What are the responsibilities and job description for the Licensing Audit Analyst position at TeamPeople?
Primary Function
Our client is seeking an experienced Licensing Audit Analyst to provide continuity and support for its Internal Audit Licensing Center of Excellence (COE) during a planned leave of absence. This role will manage inbound and outbound royalty audits from initiation through resolution, serving as a key liaison between internal stakeholders, licensors, licensees, and third-party audit firms. The ideal candidate will have experience managing audit engagements, interpreting licensing agreements, and driving successful audit recoveries and compliance outcomes.
Duties & Responsibilities
- Manage the full lifecycle of inbound and outbound licensing audits, including planning, scoping, timeline management, and stakeholder coordination.
- Serve as the primary point of contact with external audit firms, licensors, and licensees throughout audit engagements.
- Review and validate audit findings, financial calculations, and contractual interpretations.
- Lead discussions related to disputed findings, corrective actions, settlements, and recovery opportunities.
- Prepare executive summaries, dashboards, and audit reports for leadership review.
- Collaborate with Finance, Legal, Commercial, Brand Management, and Revenue Accounting teams to support audit requirements and information requests.
- Maintain audit tracking schedules, recovery status reports, and complete documentation in accordance with company policies and contractual obligations.
- Provide guidance and continuity support to junior audit team members when needed.
- Identify and support revenue recovery and compliance improvement opportunities.
Skills & Qualifications
- Strong knowledge of licensing agreements, royalty provisions, audit rights, and contractual financial terms.
- Experience independently managing audit engagements from initiation through resolution.
- Excellent analytical, organizational, and problem-solving abilities.
- Strong verbal and written communication skills with the ability to present complex information to leadership.
- Proficiency with Microsoft Excel, PowerPoint, and other Microsoft Office applications.
- Experience with royalty management or audit tracking systems is a plus.
- Professional certifications such as CPA, CIA, CFE, or similar are preferred.
Education & Experience
- Bachelor's degree in Accounting, Finance, Business Administration, Legal Studies, or a related field.
- Minimum of 3 years of experience in licensing audits, royalty audits, contract compliance, financial auditing, or a related field.
- Demonstrated experience managing audits and working with internal and external business partners.
Salary : $40 - $48