Royalty Accountant
Universal Music Group
Nashville, TNThis was removed by the employer on 3/19/2015 4:21:00 PM PST
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Full Time Job
JOB DESCRIPTION:
Capitol Christian Music Group in Brentwood, TN is seeking a Royalty Accountant.
Job Purpose
The role exists to ensure accurate and timely processing of inbound royalty license income while preparing routine journal entries and account reconciliations.
Essential Job Functions
• Receive license income generated from external uses of CCMG masters for both
domestic and foreign uses through to the recording in the financial accounting systems.
• Process all inbound royalty wires and record transactions.
• Maintain license income deposit log.
• Process all master license income in an accurate and timely manner based on the
statements received.
• Properly process statements received via paper and electronic files.
• Create and maintain the cross-reference database for each income source to ensure
accurate and efficient processing.
• Prepare journal entries for assigned general ledger accounts.
• Prepare account reconciliations for assigned general ledger accounts as part of
company's financial month-end close process.
• Maintain strong cross-divisional working relationship with company's licensing staff,
international, and credit departments as well as parent company's associated entities.
• Assist in research and analysis for royalty audits, as needed.
• Assist outbound royalty team as needed for the various mailings and file maintenance.
• Other duties and responsibilities as assigned.
Company Description
Capitol Christian Music Group is the market leader in the field of recorded music, distribution, and music publishing. Employing over 150 people, Capitol CMG provides a challenging and rewarding work environment characterized by a commitment to our staff, our artists and songwriters, one another, our customers and community service.
JOB REQUIREMENTS:
Desired Skills and Expertise
Proficient in:
• Account Reconciliation
• Preparation of routine journal entries
• Solid knowledge of basic accounting principles with royalty accounting experience a plus
• Strong organizational skills
• Professional communication skills
• Solid Excel skills necessary and a working knowledge of Access is a plus
• Detail-oriented
Education & Experience:
• 3 to 5 years of relevant experience
• Accounting or Music Business degree preferred