Royalty Accounting Manager

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

📋 Description

• Supervise royalty accounting tasks executed by an offshore service provider, ensuring precision and prompt processing.

• Track royalty statements, licensing income, author and third-party payments, as well as associated financial transactions.

• Examine payment discrepancies, processing exceptions, and accounting inconsistencies.

• Offer direction to offshore teams regarding corrective measures, process requirements, and quality standards.

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

• Coordinate financial controls, SOX-related activities, and the requirements for internal and external audits.

• Review monthly royalty expenses, identifying unusual transactions, variances, and potential payment issues.

• Manage reconciliations for monthly and annual royalty payments while assessing impacts on the general ledger.

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

• Coordinate write-offs, refund processes, and activities related to annual 1099 forms.

• Ensure accurate financial documentation, reconciliation records, and audit evidence are maintained.

• Monitor the performance, accuracy, and timeliness of offshore accounting operations.

• Identify operational risks and implement corrective or preventive measures.

• Work alongside cross-functional stakeholders to resolve financial and system-related concerns.

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

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

⛳️ Requirements

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

• A minimum of 4 years of relevant professional experience in royalty accounting, financial operations, accounting controls, publishing accounting, or related fields.

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

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

• Strong background in financial reconciliations, financial controls, audit support, and general ledger accounting.

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

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

• Strong written and verbal communication skills.

• Capability to independently manage priorities, investigate discrepancies, and adhere to deadlines.

• Keen attention to detail and the ability to collaborate effectively across multiple departments.

• Must currently reside in Texas, United States.

• Availability to work full-time during Eastern Time business hours is required.

• 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 testing financial systems or validating accounting results following system changes.

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

🏝️ Benefits

• Fully remote opportunity for professionals currently residing in Texas.

• Full-time schedule during Eastern Time business hours.

• Company-provided laptop.