Analyst, Master Use Licensing

Warner Music GroupNashville, TN
$26 - $29Remote

About The Position

At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we turn dreams into stardom and audiences into fans. We are guided by three core values that underpin everything we do across all our diverse businesses: Curiosity: We do our best work when we’re immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future. Collaboration: Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans. Commitment: We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we’re committed to keeping the faith, acting with integrity, and delivering on our promises. WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences. Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent. At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses: Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force. Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere. Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future. Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career. We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity. Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent. A little bit about our team: The Recorded Music Revenue Assurance team is responsible for the tracking, recognition, application, and analysis of revenues and artist royalties derived from third-party licensing, primarily revenues related to synchronization licensing, soundtracks, samples, compilations, and licensed merchandise across WMG’s family of labels globally. We support a number of teams across WMG in the execution of their responsibilities, including the licensing administration teams, frontline and catalog royalties, royalty audit, legal and rights enforcement, accounting operations, and label business affairs, as well as external parties such as licensing clients and artist management. As WMG’s footprint continues to expand in support of our growing roster of groundbreaking artists, our team’s responsibilities are always evolving. Your role: The Other Master Use Licensing Analyst oversees all aspects of recorded music licensing revenue as related to third-party soundtracks and compilations, samples, and label exclusivity waivers for side-artist participations. Through collaboration with the licensing administration teams and utilization of internal databases and SAP, this role will assist the Revenue Assurance team in ensuring the accurate processing, reporting, and analysis of revenues and expenses related to third-party licensing.

Requirements

  • You work well independently and as part of a team
  • You have exceptional attention to detail and sense of accountability
  • You demonstrate professionalism and have excellent verbal and written communication skills
  • You possess excellent analytical, mathematical, and organizational skills
  • You have strong computer skills, including strong data entry and data analysis (with an emphasis on accuracy and problem solving)
  • You demonstrate strong proficiency using Microsoft Office Excel (including pivot tables and vlookups), Word, and Outlook applications; familiarity with Microsoft Office’s Access application is strongly preferred
  • You are able to meet deadlines consistently, effectively, and accurately while working under pressure and time restraints
  • You are able to manage and prioritize multiple tasks and projects at any given time
  • You demonstrate familiarity with SAP financial applications (preferred, but not required)
  • You have a thorough understanding of core finance and accounting principles
  • You are passionate about the success of Warner Music Group’s artists

Nice To Haves

  • A strong passion for music across a wide array of different genres
  • 0-2 years of experience in the music and entertainment industry, particularly with a background in recorded music licensing and/or artist royalties
  • A core understanding of basic industry concepts and familiarity with contractual terminology and structure
  • Background in process improvement, automation, lean/agile methodologies

Responsibilities

  • Oversee the ‘other’ master use licensing revenue process for WMG, including accurately identifying and matching incoming payments to corresponding licensing deals; determining and obtaining the relevant statements; and closely supporting the various label licensing teams
  • Research unidentified accountings using various internal resources and by contacting third-party licensees, clients, and/or other vendors; professionalism and discretion is a must
  • Prepare monthly licensing entries to account for all domestic revenues received to allocate earnings from third-parties to the appropriate labels and artists
  • Proactively research, resolve, and process aged, unallocated cash as related to ‘other’ master use licensing; collaborate closely with licensees and the label licensing teams to obtain necessary documentation in the event of refunds
  • Prepare ad hoc licensing reports as related to ‘other’ master use licensing revenues, agreements, and royalty statements for various internal stakeholders as needed
  • Support royalty audit teams in compiling documentation and other support required for audit fieldwork
  • Perform various research projects as related to third-party licenses and payments as needed
  • Assist with any other duties and tasks related to the team’s roles and responsibilities that may be assigned by senior management from time to time
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