spacer image
MacMillan Logo white spacer white spacer
white spacer Careers  |  Contact 
white spacer white spacer
spacer image
spacer image red line spacer image
spacer image gray line white line white line white line gray line spacer image
spacer image gray line white line gray line gray line gray line white line gray line spacer image
spacer image gray line white line gray line
About MacMillan gray line Our Publishers gray line Bookseller Services gray line Acedemic & Library Services gray line
gray line white line gray line spacer image
spacer image gray line white line gray line gray line gray line white line gray line spacer image
spacer image gray line white line gray line
gray line gray line gray line
gray line gray spacer
gray spacer
Careers
Browse Open Jobs
Search
Newly Added Items
International Sales
Ordering
Out-Of-Print
white spacer

 

 

 

 

 

 

gray spacer gray line gray line
Job Details

Requisition Number 19-0365
Post Date 9/18/2019
Title Junior Royalty Accountant
Organization Name Macmillan
City New York
State NY
Description
Macmillan Publishers is a global trade book publishing company with prominent imprints around the world, publishing a broad range of award-winning books for children and adults in all categories and formats. Macmillan Publishers is committed to our authors, our employees, and to the environment.

U.S. publishers include Celadon Books, Farrar, Straus and Giroux, Flatiron Books, Henry Holt & Company, Macmillan Audio, Macmillan Children’s Publishing Group, Picador, St. Martin's Press and Tor Books. 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 and Witsch, Rowohlt, and Droemer Knaur.

Macmillan Publishers is a division of the Holtzbrinck Publishing Group, a large family-owned media company headquartered in Stuttgart, Germany.

We are an Equal Opportunity Employer committed to reflecting a broad representation of differences --race, ethnicity, religion, sex, sexual orientation, gender identity/expression, physical ability, age, family status, economic background and status, geographical background and status, and perspective — in our workplace. The successful candidate for this position will be an employee of Holtzbrinck Publishing Holdings LP.
Requirements


Position Description:

The Jr. Royalty Accountant is primarily responsible for: the timely processing of royalty advances and payments for all Macmillan Imprints; the preparation/maintenance of the monthly payments register, in Excel, used as the primary source for General Ledger entries and preparation of the internal author advance payments report. Other major responsibilities include calculation of royalty accruals, true-ups, General Ledger to royalty sub-ledger reconciliations. Provides yearly tax reporting support to authors and agents.


Major Responsibilities:

• Advances & Royalty payments processing for all payment types for all imprints. Includes data entry, and accounting for Tax withholding and payment deductions. Run the payments preparation processes for checks and coordinate the process for electronic payments with the Manager of Royalty Processing and the Treasury Dept. Coordinate the check printing process and ensure check payments are handled in accordance with Company policy. Process payments cancellations/voids and re-issues.
• Maintain detailed monthly payments register in Excel for all payment types. Assign proper General Ledger coding to each payment transaction.
• Prepare monthly royalty earnings accruals for assigned imprints in accordance with financial reporting requirements and deadlines.
• Prepare actual to accrual royalty earnings comparison (true-up) schedules, in accordance with the division’s reporting cycles/periods (e.g. semi-annual, quarterly). Provide timely relevant royalty rates’ analyses and accurate variance explanations for review and distribution to Business Manager(s).
• Prepare timely schedule/analysis for royalties payable to calculate the advances recouped amount/adjustment for the imprints assigned and the related royalty reporting periods.
• Prepare timely general ledger to sub-ledger reconciliations for assigned imprints.
• Prepare timely journal entries for supervisor’s review and input to the general ledger, in accordance with financial reporting requirements and deadlines.
• Prepare timely general ledger to sub-ledger reconciliations based on the royalty reporting periods for the imprints assigned.
• Provide yearly author tax reporting support.


Required Skills / Knowledge:

• Strong Excel skills.
• Detail oriented with good analytical and organizational skills.
• Good mathematical skills.
• Motivated, disciplined with high personal and professional standards of integrity and ethics.
• Good verbal and written communication skills.
• Works efficiently and meets established deadlines.
• Adjusts easily to work environment changes.
• Able to multi-task and handle high volume of data.


Experience Needed:

• Minimum 2 years of relevant work experience, with advances/royalty payments processing in a computerized environment, preferably in the book publishing industry.
• Minimum 2 years experience with expense accruals and complex reconciliations, preferably in the book publishing industry.
• SAP, EPM experience a +


Educational Background Required:

• Bachelor’s Degree in Accounting/Finance, or Associate’s Degree in Accounting with compensating work experience.
Apply On-line
Send This Job to a Friend
gray line gray spacer gray spacer gray spacer gray line gray line
gray line gray line
gray line white line gray line spacer image
spacer image gray line white line gray line gray line gray line white line gray line spacer image
spacer image gray line white line white line white line gray line spacer image
spacer image gray line gray line gray line gray line gray line spacer image
spacer image gray line gray line gray line gray line gray line spacer image
spacer image gray line gray line gray line gray line gray line spacer image
spacer image gray line white line white line white line gray line spacer image
spacer image gray line white line gray line gray line gray line white line gray line spacer image
spacer image gray line white line gray line
 About Us | Careers | Contact | Site Map | Terms of Use | Privacy Notice   Macmillan 2007 
gray line white line gray line spacer image
spacer image gray line white line gray line gray line gray line white line gray line spacer image
spacer image gray line white line white line white line gray line spacer image
spacer image gray line gray line gray line gray line gray line spacer image