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Pearson B3 - Specialist Royalty Advisor in Noida, India

B3 - Specialist Royalty Advisor

Description

At Pearson, we’re committed to a world that’s always learning and to our talented team who makes it all possible. From bringing lectures vividly to life to turning textbooks into laptop lessons, we are always re-examining the way people learn best, whether it’s one child in our own backyard or an education community across the globe. We are bold thinkers and standout innovators who motivate each other to explore new frontiers in an environment that supports and inspires us to always be better. By pushing the boundaries of technology — and each other to surpass these boundaries — we create seeds of learning that become the catalyst for the world’s innovations, personal and global, large and small.

Job Purpose

The Royalties Operations team are part of the Rights & Royalties group within Pearson Business Services. Their primary tasks are to ensure that advance payments and royalty statements are issued in a timely and accurate manner in accordance with contractual obligations. This includes the collection and verification of sales details, and accurate calculation of royalty payments. The team works closely with the publishing, legal, and subsidiary rights departments of Pearson Education, both collecting and providing information relating to royalty income and payments. In addition, they work closely with finance and business managers to ensure that advances provisions and royalty statements and payments are delivered in accordance with agreed timetables.

Within Pearson Shared Services there is a close working relationship with the Accounts Payable department, Finance Department and Business Managers. Ensuring compliance with accounting standards and Sarbanes-Oxley legislation in conjunction with ongoing process improvement is an important task.

The Specialty Royalty Advisor role focuses on the generation and creation of more complex and non-standard author statements, focusing on key proprietors e.g. Disney, and processing related author payments/resolving queries. It also includes proactive investigation and analysis of royalty related issues to ensure smooth transactions, maximum efficiency and achievement of service level agreements. All activities undertaken by this team are within the agreed policies and procedures of the individual operating companies.

This role will have responsibility for:

  • Ensuring that payments are made in accordance with key Author/proprietor contracts

  • Interact directly with Pearson’s most high profile and select authors to assist in resolving questions or concerns related to their royalty earnings

  • Ensuring that royalty statements are accurate and delivered in accordance with author contracts

  • Providing resolution of author queries in respect of statements and payments

  • Providing analysis and reporting to business units to support accounting and editorial functions

  • Responsible for the production and checking of quarterly and semestral Manual Statements for Key Licensors, as allocated

  • Extract large amounts of data, organize and summarize in a clear concise manner suitable for presentation to upper Management.

Related work and academic experience

  • 3 years experience of working in an accounts / financial environment such as accounts payable / receivable, cash office or other accounting function

  • Experience in dealing with third parties, customers and suppliers

  • Experience of working in a Royalties department would be an advantage

  • Experience in problem resolution through tenacity and demonstrable ability to work in line with established policies and procedures

Essential skills and competencies

  • Excellent written/verbal communication skills

  • Strong analytical skills

  • High levels of numeracy with great attention to detail and accuracy

  • Research and problem solving skills are critical

  • Understanding of double entry book-keeping and basic accounting rules

  • Experience in using computerised accounting systems such as Oracle, OBIE Reporting, etc.

  • Experience in using Microsoft Office tools, particularly confident use of MS Excel (macros and pivot tables)

  • Experience in working under tight deadlines and managing a variable workload

  • Ability to deal with deadlines and pressure effectively

  • Ability to interpret royalty statements and royalty contracts

  • Ability to work with a large amount of data, extract critical information and present in a clear, concise manner including presenting results to executive management

  • Awareness of current policies, practices and procedures and information affecting the role, such as copyright law and accounting practices

Qualifications

At Pearson, we’re committed to a world that’s always learning and to our talented team who makes it all possible. From bringing lectures vividly to life to turning textbooks into laptop lessons, we are always re-examining the way people learn best, whether it’s one child in our own backyard or an education community across the globe. We are bold thinkers and standout innovators who motivate each other to explore new frontiers in an environment that supports and inspires us to always be better. By pushing the boundaries of technology — and each other to surpass these boundaries — we create seeds of learning that become the catalyst for the world’s innovations, personal and global, large and small.

Job Purpose

The Royalties Operations team are part of the Rights & Royalties group within Pearson Business Services. Their primary tasks are to ensure that advance payments and royalty statements are issued in a timely and accurate manner in accordance with contractual obligations. This includes the collection and verification of sales details, and accurate calculation of royalty payments. The team works closely with the publishing, legal, and subsidiary rights departments of Pearson Education, both collecting and providing information relating to royalty income and payments. In addition, they work closely with finance and business managers to ensure that advances provisions and royalty statements and payments are delivered in accordance with agreed timetables.

Within Pearson Shared Services there is a close working relationship with the Accounts Payable department, Finance Department and Business Managers. Ensuring compliance with accounting standards and Sarbanes-Oxley legislation in conjunction with ongoing process improvement is an important task.

The Specialty Royalty Advisor role focuses on the generation and creation of more complex and non-standard author statements, focusing on key proprietors e.g. Disney, and processing related author payments/resolving queries. It also includes proactive investigation and analysis of royalty related issues to ensure smooth transactions, maximum efficiency and achievement of service level agreements. All activities undertaken by this team are within the agreed policies and procedures of the individual operating companies.

This role will have responsibility for:

  • Ensuring that payments are made in accordance with key Author/proprietor contracts

  • Interact directly with Pearson’s most high profile and select authors to assist in resolving questions or concerns related to their royalty earnings

  • Ensuring that royalty statements are accurate and delivered in accordance with author contracts

  • Providing resolution of author queries in respect of statements and payments

  • Providing analysis and reporting to business units to support accounting and editorial functions

  • Responsible for the production and checking of quarterly and semestral Manual Statements for Key Licensors, as allocated

  • Extract large amounts of data, organize and summarize in a clear concise manner suitable for presentation to upper Management.

Related work and academic experience

  • 3 years experience of working in an accounts / financial environment such as accounts payable / receivable, cash office or other accounting function

  • Experience in dealing with third parties, customers and suppliers

  • Experience of working in a Royalties department would be an advantage

  • Experience in problem resolution through tenacity and demonstrable ability to work in line with established policies and procedures

Essential skills and competencies

  • Excellent written/verbal communication skills

  • Strong analytical skills

  • High levels of numeracy with great attention to detail and accuracy

  • Research and problem solving skills are critical

  • Understanding of double entry book-keeping and basic accounting rules

  • Experience in using computerised accounting systems such as Oracle, OBIE Reporting, etc.

  • Experience in using Microsoft Office tools, particularly confident use of MS Excel (macros and pivot tables)

  • Experience in working under tight deadlines and managing a variable workload

  • Ability to deal with deadlines and pressure effectively

  • Ability to interpret royalty statements and royalty contracts

  • Ability to work with a large amount of data, extract critical information and present in a clear, concise manner including presenting results to executive management

  • Awareness of current policies, practices and procedures and information affecting the role, such as copyright law and accounting practices

Primary Location: IN-IN-Noida

Work Locations: IN-Noida-WTT Sector 16 World Trade Tower, 15th Floor C-01, Sector 16 Noida 201301

Job: Finance

Organization: Technology & Operations

Employee Status: Regular Employee

Job Type: Standard

Shift: Day Job

Job Posting: Dec 2, 2019

Job Unposting: Dec 16, 2019

Schedule: Full-time Regular

Req ID: 1915977

Pearson is an Equal Opportunity and Affirmative Action Employer and a member of E-Verify. All qualified applicants, including minorities, women, protected veterans, and individuals with disabilities are encouraged to apply.

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