Royalty Services Analyst

Dolby Laboratories, Inc.•Millcreek Township, PA
•$68,000 - $88,000•Hybrid

About The Position

Join the leader in collaborative licensing and help us advance inclusive and efficient new patent licensing approaches to drive innovation globally. Via Licensing Alliance is dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced IP licensing solutions for innovators and manufacturers of all sizes around the globe. Via administers dozens of patent licensing programs in audio, video, broadcast, power, and more for a variety of technologies, consisting of 25,000 patents in over 130 countries, with nearly 100 current patent holders and over 3,000 current licensees. Via Licensing Alliance, a subsidiary of Dolby Laboratories, is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. We are the world's largest patent pool administrator. We aggregate patents around key innovations and offer licensing solutions that give companies streamlined access to standardized technologies. For decades, we have served as a trusted bridge between our licensors and licensees, driving a strong and efficient IP licensing environment that yields better products and technologies for people around the world.

Requirements

  • Think analytically and critically; demonstrate the ability to solve problems within set guidelines and help other team members with problem-solving
  • Be detail-oriented; our processes are dependent on data accuracy, and our success is driven by providing clean and accurate reporting
  • The ability to multi-task based on business priorities and tight deadlines and proactively plan for the team accordingly is essential
  • Work autonomously, take initiative, and be confident in decision-making, as well as communicate workload and balance projects with other team members
  • Understand and apply a high level of internal controls and produce work that is of the highest professional quality
  • Demonstrate sound judgement and decision making
  • Ability to prioritize multiple demands and work well under pressure
  • BS degree in Accounting, Finance, Mathematics, Economics or a related subject or equivalent experience preferred
  • 2+ years proven relevant work experience preferred
  • Demonstrated ability to lead projects and individuals
  • Strong Office 365 skills (Outlook, Excel, Teams, SharePoint, etc.)
  • Proven experience in quantitative and qualitative data analysis and reporting
  • Advanced written and verbal communication skills; strong analytical abilities

Responsibilities

  • Processing Licensee royalty reporting
  • Preparing invoices
  • Providing excellent customer service to large corporate accounts
  • Handling complicated questions regarding royalty reporting, billing, and taxes from customers worldwide
  • Working with large amounts of data to analyze royalty reporting and payment collection trends
  • Assisting management with month-end, quarter-end and year-end financial close activities
  • Maintaining and enhancing Licensee customer relationships through professional email correspondence
  • Learning new and updating existing skills to meet the position requirements as they evolve
  • Serving as a lead in the training of new team members and providing guidance to team members regarding communications to Licensees
  • Developing a good understanding of royalty calculation and allocation methods
  • Strict adherence to internal controls and operational protocols
  • Handling with excellence a large workload consisting of high-volume reporters and different levels of difficulty in accounts
  • Managing all aspects and being the main point of contact for the assigned Licensee accounts
  • Monitoring the day-to-day operations related to Licensee communications, royalty reporting, invoicing, and the collection of payments to ensure proper handling of information in the company’s systems and document in the ticketing system
  • Responding via email to requests promptly and appropriately, communicating complicated information in a clear and concise manner while maintaining the companies service level expectations
  • Providing guidance to team members regarding communications to be sent to customers according to department guidelines
  • Participating in the training path of new team members to gain knowledge, understand processes and drive toward key results of the team and department
  • Performing daily tasks efficiently and independently while ensuring adherence and consistency in the application of all established processes and procedures in accordance with SOC 1, SOX, or other requirements
  • Making recommendations to management regarding departmental processes, procedures, and internal software systems to ensure that they are effective, efficient and mitigate errors and are properly documented
  • Understanding royalty calculation and allocation methods and licensing agreements
  • Confirming accuracy of royalty calculations by having a strong understanding of different pool royalty calculation and allocation methodologies and implications of patent changes
  • Assisting in implementing and testing changes to internal software systems, including adding development recommendations through the IT ticketing system
  • Processing, analyzing, and managing large amounts of data in Excel and developing strong knowledge of proprietary software applications

Benefits

  • Flexible work options (9/80 schedule)
  • Competitive compensation (base + bonus)
  • Comprehensive medical, dental, and vision coverage with Health Savings Account contributions
  • 401(k) with 50% company match on the first 6% of eligible pay you contribute on a pre-tax or Roth basis
  • Employee Stock Purchase Plan (ESPP)
  • Generous holiday, vacation and sick leave
  • Supportive maternity, child bonding, and family care leave programs as well as short and long-term disability benefits
  • Programs and resources to support your physical, financial and social well being
  • Social activities including team events and onsites, all-company updates and retreat
  • Catered weekly lunch + snacks and drinks when working in the office
  • Temporary remote work option for qualified positions
  • Tuition Reimbursement Program
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