Job Description

Purpose: The ideal candidate will be responsible for applying and allocating payments received by Pearson, for publication rights given to third-party licensees worldwide. The ideal candidate must be very precise and perceptive with strong communicat

Purpose: The ideal candidate will be responsible for applying and allocating payments received by Pearson, for publication rights given to third-party licensees worldwide. The ideal candidate must be very precise and perceptive with strong communication and computer skills and be able to work independently. Key Accountabilities & Deliverables: Allocating revenues to the appropriate contracts and authors. Allocation of money between Pearson and authors with respect to appropriate split percentages as per the terms of the contract. Analyzing the royalty statements/ advance contracts/ permission agreements. Extracting relevant data from the royalty statements and keying it in a customized internal ERP software- Rights Accounting Module (RAM). Handling Non-Subrights and Unearned Payments Allocation. Timely completion of the Cash allocation: Advances, Royalties, Permissions. Investigate the unidentified cash and keep the unapplied cash to a minimum. Interaction with other teams: Pearson Shared Operations Group (US), PT Group (US). Preparation of various monthly, weekly, and daily reports. Additional Responsibilities: Assists manager with special projects as directed. Follow up with the US counterparts regarding the open queries. Key Challenges: The candidate must be able to adapt himself/herself to this versatile process which involves a large number of small-scale projects that require timely delivery. Being a role that affects royalty payouts and other financial aspects of publishing, the candidate must be able to deliver the highest level of accuracy, as defined by each of these project(s). Core Technical/Functional Competencies: Essential: General knowledge of accounting functions. Commerce background. Proficient in Microsoft Office Applications Excel, and Word as well as an aptitude for mainframe applications. Desired: Some Access or Business Objects knowledge is helpful. The ability to write Sequel (SQL) queries a plus. SAP experience is helpful. #li-post