About: My Clientis a leading intellectual property management company operating in the agriculture sector with a major component of the business focusing on the licensing of plant breeder rights. They are seeking a Royalty Accountant to join their financial team as it is a crucial role maintaining accurate licensing and royalty financial records in terms of their intellectual property contractual obligations towards IP owners.
Key Responsibilities:
Main duties include, but are not limited to:
Financial Oversight: Maintain and ensure that all financial royalty contractual obligations are met.
License Reconciliation: Regularly conduct reconciliations of issued licenses and plantings to ensure all license fees and/or royalties are accurately invoiced and accounted for.
Royalty Reporting: Prepare and reconcile detailed monthly breeder royalty reports, covering all royalties and license fees due to variety IP owners.
Global Reporting: Facilitate accurate and timely submission of royalty/license sales data from all subsidiaries to the parent company.
Audit Facilitation: Facilitate independent audits of plantings, growers' licensing, exports, royalties, and breeder reports to ensure compliance and accuracy.
Stakeholder Coordination: Liaise with customers, Operations, and Sales teams to coordinate customer audit visits and reconciliations.
Data Reconciliation: Identify and resolve discrepancies between licensing data (including previous invoicing) and actual plantings.
Communication: Communicate reconciliation outcomes to all stakeholders for further action, including providing instructions to the bookkeeper for necessary invoicing and/or issuing credit notes.
Reporting: Report directly to the Group Financial Executive.
Qualifications and experience required:
Post Matric relevant accounting qualification with completed SAIPA/SAICA articles required.
Minimum 2 years post articles experience required.
Competencies:
Proven MS Office proficiency (particularly Excel) & Pastel Accounting or similar
Analytical mindset with the ability to analyse financial data, interpret contracts and detect discrepancies and inconsistencies.
Excellent attention to detail and accuracy
Organisational skills, proficient in managing multiple tasks and priorities, maintaining orderly records and meeting deadlines.
Drivers licence
Fully bilingual in English and Afrikaans.
Interpersonal skills & friendly disposition
A team player with high level of dedication
Excellent customer (internal & external) relationship management skills
Good problem-solving skills
EMAIL CV IN WORD FORMAT: ******
Please consider your application as unsuccessful if you have not been contacted within 2 weeks.
POPIA: by applying for the position, the applicant gives permission to the company to scrutinise and process personal information shared.
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