Royalty Accountant (fruit Industry)

Stellenbosch, Western Cape, South Africa

Job Description


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, is 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 our intellectual property contractual obligations towards IP owners.Key accountability areas:

  • 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, experience and competencies required:
  • Post Matric relevant accounting qualification with completed SAIPA/SAICA articles required.
  • Minimum 2 years post articles experience required.
  • 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
If you are a professionally presentable, goal-oriented, proactive person with exceptional organisational skills, take pride and ownership in your contribution, have excellent attention to detail and want to be part of a dynamic organisation, please apply online with a comprehensive CV, and a cover message motivating your application and expected remuneration.

Agrijob

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Job Detail

  • Job Id
    JD1311508
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Stellenbosch, Western Cape, South Africa
  • Education
    Not mentioned