ECPA Career Center

Royalty Accountant I

InterVarsity Press
Illinois, United States
7 days ago

Description

To advance the purpose of InterVarsity Press, this position will be responsible for recording author royalty and licensing transactions in the contract accounting ledger. The Royalty Accountant will be responsible for general royalty accounting, month-end closing processes, and assisting with balance sheet account reconciliations, where possible. The Accountant will assist with the annual audit.

MAJOR RESPONSIBILITIES

Personal:

Be a maturing disciple of Jesus Christ: growing in love for God, God's Word, God's people of every ethnicity and culture, and God's purposes in the world

General Accounting

  • Process and compile data for the periodic royalty reports

  • Prepare royalty reports (quarterly, semi-annually, annually, as required per related contracts/agreements

  • Calculate royalties payable for the reporting period

  • Interpret and analyze royalty contracts/agreements, with guidance from the editorial team and

    Royalties/Rights supervisor, to ensure proper royalty accounting

  • Maintain Excel spreadsheet to reconcile royalty balance accounts

  • Maintain and update accounting systems to properly record financial transactions

  • Develop operational procedures and documentation of process flows including development of

    checklists

  • Other duties as assigned, including ad hoc analysis and projects as requested

Financial Analysis

  • Assist with reporting by providing royalty performance and analysis reports

  • Assist with the preparation of audit reports as assigned; work with external auditors to provide an

    understanding of processes and supporting documentation

  • Prepare other reports and assist in special projects and analysis as required or requested by supervisor and Director of Finance and Fulfillment Operations

Administrative

  • Communicate with authors with status updates and questions in a timely manner

  • Support internal customers by researching questions

  • Support monthly forecasting, annual budgeting, and strategic planning. Perform relevant key performance indicators (KPI) analysis

  • Assist in improving the royalty reporting process

  • Identify problems and propose effective solutions and bring solutions to a successful completion
  • Support monthly forecasting, annual budgeting, and strategic planning. Perform relevant key performance indicators (KPI) analysis
  • Scan and file royalty documents including contracts and relevant emails or letters.

  • Ensure proper retention, filing, and handling original, approved contracts in fire file.

  • Maintain author and royalty related correspondence in appropriate files.

  • Maintain audit documentation.

Contribute to the effectiveness of the team:

  • Perform office functions to support own work

  • Provide analysis of author accounts as requested by management

  • Provide suggestions and ideas on process and workflow improvement

Maintain technical and professional growth and development:

  • Stay current with computer programs InterVarsity uses to support the above functions

  • Attend workshops and classes as necessary



Requirements

  • Annually affirm InterVarsity’s Statement of Faith

  • Bachelor’s degree or equivalent experience is required

  • A minimum of 2 years of relevant accounting experience

  • Experience with Royalty Tracker preferred

  • Effective oral and written communication skills

  • Ability to organize events and the details involved

  • Ability to maintain accurate records and files

  • Ability to take charge of tasks and work independently without close supervision

  • Ability to develop procedures for doing work

  • Ability to multi-task and prioritize in a fast-paced, constantly changing environment

  • Ability to work under the pressure of deadlines

  • Open to learn new concepts, methods and skills

  • Strong communication and analytical skills and attention to detail

  • Working knowledge of Microsoft software applications (Word, Excel, Outlook, and PowerPoint) preferred

  • Demonstrated ability and commitment to work in a diverse team environment

  • Flexibility to attend the Urbana Student Missions Conference every six years, Dec 26-Jan 1, and National

    Staff Conference every three years (the year after Urbana), approximately Jan 2-7.

Job Information

  • Job ID: 59209036
  • Location:
    Illinois, United States
    Westmont, Illinois, United States
  • Position Title: Royalty Accountant I
  • Company Name: InterVarsity Press
  • Job Function: Finance (Credit,
    Accounting,
    Bookkeeping)
  • Job Type: Full-Time
  • Job Duration: Indefinite
  • Min Education: BA/BS/Undergraduate
  • Min Experience: 2-3 Years
  • Required Travel: 0-10%

Please refer to the company's website or job descriptions to learn more about them.

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