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McGraw Hill · 10 hours ago

Director, Royalty Systems and Financial Operations

United States

Full-time

Remote

Lead/Staff, Director/Executive

$108K/yr - $150K/yr

3+ years exp

McGraw Hill is a leading provider of digital and print educational resources, seeking a Director of Royalty Systems and Financial Operations. This role involves overseeing royalty processing, reporting, and payment while managing a team and collaborating with internal and external partners to drive process improvements.

E-LearningEdTechEducationPublishing

Responsibilities

System Management: Manage user owned configurations within royalty software, coordinating with internal and external technology support teams to implement necessary software configuration changes, address any system data or functionality issues and act as Royalty Operations lead/SME/liaison to internal and external technology support teams on all breakfix initiatives, system enhancement initiatives. This includes all testing preparation, coordination, documentation and execution for feature fixes and updates

Data Processing: Oversee the ingestion, reconciliation, and validation of all inbound and outbound interfaces including, but not limited to sales, payments and products as well as daily batch program scheduling, and royalty system on demand reporting. Oversee the Advance and Third Party Payment processing being done by the offshore service provider

Sox Compliance: Responsible for overall SOX Controls and Audit requirements for both internal and external audit

Reporting & Payments: Manage the processes that generate and distribute accurate royalty statements and timely payments, handling complex royalty calculations. Support Royalty Operations reporting needs including tracking critical metrics

Team Leadership: Train, supervise, and guide royalty staff, assigning tasks, monitoring progress, and ensuring adherence to deadlines

Process Improvement: Identify and implement operational enhancements to improve efficiency, accuracy, and reporting workflows. Responsible for any testing associated with these enhancements. Also responsible for working with other departments whose enhancements may affect Royalty Operations

Stakeholder Collaboration: Liaise with IT, legal, finance, accounting, and external partners to resolve issues and support strategic goals

Analysis & Auditing: Provide financial analysis, support audits, and handle complex royalty research and inquiries

Qualification

Royalty accountingPower BISQLRoyalty management softwareSOX complianceAnalytical skillsProblem-solving skillsCommunication skillsInterpersonal skillsOrganizational skills