Associate Manager

Universal Music•Woodland Hills, CA

1d•$56,100 - $90,200

About The Position

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world. How we LEAD: We are currently seeking to fill the role of Associate Manager . In this role, you will be responsible for all aspects of account management including income tracking, creating and managing artist accounts to ensure that we are accurately reporting royalties and participations to artists and third parties in accordance with the applicable agreements and licenses. You will also be responsible for accuracy in monthly royalty expenses and accruals, cash forecasting and partnering with label management on artists projects. This position affords the right candidate exposure to all aspects of royalty and participation reporting and to many key players in the business space. The right candidate will have a passion for music and be hungry to learn and grow in the business of music. How you’ll CREATE: Review and administer statements for artists and third-party participants. Communicate with various parties (internal and external) to obtain contracts and verify participation splits to ensure all obligations are executed in accordance with contract terms and understandings of all contractual parties. Review contracts and briefs prepared by Business Affairs for accounting obligations. Support UMG Finance with Royalties Financial reporting. Answer all daily inquiries from internal and external clients in a timely and professional manner. Perform monthly analysis of expenses for key accounts to ensure they are in line with contract terms. Prepare and post corrections to the relevant systems. Other duties as assigned Bring your VIBE: Skills/Abilities: Strong analytical, organizational and problem-solving skills with attention to detail Self-motivated Must be able to prioritize work and meet deadlines with little oversight Work well under pressure in a fast-paced environment Excellent verbal and written communication skills Proficient in Microsoft Excel, Word and OneNote Ability to learn new concepts quickly and efficiently Accountability for deliverables Collaborative nature Commitment to work overtime as required Experience: Minimum 3 years work experience preferred Experience with recording contracts and royalty accounting preferred. Experience with participations or residuals. Experience with Financial Accounting (including journal entry preparation and accruals) Education: Qualification (four-year college degree or certificate) in Music Business, Accounting or Finance or equivalent work experience is preferred.

Requirements

Strong analytical, organizational and problem-solving skills with attention to detail
Self-motivated
Must be able to prioritize work and meet deadlines with little oversight
Work well under pressure in a fast-paced environment
Excellent verbal and written communication skills
Proficient in Microsoft Excel, Word and OneNote
Ability to learn new concepts quickly and efficiently
Accountability for deliverables
Collaborative nature
Commitment to work overtime as required
Minimum 3 years work experience preferred

Nice To Haves

Experience with recording contracts and royalty accounting preferred.
Experience with participations or residuals.
Experience with Financial Accounting (including journal entry preparation and accruals)
Qualification (four-year college degree or certificate) in Music Business, Accounting or Finance or equivalent work experience is preferred.

Responsibilities

Review and administer statements for artists and third-party participants.
Communicate with various parties (internal and external) to obtain contracts and verify participation splits to ensure all obligations are executed in accordance with contract terms and understandings of all contractual parties.
Review contracts and briefs prepared by Business Affairs for accounting obligations.
Support UMG Finance with Royalties Financial reporting.
Answer all daily inquiries from internal and external clients in a timely and professional manner.
Perform monthly analysis of expenses for key accounts to ensure they are in line with contract terms.
Prepare and post corrections to the relevant systems.
Other duties as assigned

Benefits

Comprehensive medical, dental, and vision coverage
Including 100% coverage for out-patient in-network mental health services
Fertility coverage for eligible medical plan participants
Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)
Student Loan Repayment Assistance and Tuition Reimbursement
401(k) with 100% immediate vesting on the first 5% of your contributions, plus an additional UMG contribution
A variety of ways to prioritize much-needed time away from work including:
Flexible Paid Time Off (PTO) for exempt employees
3-weeks PTO for non-exempt employees
2-weeks paid Winter Break
10 Company Holidays (including Juneteenth and Wellbeing Day)
Summer Fridays (between Memorial Day and Labor Day)
Generous paid parental leave for every type of parent