Staff Accountant - Outbound Royalties

Full job description
As a Staff Accountant – Outbound Royalties, you will play a pivotal role in managing the royalty accounting processes for assigned brands. This role will assist in contract analysis, royalty reporting, reconciliations, and collaboration with internal and external stakeholders.

What You Will Do:

Review and interpret licensing agreements to ensure accurate royalty calculations and compliance with contract terms.
Prepare and maintain schedules for minimum guarantee payments, tracking obligations and ensuring timely execution.
Analyze and validate royalty reports submitted by licensees, ensuring accuracy and adherence to contractual terms.
Generate and distribute monthly royalty reports for internal stakeholders and licensees, providing clear and actionable insights.
Perform monthly reconciliations of royalty-related accounts, resolving discrepancies and ensuring financial accuracy.
Act as a key point of contact, communicating effectively with licensees and the internal licensing team to address inquiries, discrepancies, or updates.
Leverage Sage X3 accounting software to manage royalty data, process transactions, and generate financial reports.
Identify opportunities to streamline royalty accounting processes and enhance efficiency within the department.
Perform other duties as assigned
Manages People: No

What We Are Looking For:

Bachelor's degree in accounting, finance, or another related field or a commensurate mix of experience and education.
2+ years of experience in royalty accounting, contract analysis, or a similar financial role (experience in the toy, entertainment, or licensing industry is a plus)
CPA License a plus
Experience in ASC606 CP licensing revenue recognition is a plus
Excellent knowledge of accounting principles (GAAP, IFRS) and financial reporting.
Advanced Excel skills, including the ability to work with complex formulas, pivot tables, and large datasets.
Knowledge of licensing agreements and royalty structures is highly desirable.
Proficiency in Sage X3 accounting software is required.
Strong analytical skills with attention to detail and the ability to resolve accounting discrepancies.
Excellent verbal and written communication skills to effectively collaborate across departments and present financial data.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Strong understanding of revenue recognition principles ASC 606, and experience working with licensing agreements
Strong organizational skills with the ability to prioritize tasks and meet deadlines.
High level of integrity and professionalism.
Ability to work independently and as part of a team.
Multi-lingual is a plus
Working Conditions

Environment: Office
Extreme Exposures: None
Schedule: Typically requires regular office hours, however, may require calls with business counterparts outside of regular office hours
Physical Requirements:
Must be able to sit for long periods of time
Travel Required: None
This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee, but provides the primary duties and responsibilities of the role. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

What we offer:

The base salary may vary based on experience, role tenure, performance, industry, and location. Eligibility for the annual performance incentive may apply. Jazwares is a multi-state employer, so the salary range may not apply to other states.

Our benefits package includes basic medical insurance that is 100% company-paid for employees and their children, employee basic life and AD&D insurance, a 401(K) retirement program with Jazwares matching up to 4% of pretax or post-tax deferrals, short and long-term disability, and tuition reimbursement.

Our work environment provides a flexible work schedule that includes a Monday through Thursday on-site, with an optional WFH on Fridays, up to 20 workdays fully remote each year, and Time Off for vacation and sick leave. Through Jazwares Cares, you will have the opportunity to volunteer for up to 16 hours a year on community service projects.

Working at Jazwares

At Jazwares, we believe an innovative idea can come from anywhere and anyone. Through our three pillars, we foster innovation and encourage creativity in every area of our business.

Passion: Our conviction and enthusiasm show in our products, relationships, and commitment to our community.
Collaboration: We share one vision worldwide, constantly striving to improve and innovate together.
Humility: We recognize the value in others and treat everyone with respect. Our strength lies in our people and talent.
Don't miss out on this extraordinary opportunity to be part of the fastest-growing toy company in the industry. Connect with us today, and let's shape the future of play together!

JAZWARES is an equal opportunity employer and does not discriminate in employment on the basis of race, color, sex, religion, national or ethnic origin, citizenship status, ancestry, disability, age, military status, marital status, ****** orientation, or any other characteristic protected by law. Jazwares is committed to providing reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.

Who We Are

Jazwares, a Berkshire Hathaway company, is a leading global toy manufacturer with a robust portfolio of owned and licensed brands. Founded in 1997, Jazwares celebrates imaginative play with a progressive focus on identifying new and relevant trends to transform into high-quality products for consumers of all ages. Jazwares engages consumers through innovative play experiences with popular brands such as Squishmallows™, Pokémon™, Hello Kitty™, Star Wars™, Disney™, BumBumz™, and Adopt Me™. In addition to toys, offerings include virtual games, costumes, and pet products. Headquartered in Plantation, Florida, Jazwares has offices worldwide and sells its products in over 100 countries. For more information, visit www.jazwares.com and follow us on LinkedIn, X, Instagram, and Facebook

Equal Opportunity Employer
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