Specialist, Licensing Administration

Role Summary: The Specialist, Licensing Administration is responsible for managing the commercial aspects of licensing agreements, including contracts, royalties, and compliance. The role focuses on maintaining strong relationships with licensees, ensuring accurate financial execution, and driving business growth through new licensee development. The position plays a critical role in aligning commercial performance with organizational objectives. Roles & Responsibilities: • Contract Management: Manage licensing agreements, including negotiations, renewals, and amendments. • Royalty Tracking & Compliance: Monitor licensee production and sales reports to ensure accurate royalty calculations and compliance with agreements. • Invoicing Coordination: Coordinate with finance to ensure timely and accurate invoicing and collection of royalties. • Licensee Relationship Management: Build and maintain strong relationships with licensees, ensuring responsiveness and long-term collaboration. • New Licensee Development: Identify and develop new licensing opportunities to expand market presence. • Financial Coordination: Work closely with finance teams to ensure proper execution of invoicing, reporting, and reconciliation. • Logistics Coordination: Oversee asset movement, including gauges and tools, ensuring proper tracking and compliance. • Compliance Monitoring: Ensure adherence to contractual terms, company policies, and applicable regulations. • Reporting & Analysis: Prepare commercial reports, performance dashboards, and forecasts related to licensing activities. Qualifications: Bachelor’s degree in Material Science Engineering, Mechanical Engineering, Petroleum Engineering, or related field preferred. Experience: Minimum 3–5 years of experience in license administration or licensing roles in Oil & Gas Industries. Skills: • Strong commercial and contractual acumen. • Financial understanding (royalty calculations, invoicing). • Excellent negotiation and relationship management skills. • Strong organizational and coordination abilities. • Proficiency in reporting and data analysis.

Contract Management: Manage licensing agreements, including negotiations, renewals, and amendments. Royalty Tracking & Compliance: Monitor licensee production and sales reports to ensure accurate royalty calculations and compliance with agreements. Invoicing Coordination: Coordinate with finance to ensure timely and accurate invoicing and collection of royalties. Licensee Relationship Management: Build and maintain strong relationships with licensees, ensuring responsiveness and long-term collaboration. New Licensee Development: Identify and develop new licensing opportunities to expand market presence. Financial Coordination: Work closely with finance teams to ensure proper execution of invoicing, reporting, and reconciliation. Logistics Coordination: Oversee asset movement, including gauges and tools, ensuring proper tracking and compliance. Compliance Monitoring: Ensure adherence to contractual terms, company policies, and applicable regulations. Reporting & Analysis: Prepare commercial reports, performance dashboards, and forecasts related to licensing activities.