Location: Minnesota - Winona
Employment Type: Hourly
Team: Operations - Winona - WinCraft
Company Overview
Fanatics is building a leading global digital sports platform to ignite and harness the passions of fans and maximize the presence and reach for hundreds of partners globally. Optimizing these long-standing partnerships, a database of more than 80 million global consumers and a trusted, recognizable brand name, Fanatics is expanding beyond its position as a global leader for licensed sports merchandise to now becoming a next-gen digital sports platform, featuring an array of offerings for fans across the sports ecosystem.
The Fanatics family of companies currently includes Fanatics Commerce, a vertically-integrated licensed merchandise business that has changed the way fans purchase their favorite team apparel, jerseys, headwear and hardgoods through a tech-infused approach to making and quickly distributing fan gear in today’s 24/7 mobile-first economy; Candy Digital, a digital collectibles company that is partnering with prominent sports properties, including MLB and MLBPA, to build an official NFT ecosystem; Fanatics Collectibles, a transformative company that is building a new model for the hobby and giving collectors an end-to-end collectibles experience; and Fanatics Betting & Gaming, a mobile betting, gaming and retail sportsbook platform. Additional ventures that will build out Fanatics’ footprint across the broader digital sports landscape will be rolled out soon. Fanatics’ partners include all major professional sports leagues (NFL, MLB, NBA, NHL, NASCAR, MLS, PGA) and hundreds of collegiate and professional teams, which include several of the biggest global soccer clubs.
As a market leader with more than 8,000 employees, and hundreds of partners, suppliers, and vendors worldwide, we take responsibility for driving toward more ethical and sustainable practices. We are committed to building an inclusive Fanatics community, reflecting and representing society at every level of the business, including our employees, vendors, partners and fans. Fanatics is also dedicated to making a positive impact in the communities where we all live, work, and play through strategic philanthropic initiatives.
At Fanatics, we’re a diverse, passionate group of employees aiming to ignite pride and passion in the fans we outfit, celebrate and support. We recognize that diversity helps drive and foster innovation, and through our IDEA program (inclusion, diversity, equality and advocacy) at Fanatics we provide employees with tools and resources to feel connected and engaged in who they are and what they do to support the ultimate fan experience.
Under supervision of the Licensing Manager, the Royalty Coordinator will be responsible for properly calculating and reporting all royalty functions for WinCraft on a weekly, monthly, quarterly and annualized basis. This position requires personnel to abide by Licensor policies and procedures to ensure all royalties are paid on-time and are accurate. Tracking and monitoring royalty advances on both consumption and shortfalls is essential to maintain accurate financial statements and strategic decisions. In addition, aiding Licensing personnel with other tasks as time permits.
Essential Functions:
The Royalty Coordinator may perform some or all of the following, as well as other duties, as assigned:
•Run internal queries and data analytics pertaining to royalties for the company
oLearning, developing and maintaining existing and new queries will be an essential duty towards being successful in this position
•Track, maintain and report all royalty functions
oThis includes properly accounting for, consuming and maintaining all applicable royalty pre-payments, including shortfalls, helping explain financial risks in the process
•Submit accurate and timely royalty reports that abide by Licensor’s guidelines, policies and procedures
•Efficiently work with the internal Licensing department to streamline royalty functions and processes
oItem setup, item maintenance, item tracking and proper royalty submissions to the respective categories to maintain alignment internally
•Provide timely and accurate updates to senior management regarding royalty operations
•Conduct and assist with external audits scheduled by Licensors
•Maintain accurate records and provide visibility to senior leadership on the current position of any royalty-bearing questions and context
•Develop new and efficient ways to streamline reports and data within
•Other projects on an as needed basis to support Licensing personnel in regards to active programs and upcoming company initiatives, as assigned.
Knowledge, Skills, and Abilities Required:
•Two-year degree in Business, Accounting or its equivalent; one to two years of business experience with customer service, analytics or accounting backgrounds.
•Intermediate knowledge of Microsoft Outlook, Microsoft Word, Internet Explorer and Windows.
•Ability to learn and understand royalty processes and procedures with a quick learning curve and quick implementation.
•Professional approach to royalty analysis in an organized and positive manner.
•Self-starter to meet short deadlines and function on changing schedules.
•Excellent verbal and written communication skills to deal professionally with both Licensor agencies and WinCraft team members.
•Ability to excel in a fast paced work environment.
•Advanced knowledge of Excel.
•Hours of 8:00am – 4:30pm
_Ensure your Fanatics job offer is legitimate and don’t fall victim to fraud. Fanatics never seeks payment from job applicants. Fanatics recruiters will only reach out to applicants from an @fanatics.com or @fanatics.co.uk email address. For added security, where possible, apply through our company website at _www.fanaticsinc.com/careers
Tryouts are open at Fanatics! Our team is passionate, talented, unified, and charged with creating the fan experience of tomorrow. The ball is in your court now.
Fanatics is committed to responsible planning and purchasing (RPP) practices, working with its business partners across its global and multi-layered supply chain, to ensure that planning, sourcing, and purchasing decisions, along with other supporting processes, do not impede or conflict with the fulfillment of Fanatics’ fair labor practices.
NOTICE TO CALIFORNIA RESIDENTS/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 other types of 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.