Analyst, Royalty Operations
Sony Music
Rutherford, NJThis was removed by the employer on 6/19/2019 1:49:00 PM PST
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Full Time Job
The Royalty Analyst is involved in all royalty aspects for the assigned artist(s). This includes low to mid profile artists.
Responsibilities
• Reading the artist, producer, and/or third party contract to obtain relevant information.
• Interpreting contractual clauses related to the royalty obligation (with the assistance of the supervisor)
• Understanding the legal definitions of terms used within the contracts or related documents (with the assistance of the supervisor)
• Coordinating with Label’s legal and business affairs staff to obtain missing information.
• Setting up and maintaining contractual information within the royalty system.
• Ensuring that all relevant exploitations methods are identified and the appropriate royalty rate is assigned.
• Ensuring that escalation counters are set to properly count relevant sales.
• Running sales query and reviewing results with Supervisor or Manager.
• Ensuring all sales transactions are properly processed on a timely basis.
• Monitoring sales files on a daily basis for activity related to assigned artists.
• Reviewing pending sales transactions
• Ensuring all royalty participants are set up correctly (Appropriate Name, Address and Tax Information is established in order to ensure the proper payment and reporting)
• Preparing the appropriate accounting statements as contractually required.
• Reviewing sales and costs to ensure they are accurately stated.
• Coordinating the statement review with the appropriate label personnel.
• Confirming that checks are received and matched to all payable statements.
• Obtaining Supervisor or appropriate approval before payment is released.
• Researching all inquiries related to assigned accounts.
• Providing supervisor with status reports regarding the assigned artist accounts.
• Providing guidance to the entry level staff members including providing an overview of tools available to assist in the completion of the assigned tasks. The tools include Royalty Systems, Sony/BMG Resources/Systems, and External Resources such as internet sites (i.e. AllMusic.com).
• Providing key contact information when needed.
• Providing copies of manuals or notes regarding industry terminology.
Qualifications
• Bachelor’s Degree, preferably in Business Administration, Accounting or Finance
• Minimum of (2) years or related work experience
• Strong proficiency in Word, Excel and Outlook
• SAP, EROS, and Access experience a plus
• Ability to work well in a collaborative, team oriented environment.
• Excellent organizational skills and attention to detail.
• Initiative, always striving to improve things.
• Ability to manage multiple tasks concurrently.
• Strong written and verbal communication skills and the ability to interact well with different levels within the organization.
• Self starter with the ability to meet and manage multiple deadlines.