About Springer Nature Group
Springer Nature opens the doors to discovery for researchers, educators, clinicians, and other professionals. Every day, around the globe, our imprints, books, journals, platforms, and technology solutions reach millions of people. For over 180 years our brands and imprints have been a trusted source of knowledge to these communities and today, more than ever, we see it as our responsibility to ensure that fundamental knowledge can be found, verified, understood, and used by our communities – enabling them to improve outcomes, make progress, and benefit the generations that follow.
About the Role
The Book Royalty Specialist will play a crucial role in managing and administering royalty payments to authors and contributors for their published works. The role enables the users to interpret contractual clauses/terms and conditions which speak about the royalties amount to be paid to the beneficiaries like authors, editors, series editors, agents, contributors and so on. The role also comes with contract entry and payment processing in the applications used by Springer Nature, maintaining Business Partner database, regular review of Contracts and payments, communicating with internal teams and stakeholders, analyzing data etc. Ad-hoc requests and/or special projects also form a part of this profile.
Role Responsibilities:
The responsibility for this role includes but is not limited to:
Processing contracts and payments: Entering contracts analyzing contract clauses in the system and thereafter processing payments based on both contractual terms and the payment request raised. Auditing processed contracts and payments: Reviewing and examining contracts and payments already entered in the system and helping the team implement various Quality Control Mechanism for ensuring timely and accurate payments. Maintaining database for Business Partners: Creating and maintaining Business Partner records in the database at header level (including Name, Address, Email ID etc.) after carefully looking for potential duplicates. Report on team performance data and present them before the management team: Working cautiously on team performance data every month, prepare a detailed report of it and present the same before the team and management. Data allocation: Regular allocation of tasks based on data extracted from various resources in rotation every month to ensure efficiency in the process. Preparing multiple reports on daily basis: Preparation of small reports for working on such contracts and payments where any modification is required. Communication with different internal teams and external contacts: This includes the responsibility for following up on missing information, resolving queries internally, and answering questions from internal and external teams. Additional activities (non-related to typical production): Activities other than Contract and payments processing, like Knowledge Sharing sessions, Communication Development sessions etc. also form an integral part of the system. Ad-hoc responsibilities: There could be several other tasks than the aforementioned responsibilities that come from time to time, like working on modifying migrated contracts, ad-hoc payment requests, working on other special cases during royalty runs every year, and is inevitable for the smooth running of the system. Support for queries raised by different teams: Answering queries raised by Business Partners, internal and external teams to locate payments, contracts, Royalty statement, 10CCD Tax Form (which includes filling up such forms along with queries or requests), clarification on the daily tasks that is performed etc., are pertinent to the process.
Essentials:
The skills required for the job role discussed above includes but is not limited to:
Data analysis and data management ability for analyzing and reporting team data, maintain such records as backup. Basic MS Office knowledge. Excellent communication skills: Verbal and Written. Ability of understanding and interpreting contractual terms and conditions. Agility, pro-activeness, eye for detail, transparency, openness, keen and quick learner, creative, collaborative in teamwork, consistency, and regularity. Adaptability to work in diverse work environment.
Qualification Required:
Law Graduate (Fresher).
At Springer Nature, we value the diversity of our teams and work to build an inclusive culture, where people are treated fairly and can bring their differences to work and thrive. We empower our colleagues and value their diverse perspectives as we strive to attract, nurture and develop the very best talent.
Springer Nature was awarded Diversity Team of the Year at the 2022 British Diversity Awards. Find out more about our DEI work here https://group.springernature.com/gp/group/taking-responsibility/diversity-equity-inclusion
If you have any access needs related to disability, neurodivergence or a chronic condition, please contact us so we can make all necessary accommodation.
For more information about career opportunities in Springer Nature please visit https://springernature.wd3.myworkdayjobs.com/SpringerNatureCareers
Job Posting End Date: