What are the responsibilities and job description for the AP Specialist position at Fanatics Holdings, Inc.?
Company Overview
Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.
Achieving our goals requires strong collaboration and partnership between our teams and our internal stakeholders. To best support this, the person who accepts this role is expected to be on site, in office four days per week. To provide our employees with flexibility, we offer a unique benefit where employees at Fanatics' corporate entity can work remotely for up to four weeks per year, which can be taken in daily or weekly increments.
The Role
The role of Accounts Payable (AP) Payment Specialists is to provide accurate and timely payments to suppliers. The AP Payment Specialists will support Fanatics Business partners with timely and accurate payments while ensuring compliance with payables policies and procedures. The AP Payment Specialists will communicate with appropriate staff members and other departments to ensure the goals and objectives of the accounting department are met. The AP Payment Specialists will process and review payments, analyze aging reports, and other ad hoc reporting requests as assigned. The AP Payment Specialists must understand full-cycle Accounts Payable functions, assist in reconciling vendor accounts, reporting, research discrepancies, and provide resolutions.
What You'll Do:
- Process weekly payment runs for all lines of business.
- Understand and adhere to internal controls.
- Partner with the FASS team(s) to identify process improvement, automation, and efficiency opportunities.
- Assist in payment system testing and employee training.
- Administrative duties and other projects/duties assigned.
Payments Team:
- Perform weekly duplicate payment analysis between systems.
- Ensure inquiries from internal customers and external supplier inquiries are responded to accurately and in a timely manner.
- Oversee multiple weekly payment runs for accuracy and timeliness.
- Work cross functionally within the department and externally to resolve supplier payment issues.
- Complete month end closing duties in support of the AP Team.
- Support monthly AP aging report clean up.
- Assist in processing off cycle payments for AP Special Events, Legal and Partner Athlete teams.
- Assist AP and RTR teams with questions or requests for analysis.
- Partner with business to improve reporting and processes related to AP.
- Provide AP reporting to business as requested.
What We're Looking For:
- Four-year degree in Accounting or Finance preferred or 3 years of relevant experience.
- Must be Proficient with Excel.
- GL and reconciliation experience a plus.
- JDA/Microsoft Dynamics experience is a plus.
- Oracle Fusion experience a plus.
- Oracle EBS experience a plus.
- Experience in the use of Microsoft Office suite of products.
- Strong organization and analytical skills required.
- Ability to communicate with all levels of management.
- Ability to work in a demanding environment.
- Strong working knowledge of accounting practices and principles.
- Demonstrated ability to work effectively either as an individual or member of a team and relate effectively with staff on all levels.
- Demonstrated ability to communicate, both orally and in writing, in a clear and concise manner
- Demonstrated ability to quickly learn new information, processes, and procedures.
- Good numeracy skills, attention to detail and accuracy
- Demonstrated ability to meet deadlines, determine priorities and organize work to meet objectives and identify and deal with problems.