US Tech Solutions • New York, NY 10176
Job #2694369070
Hybrid: 2 days on site(Tuesday and floating day)
Top 3 Skills: 3-5 years of relevant global licensing industry work experience, Experience in operations finance, accounting, and operations management preferred, knowledge of general accounting principles, strong excel skills,
Other Skills/Nice to Haves: royalty accounting is a HUGE plus
POSITION TITLE: Licensing Compliance Consultant
DEPARTMENT: Global Consumer Products Business Operations
Location: Broadway, NY
Duration: 12 months (can extend depending upon performance and business needs)
Principal Responsibilities - Royalty Compliance
Review contracts for financial terms and compare to royalty statements, checking for compliance
Tracing financials through a contract's life cycle to identify and resolve discrepancies
Advise internal teams how to correct entry errors that prevent statement processing
Advise licensees how to resubmit statements that cannot be processed due to errors
Troubleshoot access issues when licensees are not able to access our system
Troubleshoot inquiries from Finance and offshore royalty reporting teams
Complete ad hoc special projects and provide reporting for management as needed
Principal Responsibilities - Cash Collections/Compliance
Reach out to licensees (customers) to collect/resolve open AR balances and royalty compliance issues
Maintain collection reason codes to accurately identify status of open receivables
Monitor cash expected from licenses to ensure they are received in a timely manner
Manage internal/ external ad-hoc requests as they relate to invoice account balances
Point person for all withholding tax certificates ensuring they are received and sent to *** tax
Assist cash application team resolve unapplied payments
Provide support to Sales Team and Finance Dept. as needed
Play an active role during month end close
Skills
Strong understanding of General Accounting Principles (royalty accounting is a plus)
Strong ability to trace an issue to find its root cause and final impact
Strong ability to understand and interpret contracts
Strong Microsoft Excel skills
Strong written and oral communication skills
Strong time management and organizational skills
Proactive mindset with ability to provide creative solutions to complex problems
Detail oriented with ability to see the big picture and work on cross-divisional projects with many stakeholders
Ability to multitask and manage diverse projects and assignments
Ability to work independently and collaboratively (i.e. leader as well as team player)
Experience/Knowledge
3-5 years of relevant global licensing industry work experience
Experience in operations finance, accounting, and operations management preferred
Education/Background
About US Tech Solutions:
US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit ~~~ (~~~/) .
US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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