Royalty Accounting Manager

This is a fully remote position, open to applicants in Texas.

📋 Description

• Supervise royalty accounting functions conducted by an offshore service provider, ensuring precision and prompt execution.

• Review royalty statements, licensing revenue, author and third-party payments, and associated financial transactions.

• Investigate discrepancies in payments, processing exceptions, and accounting irregularities.

• Offer direction to offshore teams regarding corrective measures, process necessities, and quality benchmarks.

• Manage advance payments and processes related to third-party royalty payments.

• Coordinate financial controls, SOX-related tasks, as well as internal and external audit requirements.

• Oversee monthly reviews of royalty expenses, identifying unusual transactions, variances, and potential payment concerns.

• Administer monthly and annual reconciliations of royalty payments and assess impacts on the general ledger.

• Collaborate with Finance, Accounts Payable, Legal, and other departments to investigate and resolve accounting issues.

• Facilitate write-offs, refund procedures, and annual 1099-related activities.

• Ensure accurate financial documentation, reconciliation records, and audit proof.

• Supervise and monitor the effectiveness, accuracy, and promptness of offshore accounting operations.

• Identify operational risks and execute corrective or preventive measures.

• Coordinate with cross-functional stakeholders to address financial and system-related challenges.

• Assist in financial system testing and validate accounting outcomes following system modifications.

• Maintain process documentation to ensure the continuity of essential accounting operations throughout the assignment.

⛳️ Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related discipline, or equivalent relevant professional experience.

• Minimum of 4 years of pertinent professional experience in royalty accounting, financial operations, accounting controls, publishing accounting, or related fields.

• Direct professional experience in royalty accounting, including managing royalty payments, statements, reconciliations, or related financial processes.

• Managerial or supervisory experience overseeing accounting teams, operations, or third-party service providers.

• Extensive experience with financial reconciliations, financial controls, audit support, and general ledger accounting.

• Advanced proficiency in Microsoft Excel, including complex formulas, financial analysis, reconciliations, and large-volume transactional data.

• Excellent analytical, investigative, and problem-solving abilities.

• Strong written and verbal communication skills.

• Capability to independently prioritize tasks, investigate discrepancies, and adhere to deadlines.

• Exceptional attention to detail and ability to collaborate across various departments.

• Must currently reside in Texas, United States.

• Must be available for full-time work during Eastern Time business hours.

• Must be able to receive and utilize a company-provided laptop.

• Preferred: Experience in publishing, media, entertainment, licensing, intellectual property, or rights management.

• Preferred: Familiarity with SOX compliance, audit documentation, and financial control testing.

• Preferred: Experience with Oracle or other ERP/accounting systems.

• Preferred: Experience in testing financial systems or validating accounting results after system changes.

• Preferred: Experience managing offshore teams or external accounting service providers.

🏝️ Benefits

• Fully remote work arrangement.

• Company-provided laptop.