Senior Royalty Operations and Accounting Administrator

About Pearson:

Pearson is the worlds leading learning company, dedicated to helping everyone realize the life they imagine. We help people reach their potential and add life to a lifetime of learning. We have more than 20,000 employees that deliver our products and services in nearly 200 countries, all working towards a common purpose to help everyone achieve their potential through learning. We do that by providing high quality, digital content and learning experiences, as well as assessments and qualifications that help people build their skills and grow with the world around them. For more information, visit www.pearson.com.

General Profile

• Experienced administrative role working with limited supervision, having atleast 3 years of work experience, and using existing procedures to solve standard problems. 
• Strong understanding of accounting principles, financial reporting standards, and royalty calculations.

Expertise

• Verify royalty statements reported by third party Subrights customers and assists in calculation of royalties for accuracy and compliance with contractual terms.
• Manage the reconciliation of royalty accounts, investigating and resolving discrepancies in a timely manner.
• 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 making.
• Collaborate with cross-functional teams, including Legal, GRL, AR and Finance, to ensure comprehensive understanding of contractual obligations and reporting requirements.
• Ensures compliance with contractual agreements, sanctions, and industry regulations governing royalty payments reported by Subrights customers. Stay informed about changes in regulations and implement internal audit best measures as necessary.
• Develop and implement improvements to existing processes and systems to enhance efficiency and accuracy in royalty calculations and reporting.

Accountability

• Performs complex or varied tasks with minimal supervision.
• Analyzes possible solutions using experience and/or formal education, judgment, and precedents. 
• Special projects handling to ensure continuous process improvement.

Leadership

• Work impacts own team and potentially internal and external customers. 
• Adapts approach in new situations and ambiguous circumstances; proactively seeks information to understand the reasons for change.

Influence

• Communicates moderately complex information, potentially through correspondence to internal or external customers.
• Negotiates within strict guidelines and with limited discretion with internal and potentially external customers.
• Develops relationships effectively within own area.
• Proficiency in Microsoft Excel and accounting software/tools commonly used in the industry.

Skills, Knowledge, Behaviours

• Excellent attention to detail, organizational skills, and ability to manage multiple tasks effectively.
• Strong analytical and problem-solving skills, with the ability to interpret financial data and identify discrepancies or trends.
• Effective communication and interpersonal abilities, with the ability to collaborate with cross-functional teams and communicate financial concepts clearly.
• Ability to work independently and collaboratively in a fast-paced environment, with a proactive and solution-oriented mindset.