Simon & Schuster Jobs

Analyst, Royalty Reporting

Parsippany-Troy Hills, NJ, USAReq #355

Tuesday, October 29, 2024

Simon & Schuster was named to Forbes magazine list of America's Best Mid-Size Employers 2022. Simon & Schuster is a global leader in general interest publishing, dedicated to providing the best in fiction and nonfiction for readers of all ages, and in all printed, digital and audio formats. Its distinguished roster of authors includes many of the world's most popular and widely recognized writers, and winners of the most prestigious literary honors and awards. It is home to numerous well-known imprints and divisions such as Simon & Schuster, Scribner, Atria Books, Gallery Books, Pocket Books, Adams Media, Simon & Schuster Children's Publishing and Simon & Schuster Audio and international companies in Australia, Canada, India and the United Kingdom, and proudly brings the works of its authors to readers in more than 200 countries and territories. For more information visit our website at www.simonandschuster.com.

Simon & Schuster is seeking a detail-oriented and highly analytical Royalty Analyst to join our accounting department in Parsippany, NJ. The Royalty Analyst will be responsible for managing, processing, and reporting on royalty payments to authors, and other stakeholders. This individual will ensure accurate and timely royalty calculations, statements, and disbursements.

The ideal candidate will possess an understanding of royalty structures, excellent problem-solving skills, attention to detail and the ability to work with large data sets. An interest in book publishing is a plus.

Key Responsibilities

• Royalty Calculation & Processing:

• Review and process royalty data from sales reports, digital platforms, and third-party licensors.

• Perform detailed calculations to ensure accurate royalty distribution for authors, artists, and other rights holders.

• Maintain and update royalty rates, contracts, and other relevant information in the company’s royalty system.

• Royalty Reporting & Reconciliation:

• Prepare royalty statements and reports for authors, publishers, and other stakeholders in compliance with contract terms.

• Reconcile sales and royalty data with accounting records to ensure consistency and accuracy.

• Resolve discrepancies between sales, payments, and royalty statements by investigating and coordinating with internal and external parties.

• Data Management:

• Organize and maintain royalty records, contracts, and other financial documents.

• Update royalty tracking systems to reflect new releases, licenses, and contract changes.

• Ensure that all royalty-related data is accurate, up-to-date, and accessible for auditing purposes.

• Communication & Customer Service:

• Respond to inquiries from authors, agents, and other rights holders regarding royalty statements and payments.

• Provide clear explanations of royalty calculations and address any concerns or discrepancies.

• Collaborate with other departments such as legal, licensing, and accounting to ensure smooth operations.

• Compliance & Reporting:

• Assist with audits by providing necessary data and documentation for internal and external auditors.

• Ensure compliance with relevant industry regulations, copyright laws, and contractual obligations related to royalty management.

• Process Improvement:

• Identify opportunities to streamline and improve royalty processing systems and workflows.

• Work with cross-functional teams to implement best practices and increase efficiency in royalty tracking and reporting.

Qualifications

• Education:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

• Additional certification in royalty management or publishing (e.g., PRS, BMI, ASCAP) is a plus.

• Experience:

• 0-2 years of experience in royalty analysis, financial analysis, or a related field.

• Familiarity with royalty systems, databases, and financial software (e.g., SAP, Excel, custom royalty management tools).

• Skills:

• Strong analytical skills with the ability to work with large sets of data.

• Excellent attention to detail and accuracy in handling financial information.

• Proficiency in Microsoft Excel (pivot tables, VLOOKUP, formulas).

• Ability to communicate complex information clearly and professionally, both written and verbally.

• Strong problem-solving skills and the ability to handle multiple tasks in a fast-paced environment.

• Personal Attributes:

• High level of integrity and trustworthiness.

• Strong organizational skills and the ability to manage deadlines.

• Team player with a collaborative and proactive approach to problem-solving.

Simon & Schuster US is an equal opportunity employer (EOE) including disability/vet. At Simon & Schuster US, the spirit of inclusion feeds into everything that we do. From employee benefits/programs and social impact outreach initiatives, we believe that opportunity, access, resources and rewards should be available to and for the benefit of all. Simon & Schuster US is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, and Veteran status.

The hiring salary range for this position applies to New York City, California, Colorado, Washington state, and most other geographies. Starting pay for the successful applicant depends on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education. The benefits available for this position include medical, dental, vision, 401(k) plan, life insurance coverage, disability benefits, tuition assistance program and PTO or, if applicable. Additionally, employees have access to our industry-first, Broad Based Ownership program, which makes all employees partners in our shared success.

Candidates hired for this or any other posted Simon & Schuster role will be employees of Simon & Schuster, LLC, subject to all policies, including the Workplace Privacy Notice (https://www.simonandschuster.com/p/workplace-privacy-notice) , and eligible solely for the benefits plans thereof.

Other details

• Job FamilyRoyalty Accounting

• Job FunctionFinance / Accounting

• Pay TypeSalary

• Employment IndicatorRegular

• Min Hiring Rate$60,000.00

• Max Hiring Rate$60,000.00

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• Parsippany-Troy Hills, NJ, USA

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