Royalty Income Analyst
Warner Music Group
Los Angeles, CAThis was removed by the employer on 6/5/2015 12:43:00 PM PST
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Full Time Job
WCM - Warner/Chappell Music, Inc
We are currently looking for an enthusiastic, detail oriented, team-player, and results-driven individual for the full-time position of Royalty Income Analyst, based in Los Angeles. This role is responsible for a variety of technical royalty tasks including dealing with domestic and Canadian performing rights societies, overseas affiliates, IT requests, cash book reconciliation, suspense research and statement dispatch.
Detailed Job Description/Responsibilities:
Reconciliation, payment and management of U.S. and Canadian royalties:
• Monthly, Quarterly and Bi-Yearly reconciling of royalty income.
• Analyzing and loading of local societal and record company data files.
• Creating, inputting and supervising statement processing for the U.S. and Canada.
Royalty Analyst Responsibilities:
• Responsible for specific areas of Royalty Processing and able to process royalty inquiries received from a variety of sources, to undertake relevant research and respond in a timely manner.
• Inputting detailed data into the WAMPs system.
• Using Excel and Text files to load 3rd Party files and analyze statements.
• Manually calculating royalty income using an excel package or access systems.
• Conduct suspense research through the in-house automated system using pre-determined schedule.
• Responsible for efficient administration of U.S. and Canadian royalties maintaining effective working relationships with executives in these territories.
• Responsible for maintaining good filing systems and the department archiving.
Participate in Project responsibilities for the Royalty Processing Team:
• Assist with the design of the new “Tango” system and work with Business Analyst to develop effective testing in appropriate areas.
• Assist in other general department issues as the pressure of work dictates.
• Offer strong support to the Royalty Processing Manager on issues that arise and projects as necessary.
Key Performance Measurements:
• Provide Royalty Analyst support in the management of U.S. and Canadian royalties.
General Requirements:
• Must be able to read and understand materials and documents and have the ability to recognize and extract critical data and information.
• Must be able to come to work on time without restrictions as to time commitment.
• Must be able to stoop, bend, stand, walk and sit for up to at least 10 hours a day.
• Must be able to lift up to 20 pounds on a semi-regular basis and perform other diverse physical tasks as needed.
• Must be able to work at and utilize all functions of a computer if necessary up to at least 10 hours a day to perform the required tasks and create and develop the necessary reports to summarize the results of research and projects and to communicate with others in the Company and with those necessary outside of the Company.
Education/Experience Required:
• Proven experience with music administration, ideally publishing or a collection society.
• Background in finance either through work experience or formal qualifications.
• Good understanding of Music Publishing and Performing Rights Societies.
• Advanced understanding of AS400 copyright applications.
• Advanced computer literacy on reporting packs such as Excel, Access and Business Intelligence.
• Good working knowledge of Royalty Calculations and use of rates.
• Excellent organizational skills.
• Excellent mathematical skills in calculating royalties and income.
• Excellent analytical skills.
• A proactive, flexible attitude and want to learn and progress.
• Ability to cope with a number of projects simultaneously and be able to work under pressure.
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