12 Nov
|
ForeFlight
|
Bengaluru
12 Nov
ForeFlight
Bengaluru
Key Responsibilities
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 recent 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). Revenue & Billing Reconciliation
• 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. Month-End Accounting
• 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. Cross-Functional & Ad Hoc
• Respond to internal data requests on reconciliations, reporting, and timelines.
• Support special projects and suggest improvements to processes and controls. Required Qualifications
• 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. Preferred Qualifications
• Familiarity with OEM licensing, royalty methodologies, and fee tables.
• Familiarity with Cognos, Oracle, and/or Smartsheet. Competencies Expected
• 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. You'll Thrive Here If You…
• 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. About ForeFlight, LLC: 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) 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
📌 Royalty Analyst II (Bengaluru)
🏢 ForeFlight
📍 Bengaluru