Royalty Analyst

Hachette Book Group•New York, NY

8d•$51,100 - $55,500•Hybrid

About The Position

Hachette Book Group is seeking a talented Royalty Analyst to support their Finance team. The Royalty Analyst is responsible for reviewing all new contracts acquired by Hachette Book Group that fall into their imprint assignments and inputting the relevant payment and royalty information into the royalty system. They are responsible for all contractual author advance payments, reviewing cycle royalty statements, and ensuring timely and accurate reporting. In addition, they will respond to author and agent partners concerning royalty inquiries, which requires exceptional customer service skills. The ideal candidate will have strong communication skills, as they will need to work closely with departments all over the company, including editorial, contracts, and accounts payable. In total, the royalty department is responsible for approximately 18,000 agreements, and payouts totaling over $100 million annually. This position will report to a Royalty Manager.

Requirements

1-2 years’ experience in an accounting/financial position
Ability to analyze and interpret contracts
Proficiency in Excel and ability to grasp new systems and procedures quickly and accurately
Strong communication skills (verbal and written) in both individual and group settings regardless of audience
Excellent customer service skills
Effective problem solving and research skills
Must be results driven and take appropriate steps to achieve goals while taking ownership of situations as needed
Excellent organizational skills with the ability to multi-task, prioritize and manage time effectively while also ensuring accuracy of work through attention to detail

Nice To Haves

College Degree preferred

Responsibilities

Maintain royalty and contractual information in royalty system
Track and pay contractual obligations to authors
Review tax documents to ensure appropriate tax withholding for foreign payees
Investigate contractual discrepancies
Validate monthly financial data for month-end general ledger reporting
Assist in monthly financial close process
Review and process cycle royalties to ensure accuracy and timely payment
Resolve inquiries from editorial, contracts, accounts payable, sales, and other departments
Respond to Authors and Agents concerning advance and royalty queries
Monthly review of active ISBNs for new products to be entered into royalty system
Monthly review of scanned documents for contractual changes and payee/address updates
Review and enter semiannual intercompany sales data from UK sister companies
Assist our subrights accountant as needed
Assist the Royalty Director and other team members
Research and analyze data as needed