Senior Accountant, Brands

MerchSource; Irvine (CA); On-site; USD 85,000 - 100,000; Full time

Job summary

A leading accounting firm in California is seeking a Senior Accountant for its Brands division. This role involves full-cycle accounting and providing financial analysis to support leadership decisions. The ideal candidate will have at least 5 years of experience in accounting, preferably within retail or eCommerce, and proficiency in ERP systems like NetSuite. The pay range is $85,000-$100,000 DOE.

Qualifications

• 5+ years of accounting experience, preferably in retail, wholesale or eCommerce.
• Experience with an ERP system, such as NetSuite, required.
• Background in royalties/licensing preferred.

Responsibilities

• Responsible for month end closing, including journal entry preparation and account reconciliations.
• Prepare monthly financial statements and fluctuation analysis report.
• Oversee and maintain Dependable Solutions software for tracking royalties.

Skills

Self-starter with significant level of accountability

Results Oriented

Strong relationship-building skills

Excellent written and verbal communication skills

Excellent time management and organizational skills

Education

BS Degree with emphasis in Accounting and/or Finance

Tools

NetSuite

Dependable Solutions

MS Suite (Excel)

Job description

The Brands Senior Accountant will be responsible for the full-cycle accounting and analysis for the Brands licensing division of ThreeSixty Group. This role will also be responsible for the accounting and reporting of royalties associated with the MerchSource division of ThreeSixty Group.

This important position will provide financial analysis support to the Brands division leadership team, will evaluate financial results of licensing initiatives, and proactively conduct analysis on operational costs.

About the Role

ThreeSixty Brands division:

• Responsible for month end closing, which includes journal entry preparation and account reconciliations
• Prepare the monthly financial statements and fluctuation analysis report
• Fully understand and review the various Royalty Licensing Agreements where the Company is the licensor to ensure accurate revenue recognition, tracking, reporting and cash flow projections
• Oversee and maintain Dependable Solutions, the licensing software used by the Company, to track quarterly royalty reports from the licensees
• Prepare invoices for the Guaranteed Minimum Royalties to send to the Company’s licensees
• Prepare ad hoc reports and special projects as required
• Supervise and mentor the staff accountant, as pertaining to licensing tasks
• Work with the division’s leadership team to develop the annual Budget and Reforecasts
• Responsible for month end closing, which includes journal entry preparation and account reconciliations, including ownership of intercompany account reconciliations and the period-end AP accrual process
• Fully understand and review the various Royalty Licensing Agreements where the Company is the licensee to ensure accurate tracking, P&L reporting, and payments
• Calculate the quarterly royalties due and prepare the quarterly royalty reports due to the Company’s licensors
• Submission of quarterly royalty invoices to AP for payment
• Work with the sales team to provide Sales Forecasts as requested by the Company’s licensors
• Assist with external audit preparation
• Prepare ad hoc reports and special projects as required
• Perform other duties as assigned

Qualifications

• BS Degree with emphasis in Accounting and/or Finance
• 5+ years of accounting experience, preferably in retail, wholesale or eCommerce
• Experience with an ERP system, such as NetSuite, required
• Background in royalties/licensing preferred

Required Skills

• Self-starter with significant level of accountability
• Results Oriented
• Demonstrates a high level of integrity
• Strong relationship-building skills
• Excellent written and verbal communication skills
• Experience with Dependable Solutions systems (Licensing software) considered an asset
• Strong knowledge of the MS Suite with a focus in Excel, including pivot tables, lookups, sumifs, etc. that will enable manipulations of large amounts of data
• Excellent time management and organizational skills, including the ability to prioritize workload
• Strong follow-up skills and ability to work with remote supervision

Pay range and compensation package

$85,000-$100,000 DOE

Equal Opportunity Statement

Three-Sixty Group/ MerchSource is an equal opportunity employer. We consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability or other protected statuses as defined by law.