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Springer Nature · 1 day ago

Team Lead, Global Series Royalties & Legacy Entities

Jersey City, NJ

Full-time

Hybrid

Senior Level

$90K/yr - $110K/yr

5+ years exp

Springer Nature is one of the leading publishers of research in the world. They are seeking a Team Lead to manage and improve the end-to-end royalty operations for book series and legacy entities, ensuring compliance with legal and tax requirements while leading a team and collaborating with various departments.

EducationPublishing

Culture & Values

Responsibilities

Manage the End-to-end Royalty process for Book series. This includes maintaining current databases of series Editor obligations (royalty-bearing, fixed fee, non-royalty, and hybrid contracts), including tiering/escalators, deliverables, and exceptions

Review & process/link contracts of series editor obligations in the royalty system, release payments before due dates

Recommend and communicate payment policy changes based on meaningful and measurable data analysis

Oversee and approve 1st level payment entries for fixed fee agreements. Ensure SLA is met

Recommend policy / process changes

Ensure compliance with internal controls, regulatory requirements, and ensure the process is audit-proof

Partner with IT on fixes/enhancements; plan UAT and controlled releases

Identify and implement continuous improvement opportunities

Ensure timely contract processing, validate royalty conditions, etc

Run/oversee and validate royalty calculations, including recoupments

Oversee the creation and submission of Royalty statements

Ensure queries from authors and internal stakeholders are resolved

Lead the design, governance, and evaluation of new royalty models related to new sales distribution models

Own package calculation models and allocation rules (e.g., title weighting, list price pro-rata, usage/consumption keys, Caps, multi-component splits)

Define requirements, document assumptions of new royalty models, and align with Publishing, Tax, Legal, and Finance

Configure rules in the royalty system to automatically calculate the royalties of the new Royalty Business models, perform UAT, validate output, and sign off

Monitor variances between expected and actual allocations, drive root cause analyses and fixes, and communicate impact to stakeholders if abnormalities occur

Ensure compliance with VAT/Tax, withholding tax, and reporting to the local government if required

Prepare materials for internal/external audits. Implement and track remediation actions of any audit outcome

Monitor performance, drive corrective actions, report issues, and discuss potential improvements with the Manager Global Royalty Operations

Maintain monthly Royalty KPI’s & Dashboards

Support Finance with accruals, reconcile sales interfaces

Report on recoupment progress for advances, outstanding balances, or balances to be written off

Lead any direct reports that manage all non-emerging entities. This includes: coaching, coverage planning, and performance reviews

Deputy for the manager of Global Royalty Operations

Work closely together with the Manager Global Royalty Operations on hiring employee replacements

Build strong relationships with Editorial/Publishing, contract management/Legal, Sales operations, AP, VMD, Tax, Finance, and IT

Qualification

Royalty accountingContract interpretationRoyalty solutionsERP systemsProcess improvementData analysisTeam leadershipCustomer serviceCommunication skillsProblem solvingRelationship building

Required

Bachelor's in accounting/finance / MBA (or equivalent)

5+ years of experience in a complex Royalty organization, and 2 years of Team lead experience

Strong knowledge of royalty accounting and core accounting principles

Proven contract interpretation (Royalty conditions, tiering/escalators, bundles, and exposure to usage-based royalty models

Hands-on with royalty solutions, such as Rights Line (Alliant), Vista Royalties, Virtusales (Biblio), Vistex

Good understanding of ERP systems such as SAP, Oracle

SLA/KPI driven service delivery

Excellent in writing and verbal communication, customer service oriented

Process owner mindset: continues improvement mindset, end-to-end process accountability, understanding of how upstream and downstream input affects the processes, designing SOPs/controls, RACI, managing change, and measuring outcome

Operational: Hands-on, comfortable with allocation logic, scenario testing, UAT, customer-focused, and able to deliver under pressure

Analytics: Identify bottlenecks, perform root cause analysis, and fixes, confident with Excel, KPI storytelling, reconciliations, exception handling, variance analysis, and data-driven decisions

People management: Coaching, building, and guiding a team. Provide feedback, expectations settings, and actively discuss employee development/growth

Technical Capability: Uses technical / job knowledge and experience to meet and exceed job requirements/customer expectations

Customer Focus (internal and external customers): Nurtures relationships by recognizing and delivering on internal and external customers' needs and opinions

Relationship Building/ Teamwork (incorporating Communication, Influencing and Trust): Builds effective relationships through positive communication that motivates and influences others

Problem Solving: Takes initiative to identify current and potential problems and determines the best solution

Personal Effectiveness (incorporating results focused, productivity, ownership, delegation): Produces outstanding results both professionally and personally by being proactive and committed