Royalty Analyst

Tri Star Sports and Entertainment Group,IncWest Hollywood, CA
4dOnsite

About The Position

This position requires a highly organized individual who possesses strong initiative and has the ability to complete multiple projects in a deadline driven environment. This individual must be able to communicate effectively and understands the need to work in an integrated manner with other members of the department in furtherance of goals, objectives, and knowledge.

Requirements

  • Ability to reliably commute and report to the Tri Star office.
  • BA or BS in Finance, Accounting, Business, or related field.
  • 3+ years of work experience, preferably in the music or entertainment industry working with music royalties, publishing, and/or licensing.
  • Proficiency in Excel, including Pivot Tables and formulas (such as VLOOKUP and SUMIF).
  • Strong analytical and problem-solving skills, with clear attention to detail.
  • Ability to set goals, manage timetables and meet deadlines.
  • Experience with an accounting system (QuickBooks, Dynamics, SAP, Oracle).
  • Experience with data mining tools (Access, SQL, BI).
  • Experience developing metrics for reporting, using data visualization tools Tableau or Power BI.
  • Prior experience working in accounting, audit, royalty accounting, music and/or licensing.
  • Experience or education in the music business, particularly music royalties or audit.
  • Eagerness to learn new skills and concepts.
  • Strong written and verbal communication skills with the ability to interact across the organization.
  • Extremely detail-oriented to create accurate and timely reports.
  • Strong work ethic with a positive attitude & a fit with the company’s culture & values.

Responsibilities

  • Downloading and summarizing royalty statements from portals.
  • Combining and formatting large electronic datasets.
  • Maintaining organization of electronic files and folders.
  • Aggregating, transforming, summarizing, and analyzing various datasets by creating databases, designing pivot tables, and running queries.
  • Reconciling royalty subledger activities to the general ledger.
  • Reconciling various third-party liability account balances.
  • Analyzing existing royalty system terms to ensure alignment with agreements.
  • Analyzing data to find underpayments of royalties and create claim schedules.
  • Preparing accurate and timely monthly, quarterly, and semi-annual royalty statements to comply with contractual obligations, ensuring all costs and advances are reconciled to the general ledger.
  • Preparing royalty schedules for insurance applications and/or renewals.
  • Preparing customized royalty reports as requested.
  • Conducting Internet research.
  • Communicating client change of address and direct deposit information to income sources.
  • Responding to inquiries from internal teams.

Benefits

  • A collaborative, team oriented working environment
  • Exposure to unique projects in a variety of industries
  • Opportunities to contribute ideas and propose solutions alongside industry leading experts
  • Competitive salary and benefits
  • Encouraged work/life balance, including generous time off policies
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