Royalty Contracts Assistant - Noida, India - Corporate Finance

Description

B1.1 – Associate – Rights & Royalties

We are the world's learning company with more than 24,000 employees operating in 70 countries. We combine world-class educational content and assessment, powered by services and technology, to enable more effective teaching and personalized learning at scale. We believe that wherever learning flourishes so do people.

Job Purpose:

As an Royalties Contracts Assistant within the Contracts Team of the Rights and Royalties Department, you will play a pivotal role in ensuring the smooth processing of agreements between authors and our company. Your primary responsibilities will involve meticulously reading and analysing pre-drafted and signed agreements to assess clauses pertaining to advance and royalty payments. Leveraging and enhancing your understanding of operational parameters and administrative policies, you will accurately input relevant data into our Intellectual Property Management Suite and other tools used within the team.

Under the close supervision of senior team members, you will navigate day-to-day tasks with precision, adhering to established SLAs and operational controls. Your ability to manage your workload effectively, supported by occasional guidance from managers, will directly impact the efficiency of our team and the satisfaction of our internal stakeholders. Your clear and timely communication of information will facilitate smooth operations, and your ability to negotiate on matters related to your workload will be crucial.

The role of an Royalties Contracts Assistant offers an opportunity to develop a deep understanding of procedural intricacies within our technical domain while contributing to the overall success of the Contracts Team. If you are detail-oriented, possess a keen grasp of operational concepts, and thrive in a collaborative environment, we invite you to join our dynamic team and grow your career within our finance group.

Key Responsibilities:

Agreement Analysis and Archival:

• Conduct detailed analysis of pre-drafted and signed agreements, focusing on clauses related to advance and royalty payments.
• Review pre-drafted agreements and ensure compliance with operational standards.
• Index and archive legal paperwork accurately to be used for any further reference or audit requirements.

Following SLAs and Controls:

• Clear sales stuck in suspense accounts on priority to ensure accurate royalty payouts.
• Ensuring data integrity by timely and accurate data maintenance to enable accurate data dashboard reporting.
• Maintaining efficiency and meeting Service Level Agreements (SLAs) and operational controls.

Data Maintenance:

• Manage and maintain accurate records of client data, including contract details, service requests, and performance metrics.
• Ensure data integrity and security through proper handling and storage practices.
• Implement data retention policies in accordance with regulatory requirements and client agreements.
• Assist in author onboarding by maintaining the author record data in Oracle covering areas like communication details, banking, and tax details.

Coordination:

• Conduct research on product and agreement mapping for account receivables impacting author royalty payouts based on the original author agreement.
• Collaborate with Portfolio, legal, and other teams within the Royalties department to address inquiries and provide necessary support.

Qualifications:

• A bachelor's degree in a relevant field such as Business Administration, Finance, Legal Studies, or a related discipline.
• Limited or some years of experience in a similar role, preferably within the rights and royalty's domain.

Desired Skills:

• Strong attention to detail and ability to conduct meticulous agreement analysis.
• Proficiency in data entry and experience with Intellectual Property Management systems is a plus.
• Demonstrated ability to manage workload effectively and meet deadlines.
• Excellent communication and organizational skills.
• Ability to work collaboratively in a team-oriented environment.

What to expect from Pearson

Did you know Pearson is one of the 10 most innovative education companies of 2022?

At Pearson, we add life to a lifetime of learning so everyone can realize the life they imagine. We do this by creating vibrant and enriching learning experiences designed for real-life impact. We are on a journey to be 100 percent digital to meet the changing needs of the global population by developing a new strategy with ambitious targets. To deliver on our strategic vision, we have five business divisions that are the foundation for the long-term growth of the company: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills and Higher Education. Alongside these, we have our corporate divisions: Digital & Technology, Finance, Global Corporate Marketing & Communications, Human Resources, Legal, Strategy and Direct to Consumer. Learn more at We are Pearson.

We value the power of an inclusive culture and also a strong sense of belonging. We promote a culture where differences are embraced, opportunities are accessible, consideration and respect are the norm and all individuals are supported in reaching their full potential. Through our talent, we believe that diversity, equity and inclusion make us a more innovative and vibrant place to work. People are at the center, and we are committed to building a workplace where talent can learn, grow and thrive.

Pearson is an Affirmative Action and Equal Opportunity Employer and a member of E-Verify. We want a team that represents a variety of backgrounds, perspectives and skills. The more inclusive we are, the better our work will be. All employment decisions are based on qualifications, merit and business need. All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, sexual orientation, gender identity, gender expression, age, national origin, protected veteran status, disability status or any other group protected by law. We strive for a workforce that reflects the diversity of our communities.

To learn more about Pearson's commitment to a diverse and inclusive workforce, navigate to: Diversity, Equity & Inclusion at Pearson.

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Job: FINANCE

Organization: Corporate Finance

Schedule: FULL_TIME

Workplace Type: Hybrid

Req ID: 15633