We are looking for an experienced Finance Manager to join our Rights Revenue team at our office in Frating, Essex.
The Rights Revenue team within the Royalty Department processes royalty sales information and income received from our Rights Customers where PRH has sold the rights to a book, extracts from a book, or permission to use characters/images for merchandising.
In addition, the Rights Revenue team ensures that the financial clauses in the Customer’s contracts with PRH are accurately reflected in the accounting system and chases for any missing or inaccurate royalty sales information.
As well as the welfare and development of their team members, the Manager is accountable for all tasks performed in the Rights Revenue area ensuring that they are carried out accurately and efficiently to meet targets and deadlines.
They are also responsible for reconciling cash movements, reporting KPIs and statistics as well as maintaining professional and effective relationships with the team’s key stakeholders. These include other internal departments, our Rights Customers, and our Agents and Authors.
Key Responsibilities:
Rights Processing
* Learn all aspects of rights sales contracts, statement and income processing, and credit control to be an expert in this area.
* Work with the team leaders to ensure that all processes are carried out accurately and efficiently by reviewing workload and KPIs.
* Work with all stakeholders both internally and externally to provide an exceptional service and champion improvements.
* Attend regular meetings with Rights Sales colleagues in the London office and our Credit Services department in Frating.
* Produce and share KPIs as part of a larger pack for business reporting and review.
* Ensure that all processes are documented and kept up to date and that tasks have adequate cover within the teams.
* Work with the other Royalty Managers to ensure that rights income is accurately reported to our Authors.
* Reconcile rights cash incoming and cleared on a daily basis and investigate any issues.
* Review outstanding cash and statements with the Team Leaders to assist any query resolution.
* Review tax/write-off exception reports.
* Work closely with the Rights Audit Analyst to identify and contact Customers for audit, provide support for any re-calculation/data issues that may arise, liaise with Customers for any queries, chairing meetings where appropriate, and approve final audit reports.
Staff Management
* Work closely with the rest of the royalty senior team to coordinate and bring together the whole department as one unit, including playing an active role in issues such as improving morale, staff integration, and training programs.
* Play an active role in change management within the department.
* Assist the Team Leaders at busy periods and provide cover for them in their absence.
* Carry out performance reviews for direct reports.
* Coordinate / organise training and personal development across the department to meet the needs of the individual and the business.
* Carry out absence management interviews, performance monitoring, and welfare meetings as necessary.
* Arrange and facilitate meetings to ensure that staff are kept up to date on current issues.
* Take responsibility for the team’s administrative tasks such as holiday booking.
Improving Processes and Procedures
* Assist the Royalty Department Manager in improving communication with other departments and building effective business relationships.
* Work with the team to identify changes to existing methods of working where efficiency, accuracy, and reporting could be improved within the department and other areas of the business.
* Take an active role in any other initiatives or projects within the department and company.
Experience Required:
* The Rights Revenue Manager will have significant experience leading a medium to large team in an accounting function and be able to demonstrate a track record of high service levels, continuous improvement, and change management.
* An accounting qualification is desired but not essential if qualified by experience.
Personal Characteristics
* Excellent people skills and communication is a requirement of this role to be able to collaborate and influence at all levels.
* Always works to a high standard of accuracy, has excellent attention to detail, and is able to spot inaccuracies.
* Able to identify opportunities for improving working practices and business systems and is comfortable challenging the status quo.
* Able to prioritise their own workload and that of their team to ensure that deadlines and targets are met.
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