What are the responsibilities and job description for the Accountant position at Order of Saint Benedict/Saint John's Abbey?
**Applications are accepted online at: https://www.schooljobs.com/careers/osb**
Liturgical Press invites applications for the full-time, benefit eligible position of Accountant.
Liturgical Press is internationally known as a Catholic and ecumenical publisher in prayer and spirituality, Scripture, liturgy, theology, and monastic life. Founded in 1926, the Liturgical Press is the publishing house of Saint John's Abbey, a Benedictine community located within the 3000 acres of woods and lakes of Saint John's University's campus in central Minnesota.
The accountant position plays a critical role in the financial operations of Liturgical Press, ensuring the accuracy and timeliness of royalty payments to authors, licensors, and rights holders. This role involves meticulous contract analysis, data management, process improvement initiatives, and close collaboration with the Director of Finance and cross-functional teams to uphold the financial health and mission of the Press.
The Order of Saint Benedict offers competitive salaries and a comprehensive benefits program.
The posted wage represents Liturgical Press' good faith estimate of likely compensation at the time of posting. Actual pay will be dependent upon several factors, including the candidate's experience, qualifications, and skills, and may fall outside of the range indicated.
To learn more about Liturgical Press, please visit: https://litpress.org
Responsibilities:
- Royalty Contract Review: Review complex author and licensor contracts to determine accurate royalty rates, terms, and reporting requirements for all royalty relevant products.
- Royalty Calculation & Processing: Collect and analyze sales data from various distribution channels, accurately calculating royalties owed and preparing related journal entries for the general ledger.
- Royalty Reconciliation: Conduct thorough reconciliations of advance royalties, accrued royalties, and subventions against earned royalties to ensure accuracy.
- Royalty Statement & Reporting: Prepare and distribute timely and transparent royalty statements to authors and rights holders. Serve as the primary contact for all royalty inquiries, resolving discrepancies with professionalism and clarity.
- Compliance: Ensure all royalty calculations and payments comply with contractual obligations, GAAP, and internal controls.
- Process Efficiency: Work collaboratively with the business office and other departments to identify, recommend, and implement process improvements and system enhancements (e.g., automation tools) to increase efficiency and accuracy in payment cycles.
- Accounts Payable Review: Review accounts payable coding for accuracy and compliance with internal controls, escalating issues to the Director of Finance as needed.
- Financial Reporting Assistance: Assist the Director of Finance with month-end and year-end closing procedures, including preparing reconciliations, supporting schedules for audits, and various financial analyses or reports as needed.
REQUIRED QUALIFICATIONS:
Education:
A two-year accounting degree or equivalent post-secondary education in Accounting or Finance is required.
Desired Qualifications:
A minimum of 3-5 years of progressive accounting experience, ideally within a publishing or intellectual property-driven environment. Experience related to royalty accounting or contract analysis is highly valued.
Knowledge, Skills and Abilities:
- Technical Proficiency: Strong proficiency in Microsoft Excel (pivot tables, VLOOKUPs) and experience with ERP systems and/or specialized royalty accounting software.
- Process Improvement Mindset: A strong focus on efficiency, proactively identifying opportunities to streamline workflows, reduce duplicate data entry, and collaborate closely with the business office to implement enhancements.
- Attention to Detail: Exceptional attention to detail and analytical problem-solving skills.
- Communication: Excellent written and verbal communication skills, with the ability to communicate complex financial information clearly to both internal staff and external stakeholders.
PHYSICAL ABILITIES:
Sitting for prolonged periods of time. Extensive use of computers and keyboard. Occasional walking and lifting may be required.
ADDITIONAL REQUISITES: (In addition to the qualifications noted on the job description, all employees are expected to abide by the following expectations):
1.Project an image of service which represents the Order of Saint Benedict and its corporate divisions.
2.Actively cooperate with the character and mission of the Order of Saint Benedict and its corporate divisions.
3.A willingness to maintain a high level of competence. Discreet judgment and confidentiality are expected at this level of responsibility, with a commitment to maintaining confidentiality of the Liturgical Press’s operations and related business matters.
4.Willingness to create and foster a positive, respectful, and inclusive work environment.
5.The personal safety and health of each employee is of primary importance in our operation. Each employee has the responsibility to prevent accidents and injuries. The Order of Saint Benedict and its employees have the responsibility to comply with Federal, State, and departmental regulations related to safety and health.
How to apply:
Applications are accepted online at: https://www.schooljobs.com/careers/osb
Candidates are asked to complete the application form and submit a cover letter and resume.
If you require an accommodation to participate in the OSB hiring process, please contact Human Resources at (320) 363-2874.
It is the policy of OSB to conduct a pre-employment background check. An offer of employment is contingent upon a successful background check.
Order of Saint Benedict is an Equal Opportunity Employer.
Job Type: Full-time
Pay: $58,500.00 - $62,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Parental leave
- Vision insurance
Work Location: In person
Salary : $58,500 - $62,000