Royalty Associate

Date: Oct 7, 2024

Location:

Indianapolis, IN, US, 46278

Store # - Mall Name: Corporate Office

About Our Company

Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the US, Canada, Mexico, Europe, and Australia. Operating out of Indianapolis, IN, our retail stores offer officially licensed headwear and apparel from collegiate and professional sports teams, plus top brands like Nike, New Era, Adidas, and Mitchell & Ness.

We currently operate 1,200+ locations domestically and 50+ internationally, including specialty concept stores for the NBA, NHL, Paris Saint-Germain, and MLB teams. In recent years, Lids has built partnerships with iconic global brands including Marvel, Playboy, and the Harlem Globetrotters, and gained ambassadors like Justin Jefferson, Quavo, and Josephine Skriver – creating a community for both sports fans and fashion lovers.

General Position Summary

This position will perform administrative, reporting and accounting support functions for royalty activities at Hat World, Inc dba Lids. This position will assist the Lids business owners and external partners with topics and organization as it relates to royalty functions.

Principle Duties and Responsibilities

Assist in contract administration and organization.
Assist in data entry of royalty journal entries and activities.
Validation of reliability of royalty reporting back to ERP system
Prepare monthly, quarterly, and annual reporting and remittance to royalty partnerships.
Compile and process royalty payment packages for submission to Accounts Payable
Maintain Royalty Matrix master data.
Review royalty relationships for adherence to important benchmarks and timelines.
Review contracts and agreements to ensure compliance to terms/conditions in all calculations.
Interpret contract data to equate to royalty prepaids, accruals, and reporting.
Create and maintain standard monthly management reports to support month end close.
Correspondence with licensors and Lids business partners to ensure integrity in royalty relationships, reporting, and to resolve royalty discrepancies.
Various non-routine assignments and ad-hoc reports related to royalty activities.

Job Required Knowledge & Skills

Bachelor’s degree or related field equivalent experience.
Task-oriented.
Highly organized.
Strong mathematical and analytical skills.
Ability to process substantial amounts of data with attention to diligence.
Strong Excel skills.
Excellent professional written and verbal communications skills.
Prioritization and time management to balance multiple projects efficiently and on time.

Preferred Job Required Knowledge & Skills

Desired prior work environment experience (fast paced), audit/public accounting, proficiency in processes, positive mindset, proven work ethic, excellent communicator, and adeptness in Excel.

Reports To

Senior Accounting Manager

#LI-AP1

EEO Statement:
Hat World, Inc., Lids Holdings, Inc., dba Lids and subsidiaries is an Equal Opportunity Employer and is committed to complying with all federal, state, and local EEO laws. Hat World, Inc., prohibits discrimination against employees and applicants for employment based on the individual's race or color, religion or creed, national origin, alienage or citizenship status, marital status, sex, pregnancy status, age, military status, disability, or any other protected characteristic or class protected by law. Hat World, Inc. provides reasonable accommodation for disabilities in accordance with applicable laws.

Notice to Applicants:
In connection with your application, we collect information that identifies, reasonably relates to or describes you (“Personal Information”). The categories of Personal Information that we collect include your name, government issued identification number(s), email address, mailing address, other contact information, emergency contact information, employment history, educational history, criminal record, and demographic information. We collect and use those categories of Personal Information about you for human resources and other business management purposes, including identifying and evaluating you as a candidate for potential or future employment or future contract positions, recordkeeping in relation to recruiting and hiring, conducting criminal background checks as permitted by law, conducting analytics, and ensuring compliance with applicable legal requirements and Company policies.

Need accessibility assistance to apply?
Applicants who require accessibility assistance to submit an employment application, please email us at onboardingsupport@lids.com. A member of our Talent team will respond as soon as reasonably possible. This email address and is only for individuals seeking accommodation when applying for a career at Lids.

Req ID: 18402

Location: Corporate Office