What are the responsibilities and job description for the Senior Accountant position at Overtime?
About Overtime
Overtime builds disruptive new sports leagues and IP aimed globally at the next generation of sports fans and athletes. Overtime owns and operates, OTE and OT Select in basketball, OT7 in football and OTX in boxing, and leverages digital-first content across its network of accounts engaging its community of nearly 100 million fans and followers. Overtime's business model is driven by sponsorships, brand relationships, e-commerce, licensing and media rights.
Overtime builds disruptive new sports leagues and IP aimed globally at the next generation of sports fans and athletes. Overtime owns and operates, OTE and OT Select in basketball, OT7 in football and OTX in boxing, and leverages digital-first content across its network of accounts engaging its community of nearly 100 million fans and followers. Overtime's business model is driven by sponsorships, brand relationships, e-commerce, licensing and media rights.
Overtime is funded by top VC firms, industry leaders, and athletes, including Liberty Media Corporation, Andreessen Horowitz, Counterpoint Global (Morgan Stanley), Sapphire Sport, Winslow Capital, Bezos Expeditions, Spark Capital, Micromanagement Ventures (the family of the late David Stern), Black Capital, Blackstone Strategic Partners, Alexis Ohanian, Drake, Quavo and 40 NBA and NFL stars including Carmelo Anthony, Kevin Durant and Trae Young. Over 6% of active NBA players have invested in Overtime.
What You’ll Do:
- Support the day-to-day, monthly, and year-end accounting operations of Overtime
- Help lead the month-end close, including booking of journal entries, analyzing general ledgeraccounts, and creating balance sheet account reconciliations
- Assist with annual external audit, including preparation of audit request items and schedules
- Manage our eCommerce accounting including the recording sales and cost of goods sold, reconciling data between multiple systems, managing inventory, and analyzing results and create management reporting
- Manage Sales Tax compliance, including accurate reporting, filing and remittance of sales tax
- Support accounts payable and expense reporting, including reviewing and approving expenses
- Support the accounts receivable process, including proper revenue recognition, reporting and collections with the team
- Assist the Controller in the development and maintenance of a Cash Forecasting model to drive decision making for short-term liquidity needs and investment opportunities
- Manage Fixed Asset accounting
- Prepare third-party licensing and royalty accounting schedules
- Review and approve expense reports and reconcile the corporate card payable account
- Support various ad-hoc and special projects in our effort to streamline and standardize accounting processes
Who You Are:
- Bachelor’s degree in accounting
- 5 years of professional accounting experience, background in media and entertainment industry is a plus
- NetSuite experience a plus
- CPA is a plus
- Strong in Microsoft Excel
- Self-starter, motivated
- Possess excellent organizational, communication and analytical skills with the ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment
The salary range for this position is expected to fall between the range of $100k-$115k annually. Salary will be determined based on the individuals years of relevant experience. Overtime also offers a flexible vacation package, health benefits and equity in the company.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, age, disability, gender identity, marital or veteran status, or any other protected class.
Salary : $100,000 - $115,000
