• Assistant Accountant (Royalties)

    Job Locations UK-Andover
    Posted Date 1 week ago(4/12/2018 7:57 AM)
    Requisition ID
    2018-4683
    Job Function
    Finance
  • Overview

    Job Summary:

    The Assistant Accountant (Royalties) is responsible for the accurate and timely royalty and subsidiary rights processing and accounting in accordance with company policy and procedures.

    Responsibilities

    To ensure a high level of accuracy / efficiency in the following activities:

     

    Author Royalties

     

    • Interpretation of author agreements
    • Set-up and maintenance of author accounts and contract records
    • Set-up of royalty bearing ISBNs onto contract records
    • Scanning and indexing of royalty contracts and documents to Contracts Document Archive
    • Monitoring and validation of sales interfaces from finance system
    • Monitor receipt of manual sales and earnings files.
    • Manipulation of manual sales and earnings information and load to the royalty system
    • Calculation of royalty advances and adjustments and load to royalty system
    • Coordinating the author royalty statements production, distribution and payment according to contract terms
    • Validation of author royalty statements
    • Preparation and distribution of tax reports and return
    • Preparation of monthly royalty related account reconciliations with the finance system and the correction of issues found
    • Handling author and internal queries to a satisfactory resolution  

     

    Subsidiary Rights & Permissions

     

    • Managing the receipt and granting of Permissions requests
    • Interpretation of subsidiary rights agreements
    • Set-up and maintenance of subsidiary rights contract records
    • Set-up and maintenance of Customer Accounts for foreign publishers and permissions customers
    • Recording and maintenance of Subsidiary rights options to the Subrights database
    • Scanning and indexing of Subrights contracts and documents to Contracts Document Archive
    • Processing and billing of Subsidiary Rights & Permissions sales and fees
    • Calculation of Authors share of subsidiary rights and permissions and load to royalty system
    • Preparation and distribution of monthly Subsidiary Rights Earnings report and journals
    • Monitoring and chasing of overdue royalty accounting from Subsidiary Rights Publishers
    • Handling Foreign Publisher and internal queries to a satisfactory resolution

    Qualifications

    Essential criteria:

     

    Academic qualifications:

    • A Level Mathematics &/or Accounting or equivalent

    Work experience/technical skills

    • Accounting/bookkeeping experience
    • Confident and experienced user of excel to “Intermediate” level or higher
    • Working knowledge of Word and Outlook.
    • Experience working within a busy and time-sensitive environment.
    • Experience dealing with customers, both internally and externally.
    • Fast and accurate

    Interpersonal Skills

     

    • Good written and oral communication skills;

    • Self-motivated and proactive;
    • Keen attention to detail and follow-through;
    • Effective analytical and problem-solving skills;

    • Ability to work calmly in a, sometimes, high pressure environment;

    • Team player suited to a team-orientated and collaborative environment, where knowledge is shared actively;

    • Flexible approach to tasks.

    Desirable criteria

    • 2+ years accounting experience
    • Royalty accounting experience

    Core business competencies

    • Drive for results
    • Team/Unit contribution (Collaboration)
    • Dealing with ambiguity
    • Creativity (Innovation)
    • Customer Focus
    • Interpersonal savvy

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