Royalty Accounting Assistant
Yale University
| Working at Yale means contributing to a better tomorrow. Whether you are a current resident of our New Haven-based community, eligible for opportunities through the New Haven Hiring Initiative, or a newcomer, interested in exploring all that Yale has to offer, your talents and contributions are welcome. Discover your opportunities at Yale! Position Focus Yale University Press (YUP) publishes more than 350 books per year by academic and other experts from around the world in various disciplines, including Art and Architecture, Political Science, Economics, International Relations & History. YUP Royalty processing and payment, i.e. "accounting" is closely tied to the sales of books and other income, such as sales of rights linked to the publications, including Permissions and Translation rights. YUP negotiates royalty rates with authors, which are typically based on a percentage of the book’s selling price or net receipts. Additionally, advances against royalties are common in YUP publishing contracts, where an author receives an upfront payment that is later offset by earned royalties. Other nuances in YUP publishing can arise from various formats (e.g., hardcover, paperback, e-book) and "owner", i.e. books acquired by London editors vs NH editor and distribution channels, including commission payments due for selling books owned by Museums or other third parties.
The primary responsibility of this position is to calculate and prepare royalties for payment in an accurate, complete and timely manner according to the terms of the contract between the payee/agent ("author") and YUP as follows: · Retrieve, review and record royalty contracts between author and YUP in YUP’s royalty system ("Royalty Tracker").
Required Skills and Abilities 1.Well-developed organizational skills, attention to detail, and the ability to manage multiple tasks efficiently in a high-volume environment. 2. Strong understanding of general accounting principles and financial management, including journal entries, cost transfers, and reconciliations. 3. Excellent written and verbal communication skills, with the ability to work effectively with diverse groups and provide high-level customer service. 4. Demonstrated proficiency with computer applications, especially Excel, and financial reporting systems. 5. Ability to exercise independent judgment, maintain strict confidentiality, and demonstrate initiative in problem-solving. Preferred Education and Experience 1. Bachelor's degree in Accounting, Finance, or a related field; experience with Workday, royalty systems e.g. Royalty Tracker and advanced Excel skills. 3. Experience with university financial systems and knowledge of institutional financial policies and procedures. 4. Strong analytical and problem-solving skills and experience with resolving royalty recipient queries. 5. Prior experience in a higher education or publishing setting, providing financial reporting support to faculty, staff and authors Principal Responsibilities 1. Drafts preliminary financial sections of proposals. 2. Reviews all proposals for accuracy, completeness, and compliance to grantor and University requirements and regulations. 3. Monitors, controls, and maintains financial activity of accounts. Ensures expenditures are posted to proper accounts. Identifies, researches, and corrects questionable expenditures. 4. Serves as the principal source of information on financial policies and procedures and financial activity. 5. Reconciles and analyzes financial statements. Prepares standardized and specialized financial reports and analyses. 6. Oversees and instructs support staff. 7. Oversees the maintenance of financial records and files. 8. Assists with the development and implementation of systems and procedures. 9. May calculate weekly payroll for department staff. 10. Performs clerical functions incidental to accounting activities.Required Education and Experience Six years of related work experience, four of them in the same job family at the next lower level, and a high school level education; or four years of related work experience and an Associate degree; or little or no work experience and a Bachelor degree in a related field; or an equivalent combination of experience and education. Job Posting Date 05/25/2026Job Category Administrative SupportBargaining Unit L34Compensation Grade Labor Grade DCompensation Grade Profile Hourly Range $31.83Time Type Full timeDuration Type StaffWork Model HybridBackground Check Requirements All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements. All offers are contingent upon the successful completion of the background check. For additional information on the background check requirements and process visit "Learn about background checks" under the Applicant Support Resources section of Careers on the It's Your Yale website. Health Requirements Certain positions have associated health requirements based on specific job responsibilities. These may include vaccinations, tests, or examinations, as required by law, regulation, or university policy. Posting Disclaimer The hiring rate of a role is determined in accordance with the provisions outlined in the respective collective bargaining agreement.
Note Yale University is a tobacco-free campus.
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