Accounting Manager, Royalty

BIOWORLD MERCHANDISING; Irving (TX); On-site; USD 85,000 - 110,000; Full time

Job summary

BIOWORLD MERCHANDISING is seeking an experienced Accounting Manager in Irving, Texas to manage licensing royalties, project management, and accounting reporting. The candidate will coordinate license agreements, support quarterly reporting, and maintain accuracy in royalty calculations. Ideally, applicants should have 7-10 years in accounting roles and a BS/BA in Accounting, with CPA or CMA certifications preferred. This role offers the opportunity to work with cross-functional teams and contribute to a dynamic environment.

Qualifications

• 7-10 years’ work experience in progressive accounting roles.
• Audit and/or royalty experience preferred.
• Ability to meet deadlines and work well in a fast-paced environment.

Responsibilities

• Coordinate review and documentation of license agreements.
• Support quarterly royalty reporting to licensors.
• Maintain the royalty database and prepare various reports.
• Work with cross-functional teams to improve processes.

Skills

Analytical skills

Leadership skills

Organizational skills

Communication skills

Proficiency with ERP systems

Education

BS/BA with Accounting Major

CPA or CMA certifications

Tools

Power BI

Excel

Outlook

Job description

Bioworld Merchandising is a leading design and distribution company of licensed and private label apparel, headwear & accessories to all retail channels. We collaborate with some of the most widely recognized brand and retail partners in the world. We are seeking skilled candidates who are excited to join this amazing team!

Position Overview

Bioworld is seeking an experienced Accounting Manager to assist with licensing royalties, project management and other reporting/accounting matters. This position reports to the Controller and is an individual contributor.

Job Duties

• Coordinate review and documentation of license agreements (understand terms, rates, and payment structures) with Paralegal and Licensing team.
• Review reporting to licensors and compare to contract terms. Analyze sales data, revenue streams, and costs to ensure accuracy in royalty calculations.
• Support quarterly royalty reporting to licensors.
• Ensure all royalty accounting and reporting activities comply with contractual agreements and relevant accounting standards and regulations.
• Maintain the royalty database, creating new contract entries, updating rates, and managing contact information.
• Prepare royalty, inventory and departmental forecast reports.
• Reconcile royalty payments with sales and other financial data to verify accuracy and resolve discrepancies. Collaborate with internal teams (e.g., Legal, Data Analytics) and external partners (e.g., licensees, rights holders) to address inquiries and resolve issues.
• Maintain various balance sheet accounts and assist with the preparation of management estimates, as needed.
• Support month-end close and financial statement preparation/analysis, as needed.
• Partner with Inventory team to accurately account for inventory transactions, strengthen controls and provide required management reporting.
• Work with cross-functional teams to examine existing procedures and help improve processes.
• Partner with IT as part of team responsible for all software implementation and enhancements.
• Support external audits from licensors, bank and external accounting firm.
• Participating in quarterly town halls and team meetings presenting or facilitating short topics.
• Leading accounting initiatives.
• Mentoring team members.

Qualifications

• 7-10 years’ work experience in progressive accounting roles in a similar industry or with a company processing royalties (wholesale/distribution/retail or other inventory-based operations).
• Audit and/or royalty experience preferred.
• Demonstrated ability to lead teams and implement process improvements.
• Excellent analytical, organizational, communication, and leadership skills.
• Performs work with a high degree of accuracy.
• Ability to meet deadlines and work well in a fast-paced environment.
• Proficiency with ERP systems, Power BI, Microsoft products (Excel, Outlook) and ongoing system enhancements.
• The desire to be a part of a creative and dynamic company!

Education Requirement

• BS/BA with Accounting Major required, CPA or CMA certifications are desirable.

Business Hours

• Occasional extended work hours depending on volume and collaboration with India office.