Analyst, Royalties

Warner Music Group•Nashville, TN

1d•$25 - $29•Remote

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. A little bit about our team: The U.S. Shared Services organization is based in WMG’s Center of Excellence for Shared Services in Nashville, Tennessee (the “Center”). The Center consists of five departments: Analysis, Finance, Legal, Licensing, and Reporting. Employees of the Center provide services to all of WMG’s U.S. record labels, Warner Chappell Music Publishing, WEA Corp. and Alternative Distribution Alliance (WMG’s distribution companies), and WMG’s other U.S. business units. Why this could be your next big break: The candidate hired to fill this position will be responsible for entering and maintaining record royalty rates for the applicable royalty recipient and rendering record royalty statements for the Group’s record label clients. The candidate will analyze output from the various royalty and financial systems to respond to questions and communicate results to internal and external departments and clients.

Requirements

Must be able to work well independently and as part of a team
Have strong computer skills, including strong data entry and data analysis skills (with an emphasis on accuracy and problem-solving) and strong proficiency using Microsoft Office’s Excel, including pivot tables and vlookups, Word and PowerPoint applications; familiarity with Microsoft Office’s Access application is strongly preferred, but not required;.
Possess excellent verbal and written communication skills
Possess excellent analytical, mathematical and organizational skills
Meet deadlines consistently and effectively while working under pressure
Must be able to manage multiple assignments at any given time and prioritize them effectively and appropriately

Nice To Haves

Bachelor’s degree required
Candidate should possess 0 to 2 years’ experience working in a position or positions involving the administration and analysis of artist royalties
Candidate should be prepared to work overtime toward the end of each quarterly or semi annual royalty statement cycle; candidate should be prepared to schedule vacation days at times that will not conflict with these deadlines, so that their absences do not interfere with their ability to meet royalty statement deadlines.

Responsibilities

Review and analyze recording agreements, producer agreements and other similar agreements (and any corresponding deal summaries or deal memos) for the purpose of identifying and summarizing the applicable royalty rates, related terms and payee information for a given record or recording and then enter those terms into WMG’s artist royalty system
Analyze output from the various royalty systems to respond to questions and communicate results to WMG Labels Business Affairs Departments
Perform Fund Calculations for Business Affairs based on Artist contractual language. Perform Recoupment analyses for 3rd party recipients
Assist with WMG’s monthly, quarterly and annual financial close processes as needed by responding to information requests from WMG’s Corporate and Royalty Finance Departments and the Finance Departments of WMG’s U.S. Record Labels
Create and maintain royalty accounts information for royalty recipients in WMG’s artist royalty system, including by updating the recipient’s contact information and tax identification numbers as needed
Link individual record products to the applicable contractual terms as they have been set-up in WMG’s artist royalty system in a timely manner
Perform and review adjustments to existing royalty rate set-ups in WMG’s artist royalty system, as needed
Process and review semi annual, quarterly and monthly artist royalty statements to ensure the accuracy of both the royalty rates applied and the underlying earnings on which royalties are being paid
Ensure that artist royalty statements are issued in a timely manner
Provide the Income Tracking Team in the Revenue Assurance Group with direction regarding the contractual terms to be applied to third party licensing income, to ensure that royalty recipients are paid properly with respect to third party licenses
Perform any other duties and tasks related to the Department’s role and responsibilities that might be assigned by the Team’s senior management from time to time.