
Collections & Royalty Monitoring Specialist
3 days ago
Collections & Accounts Receivable
- Proactively collect overdue balances from clients, partners, and licensees according to contractual terms and credit policies.
- Monitor and maintain the accounts receivable ledger, including invoice tracking, installment plans, and settlement agreements.
- Initiate follow-ups via calls, emails, and formal notices; escalate delinquent accounts as necessary.
Royalty & Commission Monitoring
- Track and validate royalties or commissions in line with licensing, partnership, or distribution agreements.
- Ensure accurate computation, invoicing, and remittance of revenue-sharing obligations.
- Reconcile reported earnings and payments, resolving any discrepancies or disputes.
Reconciliations & Reporting
- Reconcile incoming payments across bank accounts, payment processors, and internal systems.
- Investigate variances between payments and invoices, coordinating resolution with internal teams.
- Prepare regular financial and operational reports, including aging reports, collections KPIs, and royalty/commission reconciliations.
Cross-Functional Collaboration
- Work closely with Legal, Sales, and Licensing teams to address contract discrepancies, billing issues, or delayed payments.
- Support Finance and Management with audit requests, internal controls, and compliance checks.
Process Improvement & Documentation
- Recommend improvements to collection workflows, invoicing cadence, and payment methods.
- Maintain organized documentation, including contracts, amendments, payment proofs, and correspondence records.
- Ensure compliance with financial regulations, data privacy laws, and company policies.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business, or a related field
- 2 - 5 years of experience in collections, AR, royalty tracking, or revenue operations
- Familiarity with royalty, licensing, or commission-based agreements strongly preferred
- Excellent communication and negotiation skills
- High attention to detail and a strong sense of accountability
- Ability to manage competing priorities and meet deadlines
Preferred Skills & Attributes:
- Experience in industries like media, entertainment, publishing, SaaS, or licensing
- Understanding of legal/contractual terms related to revenue sharing
- Process-oriented with a mindset for continuous improvement
- Comfortable working across teams in a fast-paced, dynamic environment
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