Associate- Rights & Royalties (operations) (contracts) (sub-rights)
0 - 3 years
Job description :
Department - Rights & Royalties Dept. is responsible for applying and allocating payments received by Pearson, for publication rights given to third party licensees worldwide.
Job Purpose :
The Royalty Administrator will be responsible for providing support to the Supervisor. To ensure the accurate and timely production of royalty statements, the individual is responsible for analyzing royalty information as it relates to contracts / amendments and inputs that information into the Royalty Accounting System. The RCA must effectively interact with and maintain a strong customer service relationship with editors, business units, authors, and agents. The individual must be able to work under pressure and meet time sensitive deadlines to fulfill corporate and legal obligations.
This role will have responsibility for:
Overseeing the workflow of the day-to-day functions (e.g., contract entry; clearing sales suspense; etc.)
Analyzing and interpreting contracts, amendments and abstract forms
Handling complex author agreements and amendments
Inputting contract and financial information relating to royalties into the royalty system as well as performing general contract maintenance
Managing and clearing royalty sales suspense and subsidiary rights deferred items
Responding/resolving inquiries/requests from business units; editorial groups; legal department; contracts department; authors; agents and other groups both from inside and outside Pearson
Assisting Supervisor in preparation of monthly suspense packet
Monitoring workload through the Contracts Work Log (CWL) and providing monthly metrics of backlog in Excel
Monitoring workload through Excel file of month's work
Training
Participating in system enhancement training and development
Facilitating and participating in intra-department training
Identifying and participating in continuous process improvements
Providing general support to Supervisor
Required Candidate Profile :
Related work and academic experience
Work experience with contracts is preferable, ideally in publishing business/royalties
College degree is desirable, but may be waived for significant work related experience
Familiar with accounting functions
Customer service experience is desirable
Essential skills and competencies
Excellent written/verbal English communication skills
Organizational skills :
Ability to work independently without direct supervision
Ability to work well within and across teams
Analytical nature
Time management skills
Ability to deal with deadlines and pressure effectively
Ability to analyze/ interpret legal documents
Proficiency in all Microsoft applications
Perks and Benefits-Best in Industry