
Analyst, Participations
Warner Music Group
Nashville, TNThis was removed by the employer on 11/25/2020 5:30:00 AM PST
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This is a Full Time Job
Analyst, Participations
Job Description:
We are Warner Music Group, home to a broad roster of new stars and legendary artists through a collection of the best-known record labels in the music industry including Asylum, Atlantic, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville, as well as Warner Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.
We currently have a fantastic opportunity to join our innovative and highly sought-after Participations team at WMG's Center of Excellence for Shared Services.
A little bit about our team:
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 both Finance and Legal Shared Services divisions that contain Analysis, Finance, Legal, Licensing, and Reporting departments. 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.
Why this could be your next big break:
The U.S. Shared Services Reporting Department is responsible for managing all of the reporting obligations of WMG's U.S. record labels (including those operated by the Alternative Distribution Alliance, Atlantic Records, Rhino Entertainment, Warner Records, and Warner Music Nashville) to recording artists, producers, writers and publishers, labor unions, and other external payees.
The Department's services include the following:
• Calculating and paying royalties to recording artists, producers, and other third parties;
• Calculating the net profits earned by joint ventures between WMG's record labels and external parties and then paying those external parties their contractual shares of such profits;
• Calculating and paying monies due to labor unions pursuant to the terms of the collective bargaining agreements between such unions and the applicable WMG record labels that are signatories to those agreements.
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.
Here you'll get to:
Provide outstanding customer service support on behalf of WMG's recorded music labels and subsidiaries to their artists and third party label partners receiving participation profit share, distribution (P&D), and merchandise statements via WMG's Participations Revenue Portal.
• Administer the setup and ongoing maintenance of Participations entities for online statement distribution and revenue backup services via the Revenue Portal
• Evaluate Participations key contractual deal terms and structures of Participations entities for online revenue backup services via the Revenue Portal
• Validate requests by third parties for Revenue Portal access, verify potential users and complete the registration and onboarding process, ensuring all relevant approvals and process controls are met
• Support and communicate with third parties by providing basic technical guidance and troubleshoot issues that may arise when onboarding to the Revenue Portal, escalate unresolved issues to internal WMG IT teams and follow through to resolution
• Manage all third party inquiries received by the Participations team, through the Revenue Portal phone hotline and email inbox
• Research and respond to inquiries related to the Revenue Portal and general statement inquiries, identify requests that require handling by Participations owners and/or internal WMG finance, legal or IT departments and route as appropriate
• Perform reconcil