Analyst, Revenue Assurance

This is a Full Time Job

Analyst, Revenue Assurance
Job Description:

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 collecting, logging and associating incoming cash receipts with the relevant master use license terms, including internal deal number, artist, track and project, preparing weekly accounting entries recording revenue, tracking and collecting inbound royalty accountings.

Detailed Job Description/ Responsibilities:
• Work with Master Use Licensing Department and internal label clients to ensure the relevant deal terms for all third party master use licenses are collected accurately in WMG master use licensing database (MLS)
• Associate all incoming master use licensing payments with the corresponding deal terms in MLS so that payments can be processed accurately and timely
• Associate all incoming master use royalty payments with a corresponding royalty statement, requesting statements from licensees as needed
• Prepare on average 3 (three) monthly licensing summarizes of all incoming master use licensing revenue by reconciling activity posted to the licensing clearing account and revenues processed in MLS and applying the appropriate coding
• Research missing coding and coordinate with financial departments to determine appropriate coding
• Research and contact payees to identify unidentified inbound payments
• Prepare quarterly income tracking reports to identify unpaid accounts and contact licensees for accountings.
• Provide master use licensing reporting to various internal clients as requested
• Perform various research projects related to third party licenses and payments for various internal clients as needed
• Research unidentified accountings using internal resources and by contacting vendors
• Perform any other duties and tasks related to the Department's role and responsibilities that might be assigned by the Team's senior management from time to time

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, including pivot tables and vlookups, Word and PowerPoint applications; familiarity with Microsoft Office's Access application is strongly 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 and prioritize them effectively and appropriately; and

Education
Required/Preferred:
• Bachelor's degree or equivalent experience required; maj