Licensing Compliance Consultant Job at MedStar Health, New York, NY

ZlRUMWJDelNRVkZZSVVINzdacFRoR0tOSmc9PQ==
  • MedStar Health
  • New York, NY

Job Description

Is specific industry experience required? Prefer royalties experience with publishing royalties Royalties exp in the music/publishing/media arena would be nice to have Is this for a specific project? If so - please provide detail here on what this role will be working on. What are the main 3-5 responsibilities of this resource? Primarily a collections role 50% of the time, and 50% is royalties What are the TOP Critical Skills or Must Haves skills a candidate should have on their resume in order to be considered? If your candidate has royalty AND experience/knowledge in cash collections, this is preferred. Royalties exp in the music/publishing/media arena would be nice to have 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 Nice to Have: royalty accounting is a HUGE plus Deal Breakers? Prefer candidates who are able commit to the duration of the assignment POSITION TITLE: Licensing Compliance Consultant DEPARTMENT: Global Consumer Products Business Operations 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 Viacom 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 * B.A., B.S. in Business or Finance #J-18808-Ljbffr MedStar Health

Job Tags

Contract work, Work experience placement,

Similar Jobs

Manpower Inc

Industrial Painter Job at Manpower Inc

Our client, a leading manufacturer in the industry, is seeking an Industrial Painter to join their team. As a Painter, you will be part of the production department supporting the overall manufacturing process. The ideal candidate will have attention to detail, effective... 

Veralto

Global Procurement Manager Job at Veralto

 ...options+ Career coaching and development opportunitiesReporting to the Sr. Director Global Supply Chain Management, the Global Procurement Manager, will play a crucial role in overseeing all aspects of strategic procurement with respect to commodity management, supplier... 

Naptha AI

AI Agent Engineer Job at Naptha AI

 ...contributionsAbout The Hiring ProcessInitial technical screenCoding exerciseTeam interviewFinal discussionCompensation &...  ...to grow your skills in a rapidly evolving field.Seniority levelEntry levelEmployment typeFull-timeJob functionSales and Business... 

AllClear Aerospace & Defense

Quality Assurance Manager Job at AllClear Aerospace & Defense

 ...Manager, Quality Regular, Full-Time; Exempt Camarillo, CA. About AllClear Aerospace & Defense AllClear Aerospace & Defense...  ...managed repair services, engineered products, manufacturing, and logistics solutions. AllClear represents more than 30 years of defense... 

NoGigiddy

(Remote) - Virtual Assistant - 18.00 - 21.00/hour Job at NoGigiddy

 ...Job Description: Enjoy the flexibility of working part-time from home with a leading virtual assistant provider. You can have a meaningful career working from home part-time while being present and available for loved ones, too. We are looking for highly motivated...