Royalty Operations Analyst
Sony Music
New York, NYThis is a Full Time Job
The Analyst, Royalty Ops will be a key contributor to the day-to-day operations within Royalty Operations and will be involved in all royalty aspects of all artists across labels, including contract interpretation, coding & setup in the royalty system, managing and delivery accurate and timely royalty statements, managing and prioritizing suspense items, responding to internal and external inquiries on the accounts and special projects.
What you'll do:
• 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.
Who you are:
• 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.
What we give you:
• You join an inclusive, collaborative and global community where you have the opportunity to channel your passion every day
• A modern office environment designed to foster productivity, creativity, and teamwork empowering you to bring your best
• An attractive and comprehensive benefits package including medical, dental, vision, life & disability coverage, and 401K employer matching
• Voluntary benefits like company-paid identity theft protection and resources for pets, mental health and meditation resources, industry-leading fertility coverage, fully paid leave for childbirth or bonding, fully paid leave for caregivers, programs for loved ones with developmental disabilities and neurodiversity, subsidized back-up child and elder care, and reimbursement for adoption, surrogacy, tuition, and student loans
• Investment in your professional growth and development enabling you to thrive in our vibrant community.
• The space to accelerate progress, positively disrupt, and create what happens next
• Time off for a winter recess
Salary/Benefits
$52,000.00
- 55,000.00
per year
The anticipated annual base salary does not include any other compensation components or other benefits that an individual may be eligible for. The actual base salary offered depends on a variety of factors, which may include as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.
New York Pay Range
$52,000 - $55,000 USD
Additional Information
Sony Music is committed to providing equal employment opportunity for all persons regardless of age, disability, national origin, race, color, religion, sex, sexual orientation, gender, gender identity or expression, pregnancy, veteran or military status, marital and civil partnership/union status, alienage or citizenship status, creed, genetic information or any other status protected by applicable federal, state, or local law.
