Royalty Analyst, Income Processing

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.
 

How we Lead:

Universal Music Group (UMG) is the world’s leading music company.  We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audio-visual content in more than 60 countries.  Our vast catalogue of recordings and songs stretches back over a century and comprises the largest, most diverse and culturally rich collection of music ever assembled.  Knowing that music, a powerful force for good in the world, is unique in its ability to inspire people and bring them together, we work with our artist and employees to serve our communities.  We are the home for music’s greatest artists, innovators and entrepreneurs.  Together, we are UMG, the Universal Music Group.

UMG is currently seeking to fill the role of Royalty Analyst Income Processing. In this role, you will be processing license income receipts received from other companies.  Payments related to those statements must be processed as income and if applicable, must be shared with relevant UMG Artists/Participants to ensure that we are accurately reporting royalties to artists and third parties in accordance with the applicable agreements and licenses.

This position affords the right candidate exposure to all aspects of royalty reporting and many key players in the business space.  The right candidate will have a passion for music and be hungry to learn and grow in the business of music.

How you’ll CREATE:

• Analyse and process licensing income receipts for royalty obligations

• Process adjustments to the Royalty System, BRC (Back Royalty Calculation)

• Set up manual articles in accordance with royalty contracts

• Process flow thru or out of cycle payments

• Mainframe data entry

• Maintain various detailed logs

• Assist with daily inquiries in a timely manner

• Assist with Month-end tasks – Manual Batch Sales Load/Analysis/Reconciliation

• Provide supporting documents to Audit

• Other duties as assigned

Bring your VIBE:

Skills/Abilities:

• Strong quantitative, analytical and organizational skills with attention to detail.

• Self-motivated.

• Must be able to prioritize work and meet deadlines in a fast-paced environment.

• Excellent verbal and written communication skills.

• Proficient in Microsoft Word and Excel.

• Ability to work well in a team environment.

Experience:

• Experience with recording contracts and royalty accounting a plus.

Education:

• 4 year college degree in Business, Accounting or Finance or equivalent work experience.

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

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

Please note, UMG is not enrolled in E-Verify in California and New York, and cannot support employment of candidates whose employer must enroll in E-Verify, for example candidates on STEM-OPT.

For more information, please click on the following links.

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish

Salary Range:

The actual base salary offered depends on a variety of factors, which may include, as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.  All candidates are encouraged to apply.