Jr. Royalties Analyst
About The Position
The Jr. Royalties Analyst supports monthly royalty payout operations and reporting at UnitedMasters. The role reviews contracts to determine royalty payment requirements, enters contractual information into the rights management system, and reviews and uploads royalty reports while resolving data conflicts. It also processes artist royalty statements for contract compliance, records transactions in the royalty system, tracks statements and outstanding issues, and prepares licensing and royalty data for internal business partners. The position works closely with agents to obtain royalty statements on time and with the Corporate Finance/Accounting team. It also supports Sales and Finance through ad hoc requests and analytics, and may assist with month-end close, participation reporting to the parent company and other parties, the licensee audit program, and the development of standards, processes, and procedures.
Requirements
- Bachelor’s degree in Finance, Accounting, Business, Music Business, or a closely related field.
- At least 2 years of royalty experience.
- Detail-oriented, with excellent organizational, communication, and interpersonal skills.
- Able to adjust to multiple demands and a changing, fast-paced environment.
- Ability to work independently, take initiative, and exercise professional judgment.
- High level of attention to detail and accuracy.
- Advanced MS Excel skills, including pivot tables, subtotal, sort, filter, IF statements, and VLOOKUPs.
Responsibilities
- Participate in the monthly royalty payout run process.
- Prepare monthly royalty payment reports and supporting documentation.
- Review contracts to determine royalty payment requirements.
- Assist in reviewing new contracts received from licensors.
- Enter required contractual data points into the rights management system.
- Review and upload royalty reports, identifying and resolving data conflicts.
- Liaise with agents to ensure timely receipt of royalty statement reporting.
- Prepare monthly third-party royalty statements.
- Work closely with the Corporate Finance/Accounting team.
- Handle ad hoc requests and prepare analytics to support the Sales and Finance teams.
- Process and review artist royalty statements for contract compliance.
- Record transactions in the royalty system.
- Track statements to be processed and update the status of outstanding issues.
- Prepare licensing and royalty data for reporting to internal business partners.
- Assist with month-end close and preparation of participation reporting to the parent company and other parties.
- Assist with the licensee audit program and the development of standards, processes, and procedures.
- Perform other duties as assigned.
Benefits
- Company-sponsored medical, dental, and vision plans.
- 401(k) with company match.
- Depending on the role and individual circumstances, additional compensation opportunities such as bonuses and stock options.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
