daniel melo

* Assisted the Director of royalties in performing compliance, operational, financial, and author * audits of the accounting and financial activity of the Royalties department. * Completed audit review assignments aimed at identifying improper accounting or documentation * and produced work papers showing audit results. * Insured that audit documentation was accurate and contained sustaining evidence to meet the * audit objectives. * Interacted with outside auditors to help reconcile discrepancies and supported the external * auditing task.

* Assisted authors with inquires related to the payment and reporting of royalties. * Posted corrections and adjustments into the royalty system. * Reviewed key author statements before the royalty run. * Set up vendor master information in the royalty system.

* Processed purchase orders from international subsidiaries. * Researched short-shipments and delivery of orders by direct international customers. * Provided order activity analyses to the credit and collections department. * Created Pro Forma invoices for internal and external customers.

* Approve and execute weekly payment run, yearly total over one hundred million. * Communicate with key external vendors and internal department heads to ensure smooth * payment request processing and timely payment delivery. * Establish department guidelines, create standard operating procedures, set up output goals, and * evaluate team performance for the Royalty and Accounts Payable departments. * Review analyses of vendor debit balances, AMEX reconciliations, invoice aging, internal * performance auditing, and productivity logs.

* Oversee the accounting function related to royalty payments by controlling vendor set up and * maintenance, creation of author contracts in the royalty system, accounting of royalty revenue * from various foreign sources, offline accruals, system enhancements, and statement delivery. * Establish department guidelines, create standard operating procedures, set up output goals, and * evaluate team performance. * Reconcile General Ledger accounts, approve advance payments, perform analyses of author * balances.

* Oversee the Royalty accounting process globally for eleven legal entities in Europe and the US, * Execute the quarterly, semiyearly, and yearly royalty runs for eleven legal entities. * Record company-wide monthly royalty accruals. * Standardize all royalty processes across the various entities to fit best business practices. * Conceptualize, and document royalty system developments to serve the royalty function globally. * Oversee testing and successful implementation of developments and enhancements to the * royalty system performed by internal and external consultants. * Communicate across the organization about relevant technological, procedural or policy related * changes.