Royalties Audit Manager

Sony Music Entertainment team

Description

The Royalties team at Sony Music UK are crucial to our core value of being the most artist friendly and transparent music company. We are responsible for, not only ensuring artists receive all their earnings in a timely manner, but also for rolling out key initiatives such as the Artist Forward programme, real time royalties, cash out and real time advances. The work of the Royalties team directly impacts each and every one of our artists.
As an audit manager you will be responsible for Analysing, breaking down and responding to all audit requirements, utilising specialist understanding of the artist royalty process. You will be the key contact for all external auditors who are working on behalf of our Artists. You will maintain relationships with external parties and advise internal business partners of progress relating to inbound and outbound audits. You will provide financial analysis of artist royalties to reconcile and agree income and apply to profit centers.
You will be part of a team of 14 and report to the Senior Director of Royalties. You will liaise regularly on audit investigations with the Royalty Operations part of the team, who are responsible for reporting all artists earnings to artists and their management team.
What you'll do:
  • You will be managing Royalty Audits for our Artists – Inbound / Outbound & Internal
  • You will be the point of contact for all royalty audits.
  • You will liaise and work with internal parties such as Legal & Business Affairs and our Record Labels regarding the findings and progress of royalty audits, sharing rebuttals with business prior to submission.
  • Negotiate findings and rebuttals through constant communications, in person and in writing with all parties involved in the audits.
  • You will liaise with the Global Finance Shared Service based in New York and Mexico, who will gather information for audits.
  • Understand the flow of sales data from our service providers right through to the royalty system and beyond to the Artist Portal statements
  • Oversee outbound audits; auditing third parties and artist passive rights and licensing.
  • You will assist with User Acceptance Training for systems and process, and development of various Royalty Projects
  • Assist Senior Royalty Director in annual budget planning

Requirements

Who you are:
  • Recorded music or music publishing industry experience – Royalties specific
  • Royalty audit experience
  • Significant experience of interpreting artist and producer contracts, negotiating with auditors, financial accountancy and collating worldwide income.
  • Experience using SAP, Power BI, Excel, internal and external royalty portals and income sales & repertoire systems
  • Excellent verbal & written communication and interpersonal skills.
  • Ability to work closely with senior directors.
  • Proactive approach to working.
  • Rigorous eye for detail and diligent approach.
  • Ability to work as a team as well as working independently.

Benefits & Perks

What we give you:
  • You join an inclusive, collaborative and global community where you have the opportunity to fuel the creative journey
  • A modern office environment designed to foster productivity, creativity, and teamwork
  • An excellent range of benefits, like private medical cover, a generous pension scheme, life assurance and income protection, plus loads of music biz perks
  • We invest in your professional growth & development
  • Time off for a winter recess

How to apply

Apply via ink

Sony Music Entertainment logo

Sony Music Entertainment

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.

Job Details

Posted on Jun 10

London, UK

Hybrid

Full time

Mid