Royalty Coordinator (m/f/d)

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Date: Nov 18, 2023

Location: Berlin, DE

Company: Springer Nature Group

 

About Springer Nature Group

Springer Nature opens the doors to discovery for researchers, educators, clinicians and other professionals. Every day, around the globe, our imprints, books, journals, platforms and technology solutions reach millions of people. For over 180 years our brands and imprints have been a trusted source of knowledge to these communities and today, more than ever, we see it as our responsibility to ensure that fundamental knowledge can be found, verified, understood and used by our communities – enabling them to improve outcomes, make progress, and benefit the generations that follow. Visit group.springernature.com and follow @SpringerNature / @SpringerNatureGroup

 

Job position: Royalty Coordinator

Company: Springer Nature

Department: Finance

Location: Berlin

 

Royalty coordinator

Responsible for verifying book royalty agreements and timely and accurate recording of these agreements. Responsible for author master data creation, modifications, and executing payments. Respond professionally to author inquiries in regard to royalty statement activity, tax reporting, sales information, etc. Oversee the performance of the first-level team in regard to royalty contract processing and payment creation. Provide timely support to questions and queries raised by the first level team our Authors/Editors and internal stakeholders. Guide Editorial departments regarding Royalty remuneration processes and procedures and ensure document changes are compliant with the rules outlined by our legal department.

 

Key tasks:

 

  • Process/approve in a timely manner: Royalty agreements, payment requests, or any other documents related to book royalties and series editor payments, and or sub-right agreements if required.
  • Review and approve royalty-related contracts, payment requests, and adjustments processed by the offshore team and provide feedback/training in case repetitive errors occur.
  • Update royalty contracts, including payee transfers when necessary
  • Analyze and follow up on unassigned royalty sales reports and request/search for missing contracts
  • Coordinates logistics behind the annual and semi-annual royalty run for the assigned entities and reviews royalty statements
  • Resolve questions and queries from the first-level team, Springer publishing organization, rights-related teams, authors/editors and respond in a professional, accurate, and detailed manner
  • If required, create interim payments and run one-off statements for missed royalties or royalty amendments
  • Reviews payment run and coordinates the distribution of cheques
  • Follow up and resolve returned checks and electronic transfers
  • Support the royalty manager with month-end activities, reporting, audits, testing, and other royalty-related activities
  • Create journal entries when necessary
  • Handle incoming mail
  • If applicable, apply for foreign tax deductions

 

Qualifications, skills and experience:

 

  • Work experience preferably in royalties-related and/or Accounts Payable-related departments in a multinational environment. Or experience as a publishing assistant in the publishing Industry.   
  • Appropriate accounting knowledge
  • Appropriate understanding of author agreements or any other legal agreements
  • Customer orientated
  • Positive interpersonal skills
  • Good communication skills in English and German (written and oral)
  • Good attention to details
  • IT literacy
  • Appropriate working knowledge in a royalty department, publishing department, and/or Finance departments such as Accounts Payable. If you have no experience in any of these, a background in Finance and/or law is preferable.

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At Springer Nature, we value the diversity of our teams and work to build an inclusive culture, where people are treated fairly and can bring their differences to work and thrive. We empower our colleagues and value their diverse perspectives as we strive to attract, nurture and develop the very best talent. Springer Nature was awarded Diversity Team of the Year at the 2022 British Diversity Awards. Find out more about our DEI work here https://group.springernature.com/gp/group/taking-responsibility/diversity-equity-inclusion

If you have any access needs related to disability, neurodivergence or a chronic condition, please contact us so we can make all necessary accommodation.

For more information about career opportunities in Springer Nature please visit https://careers.springernature.com/

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