Job Description

MW Partners is currently seeking a Licensing Compliance Consultant to work for our client who is a leader in the media and entertainment industry.

Responsibilities and duties:

Royalty Compliance

• Review contracts for financial terms and compare them to royalty statements to ensure compliance.
• Trace financials through a contract's life cycle to identify and resolve discrepancies.
• Advise internal teams on correcting entry errors that prevent statement processing.
• Advise licensees on resubmitting statements that cannot be processed due to errors.
• Troubleshoot access issues when licensees are unable to access the system.
• Troubleshoot inquiries from Finance and offshore royalty reporting teams.
• Complete ad hoc special projects and provide reporting for management as needed.

Cash Collections / Compliance

• Reach out to licensees (customers) to collect or resolve open AR balances and royalty compliance issues.
• Maintain collection reason codes to accurately identify the status of open receivables.
• Monitor cash expected from licenses to ensure timely receipt.
• Manage internal and external ad hoc requests related to invoice account balances.
• Serve as the point person for all withholding tax certificates, ensuring they are received and sent to Viacom Tax.
• Assist the cash application team in resolving unapplied payments.
• Provide support to the Sales Team and Finance Department as needed.
• Play an active role during month-end close.

Requirements:

• B.A. or B.S. in Business or Finance required.
• Other B.A./B.S. degrees may be considered if the candidate has experience with collections and royalties.
• 3 5 years of relevant global licensing industry work experience.
• Experience in operations finance, accounting, and operations management preferred.
• Strong understanding of General Accounting Principles (royalty accounting is a plus).
• Strong ability to trace issues to identify root causes and final impacts.
• 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 the ability to provide creative solutions to complex problems.
• Detail-oriented with the ability to see the big picture and work on cross-divisional projects involving multiple stakeholders.
• Ability to multitask and manage diverse projects and assignments.
• Ability to work independently and collaboratively as both a leader and a team player.

For a further discussion or to find out more, contact Amit Kumar on 909-206-4330 or apply now.

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