Royalty Manager

The Royalty Manager will be responsible for the preparation, analysis, review and issuance of accurate and timely royalty statements to authors, agents, illustrators, and other parties. Responsibilities include the review and application of contract terms into advance and royalty payments, managing payment requests, extraction and interface of data relevant to the royalty and support systems, and preparation of royalty calculations support and analysis. This position will interact with various departments within the organization as well as external agents and authors.

What you'll do:

• Prepare timely royalty statements and related activity files
  • Review contracts and payee setup in the royalty system
  • Review and analyze sales data prior to interfacing to the royalty system
  • Post expenses/fees/deductions to the royalty system
  • Complete initial and subsequent reviews of royalty statements to ensure accuracy
  • Distribute statements to editorial teams and business units for review
  • Calculate and record reserves for returns in accordance with contract terms and company policies
  • Prepare manual adjustments and statements when required
• Interact with business units and other departments to resolve issues
• Process new contracts and amendments on a regular basis. Review, code and approve all advance and payment requests.
• Comply with US and foreign tax withholdings as well as reporting and filing requirements related to advances, royalty, and subrights payments
• Handle statement recipients’ inquiries and requests
• Prepare ad hoc reports/analyses as needed

What you'll bring:

• Must be detail-oriented, analytical, and exercise good judgment
• Must have strong understanding of core royalty concepts
• Strong verbal and written communication skills
• Highly proficient with Microsoft Excel, databases and system queries
• Excellent organizational skills. Effectively manages change, delays, and unexpected events
• Focuses on problem resolution
• Able to manage high volumes of data, meet deadlines, and multi-task
• Meets challenges with resourcefulness
• Motivated, disciplined, with high personal and professional standards of integrity and ethics

      Ideal Experience:

• 3+ years experience with royalty contracts, statement preparation, and accounting
• Book publishing experience preferred
• Proficiency with Vista and/or Biblio royalty platforms are a plus
• Bachelor’s degree in Accounting/Finance preferred

This role will have an annual salary of $90,000 - $94,000.

Macmillan Publishers is the U.S. trade division of the Holtzbrinck Publishing Group, a large family-owned media company headquartered in Stuttgart, Germany. Its publishing companies include prominent imprints around the world that publish a broad range of award-winning books for children and adults in all categories and formats.

U.S. publishers include Celadon Books, Farrar, Straus and Giroux, Flatiron Books, Henry Holt & Company, Macmillan Audio, Macmillan Children’s Publishing Group, The St. Martin's Publishing Group, and Tor Publishing Group. In the UK, Australia, India, and South Africa, Macmillan publishes under the Pan Macmillan name. The German company, Holtzbrinck Deutsche Buchverlage, includes among its imprints S. Fischer, Kiepenheuer & Witsch, Rowohlt, and Droemer Knaur.

We are an Equal Opportunity Employer. We are actively seeking job applicants who reflect a broad representation of differences, including race, ethnicity, religion, sex, sexual orientation, gender identity/expression, physical ability, neurodiversity, age, family status, economic background and status, geographical background and status, and perspective. We believe that the best companies reflect the incredible diversity in viewpoints, backgrounds, and identities of the world in their staffs, and are committed to inclusive hiring across departments and levels. The successful candidate for this position will be an employee of Macmillan Publishing Group, LLC.