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Assistant Controller & Royalty Administrator

BBC International
locationBoca Raton, FL, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

The Assistant Controller & Royalty Administrator will support our finance team/Controller by managing royalty reporting, financial reconciliations, commission payments and maintaining accurate financial records for our diverse range of brands.

**LOCATION: Our office is currently located in Boca Raton, however, we will be relocating to Plantation during 1st quarter of year 2026.

**NOTE: BBC maintains a drug-free and smoke-free workplace. Employment is contingent upon the successful completion of both drug testing and background screening.

Responsibilities consist of but are not limited to:

  • Prepares bank borrowing base certificates and related supporting documentation (20th month & last business day).
  • Reviews and understands all licensing and distribution contracts in order to facilitate royalty reporting.
  • Reconciles and prepares all quarterly royalty reporting.
  • Project royalty cash outflow for 6-month cash projection report.
  • Assist Analytics Team with monthly MBR for Polo, MK and TH (including any other Licensor monthly/quarterly reports).
  • Prepare monthly Champion sale reports to be provided to HBI ABG (for USA & Canada).
  • Tracks all financial requirements in distribution agreements (i.e. invoice for shortfalls and/or ensure marketing spend etc.).
  • Reconcile Gredico "Commission Payable - Agents" and submit amounts to AP for payment.
  • Reconcile and prepare monthly/quarterly sales commission reports and payment for outside "non-employee" salespeople, collaborators and influencers.
  • Reconcile and prepare quarterly sales commission payment for Rick Cytrynbaum "Walmart Deal".
  • Review and fill in overall financial information on customer setup forms "Customer Profiles" and submit to CFO for approval.
  • Inputs and sets-up new first cost customers in Solomon.
  • Maintain the international customer payment terms as approved by the CFO - (update customer profiles accordingly).
  • Assist with Annual Financial Statement, Royalty and Bank audit work papers/support (as requested)
  • Assist the Controller with the monthly closing process (E.g. Footworks reconciliation)
  • Reconcile, prepare, or maintain supporting schedules for various balance sheet accounts (quarterly - all companies).
  • Any other business as directed by the Controller.

Education, Experience and Qualifications Needed:

  • Bachelor’s degree in accounting and/or finance is required.
  • 3-5 years of experience in financial reporting or royalty administration with a strong understanding of accounting principles.
  • Demonstrate excellent written and verbal communication, with the ability to convey complex information clearly and effectively.
  • Strong analytical and problem-solving skills, with keen attention to detail.
  • Capability to work independently and promote a positive team environment.
  • Ability to manage multiple deadlines and prioritize tasks effectively.
  • Proficiency in Excel and Accounting software or ERP systems.

The successful candidate will be eligible for excellent benefits:

  • Medical, Dental, Vision, Life and Short-Term Disability (100% Employer covered)
  • 401K - Retirement and match
  • Voluntary Benefits
  • Flexible Spending Account
  • Vacation, Sick and Personal time
  • 10 + Paid Holidays

Location & Schedule:

  • Hybrid - for local candidates
  • Monday - Friday, 8:30 am - 5:30 pm

Company DescriptionBBC International LLC is a leading full-service footwear company specializing in Sourcing, Design and Technology within the Global Market. BBC International designs, sources, and sells licensed and in-house owned brands of footwear globally to major retailers, distributors, and multi-door independents. BBC has served its customers for the last 50 years with a best-in-class team, powerful supply chain, and strong brand portfolio. We are a family friendly workplace with lots of growth opportunities.

COME AND JOIN OUR TEAM!

Company Description

BBC International LLC is a leading full-service footwear company specializing in Sourcing, Design and Technology within the Global Market. BBC International designs, sources, and sells licensed and in-house owned brands of footwear globally to major retailers, distributors, and multi-door independents. BBC has served its customers for the last 50 years with a best-in-class team, powerful supply chain, and strong brand portfolio. We are a family friendly workplace with lots of growth opportunities.\r\n\r\nCOME AND JOIN OUR TEAM!

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