Royalty Operations Accountant

4 - 5 years

4 - 8 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Royalty Operations Accountant (Deputy Manager)

Expertise

  • Resolve complex sales in suspense accounts

    , especially those involving High-Profile Authors (HPAs), ensuring correct allocation and accurate payouts.
  • Analyze royalty data for accuracy

    and support the preparation of royalty reconciliations.
  • Possess strong analytical skills in

    royalty data analysis, reconciliation, and payment management

    .
  • Demonstrate an

    in-depth understanding of royalty calculations, intellectual property tools, and agreement structures

    .
  • Possess experience with

    data governance and maintaining databases

    for decision-making.
  • Show expertise in

    resolving complex issues

    related to royalty payments and suspense accounts.
  • Help identify and document recurring issues or discrepancies in royalty and vendor data, escalating to higher management as necessary.

Accountability

  • Maintain responsibility for the

    accuracy of royalty data and the timeliness of royalty reconciliations and payments

    .
  • Collaborate closely with C2 and above roles to monitor key task progress, ensuring all action items are completed on schedule across multiple geographies.
  • Ensure the

    integrity of the royalty calculations database

    and proper execution of royalty payments in alignment with agreements. Participate in regular quality checks and data validation exercises.
  • Ensure

    compliance with internal controls, SLAs, and governance standards

    .
  • Provide

    recommendations for agreement structures and royalty setups

    , contributing to the strategic direction of royalty operations.

Leadership

  • Lead and mentor junior team members

    , providing guidance on royalty data analysis, reconciliations, and database maintenance.
  • Take

    ownership of projects and process improvements

    related to royalty operations, driving efficiency and excellence.

Influence

  • Collaborate with stakeholders

    across the organization to ensure accurate royalty payouts and effective data management.
  • Provide

    expert advice on royalty agreements, product structures, and payment setups

    to influence strategic business decisions.
  • Translate complex data into

    clear, actionable insights

    through compelling presentations, dashboards, and reports for various stakeholders.
  • Lead and manage cross-functional projects end-to-end

    , ensuring timely execution, stakeholder alignment, and achievement of key milestones using strong project management methodologies.

Skills, Knowledge, & Behaviors

Skills:

  • Strong

    data analysis and financial acumen

    .
  • Proficiency with

    intellectual property management tools and royalty calculation databases

    .
  • Advanced

    problem-solving abilities

    , particularly in resolving complex royalty and suspense issues.

Knowledge:

  • In-depth knowledge of

    royalty management, accounting principles, and agreement setups

    .
  • Understanding of

    intellectual property rights

    and their impact on royalty payouts and agreements.

Behaviors:

  • Detail-oriented

    with a focus on accuracy and operational excellence.
  • Proactive in mentoring junior staff

    and driving process improvements.
  • Strong

    communication and collaboration skills

    to work effectively with cross-functional teams.

Qualifications

  • Education:

    Bachelor's degree in Business Administration, Finance, or a related field.
  • Experience:

    Minimum of

    4-5 years of experience

    in contract management or a related field.

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