5 years accounting experience with Bachelor of Accounting degree.
• Familiarity with month end close and journal entry process.
• Knowledge of GAAP and accrual-based accounting.
• Detail oriented.
• Strong computer and Advanced Excel skills.
• Ability to create ad hoc reports and analysis.
• Work well in a fast-paced environment.

In 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.

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 Employer

Please 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.

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