Jr. Royalties Analyst

UMT•Brooklyn, NY

About The Position

The Jr. Royalties Analyst supports UnitedMasters’ royalty operations, including monthly payout runs, royalty reporting and statements, contract review, and maintenance of contractual and royalty data in the rights management and royalty systems. The role works closely with agents, Licensors, Corporate Finance and Accounting, and internal business partners in Sales and Finance to support accurate and timely royalty processing and reporting. The analyst also assists with month-end close, participation reporting, the licensee audit program, and the development of standards, processes, and procedures. Additional responsibilities may be assigned.

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.
  • Ability 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, subtotals, sorting, filtering, 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 and Accounting team.
  • Handle ad hoc requests and provide 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.
  • Assist in preparing participation reporting for the parent company and other parties.
  • Assist with the licensee audit program.
  • Assist with developing 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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