Royalty Reconciliation Specialist
3 days ago
At SAP, we enable you to bring out your best. Our company culture is focused on collaboration and a shared passion to help the world run better. How? We focus every day on building the foundation for tomorrow and creating a workplace that embraces differences, values flexibility, and is aligned to our purpose-driven and future-focused work. We offer a highly collaborative, caring team environment with a strong focus on learning and development, recognition for your individual contributions, and a variety of benefit options for you to choose from.
PURPOSE AND OBJECTIVES:
We are looking for a motivated and detail-oriented Royalty Reconciliation Specialist to join our newly established team within Global Licensing & Royalty Management (GL&RM).
The Royalty Reconciliation Specialist will be responsible for reviewing and ensuring the accuracy of royalty records while establishing a robust methodology and driving the respective execution along defined milestones. The ideal candidate will possess strong analytical & excel skills, ability to interpret contract terms for inbound licensing agreements. This role offers an excellent opportunity for professional development and growth in the field of Financial Management, Compliance, and Risk Mitigation.
WHAT YOU'LL DO:
- Perform audits on royalty records cross-referencing various data sources.
- Translate complex royalty reconciliation into executive summaries and closely collaborate with internal stakeholders.
- Uphold a high standard of compliance and risk mitigation in all aspects of royalty management and financial audits.
WHAT YOU BRING:
- Strong analytical skills to drive root cause analysis for complex problems.
- Familiarity with various systems (ISP, CPQ, CRM, CMS etc.) and reconciliation tools.
- Proficiency in Microsoft Excel (knowledge of Macros is a plus).
- Passionate to assess systems and complex datasets to explore opportunities for process automation and streamlining.
- Flexible team player - able to deal with change and meet deadlines under pressure.
- Strong ability to drive cross-functional initiatives and work collaboratively with various teams.
- Excellent communication skills with internal and external stakeholders, both written and verbal.
WORK EXPERIENCE:
2+ years of practical experience in Auditing, Data Analytics, Reconciliation, Quote-to-Cash process (e.g., Commercial Finance, Order-to-Invoice, Revenue Accounting etc.)
Bring out your best
SAP innovations help more than four hundred thousand customers worldwide work together more efficiently and use business insight more effectively. Originally known for leadership in enterprise resource planning (ERP) software, SAP has evolved to become a market leader in end-to-end business application software and related services for database, analytics, intelligent technologies, and experience management. As a cloud company with two hundred million users and more than one hundred thousand employees worldwide, we are purpose-driven and future-focused, with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries, people, or platforms, we help ensure every challenge gets the solution it deserves. At SAP, you can bring out your best.
We win with inclusion
SAP's culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone – regardless of background – feels included and can run at their best. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better and more equitable world.
SAP is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an e-mail with your request to Recruiting Operations Team: Careers@sap.com.
EOE AA M/F/Vet/Disability:
Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, age, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability.
Successful candidates might be required to undergo a background verification with an external vendor.
Requisition ID: 413461 | Work Area: Finance | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid.
Job Segment: ERP, Cloud, SAP, CRM, Database, Technology
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