Financial Operations

3 days ago

Noida, Uttar Pradesh, India Pearson Full time ₹ 9,00,000 - ₹ 12,00,000 per year
Job function:

Analyses royalty data, applies cash receipts resulting from third party sub-licensing agreements to authors accounts. Assists in the preparation of royalty reconciliation while maintaining the integrity of the royalty calculations database. Interprets, documents and inputs royalty and subsidiary rights contract information into the royalty system. Credits author's accounts with their share of domestic and foreign subsidiary rights income received. 

Job responsibilities and accountabilities 

General Profile

  • Role requiring at least 2 years of work experience with developed knowledge and skills acquired through formal training or work experience, working within defined processes and procedures with moderate supervision. 

Expertise

  • Verify royalty statements reported by third party Subrights customers and assists in calculation of royalties for accuracy and compliance with contractual terms.
  • Maintains up-to-date records of customer statements, payment transactions, and related documentation within royalty systems. Ensure data integrity and accuracy in all royalty-related records.
  • Coordinates the timely and accurate processing of royalty payments reconciliation. This includes extensive research of Subrights invoices generated, identifying transaction type, and reconciling payments with accounting records.
  • Reviews royalty payment calculations and ensure accuracy in payment amounts. Verify payment details against contractual terms, usage reports, and other relevant documentation.
  • Provides timely and accurate responses to customer queries and collaborate with stakeholders to resolve any issues.
  • Assists in preparing periodic reports on royalty payment matching, statement trends, and financial performance for internal stakeholders and external partners. Generate ad-hoc reports as requested to facilitate decision.

Accountability

  • Works within defined processes and procedures or methodologies 
  • Applies judgment based largely on practice, precedent and guidelines. 

Leadership

  • Manages own workload with some direction from managers/ supervisors. 
  • Impacts own team and potentially internal customers. 
  • May provide informal guidance to less experienced colleagues. 

Influence

  • Uses communication skills to exchange moderately complex information. 
  • Typically manages relationships within own team. 
Skills, knowledge, behaviours
  • Strong analytical skills with the ability to review and interpret financial data accurately.
  • Proficiency in Microsoft Excel and other accounting software/tools commonly used in the industry.
  • Excellent attention to detail and organizational skills.
  • Effective communication and interpersonal abilities, with the ability to collaborate across departments and communicate financial concepts clearly.

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