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    Licensing Compliance Consultant - New York, United States - TEKsystems

    TEKsystems
    TEKsystems New York, United States

    3 weeks ago

    TEKsystems background
    Description

    POSITION TITLE: Licensing Compliance Consultant

    DEPARTMENT: Global Consumer Products Business Operations

    Principal Responsibilities Royalty Compliance

    Review contracts for financial terms and compare to royalty statements, checking for compliance

    Tracing financials through a contracts life cycle to identify and resolve discrepancies

    Advise internal teams how to correct entry errors that prevent statement processing

    Advise licensees how to resubmit statements that cannot be processed due to errors

    Troubleshoot access issues when licensees are not able to access our system

    Troubleshoot inquiries from Finance and offshore royalty reporting teams

    Complete ad hoc special projects and provide reporting for management as needed

    Principal Responsibilities Cash Collections/Compliance

    Reach out to licensees (customers) to collect/resolve open AR balances and royalty compliance issues

    Maintain collection reason codes to accurately identify status of open receivables

    Monitor cash expected from licenses to ensure they are received in a timely manner

    Manage internal/ external ad-hoc requests as they relate to invoice account balances

    Point person for all withholding tax certificates ensuring they are received and sent to Viacom tax

    Assist cash application team resolve unapplied payments

    Provide support to Sales Team and Finance Dept. as needed

    Play an active role during month end close

    Skills

    Strong understanding of General Accounting Principles (royalty accounting is a plus)

    Strong ability to trace an issue to find its root cause and final impact

    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 ability to provide creative solutions to complex problems

    Detail oriented with ability to see the big picture and work on cross-divisional projects with many stakeholders

    Ability to multitask and manage diverse projects and assignments

    Ability to work independently and collaboratively (i.e. leader as well as team player)

    Experience/Knowledge

    3-5 years of relevant global licensing industry work experience

    Experience in operations finance, accounting, and operations management preferred

    About TEKsystems:

    We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.

    The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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