Jacksonville, FL3 days ago
p>Coordinate with Business Development, Licensing, and Legal teams to understand the obligations under agreements with partners, licensors, and licensees, and implement necessary processes to execute; Ensure the detailed records of contracts, teams, and procedures are maintained; Develop in-depth knowledge of systems, data, and reporting tools as well as understanding of the business processes related to assigned general ledger accounts, including transaction flow; Implement accounting policies to support licensing and royalty deals; Ensure various transactions are recorded appropriately in accordance with GAAP as a key contributor to the month-end and year-end close processes; Prepare and review journal entries, reconciliations, and supporting schedules; Responsible for identifying and the operating effectiveness of all internal controls across the Commerce end-to-end revenue, royalties, and rev share processes; Review monthly and quarterly revenue share and royalty settlements for timely submission to partners; Share information needed to effectively manage the business; develop/improve clear, concise, and timely management reporting processes to various departments; Participate as a key team member in the quarterly, year-end financial statements., financial audits, and audits by partners and licensors, providing meaningful support and professional communication with internal and external parties; Assist with development and implementation of licensing software as well as other technical solutions to improve processes; Assist the accounting department and other developments as necessary, including preparation of ad hoc financial reporting requests, other analyses and special projects requested by management; Use strong communication skills (written and verbal) to maintain positive working relationships with all external partners and provide timely responses to inquiries. Must also have experience in the following: 7 years of professional experience performing financial close processes, including reviewing journal entries, account reconciliations, and GAAP-compliant financial statements; 7 years of professional experience designing workflows, and team procedures to ensure operational accuracy and audit readiness; 7 years of professional experience operating financial systems and reporting tools to manage general ledger accounts and analyze transaction flow for accuracy and compliance; 7 years of professional experience developing and improving management reporting processes to communicate financial performance and operational metrics across departments; 6 years of professional experience collaborating with cross-functional teams including Licensing and Legal to implement compliance processes and support contractual obligations; 6 years of professional experience analyzing licensing and royalty agreements to implement accounting policies and ensure accurate revenue recognition and royalty settlements; 6 years of professional experience conducting monthly and quarterly revenue share calculations and royalty settlements for submission to external partners; 2 years of professional experience assisting in the design, development, and implementation of licensing software or financial systems to streamline reporting and compliance functions.