Royalty Accounting Manager
Universal Music Group
Franklin, TNThis was removed by the employer on 6/23/2017 3:22:00 PM PST
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Full Time Job
Description
This role has ultimate responsibility for the management, monitoring of external royalty payments, the reconciliation of processed income from a work, agreement, statement and source level, Including all royalty income statements received from UMP USA’s suppliers/partners, the review and verification of royalty distribution statements to UMP USA clients. It is essential to develop and have a full understanding of UMPG end to end processes and data, including agreement entry, work entry and work registration through to royalty distribution for all of our writers and other clients.
The Royalty Accounting Manager will have experience at setting and meeting deadlines, organised with an attention to detail, be able to work independently as well as part of a team, be able to communicate and report to senior management and respond in a timely manner to internal and external customers. They will have the ability to develop and deliver work-plans and timelines.
The position reports to the Senior Director Royalty and is based in UMPG offices in Nashville
Job Functions:
• Reconcile payments in SAP to those in PREF (Payment reconciliation)
• PREF/SAP client address maintenance
• Prepare Intercompany payments with Global Admin
• Prepare payment requests
• Manage production of income participation, artist and producer statements
• Prepare income processing exceptions for Global Admin
• Reconciling monthly incoming statement files
• Unclaimed property calculation and payments
• Periodic reconciliation of income received and royalty processed
• SAP enquiries
• Support out-going statement process
• Administer, review and prepare settlements
• Support audit demands (internal & external) with Royalty Audit Manager
• Support system implementation as needed.
• Liaise and support Global Admin and NA Finance team
• Vendor maintenance
Job Requirements:
Skills/Abilities:
• Ability to set of timelines and priorities
• Analytical and problem solving skills
• The ability to work on a day to day basis without daily direction, self-manage the team through individual tasks and priorities
• Ability to explain financials and analysis including royalty calculations and performance metrics
• Follows through on open issues though to resolution, meets deadlines in an efficient and effective way
• Contribute to the NA Administration team; operate as a team player, ensuring a full understanding of the end to end business and value chain.
• Promote a customer orientated culture improving client service and relations
• Motivated and open to change with ability to bring new and practical ideas
• Know when to delegate tasks and deliver quality output.
• Communicate and express issues in a clear and logical way to colleagues with a various level of expertise
• Excellent MS Office skills, particularly Excel as well as being comfortable learning to extract data from customized systems
Experience:
• Minimum 3 years Music publishing, royalty and finance experience essential
Education:
• Bachelor’s Degree Preferred
Universal Music Group is an Equal Opportunity Employer.
Disclaimer
This job description only provides an overview of job responsibilities that are subject to change.