Licensing Compliance Consultant – hybrid

A Licensing Compliance Consultant is needed for a contract opportunity with our client in New York, NY. Primarily a collections role 50% of the time, and 50% is royalties.

• 1 day onsite (Tuesday) Hybrid
• Hours: 9am start Monday-Friday is standard

Principal Responsibilities – Royalty Compliance

• Review contracts for financial terms and compare to royalty statements, checking for compliance
• Tracing financials through a contract’s life cycle to identify and resolve discrepancies
• Advise internal teams how to correct entry errors that prevent statement processing
• Advise licensees how to resubmit statements that cannot be processed due to errors
• Troubleshoot access issues when licensees are not able to access our system
• Troubleshoot inquiries from Finance and offshore royalty reporting teams
• Complete ad hoc special projects and provide reporting for management as needed

Principal Responsibilities – Cash Collections/Compliance

• Reach out to licensees (customers) to collect/resolve open AR balances and royalty compliance issues
• Maintain collection reason codes to accurately identify status of open receivables
• Monitor cash expected from licenses to ensure they are received in a timely manner
• Manage internal/ external ad-hoc requests as they relate to invoice account balances
• Point person for all withholding tax certificates ensuring they are received and sent to client tax
• Assist cash application team resolve unapplied payments
• Provide support to Sales Team and Finance Dept. as needed
• Play an active role during month end close

Qualifications:

• 3-5 years of relevant global licensing industry work experience
• B.A., B.S. in Business or Finance
• Strong understanding of General Accounting Principles (royalty accounting is a plus)
• Strong ability to trace an issue to find its root cause and final impact
• Strong ability to understand and interpret contracts
• Strong Microsoft Excel skills
• Strong written and oral communication skills
• Strong time management and organizational skills
• Proactive mindset with ability to provide creative solutions to complex problems
• Detail oriented with ability to see the big picture and work on cross-divisional projects with many stakeholders
• Ability to multitask and manage diverse projects and assignments
• Ability to work independently and collaboratively (i.e. leader as well as team player)
• Experience in operations finance, accounting, and operations management preferred
• Prefer royalties experience with publishing royalties
• Royalty AND experience/knowledge in cash collections is preferred.
• Royalties exp in the music/publishing/media arena would be nice to have
• Royalty accounting is a HUGE plus