Analyst, Reporting Administration
Warner Music Group
Remote, USThis was removed by the employer on 4/17/2024 6:30:00 AM PST
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Full Time Job
Job Description:
At Warner Music Group, we're a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses:
• Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
• Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.
• Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
• Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career.
We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.
Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent.
Job Title: Analyst, Reporting Administration
A little bit about our team:
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 10K Projects, 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; and
• 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 colleagues 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 records those labels release.
Your role:
You will be a member of the Reporting Administration team responsible for reading new agreements and entering terms into the royalty system. You will collaborate with label A&R Administration and Royalty Operations, creating SAP royalty accounts. You will be an industry insider, reviewing the labels' daily new release schedules.
Here you'll get to:
• Analyze complex recording and label agreements, identifying and entering key terms into the EROS royalty system;
• Liaise with Business Affairs executives at each of WMG's U.S. record labels to discuss various issues, including questions about contract interpretation as it relates to royalty reporting;
• Create SAP royalty accounts requested by our label partners and members of Royalty Operations; and
• Review release schedules to support the Reporting Department's project tracking process.
About you:
• You possess excellent reading comprehension, analytical, organizational, and mathematical skills.
• You have strong computer abilities, including stellar data entry skills (with an emphasis on accuracy) and proficiency using MS Excel and Word.
• You thrive managing multiple assignments and prioritizing them effectiv