Royalty Analyst
Description
- Prepare accurate and timely monthly, quarterly and semi-annual royalty statements to comply with contractual obligations and to ensure that all costs, artist advances and royalty calculations are valid
- Prepare and research variance reporting to understand the fluctuations with balances and payments
- Prepare New Release Project Rate Sheets and Statement review notes for Priority 1 artist
- Analyze new release product/tracks to ensure they are calculating correct royalties and document the findings
- Clear suspense accrual and pending calculations on IRL contracts
- Reconcile various third party liability account balances on the artist ledger, including samples, overrides and other 3rd parties
- Review royalty terms of artist and third party agreements
- Analyze accounts and prepare formal response for Business Affairs, Law and A&R Administration as well as prepare correspondence with respect to inquiries by artists and their representatives
- Special Projects as needed
Requirements
- You have a Bachelor's Degree, preferably in Business Administration, Accounting or Finance with (1-3) years of related work experience
- You have a strong proficiency in Word, Excel and Outlook; SAP, EROS, and JIRA experience a plus
- A detail oriented individual with strong organizational skills that can handle multiple tasks simultaneously
- Able to analyze and review information from several different sources (corporate systems)
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Sony Music Entertainment
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At Sony Music Entertainment, we fuel the creative journey. We’ve played a pioneering role in music history, from the first-ever music label to the invention of the flat disc record. We’ve nurtured some of music’s most iconic artists and produced some of the most influential recordings of all time. Today, we work in more than 60 countries, supporting a diverse roster of international superstars, developing and independent artists, and visionary creators. From our position at the intersection of music, entertainment, and technology, we bring imagination and expertise to the newest products and platforms, embrace new business models, employ breakthrough tools, and provide powerful insights that help our artists push creative boundaries and reach new audiences. In everything we do, we’re committed to artistic integrity, transparency, and entrepreneurship. Sony Music Entertainment is a member of the Sony family of global companies.