Royalty Accountant

Stellenbosch, Western Cape, South Africa

Job Description


Citrogold is 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. We are seeking a Royalty Accountant to join our 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.Main duties include, but are not limited to: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.Qualifications and experience required:-Post Matric relevant accounting qualification with completed SAIPA/SAICA articles required.-Minimum 2 years post articles experience required.Competencies:-Drivers licence-Fully bilingual in English and Afrikaans.

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Job Detail

  • Job Id
    JD1327073
  • 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