Company

VP MUSIC GROUP INCSee more

addressAddressJamaica, NY
type Form of workFull-Time
CategoryEngineering/Architecture/scientific

Job description

Job Description


The Royalty Manager will be responsible for preparing, analyzing, reviewing, and issuing accurate and timely royalty statements to artists, Producers, and other parties. Responsibilities include reviewing and applying contract terms to advance and royalty payments, managing payment requests, extracting and interface data relevant to the royalty and support systems, and preparing royalty calculations support and analysis. This position will interact with various departments within the organization, external agents, and authors.

What you'll do:

  • Prepare timely royalty statements and related activity files:
  • Review contracts and payee setup in the royalty system
  • Review and analyze sales data before interfacing with the royalty system
  • Post expenses/fees/deductions to the royalty system
  • Complete initial and subsequent reviews of royalty statements to ensure accuracy
  • Distribute statements to editorial teams and business units for review
  • Calculate and record reserves for returns by contract terms and company policies
  • Prepare manual adjustments and statements when required
  • Interact with business units and other departments to resolve issues
  • Process new contracts and amendments regularly. Review, code, and approve all advance and payment requests.
  • Comply with US and foreign tax withholdings as well as reporting and filing requirements related to advances and royalty payments
  • Handle statement recipients’ inquiries and requests
  • Prepare ad hoc reports/analyses as needed

What you'll bring:

  • Must be detail-oriented, analytical, and exercise good judgment
  • Strong verbal and written communication skills
  • Highly proficient with Microsoft Excel, databases, and system queries
  • Excellent organizational skills. Effectively manages change, delays, and unexpected events
  • Focuses on problem resolution
  • Able to manage high volumes of data, meet deadlines, and multi-task
  • Meets challenges with resourcefulness
  • Motivated, and disciplined, with high personal and professional standards of integrity and ethics

Ideal Experience/Education:

  • 3+ years experience with royalty contracts, statement preparation, and accounting
  • Music Royalty (Artist and Mechanical) experience preferred
  • Proficiency with the Royalty Share royalty platform is a plus
  • Bachelor’s degree in Accounting/Finance preferred


Refer code: 6938270. VP MUSIC GROUP INC - The previous day - 2023-12-13 13:02

VP MUSIC GROUP INC

Jamaica, NY
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