Purpose: The ideal candidate will be responsible for applying and allocating payments received by Pearson, for publication rights given to third party licensees worldwide. The ideal candidate must be very precise and perceptive with strong communication and computer skills and be able to work independently.

Key Accountabilities & Deliverables:

• Allocating revenues to the appropriate contracts and authors.

• Allocation of money between Pearson and authors with respect to appropriate split percentages as per the terms of the contract.

• Analyzing the royalty statements/ advance contracts/ permission agreements.

• Extracting relevant data from the royalty statements and keying it in a customized internal ERP software- Rights Accounting Module (RAM).

• Handling Non Subrights and Unearned Payments Allocation.

• Timely completion of the Cash allocation: Advances, Royalties, Permissions.

• Investigate the unidentified cash and keep the unapplied cash to a minimum.

• Interaction with other teams: Pearson Shared Operations Group (UK), PT Group (UK).

• Preparation of various monthly, weekly and daily reports.

Additional Responsibilities:

• Assists manager with special projects as directed.

• Follow up with the UK counterparts regarding the open queries.

• Key Challenges: The candidate must be able to adapt himself/herself to this versatile process which involves a large number of small-scale projects that require timely delivery. Being a role that affects royalty payouts and other financial aspects of publishing, candidate must be able to deliver the highest level of accuracy, as defined by each of these project(s).

Essential:

General knowledge of accounting functions.

Commerce background.

Proficient in Microsoft Office Applications; Excel, Word as well as an aptitude for mainframe applications.

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What to expect from Pearson

Did you know Pearson is one of the 10 most innovative education companies of 2022?

At Pearson, we add life to a lifetime of learning so everyone can realize the life they imagine. We do this by creating vibrant and enriching learning experiences designed for real-life impact. We are on a journey to be 100 percent digital to meet the changing needs of the global population by developing a new strategy with ambitious targets. To deliver on our strategic vision, we have five business divisions that are the foundation for the long-term growth of the company: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills and Higher Education. Alongside these, we have our corporate divisions: Digital & Technology, Finance, Global Corporate Marketing & Communications, Human Resources, Legal, Strategy and Direct to Consumer. Learn more at We are Pearson.

We value the power of an inclusive culture and also a strong sense of belonging. We promote a culture where differences are embraced, opportunities are accessible, consideration and respect are the norm and all individuals are supported in reaching their full potential. Through our talent, we believe that diversity, equity and inclusion make us a more innovative and vibrant place to work. People are at the center, and we are committed to building a workplace where talent can learn, grow and thrive.

Pearson is an Affirmative Action and Equal Opportunity Employer and a member of E-Verify. We want a team that represents a variety of backgrounds, perspectives and skills. The more inclusive we are, the better our work will be. All employment decisions are based on qualifications, merit and business need. All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, sexual orientation, gender identity, gender expression, age, national origin, protected veteran status, disability status or any other group protected by law. We strive for a workforce that reflects the diversity of our communities.

To learn more about Pearson’s commitment to a diverse and inclusive workforce, navigate to: Diversity, Equity & Inclusion at Pearson.

If you are an individual with a disability and are unable or limited in your ability to use or access our career site as a result of your disability, you may request reasonable accommodations by emailing ppsmhr@pearson.com.

Note that the information you provide will stay confidential and will be stored securely. It will not be seen by those involved in making decisions as part of the recruitment process.

Job: FINANCE

Organization: Corporate Finance

Schedule: FULL_TIME

Req ID: 10753