Royalty Analyst (Finance Analyst)

Job Description:

About Our Organization:

Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world's largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America's largest newspaper by paid circulation; Barron's, MarketWatch, Mansion Global, Financial News, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

About the Role

The Royalty Analyst will process royalty calculations in accordance with procedures and timetables as directed by the Royalty Director. The Royalty Analyst will also generate statements, reports and analyses, as directed, assist with responding to information requests from Information Providers and internal management, and prepare accruals and forecasts for review by the Royalty Director. Participate in routine royalty reporting and special projects. You will be based in our Princeton, New Jersey office reporting to the Royalty Director.

You Will:

• Calculate royalties in accordance with defined procedures and timetables, ensuring the controls are designed to verify and analyze the accuracy, validity and completeness of all inputs and outputs.
• Assist with royalty accruals and variance analysis for month end closing, including GM's, variable royalties and currency effect.
• Reconcile accrued royalty balance to the general ledger.
• Review and improve internal controls where applicable.
• Participate in financial modeling for new royalty calculation scenarios based on future changes to business.
• Assist with the royalty budget and forecasts. In addition provide guidance and analysis to management regarding these processes.
• Produce monthly and one time reports and analyses of royalties paid/payable and IP performance for distribution to internal management and Publisher Relations.
• Provide analytical support to the Publisher Relations department and internal management as directed by the Royalty Director.
• Participate in the consolidation process of financial statements, accrual and forecast.
• Liaise with technical lead to develop process for automated financial reporting.
• Monitor time series variances in usage, revenue and royalty payments.
• Liaise with Publisher Relations to verify any contractual changes to the payment terms.
• Review and enhance accounting processes and general ledger reporting capabilities including documenting, maintaining and streamlining accounting procedures.
• Implement and test changes done to royalty processes to incorporate current business needs.
• Assist with changes sent by Publishers in Banking for Publishers. Work with AP to implement the changes and to get necessary tax documents for withholding tax.

You Have:

• 1-3 years of related experience.
• Bachelor's Degree in Accounting or Finance or equivalent experience preferred.
• Highly proficient in Microsoft Excel. Knowledge of Excel macros is desired.
• Excellent organizational skills. Strong interpersonal and communication skills.
• Excellent Analytical Logical thinking and problem solving ability.
• Ability to work in a fast-paced environment utilizing team-oriented interpersonal skills in order to effectively prioritize multiple tasks and deal with multiple changing priorities.

Our Benefits

• Comprehensive Healthcare Plans
• Paid Time Off
• Retirement Plans
• Comprehensive Medical, Dental and Vision Insurance Plans
• Education Benefits
• Paid Maternity and Paternity Leave
• Family Care Benefits
• Commuter Transit Program
• Subscription Discounts
• Employee Referral Program

Learn more about all our US benefits

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Reasonable accommodation: Dow Jones, Making Careers Newsworthy - We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. EEO/AA/M/F/Disabled/Vets. Dow Jones is committed to providing reasonable accommodation for qualified individuals with disabilities, in our job application and/or interview process. If you need assistance or accommodation in completing your application, due to a disability, email us at [email protected]. Please put "Reasonable Accommodation" in the subject line and provide a brief description of the type of assistance you need. This inbox will not be monitored for application status updates.

Business Area:

Dow Jones - Finance

Job Category:

Finance

Union Status:

Union role

Pay Range: $60,000 - $75,000

We recognize that attracting the best talent is key to our strategy and success as a company. As a result, we aim for flexibility in structuring competitive compensation offers to ensure we are able to attract the best candidates. The quoted salary range represents our good faith estimate as to what our ideal candidates are likely to expect, and we tailor our offers within the range based on the selected candidate's experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the interview process.

Pay-for-performance is a key element in our strategy to attract, engage, and motivate talented people to do their best work. Similarly to salary, for bonus eligible roles, targets are set based on a variety of factors including competitive market practice.

For benefits eligible roles, in addition to cash compensation, the company provides a comprehensive and highly competitive benefits package, with a variety of physical health, retirement and savings, caregiving, emotional wellbeing, transportation, and other benefits, including "elective" benefits employees may select to best fit the needs and personal situations of our diverse workforce..