Senior Royalty & Compliance Administrator

Authentic Brands Group

Jun 9

Job
Full-time
Mid & Senior Level
Banking & Finance
$65K - $75K
New York
Quick Apply

AI generated summary

You need a finance degree, 4+ years experience, Excel skills, ability to read contracts, and confidence in coordinating with others. Must be detail-oriented and deadline-driven.
You will manage license agreement input, review existing agreements, update historical data, monitor Royalty Zone, coordinate with operations team, assist licensees with troubleshooting, and ensure licensee compliance.

Requirements

Bachelor’s degree with a finance/business background
Ability to read and understand contracts and agreements
With at least 4 years of experience in administrative or accounting role
Proficiency in Microsoft Excel and Microsoft Word
Knowledge of Royalty Zone or other royalty systems, preferred but not required
Ability to learn new systems and take the lead in system monitoring
Must possess the following traits:
Confident and must possess strong communication skills - ability to coordinate with personnel across the organization
Ability to manage multiple tasks
Detail and deadline oriented
Ability to prepare reports in an accurate and concise manner
Organized and possess good time management skills

Responsibilities

Manage the input process all new license agreements into the royalty system (Royalty Zone) – contract details, financial information, product information and publishing
Review existing agreements currently in Royalty Zone against the most recent contract on file – to ensure legacy data in Royalty Zone is complete and accurate
Assist in updating historical royalty/sales data to ensure all licensee information is current and accurate
Maintain and monitor Royalty Zone with all active and inactive licensees
Coordinate with the operations team relating the review of contract information, product approvals and other operational matters.
Assist with integration of licensees to Royalty Zone (existing and new licensees)
Assist licensees with any Royalty Zone troubleshooting related to but limited to both product and financial report uploads
Liaison between Royalty Zone Service Provider and Authentic Brands Group for any outstanding issues
Assist in implementing the reporting functions of Royalty Zone, review reports generated and assist preparing data for GL upload or management reporting
Assist in monitoring licensee compliance such submission of royalty reports and other requirements

FAQs

What are the main responsibilities of the Senior Royalty & Compliance Administrator?

The main responsibilities include administering the royalty system, ensuring contract and financial information are complete and accurate, addressing reporting issues, training and coordinating with licensees on the use of royalty reporting function, and assisting in licensee compliance.

What team does the Royalty Administration & Compliance Manager belong to?

The Royalty Administration & Compliance Manager will be part of the Finance Team.

What does the Royalty Administration & Compliance Manager do in terms of licensee compliance?

The Royalty Administration & Compliance Manager assists in licensee compliance by ensuring that licensees are following the terms of their contracts and reporting royalties accurately.

What kind of training does the Royalty Administration & Compliance Manager provide to licensees?

The Royalty Administration & Compliance Manager provides training and coordination to licensees on the use of the royalty reporting function to ensure accurate reporting.

Authentic Brands Group

Authentic is a global brand development, marketing and entertainment platform.

Marketing & Advertising

Industry

201-500

Employees

2010

Founded Year

Mission & Purpose

Authentic Brands Group (Authentic) is a global brand development, marketing and entertainment platform, which owns a portfolio of more than 50 iconic and world-renowned Lifestyle, Entertainment and Media brands. Headquartered in New York City, with offices around the world, Authentic connects strong brands with best-in-class partners and a global network of operators, distributors and retailers to build long-term value in the marketplace. Authentic transforms brands by delivering powerful storytelling, compelling content, innovative business models and immersive experiences. Through the newly formed Authentic Studios, it will leverage this vast portfolio of IP to develop and produce a wide range of film/TV and commercial content. As the owner of a portfolio comprising some of the world’s most influential brands, Authentic is committed to driving positive impact at scale through sustainable initiatives, DE&I programs and purpose-driven partnerships. This sense of responsibility shapes our decision-making, business approach and companywide commitments