MBA Jobs in Noida – Operations & Accounting Administrator | Pearson Careers

B3-Senior Royalty Operations & Accounting Administrator

 

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

Location: Noida

 

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