Royalty Analyst II
Jeppesen ForeFlight
OEM Royalty & Licensing
- Prepare monthly royalty revenue and expense calculations, applying OEM contract terms and fee tables accurately.
- Reconcile OEM partner royalty reports to internal calculations; identify, research, and resolve discrepancies and escalate complex items to the Senior Royalty Accountant.
- Support royalty and licensing audits by gathering documentation and preparing schedules.
- Support onboarding of new OEM products, including item numbers, fee structures, report definitions, and testing.
- Maintain royalty data and workflow in Smartsheet, the system of record for the end-to-end royalty process.
- Help track OEM and licensing KPIs: billed revenue, royalty revenue and expense, receivables aging, collections, and zero-dollar ($0) transactions (billed items that should carry a fee).
- Prepare internal revenue reporting reconciliations against payment processor data and investigate variances.
- Prepare balance sheet reconciliations and research general ledger (GL) variances.
- Prepare supporting schedules for monthly royalty payments.
- Maintain documentation that supports audit readiness and compliance.
- Prepare journal entries for accruals, revenue, and expense adjustments, calculating accruals from contracts and historical data.
- Support variance analysis of month-end results.
- Meet month-end close deadlines in coordination with Finance, Revenue Operations, and Billing teams.
- Respond to internal data requests on reconciliations, reporting, and timelines.
- Support special projects and suggest improvements to processes and controls.
- Bachelor’s degree in accounting, finance, or a related field.
- 5+ years of accounting experience in revenue recognition, royalty accounting, accounts receivable, billing, or reconciliations.
- Working knowledge of GAAP and audit practices.
- Proficiency in Excel, including lookups, pivot tables, and reconciliation workpapers.
- Strong attention to detail, organization, and problem-solving skills.
- Clear written and verbal communication; able to work independently and build relationships across teams.
- Familiarity with OEM licensing, royalty methodologies, and fee tables.
- Familiarity with Cognos, Oracle, and/or Smartsheet.
- AR lifecycle, accrual vs. cash accounting, revenue recognition fundamentals, and period-end cutoff principles.
- AR sub-ledger-to-GL reconciliations and an understanding of the full order-to-cash process; ability to flag items that need Technical Accounting review.
- Support for internal controls and external audits, including explaining reconciliations to auditors.
- Are a “go-getter” and can take initiative on a project without explicit direction or instructions.
- Want to understand the ‘Why’ behind the way something is done and aren't afraid to make changes when you see a better way.
- Are motivated to carry projects through to completion and don't get derailed with small obstacles.
- Can clearly articulate accounting concepts to cross-functional roles and will push back when support or rationale is not adequate for recording in the GL.
- Are team players who can work well with others in a high-growth, fast-paced environment.
- Can manage competing priorities while delivering accurate and timely information to stakeholders.
Jeppesen ForeFlight is a leading provider of innovative aviation software solutions, serving the Commercial, Business, Military, and General Aviation sectors globally. Combining Jeppesen’s 90-year legacy of accurate aeronautical data with ForeFlight’s expertise in cutting-edge aviation technology, the company delivers an integrated suite of tools designed to enhance safety, improve operational efficiency, and sharpen decision-making.
Why You Should Join: (India)
Benefits
At Jeppesen ForeFlight, we know you want a rewarding career. To do that, you need challenging projects, a good work environment, and awesome coworkers. We believe in our employees and empower them to make a direct impact on our products and services messaging. We strive to provide employees and their loved ones with a world-class benefits experience, focused on supporting their physical, financial, and emotional wellbeing. Our benefits package includes but is not limited to the following:
- Group Medical insurance
- Group term life, personal accident, and critical illness insurance
- Gym reimbursement
- 20 days of paid vacation time
- 12 days of paid sick time
- Employee Assistance Program