Job Summary:
Access Advance LLC is an independent licensing administrator company formed to lead the development, administration, and management of patent pools for licensing essential patents of the most important standards-based video codec technologies.
Reporting to the Controller and Director of Compliance, Licensee Operations, the Auditor will help ensure that our patent pool licensees are complying with their obligations under our licensing agreements. Primary responsibilities in this position include reviewing license agreements; conducting/coordinating risk-based audits; tracking licensing obligations, and overall monitoring of compliance. This position will also advise internal stakeholders on compliance matters and updates related to licensing and intellectual property and will work with these stakeholders on resolutions to audit conclusions and issues. The successful person in this role thrives working independently and as part of a team in a fast-paced and will enjoy collaborating with cross-functional teams in support of licensing needs for new patent pools and services. Other projects will be assigned as the needs arise, allowing for significant opportunity for professional growth in a highly successful company.
Specific Job Responsibilities:
- Review license agreements, conduct risk-based audits, and monitor compliance to identify potential risks or violations
- Perform trend analysis of the royalties reported by licensees to identify unusual items or inconsistencies
- Perform desktop audits or inquiries from licensees regarding royalty statements
- Track licensing obligations, deadlines, and renewal dates to ensure timely compliance
- Collaborate and develop relationships with a wide range of internal stakeholders to resolve audit matters; Liaise with external licensees and partners to resolve compliance issues, disputes, and clarify licensing terms
- Coordinate and assist the audit process performed by third party auditors
- Maintain accurate records of licensing agreements, renewals, and any amendments or changes to contracts
- Develop and implement compliance procedures and best practices to ensure all licensing obligations are met
- Collaborate with cross-functional teams to support the licensing needs of new products or services
- Advise internal teams (legal, finance, operations, etc.) on compliance matters related to licensing and intellectual property
A successful candidate will exhibit the following skills and abilities:
- Knowledge of accounting and financial auditing standards, principles, investigative methods, procedures, and business practices
- Demonstrate skills in researching and analyzing data from multiple sources, analyzing various financial, business, technical, and legal documents
- Provide timely and effective written and oral directions as well as demonstrating the ability to produce spreadsheets and word processing final products
- Show deductive and inductive reasoning skills to solve complex problems and make decisions based on the relative costs and benefits of potential actions.
- Be self-motivated, possess a strong work ethic, maintain a positive attitude, and enjoy working with people.
- Exhibit confidence through strong oral and written communication skills and have the ability to coordinate with personnel across the organization and convey contentious information as well as defending your position/perspective
- Provide examples of organization, time management and the ability to multi-task
- Show the ability to work collaboratively with internal and external (i.e., contractors) team members
- Demonstrate detail, accuracy, and deadline orientation
- Prove strong analytic skills, and ability to identify inconsistencies, non-compliance or unusual items/trends that will require further investigation
- Be able to prepare work papers / reports in an accurate and concise manner
Minimum Qualifications:
- Bachelor’s degree in accounting, business, finance, economics, or similar field
- Minimum of 3+ years of financial audit and accounting experience, (preferably with the big 4)
- In depth demonstrated knowledge and experience with accounting and auditing standards, principles and practices, investigative methods and procedures
- Proficiency with the Microsoft Office Suite
- Proven success in identifying audit findings and/or other improvement opportunities
- Strong communication skills – ability to coordinate with personnel across the organization
- This is a hybrid job, but the candidate must be willing to work out of an office in Boston, MA
Desired Qualifications:
- Royalty/licensing audits experience
- Working knowledge of the licensing business