We are looking to recruit an experienced Royalties Co-ordinator who has a thorough knowledge of royalty processes, ideally with a music industry background.
You will be responsible for all aspects of the accounting cycle and must have the ability to interpret complex information, large volumes of data, and ensure statements are processed in an accurate and timely manner.
Key responsibilities:
• Responsible for the preparation and timely completion of the artist and compilation royalty statements to ensure that all royalty calculations, recoupable costs, 3rd party receipts and payments are valid and correct any errors found
• Set up new artist and compilation contracts, products and track listings in Royalty Share
• Download monthly digital and physical sales information into Royalty Share, review the files and update accordingly
• Work on sales/contract reports to ensure all digital and physical sales are correctly assigned and reported to the correct labels and artists
• Responsible for the completion and management of the quarterly MCPS AP1 & DVD1 Returns, queries, back claims and liabilities
• Liaise with Compilations & Business Affairs teams to review licence/artist agreements to ensure correct reporting of royalties
• Provide intelligent data analysis and reports using Excel
• Weekly payment run, enter invoices on Great Plains and allocate payments within budget limits
• Deal with payment and royalty statement queries
• Manage the tracking process and chase for missing UK and International advances, royalties and sync fees
• Raise invoices for third party licensing
• Total control of 3rd party mobile royalty liabilities, from reports to payment
• Periodically archive older working documents following departmental guidelines
Person specification:
• A minimum of 2 years royalty experience working for a record label /publishers or in TV licensing
• Proven track record of royalties control for 3rd party and Internal sources
• Debt management experience is essential
• Proven experience in interpretation and extrapolation of complex royalty and sales data
• Excellent presentation and verbal skills to communicate with senior management and present half yearly reports, royalty runs and liabilities
• Advanced Excel skills to include vlookups, pivot tables and graphs
• Able to work autonomously without supervision
If you think that this is the position for you, then please get in touch with a covering letter and CV.
