
Senior Royalty Reconciliation Specialist
Are you a detail-oriented individual with a strong background in finance and accounting? Do you have experience in royalty reconciliation and a passion for working with data and numbers? If so, we have an exciting opportunity for you to join our team at SAP as a Senior Royalty Reconciliation Specialist.In this role, you will be responsible for ensuring the accuracy and completeness of royalty payments to our licensors and partners. You will work closely with cross-functional teams to analyze and reconcile royalty statements, identify discrepancies, and resolve any issues in a timely manner.To be successful in this role, you must possess a Bachelor's degree in Accounting or Finance, along with at least 5 years of experience in royalty accounting and reconciliation. Strong analytical skills, attention to detail, and proficiency in Microsoft Excel are also essential for this position.If you are a self-motivated individual with a strong work ethic and a passion for numbers, we encourage you to apply for this exciting opportunity and become a part of our dynamic team at SAP.
- Ensure accuracy and completeness of royalty payments to licensors and partners.
- Analyze and reconcile royalty statements to identify discrepancies.
- Work closely with cross-functional teams to resolve any issues in a timely manner.
- Utilize strong attention to detail to ensure all data is accurately entered and accounted for.
- Communicate effectively with internal and external stakeholders regarding royalty payments and reconciliation.
- Maintain a working knowledge of industry standards and regulations related to royalty accounting.
- Prepare and present reports on royalty reconciliation to management.
- Collaborate with finance and accounting teams to ensure proper recording and reporting of royalty expenses.
- Utilize strong analytical skills to identify trends and patterns in royalty data.
- Continuously monitor and improve the royalty reconciliation process to increase efficiency and accuracy.
- Train and mentor junior team members on royalty reconciliation processes and procedures.
- Maintain confidentiality and security of all royalty data and information.
- Stay up-to-date on changes and updates in royalty agreements and contracts.
- Participate in the development and implementation of new processes and systems related to royalty reconciliation.
- Adhere to all company policies and procedures, as well as legal and ethical standards, in all aspects of work.
Extensive Knowledge Of Accounting Principles: A Senior Royalty Reconciliation Specialist At Sap Should Possess A Thorough Understanding Of Accounting Principles And Be Able To Apply Them In The Reconciliation Of Royalty Payments. This Includes Knowledge Of Revenue Recognition, Accruals, And Financial Analysis.
Experience With Royalty Reconciliation Software: Sap Is A Software Company, And Therefore, A Senior Royalty Reconciliation Specialist Should Have Experience With Royalty Reconciliation Software. This Includes Proficiency In Sap's Royalty Management Software, As Well As Other Industry-Standard Tools.
Strong Analytical Skills: The Senior Royalty Reconciliation Specialist Must Be Able To Analyze Complex Data Sets And Identify Discrepancies In Royalty Payments. This Requires Excellent Analytical Skills And Attention To Detail.
Excellent Communication Skills: The Role Of A Senior Royalty Reconciliation Specialist Involves Working With Multiple Stakeholders, Including Finance Teams, Legal Departments, And External Partners. Therefore, Strong Written And Verbal Communication Skills Are Essential For Effective Communication And Collaboration.
Proven Experience In Royalty Reconciliation: To Be Considered For This Role, A Candidate Should Have A Minimum Of 5 Years Of Experience In Royalty Reconciliation, Preferably In A Senior-Level Position. This Experience Should Include Managing Large Volumes Of Data, Identifying And Resolving Discrepancies, And Presenting Findings To Stakeholders.
Financial Reporting
Communication Skills
Data Analysis
Time Management
Contract Negotiations
Auditing
Detail-oriented
Legal Compliance
Contract review
Problem
Accounting Knowledge
Royalty Calculations
Communication
Conflict Resolution
Customer Service
Leadership
Time management
creativity
Organization
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Royalty Reconciliation Specialist in Pasig, 1605 Metro Manila, Philippines is between PHP 50,000 to PHP 80,000 per month. However, this may vary depending on the specific company, industry, and level of experience of the individual. It is recommended to research and compare salaries for similar roles in the local job market to get a better understanding of the potential salary range.
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SAP is a multinational software company based in Walldorf, Baden-Württemberg. It develops enterprise software to manage business operations and customer relations. The company is the world's leading enterprise resource planning (ERP) software vendor.

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