Coordinator, Royalties Accounting

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.
 

Under the Capitol Music Group umbrella of UMG, Capitol Christian Music Group is the market leader in the field of recorded music, distribution, and music publishing. Employing over 150 people, Capitol CMG provides a challenging and rewarding work environment characterized by a commitment to our artists and songwriters, one another, our customers and community service.

How we LEAD:

The role exists to ensure accurate and timely processing of inbound license income.

How You'll CREATE:

• Process license income on a manual and upload basis, to report to our artists and publishing partners on an accurate and timely basis

• Coordinate with the sync team to match and process sync license payments

• Research unmatched receipts and verify statement data accuracy within the royalty system

• Maintain integrity of the cross-reference database by mapping of 3rd party metadata to CCMG internal data

• Prepare journal entries for transactions affecting the assigned general ledger accounts, including routine month-end entries

• Prepare license income reconciliations to assist with month end close

• As requested, assist in the research and analysis for royalty audits

• Maintain strong working relationships with other internal team members of the Finance, Publishing, and A&R Admin teams, as well as external relationships such as UMG global and 3rd party royalty sources

• Other Duties as assigned

Bring your VIBE:

• Solid knowledge of basic accounting and cash application principles

• Strong organizational skills

• Highly detail oriented

• Intermediate Excel skills required, and a basic understanding of Access preferred

• Professional communication skills

• Ability to manage many ongoing tasks at a time

• 1+ years of relevant experience

• Accounting degree preferred but will consider a music business degree combined with relevant work experience

Perks Playlist:

• Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

• Comprehensive medical, dental, vision, and FSA options, as well as:

  • 100% coverage for out-patient mental health services

  • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

  • A lifetime fertility support allowance of $30,000 to plan participants

  • Student Loan Repayment Assistance and Tuition Reimbursement

  • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

• Variety of ways to prioritize much-needed time away from work including:

  • Flexible Paid Time Off (PTO) for exempt employees

  • 3-weeks PTO for non-exempt employees

  • 2-weeks paid Winter Break

  • 10 Company Holidays (including Juneteenth and Wellbeing Day)

  • Summer Fridays (between Memorial Day and Labor Day)

  • Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.
Universal Music Group is an Equal Opportunity Employer

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