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Staff Accountant - Royalty

Company: Centric Brands
Location: Greensboro
Posted on: February 14, 2020

Job Description:

Specific ResponsibilitiesResponsibilities--FRONT END PROCESS

  • Contract review will review royalty bearing issues with manager/legal team
  • Generate the contract data abstract for each new contract and amendments
  • Update and maintain a master contract list in SAP and Royalty Management Software
  • Maintain and update the master royalty advance schedule and contract position schedule
  • Work to ensure that the business units are requesting royalty codes in a timely manner and that the proper codes are being used.---- Review with the business units variances--
  • Updating and maintaining royalty codes in SAP
  • Responsible for all elements of assigned contracts from accruals to qtr. end reporting
  • Assist in maintaining daily processes in royalty systemAUDITS
    • Working with the business units and the royalty team in gathering and completing the information requested by the auditors.--BACK END PROCESS
      • Roll up--the month end balance sheet analysis for Accrued Royalties, Prepaid Royalties and the Royalty Reserve--for all of the business units assigned
      • Check all Quarterly statements for accuracy
      • Report to--manager and the business units the earned positions of each contract for each business unit.----
      • Compare and report the Co-Op spending--requirements by contract to the actual dollars spent and report the YTD spending variances to--manager and the business units
      • Track and report the dilution/deduction caps by contract to the actual dollars spent and report the variances to--manager and the business unitsSkills and RequirementsSkills and Qualifications--
        • 5-10 years practical accounting experience with Bachelor of Accounting degree
        • Familiarity with month end close and journal entry process
        • Working knowledge of GAAP / accrual accounting
        • Detail oriented
        • Strong computer and Advanced Excel skills
        • Ability to create ad hoc reports and analysis
        • Work well in a fast-paced environmentCentric Brands is an Equal Opportunity Employer.--#LI-POST#GD-CIND-C

Keywords: Centric Brands, Greensboro , Staff Accountant - Royalty, Accounting, Auditing , Greensboro, North Carolina

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