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 numerous 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.
The company is currently expanding with the goal of becoming the largest licensed brick-and-mortar sports retailer across the globe.
General Position Summary
This position will take the lead on processing the full cycle of royalty accounting for Lids Sports Group and all subsidiaries for all licensee relationships. This individual will work with several departments within the Lids Group as well as with appointed persons from the licensee organizations. Lids is currently in a growth mode and this position will provide the right candidate a chance to get into a fast-growing department with eventual prospect of upward mobility.
Principle Duties and Responsibilities
Set up, compile and process data for royalty reporting accurately and timely
Validation of integrity of royalty reports to ERP system
Prepare royalty cash forecasts for Treasury
Prepare royalty expense forecasts for FP&A
Prepare and file monthly and quarterly royalty reports
Compile and process royalty payment packages
Calculate and post prepaid royalty amortization, and accruals for monthly close
Review royalty relationships for adherence to important benchmarks and timelines
Additional Principal Duties and Responsibilities
Review contracts and agreements to ensure compliance to terms/conditions in all calculations
Maintain detailed master contract data
Create and maintain standard monthly management reports
Correspondence with licensors and Lids brand teams to resolve royalty discrepancies
Various non-routine assignments and ad-hoc reports related to royalty activities
Job Required Knowledge & Skills
Bachelor's Degree in Accounting, Finance, Business, or related field
Solid math skills and the ability to think in an analytical manner
Ability to process large amounts of data with high attention to detail
Exceptional Excel skills
Excellent written and verbal communications skills
Prioritization and time management to balance multiple projects efficiently and on time
Professional communication with culturally diverse clients, providers, and staff
Strong teamwork mindset
Preferred Job Required Knowledge & Skills
Professional experience ideally with accounting responsibilities
Experience with Microsoft D365 a plus
Benefits, Perks & More!
Comprehensive benefits eligibility starting on first day of employment
401K with company match
Generous PTO
Bonus eligibility
40% employee discount
Casual dress code
Positive company culture centered around our core values of Leadership, Integrity, Dedication, & Service