Authentic Brands Group - New York, NY

posted about 2 months ago

Full-time - Senior
New York, NY
Administrative and Support Services

About the position

The Vice President of Revenue Accounting & Compliance at Authentic Brands Group is a leadership role responsible for overseeing the company's royalty revenue portfolio. This position involves managing accounting, reporting, and compliance for global licensing partners, while also driving process optimization and collaboration across the business. The role requires ensuring accurate financial reporting in accordance with US GAAP and leading a team to enhance operational efficiency.

Responsibilities

  • Provide leadership and direction for all activities within revenue accounting and compliance.
  • Oversee the royalty contract review process and ensure adherence to US GAAP for revenue recognition.
  • Manage weekly, monthly, and quarterly royalty revenue reporting to management and operations teams.
  • Analyze and oversee reconciliation of quarterly reports from licensees, ensuring timely and accurate information.
  • Lead the recognition and reconciliation of deferred revenue and unbilled royalties.
  • Prepare and present analyses comparing actual royalty revenues to budget, investigating variances and trends.
  • Oversee licensee reporting and compliance, addressing operational and contractual opportunities.
  • Maintain communication with brand development, legal departments, and licensees regarding operations and reporting.
  • Provide financial advice by studying operational issues and developing recommendations for policy improvements.
  • Identify optimization opportunities and work with stakeholders to enhance processes.
  • Standardize licensee onboarding processes and develop best practices for business development and operations teams.
  • Support internal and external audit requirements.
  • Recruit and develop talent for the Revenue and Compliance team, including training and performance management.
  • Plan, organize, lead, and control group activities, including projects and personnel management.
  • Foster an environment of optimization and continuous improvement.

Requirements

  • Bachelor's Degree in Accounting or Finance.
  • CPA and public accounting experience preferred.
  • Minimum 15 years of overall experience in revenue and accounting-related positions.
  • Minimum 5 years of management experience preferred.
  • Effective leadership and influencing skills across all levels of seniority.
  • Proven experience in process improvement and driving optimization.
  • Working experience in large ERP solutions, preferably NetSuite.
  • Highly proficient in MS Office, especially Excel.
  • Strong problem-solving skills and ability to identify opportunities quickly.
  • Excellent written and verbal communication skills.
  • Strong organizational abilities and coordination skills across the organization.
  • Strong data analytical skills and attention to detail.
  • Highly proactive with the ability to work with limited supervision.
  • Ability to prepare accurate and concise reports.
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