Analyst, Audit

This is a Full Time Job

Analyst, Audit
Job Description:

Organization Description:

The U.S. Shared Services organization is based in WMG's Center of Excellence for Shared Services in Nashville, Tennessee (the ''Center''). The Center consists of five departments: Analysis, Finance, Legal, Licensing, and Reporting. Employees of the Center provide services to all of WMG's U.S. record labels, Warner Chappell Music Publishing, WEA Corp. and Alternative Distribution Alliance (WMG's distribution companies), and WMG's other U.S. business units.

Department Description:

The U.S. Shared Services he Analysis Department consists of two groups: the Audit Group, and the Revenue Assurance Group.
• The Audit Group is responsible for managing all incoming audits arising from the artist recording agreements, joint venture and participation agreements, publishing license agreements, and union collective bargaining agreements to which WMG's U.S. record labels are a party.
• The Revenue Assurance Group is responsible for processing all incoming payments received pursuant to the synch and master use licensing agreements covering WMG's recorded music repertoire, tracking and collecting outstanding payments, and administering WMG's artist royalty obligations with respect to such incoming payments.

Members of the Department work closely with employees in the Business Affairs, Finance, Production, Operations, New Media, and Marketing departments of each label client to fulfill the above-referenced responsibilities for the recordings and record those labels release.

High Level Job Description:

The responsibilities of the candidate hired to fill this position will include managing all aspects of the audit process, including, without limitation, tracking audit notifications, reviewing and analyzing the claims contained in the audit reports we receive, making recommendations to the relevant WMG internal label clients regarding how to respond to those claims, facilitating settlement negotiations between the party auditing and WMG's internal label clients, and ensuring that any internal accounting entries related to the audit process are made accurately and in a timely manner.

Detailed Job Description/ Responsibilities:
• Tracking of audit notice letters received by the Group's label clients; upon receipt of a given notice, determining (and then advise such label clients of) the maximum duration of the period the party in question is contractually permitted to audit;
• Assist in analyzing the audit claims submitted by the auditor in question, as well as the relevant provisions of the underlying artist, publisher and union contracts that govern WMG's exploitation of the assets that is at issue in the audit;
• Create documentation and assist in settlement of each audit, on behalf of the WMG label client concerned; in close coordination with that label's Business & Legal Affairs and Finance Departments;
• Manage the input and tracking of all data related to the Group's pending audits in the Group's consolidated audit tracking spreadsheet; and
• Performing such other duties as you may be asked to perform by the senior management of the Group and the division.

Required Competencies/Skills:
• Candidates for this position must be able to work well independently and as part of a team;
• Candidates must have strong computer skills, including strong data entry and data analysis skills (with an emphasis on accuracy and problem-solving) and strong proficiency using Microsoft Office's Excel, Word and PowerPoint applications; familiarity with Microsoft Office's Access application is preferred, but not required.
• Candidate must possess excellent verbal and written communication skills;
• Candidate must possess excellent analytical, mathematical and organizational skills;
• Candidate must be able to meet deadlines consistently and effectively while working under pressure; candidate must be able to manage multiple assignments at any given time an