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Financial Operations Professional

Financial Operations Professional

Pearson

2 - 7 years

4 - 7 Lacs

noida

Posted:1 day ago| Platform:

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Skills Required

analytical skills excel compliance reconciliation financial operations data integrity licensing accounting software supervision

Work Mode

Work from Office

Job Type

Full Time

Job Description

Analyses royalty data, applies cash receipts resulting from third party sub-licensing agreements to authors accounts
Assists in the preparation of royalty reconciliation while maintaining the integrity of the royalty calculations database
Interprets, documents and inputs royalty and subsidiary rights contract information into the royalty system
Credits authors accounts with their share of domestic and foreign subsidiary rights income received

Job responsibilities and accountabilities

*General Profile

*Role requiring at least 2 years of work experience with developed knowledge and skills acquired through formal training or work experience, working within defined processes and procedures with moderate supervision

Expertise

*Verify royalty statements reported by third party Subrights customers and assists in calculation of royalties for accuracy and compliance with contractual terms
Maintains up-to-date records of customer statements, payment transactions, and related documentation within royalty systems
Ensure data integrity and accuracy in all royalty-related records
Coordinates the timely and accurate processing of royalty payments reconciliation
This includes extensive research of Subrights invoices generated, identifying transaction type, and reconciling payments with accounting records
Reviews royalty payment calculations and ensure accuracy in payment amounts
Verify payment details against contractual terms, usage reports, and other relevant documentation
Provides timely and accurate responses to customer queries and collaborate with stakeholders to resolve any issues
Assists in preparing periodic reports on royalty payment matching, statement trends, and financial performance for internal stakeholders and external partners
Generate ad-hoc reports as requested to facilitate decision

Accountability

*Works within defined processes and procedures or methodologies Applies judgment based largely on practice, precedent and guidelines

Leadership

*Manages own workload with some direction from managers/ supervisors
Impacts own team and potentially internal customers
May provide informal guidance to less experienced colleagues

Influence

*Uses communication skills to exchange moderately complex information
Typically manages relationships within own team

Skills, knowledge, behaviours

*Strong analytical skills with the ability to review and interpret financial data accurately
Proficiency in Microsoft Excel and other accounting software/tools commonly used in the industry
Excellent attention to detail and organizational skills
Effective communication and interpersonal abilities, with the ability to collaborate across departments and communicate financial concepts clearly

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