Senior Royalty Manager

About the role

The Senior Royalty Manager will lead and manage a small squad of Royalty Managers responsible for the accurate and timely preparation, analysis, review, and issuance of royalty statements to authors, agents, and other contractual parties for the Macmillan US Trade division. This team management role carries full accountability for the accuracy and integrity of the team’s end-to-end royalty operations. In addition, the role will collaborate extensively with various departments within the organization, as well as external parties, to ensure transparency, accuracy, and trust in royalty-related operations. This position is classified as remote but is tied to our New York, NY office located at 120 Broadway. Employment is subject to New York State tax withholding under applicable regulations. Macmillan Publishers is the U.S. trade company that is part of the Holtzbrinck Publishing Group, a large family-owned group of media companies headquartered in Stuttgart, Germany. Holtzbrinck Publishing Group's publishing companies include prominent imprints around the world that publish a broad range of award-winning books for children and adults in all categories and formats. U.S. publishers include Celadon Books, Farrar, Straus and Giroux, Flatiron Books, Henry Holt & Company, Macmillan Audio, Macmillan Children’s Publishing Group, The St. Martin's Publishing Group, and Tor Publishing Group. In the UK, Australia, India, and South Africa, companies in the Holtzbrinck Publishing Group publish under the Pan Macmillan name. The German publishing company, Holtzbrinck Deutsche Buchverlage, includes among its imprints S. Fischer, Kiepenheuer & Witsch, Rowohlt, and Droemer Knaur.

Responsibilities

• Supervise, mentor, and develop a team of 2-3 Royalty Managers, fostering a collaborative and high-performing environment. This includes the review and assistance of adjustments, corrections, and complex contract setup, when needed.
• Develop team capabilities and set team goals, priorities, and performance expectations, ensuring alignment with departmental and organizational objectives.
• Oversee the assignment of tasks and responsibilities within the team, ensuring efficient workflow, coverage, and that all deadlines are met.
• Conduct regular team meetings, providing updates, addressing challenges, and facilitating knowledge sharing.
• Conduct performance reviews and provide ongoing feedback and coaching to team members.
• Own royalty statement preparation and issuance for an imprint.
• Review and apply contract terms, and oversee payee setup in the royalty system.
• Review and analyze sales data interfacing with the royalty system, ensuring accuracy and completeness.
• Post expenses, fees, and deductions to the royalty system.
• Complete initial and subsequent reviews of royalty statements to guarantee accuracy and compliance with contract terms and company policy.