Royalty Analyst Income Processing

Royalties & Copyright Req. R0006114


Description

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:

UMG is currently seeking to fill the role of Royalty Analyst Income Processing. In this role, you will be processing license income receipts received from other companies.  Payments related to those statements must be processed as income and if applicable, must be shared with relevant UMG Artists/Participants to ensure that we are accurately reporting royalties to artists and third parties in accordance with the applicable agreements and licenses.

This position affords the right candidate exposure to all aspects of royalty reporting and 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:

  • Analyze and process licensing income receipts for royalty obligations
  • Process adjustments to the Royalty System, BRC (Back Royalty Calculation)
  • Set up manual articles in accordance with royalty contracts
  • Mainframe data entry
  • Maintain various detailed logs
  • Assist with daily inquiries in a timely manner
  • Assist with Month-end tasks – Analysis/Reconciliation/Journal Entry
  • Provide supporting documents to Audit
  • Other duties as assigned

Bring your VIBE:

Skills/Abilities:

  • Strong quantitative, analytical, and organizational skills with attention to detail.
  • Self-motivated.
  • Must be able to prioritize work and meet deadlines in a fast-paced environment.
  • Excellent verbal and written communication skills.
  • Proficient in Microsoft Word and Excel.
  • Ability to work well in a team environment.
  • Experience with recording contracts and royalty accounting a plus.
  • 4-year college degree in Business, Accounting or Finance or equivalent work experience.

Universal Music Group is an Equal Opportunity Employer

All UMG employees are currently required to be fully vaccinated against COVID-19 or provide proof of a negative PCR or Antigen test before entering any Company offices unless they have been approved for an exemption or unless prohibited by applicable law.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.