Job Function:
The Royalty Operations and Accounting Assistant is responsible for analyzing royalty data and supporting the preparation of royalty reconciliations, while ensuring the integrity of the royalty calculations and statements. This role entails conducting thorough reviews and precise interpretations of royalty, advance payments, and product structures to ensure accurate and compliant royalty disbursements, fully aligned with contractual obligations. Additionally, the assistant oversees the meticulous archiving of documents and accurately inputs royalty and subsidiary rights contract information into the royalty system. Collaboration with internal teams, including Portfolio and Legal, is essential to resolve inquiries and facilitate the seamless execution of royalty operations.
Job Responsibilities and Accountabilities:
General Profile:
Role suited for individuals with limited or some years of experience, expanding skills within the Rights and Royalties domain.
Responsible for seamless oversight of agreements and royalty data, contributing to the overall success of the Team.
Engages in collaborative efforts to drive accurate royalty payouts through effective communication and teamwork.
Expertise:
Develops knowledge of royalty data analysis, reconciliation, and contract terms.
Learns standard processes and procedures related to royalty operations.
Accountability:
Identifies and resolves routine problems related to royalty data and documentation; selects appropriate solutions from established options.
Decisions primarily affect own work.
Leadership:
Manages workload under direct supervision, ensuring high-quality contributions to team performance.
Adapts behavior and approach to suit different tasks and challenges.
Archiving documents to the document library following a thorough review of agreements.
Implement data retention policies in accordance with regulatory requirements and client agreements.
Influence:
Communicates relevant information clearly and professionally.
Develops positive relationships with team members to foster collaboration.
Skills, Knowledge, Behaviors:
Strong attention to detail in royalty data analysis and reconciliation.
Proficient in data maintenance; familiarity with Intellectual Property Management systems is a plus.
Ability to manage workload efficiently and meet deadlines.
Ensures data integrity and compliance through proper handling and archiving of legal and contractual documents.
Excellent communication and organizational skills for effective collaboration within the team.