Senior Auditor, Royalty Audit
$90k - $100k USD
Who We Are
Authentic Brands Group (Authentic) is a leading sports, media, entertainment and lifestyle platform. As the owner of some of the most iconic and beloved intellectual property in the world, Authentic acquires and invests in brands to create long-term value for all of its stakeholders.
A digital-first, asset-light platform, Authentic sits at the intersection of culture, commerce and technology. It brings brands to life and cultivates fandom through powerful storytelling, premium content and unforgettable live experiences. Together with nearly 2,000 best-in-class licensing partners across 150 countries and an expansive distribution network, Authentic’s brands drive more than $38 billion in annual systemwide retail sales worldwide.
Why Authentic
You’ll be able to access the resources and scale, while leveraging innovative technology and nimble environment. What we’re saying is, this isn’t your average day job. If you’re hungry to drive ideas into action and own your career, let’s chat. Our team is rapidly innovating to evolve and define the future of our brands. With the help of some of the brightest minds in retail, marketing, licensing, legal and more, we are building the intersection of digital and experiential marketing to help achieve that mission. We reimagine, evolve and transform brands! At Authentic, we foster an inclusive workplace where diversity of thought and expertise drive competitive advantage. Our global teams are built by go-getters who contribute unique perspectives and push the boundaries of creativity and innovation. Headquartered in New York City, Authentic has offices in major metropolitan cities including Los Angeles and Miami, as well as Toronto, Mexico City, London, and Shanghai.
What you’ll do
The Senior Auditor, Royalty Audit will support the Royalty Audit team in planning and performing the annual Royalty Audit program. This includes assisting in the risk assessment process, ongoing monitoring and auditing of licensee compliance, identification of internal and external process improvements, quality audit reporting, coordination with third party auditors, and ensuring the timely resolution of audit matters identified during the audits.
What you’ll be working on
- Perform quantitative and qualitative scoping procedures to identify the next round of audits and assist with the prioritization of audit targets
- Review terms of license agreements and monitor licensee’s compliance by developing and executing a broad range of risk-based audit procedures
- Perform trend analysis of the royalties reported by licensees to identify unusual items or inconsistencies
- Perform desktop audits or inquiries from licensees regarding royalty statements
- Collaborate and develop relationships with a wide range of internal stakeholders to resolve audit matters
- Coordinate and assist the audit process performed by third party auditors
- Identify opportunities for improvement in the audit process and our internal business processes (i.e., contract structuring, royalty calculation and revenue recognition, quarterly review, etc.)
Must haves:
- Bachelor’s degree in accounting, business, finance, economics, or similar field
- Audit and accounting experience, preferably with the big 4
- Royalty / licensing business and audit experience preferred
- Proficiency with the Microsoft Office Suite
- Proven success in identifying audit findings and/or other improvement opportunities
- Must possess the following traits:
- Confidence and must possess strong communication skills - ability to coordinate with personnel across the organization
- Ability to perform multiple concurrent tasks
- Ability to work collaboratively with internal and external (i.e., contractors) team members
- Detail and deadline oriented
- Strong analytic skills, and ability to identify inconsistencies, non-compliance or unusual items/trends that will require further investigation
- Ability to prepare work papers / reports in an accurate and concise manner
- Organized and possess good time management skills
- Strong oral and written communication skills, especially the ability to convey contentious information and defend your position/perspective
Primary Location Salary Range:
$90,000 - $100,000
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