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CTI — Coppell, Texas
About Us Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform.
Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.
About The Team
Fanatics is expanding into the booming trading cards and collectibles business with a new model and vision for the hobby that will fundamentally change the experience for current and future collectors, leagues, and players across many sports. With trading cards and collectibles being a significant pillar of Fanatics’ long-term plans to become the leading global digital sports platform, Fanatics Collectibles, a subsidiary of Fanatics, was launched in 2021 after securing long-term, exclusive rights to design, manufacture and distribute trading cards for several sports properties, including MLB, MLBPA, NBA, NBPA and NFLPA. Fanatics is the majority owner of Fanatics Collectibles, with leagues, players associations and investors owning the rest.
In January 2022, Fanatics Collectibles announced the acquisition of Topps, the preeminent licensed trading card brand that has serviced collectors, fans, and retailers for more than 70 years. The deal, which included both the Topps physical and digital divisions, established the iconic trading cards company as the cornerstone of Fanatics’ trading cards and collectibles business and jumpstarted its MLB and MLBPA rights to design, manufacture and distribute trading cards, which begin in 2022 versus the original joint start date of 2026. Fanatics Collectibles is searching for a staff accountant to join our Collectibles Royalty and Revenue Share Team.
This role will include preparing royalty and revenue share calculation accrual entries, royalty reports and royalty payments. They will communicate with license partners as well as other internal and external parties, ensure compliance with Licensor Agreements with royalty and revenue share obligations. The individual will work cross-departmentally and collaboratively with others on the team.
What you will be doing... Performing month-end close process including preparation of royalty accruals, estimates and prepaid royalty entries.
Requirements
Thoroughly understand license agreements and monitor to ensure financial contractual obligations are met throughout all business interactions across assigned licensees Track licensee guarantees, excess royalty payments, and determine royalty shortfall amounts, if applicable Assist with quarterly and annual audit requests from external auditors Prepare balance sheet reconciliations for Prepaid and Accrued Royalties Maintain/recommend a strong financial controls environment and compliance with SOX processes Able to research and respond promptly to all license partner inquiries and requests with accuracy and professionalism Positively impact the speed and ease for licensees to conduct business