Role overview

Hachette Book Group is seeking a talented Royalty Analyst to support our Finance team. This role is responsible for reviewing new contracts, inputting royalty information into the system, managing author advance payments, and reviewing royalty statements to ensure timely and accurate reporting. You will also respond to author and agent inquiries regarding royalties, requiring exceptional customer service skills. Strong communication skills are essential, as you will collaborate with various departments including editorial, contracts, and accounts payable. The royalty department manages approximately 18,000 agreements with annual payouts exceeding $100 million. This position reports to a Royalty Manager.

Responsibilities

Maintain royalty and contractual information in the royalty system
Track and process 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 the 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 the 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

Qualifications

1-2 years’ experience in an accounting/financial position
College Degree preferred
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

Logistics

This role is based in our New York office or Boston, MA office. Employees are expected to work on-site three days per week in accordance with our hybrid work model. Candidates must be able to reliably commute to the office.

Application Information

Submit a resume and cover letter to be considered for this position.

Compensation and Benefits

Compensation for this position is $55,500 for the New York Office and $51,100 for the Boston Office. Salary can vary based on a number of factors including skills, experience, and location.
There may be times that you will be required (or requested) to work overtime due to the nature of your role or exceptional workload issues or special projects.
Benefits include: medical, dental, vision, basic and supplemental life, short-term and long-term disability, accidental death and dismemberment, critical illness, hospital indemnity, long-term care, 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), and group discounts on auto and home insurance and legal services. Eligibility requirements apply to some benefits and may depend on your job classification, hours worked and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms.

Royalty Analyst

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Job Description