Job Description
Accountabilities:
Review and interpret royalty-related contract terms using EXARI/Conga to identify contract references, payment obligations, royalty rates, reporting requirements, and key commercial clauses.
Process royalty payments based on executed contracts received, ensuring payments are accurate, timely, and aligned with contractual terms.
Validate contract data, including payee information, effective dates, payment schedules, royalty percentages, territories, products, and applicable deductions.
Maintain accurate records of contract references, payment calculations, approvals, and supporting documentation.
Partner with Legal, Finance, and Contract/Content Management teams to clarify contract terms and resolve discrepancies.
Track incoming contracts and ensure required royalty payment actions are completed within established deadlines.
Prepare royalty payment calculations and supporting schedules for review and approval.
Reconcile royalty obligations against contract terms, payment history, and internal financial records.
Investigate and resolve payment issues, including missing contract references, incomplete documentation, rate discrepancies, and vendor/payee questions.
Ensure compliance with internal controls, approval workflows, audit requirements, and company payment policies.
Support month-end, quarter-end, and year-end close activities related to royalty accruals, payments, and reporting.
Generate reports on royalty payment status, outstanding contracts, pending approvals, and completed transactions.
Maintain confidentiality of contract, financial, and payee information.
Recommend process improvements to enhance royalty payment accuracy, contract tracking, and workflow efficiency within EXARI/Conga and related systems.
Assist with audits by providing contract references, payment backup, calculation details, and documentation as needed.
Qualifications:
Bachelor's degree in accounting or any Accounting-related field
At least 2 years of relevant experience in Accounting or Finance
Strong understanding of accounting principes
Ability to analyze and explain account balances beyond system-generated data
Good interpersonal skills; and ability to work with a diverse group of people
Strong written and verbal communication skills.
Must be independent yet a strong team player
Ability to quickly learn and apply enterprise AI tools and technologies to support technical workflows and business objectives.
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