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About the Role
The Royalty Analyst will review new contracts, input payment and royalty information into the royalty system, manage author advance payments, review royalty statements, and ensure timely and accurate reporting. This role also involves responding to author and agent inquiries regarding royalties, requiring strong customer service skills.
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
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
- Candidates must be able to reliably commute to the office
Skills
- Excel proficiency
- System and procedure comprehension
- Verbal communication
- Written communication
- Customer service
- Problem solving
- Research
- Results driven
- Organizational skills
- Multi-tasking
- Prioritization
- Time management
- Attention to detail
Location
- New York, NY
- Boston, MA
Work Type
- Hybrid
- On-site (3 days/week)
- Overtime as needed
Experience Level
- 1-2 years
Education Level
- College Degree preferred
Salary/Compensations
- $55,500 (New York Office)
- $51,100 (Boston Office)
Benefits
- Medical
- Dental
- Vision
- Basic and supplemental life insurance
- Short-term and long-term disability
- Accidental death and dismemberment insurance
- Critical illness insurance
- Hospital indemnity insurance
- Long-term care insurance
- Health and dependent care FSA
- Commuter benefit plan
- Employee assistance program
- Tuition reimbursement
- Travel assistance
- 401(k)
- Discretionary bonus program
- PTO (15 vacation days, 3 personal days, 10 holidays and generous sick leave)
- Group discounts on auto and home insurance
- Group discounts on legal services
About the Company
- Hachette Book Group is a leading US general-interest book publisher.
- The company is made up of dozens of esteemed imprints.
- They provide custom distribution, fulfillment, and sales services to other publishing companies.
- The mission is to make it easy for everyone to discover new worlds of ideas, learning, entertainment, and opportunity.
Equal Opportunity
- Hachette Book Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
- This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.