Royalty Portfolio Analyst – remote
Our client is seeking a remote Royalty Portfolio Analyst contractor that will be involved in daily monitoring of the Royalty Transmittal application for new business unit Contract/Title submissions to be set up in the royalty system. Initiates and interacts directly with the business unit editorial, finance, and product teams, as well as Corporate Legal with any questions and clarifications of the contract in order to ensure accuracy of the set up in the royalty system.
This is a Temporary Work with Full Time Hire Option.
Responsibilities:
- Assessment of the submitted transmittal information for completeness. Review provided information (publishing agreement(s), amendment(s), titles and any other documents) and interpret for data entry in the royalty system.
- Receive and act on all inquiries related to the portfolio/program that are received from external customers (authors, agents, auditors) and internal customers (Editorial, Finance, Corporate Legal, and Corporate Audit). Take the necessary action steps to address and resolve these inquiries including maintenance in the royalty system if applicable.
- Prepare supporting documentation in accordance with client policies/requirements for author-initiated requests related to establishing Estates, Trusts, and Assignment of Rights related to the author’s account.
- Review monthly unmatched sales reporting for titles under the position’s assigned portfolios/programs and take necessary steps to research and resolve items on unmatched.
- Work on any projects and/or initiatives assigned by the manager
- Collaborate with Corporate Legal related to 3rd Party Audit requests being done on behalf of the author by preparing and providing requested reporting and documentation for the audit.
- Liaise with Accounts Payable related to establishing and maintaining author accounts and in addressing payment issues.
- Total IDs set up in royalty system annually is approximately 25,000 across all businesses.
- Total Inbound inquiries received by Royalty Operations annually is approximately 5,000 and are cyclical due to larger volume statement cycles during the year (Feb/Mar; Aug/Sep).
- Total Royalty payments are $150 million annually.
Requirements:
- Position requires the person to be able to read and understand publishing agreements, and amendments, and properly interpret and setup the terms in the royalty system for the accurate computation of author royalties.
- Position requires the ability to handle time sensitive items, meet deadlines, and effectively multitask.
- Position requires an aptitude to learn and understand the client Royalty System and its workings to review and analyze author / royalty recipient account activity.
- Position requires the person to be detail oriented, organized, and to work with large volumes of data.
- Incumbent must be able to identify areas of improvement in the position and recommend solutions to improve process/procedures across the full end to end process.
- Position requires some travel.
Knowledge / Experience:
- Bachelor's Degree preferred.
- Excellent customer service, oral and written communication skills are required as the position has direct contact with authors and will project and affect the impression an author will have of the client.
- Position is also required to work in a collaborative environment with portfolio management, finance, and legal teams in addressing the alignment of product/sales channels with the publishing agreement and the technical considerations for set up in the royalty system.
- Strong analytical skills are required as the incumbent will have to extract and analyze large volumes of detailed transactional activity for author accounts when investigating inquiries and/or assisting with audits.
- Knowledge and/or experience in Business Law and legal intent regarding such topics as copyrights, tax implications, estate settlements, assignment of ownership is a plus.
- Strong experience in Microsoft Office including Excel, Word, and Outlook.
- Prior work experience in royalties, publishing, editorial, legal, or accounting fields a plus.
- Proficiency in Microsoft Excel
- Highly organized and able to thrive in a fast-paced, deadline-oriented environment working independently. Displays and acts with initiative, integrity, and professionalism.
- Aptitude and analytical skills include ability to read, understand, and interpret publishing agreements and to understand how the client Royalty System works in the processing, calculating, and adhering to the contractual terms and conditions.
- Ability to assess inquiries, prioritize, and problem solve.
- Ability to perform financial calculations based on royalty defined formulas when resolving issues and inquiries.
- Individual must be detail oriented for both the data entry aspect of the Royalty System term set up and the detailed author / royalty recipient account activity analysis.
Reference: 1004935
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