Royalties & Payables Coordinator

Concord Music Group, Inc.•New York, NY

22h•$50,000 - $55,000•Hybrid

About The Position

Concord is the world’s leading independent music company. The Company supports more than 125,000 artists and songwriters whose works are licensed, marketed, and performed globally. Concord's growing catalog of 1.3 million songs, compositions, sound recordings, films, plays, and musicals is one of the most impactful and culturally relevant collections of creative rights in history. Concord is headquartered in Nashville with additional offices in Los Angeles, New York, London, Berlin, Melbourne, and Miami. CONCORD THEATRICALS IS THE WORLD’S MOST SIGNIFICANT THEATRICAL AGENCY, COMPRISED OF R&H THEATRICALS, THE MUSICAL COMPANY, TAMS-WITMARK, SAMUEL FRENCH AND DRAMATISTS PLAY SERVICE. Concord Theatricals is the only firm that provides truly comprehensive services to the creators and producers of plays and musicals under a single banner, including theatrical licensing, music publishing, script publishing, cast recording and first-class production. Position Purpose: The Royalties and Payables Coordinator is responsible for maintaining worldwide vendor, payment and royalty systems and processes for Theatricals. The Coordinator helps manage authors/vendors and assists the Theatricals Royalties and Accounting team in performing payment runs, bank reconciliations and reporting. Works under close/direct supervision.

Requirements

Bachelor’s degree in business, finance/accounting, arts management or other related degree required, or the equivalent combination of education and experience required.
Ability to multitask and prioritize a variety of projects in a busy department required.
Ability to take initiative, be proactive, and follow through on projects required.
Strong organizational skills and ability to be detail oriented required.
Excellent written and oral communication skills
Strong Microsoft Excel skills required; Prior experience with banking portals or in NetSuite ERP, COGNOS EPM or Rightsline, Alliant a plus.

Nice To Haves

Prior experience working with contracts, royalties, or theatrical company/general management preferred
Interest in Theatre, Music or Performing Arts preferred, but not required.

Responsibilities

Correspond directly with authors, agents, beneficiaries, and vendors to collect necessary payment and tax documentation.
Onboard new clients/vendors using corporate vendor portals (i.e. Graphite) and procedures.
Maintain accurate payee contact and tax information within our database and contract management system and respond timely to client/vendor inquiries.
Create payments to clients/vendors (including check and ACH) in NetSuite and online banking platform.
Reconcile payments with bank and compile reporting as needed.
Maintains and updates the Theatricals information systems (Rightsline, Alliant, NetSuite) when new deals or advances are completed to ensure royalties will be processed properly.
Collaborate with the Business Affairs team to facilitate redirections of payments/royalty reporting, facilitate advance and royalty payments, confirm deal set-ups and royalty splits against contract terms.
Assists Corporate Tax and Corporate Accounting teams with regulatory requests, such as IRS forms 1099 and 1042 at year end, unclaimed funds/escheatment process, etc.
Support Theatricals Royalties and Accounting teams with additional duties as assigned.