Royalty Analyst

UnitedMasters team

Description

As a new industry alternative for independent artists, UnitedMasters provides premium music distribution services and facilitates unique partnerships between artists and the world’s biggest brands. We enable artists to maintain full ownership over their master recording rights while introducing them to millions of new fans worldwide through our direct brand partnerships.
The UnitedMasters team is made up of musicians, marketers, engineers and storytellers with backgrounds from YouTube, SoundCloud, Pandora, Instagram, Dropbox, Complex, VICE and more. We work hand in hand with the award-winning creative teams that forge those innovative partnerships at Translation.
# Essential Responsibilities You’ll Own
  • Participate in the monthly royalty payout run process
  • Preparation of quarterly royalty payment reports and support documentation.
  • Reviewing contracts to determine royalty payment requirements.
  • Reconciliation of the general ledger accounts for royalties, advances and write offs.
  • Track and monitor guarantee requirements and expiration dates of licensing contracts
  • Assists in the review of new contracts received from Licensors
  • Enter required contractual data points into the rights management system
  • Review and upload royalty reports including identification and resolution of any data conflicts
  • Liaise with agents to ensure timely receipt of royalty statement reporting
  • Prepare monthly 3rd third party royalty statements
  • Maintain monthly Artist advance reconciliation summary
  • Work closely with Corporate Finance/Accounting team
  • Ad hoc requests and analytics to support Sales and Finance team
  • Process and review Artist royalty statements for contract compliance
  • Record transactions in RASA (our Royalty system)
  • Track statements to be processed and update with status of outstanding issues
  • Prepare licensing and royalty data for reporting out to internal business partners
  • Other duties as assigned, including assist with month-end close, assist in preparation of participation reporting to parent company and other parties, assist with licensee audit program, assist with development of standards, processes, and procedures

Requirements

  • Bachelor’s Degree in Finance, Accounting, Business/Music Business or closely related field
  • 3+ years Accounting and/or Royalty experience
  • Must be detail-oriented and have excellent organizational, communication and interpersonal skills
  • Flexible work style: able to adjust to multiple demands and a changing and fast-paced environment
  • Ability to work independently, take initiative, and exercise professional judgment
  • Attention to detail and a high level of accuracy required
  • Required technical skills: Advanced MS Excel (knowledge of pivot tables, subtotal, sort, filter, if statements, vlookups, etc. required)

How to apply

Apply via link

UnitedMasters logo

UnitedMasters

UnitedMasters is a new music industry alternative that provides independent artists with premium music distribution services, a suite of tools to help them directly connect with fans, and opportunities for unique partnerships with some of the world’s biggest brands including the NBA, Bose, and iHeart. UnitedMasters allows artists to easily distribute their music to all major streaming services. Distributed artists become eligible to participate in a variety of advertisements, brand partnerships and other promotions that earn them money and bring in new fans. UnitedMasters also provides artists access to their streaming and social data so they can gain insight into how to maximize fan engagement. The most promising artists on the platform unlock access to a bespoke suite of promotional services like playlist pitching, marketing, PR, and promotion. UnitedMasters aims to give artists the tools to operationalize their independence and maximize their creative and economic potential. UnitedMasters was launched in 2017 by Translation founder and music industry veteran Steve Stoute with a $70 million Series A led by Google’s corporate umbrella Alphabet alongside prestigious venture firm Andreessen Horowitz and entertainment giant 21st Century Fox. Led by a team of executives, marketers, engineers, and storytellers with backgrounds from YouTube, Soundcloud, Pandora, Instagram, Dropbox, Complex, and Vice, the platform positions talent for mainstream impact while allowing them to maintain full ownership over their master recording rights.

Job Details

Posted on Nov 11

Brooklyn, NY, USA

Full time

Mid