Authentic Brands Group - New York, NY
posted 3 months ago
The Vice President of Revenue Accounting & Compliance at Authentic is a pivotal leadership role that reports directly to the Senior Vice President of Finance Operations. This position is designed for a dynamic leader who will oversee and manage the company's royalty revenue portfolio, ensuring compliance with accounting standards and optimizing revenue operations. The role involves a comprehensive approach to managing the accounting, reporting, and compliance aspects of a diverse portfolio of global licensing partners. The Vice President will be instrumental in driving process simplification and optimization, providing operational decision-making support to leadership, and fostering collaboration across various business units. In this role, you will be responsible for ensuring that the accounting team delivers accurate and timely financial reporting, adhering to US GAAP standards. You will lead the oversight of the royalty contract review process, manage the reporting of royalty revenues on a weekly, monthly, and quarterly basis, and analyze reconciliation reports from licensees. Your leadership will extend to overseeing the recognition and reconciliation of deferred revenue and unbilled royalties, preparing analyses that compare actual revenues to budgeted figures, and investigating any variances. Additionally, you will maintain strong communication with the brand development team, legal department, and licensees to ensure compliance and operational efficiency. Your proactive approach will help identify optimization opportunities within the revenue operations process, and you will be responsible for developing best practices that align with company requirements. This role also includes talent recruitment and development strategies for the Revenue and Compliance team, ensuring that the team is well-equipped to meet the demands of the business. You will foster a culture of continuous improvement, encouraging team members to leave processes better than they found them, and develop strong relationships with business leaders across the organization.