Royalty Coordinator
Description
About the job
Downtown Music is a modern global music company committed to building a more equitable music industry. As the preferred partner for some of the world’s most beloved songwriters, storied music catalogs, and emerging artists at the forefront of pop culture, we offer bespoke distribution, publishing administration, creative marketing and finance solutions to entrepreneurial creators and their partners. Downtown Music is owned and operated by Downtown Music Holdings.
Downtown Music Publishing is looking for a Royalty Coordinator to join our global royalty processing team. Your focus will be on the processing of inbound royalties, and the ingestion and mapping of royalty statements from a wide variety of sources. You will report to the Royalties Manager and be responsible for meeting individual goals to ensure the department meets its quarterly objectives. Our team takes pride in accuracy and detail, but also in efficient collaboration with the other departments within Downtown’s Rights Management Operations.
This position can based in our New York, Los Angeles, or Nashville locations.
What you'll be doing:
- Locate, analyze, review, and process incoming royalty statements including
- Downloading statements
- Importing statements
- Song matching statements
- Subcoding statement
- Inbound royalty reconciliation of cash to statement details
- Assist in processing income in backlog, error, suspense, client adjustments, etc.
- Support internal and external rights holders and partners (e.g. PROs, DSPs, etc.) to ensure that royalty-related issues get resolved quickly
- Complete ad hoc projects as needed
Requirements
After 3 months you’ll have:
- Experience with a full quarter's royalty cycle, from payment to distribution
- Basic comprehension of how Downtown operates, collects, and distributes royalties
- Exposure to and understanding of the detailed metadata received from various sources
You are / have:
- Basic music industry knowledge and internship experience
- Understanding of global music publishing royalty landscape a plus
- Passion for music, numbers, and analyzing large data sets
- A strong analytical mind and experience with Excel
- Experience with Counterpoint Music Maestro is a plus
- Resourceful, flexible, and exceptional teamwork skills
- Ability to take initiative in a fast-paced, high productivity environment with tight deadlines
Benefits & Perks
Why you want to work here:
- Ample opportunities to work with leaders and employees across our business
- Work in a collaborative environment full of mission driven, innovative, and passionate people
- Be part of an open, welcoming, and inclusive culture
- Rich benefit program (Medical, Dental, Vision), Life Insurance, 401k (with match)
- Free CitiBike Membership (NYC Only)
- Paid Volunteer Hours
Downtown provides base salary ranges for all positions located in the United States at the time of posting. The hiring range for this position is $40,000 - $45,000 annually. As a candidate for this position, your salary and related elements of compensation will be contingent upon various factors including, but not limited to, work experience, geographic location and relevant skills. Downtown is committed to providing a comprehensive market-competitive total rewards program for its employees which includes medical, dental, and vision, life insurance, 401(k) match and generous paid time off. This range does not include any other variable compensation components.
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Downtown Music Holdings
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Downtown Music Holdings is a global company that owns, manages, and develops businesses with a vision for a more equitable and innovative music ecosystem. With operations across North America, Europe, Asia, Australia, and Latin America, we are the world’s leading provider of end-to-end services to artists, songwriters, labels, music publishers and other rights holders. Downtown Music Holdings manages millions of music copyrights across our portfolio of companies, with a catalog that spans more than 100 years of popular music, including music for film and television, and the single largest independent sound recording catalog in the industry.