Job Description

Job Title: Royalty Accounting Coordinator

Location: Culver City, CA (Hybrid)

Duration: 06+ Months

Job Description:

• Music Business Affairs group handling legal for music used for marketing/ad purposes, streamers, soundtrack royalties, etc.
• Someone with general accounting is ideal and someone with music business industry is a plus
• A lot of Invoicing, managing bank statements/receipts, help allocate funds for projects, work with third party vendors, etc.

Responsibilities:

• The primary purpose of this position will be to support the Music Administration and Exploitation groups and to assist with music royalty/revenue recognition and allocation, licensing income accounting and analysis, quarterly music royalty and vendor updates and maintenance.
• In addition, there will be ad-hoc analyses and special projects in which this position will lead or assist. They must have some experience with Excel.
• Experience with SAP/ARIBA, royalty accounting software (Curve, Record Maestro, Royalty Share) & database/BI systems (Teradata, Snowflake, Tableau, etc) preferred.
• Assist with generating quarterly statements for Madison Gate Records and initiate royaltor payments – 25%
• Assist with allocating royalty earnings to proper production accounts in SAP/ARIBA – 20%
• Provide support for Business Affairs projects (i.e., income analysis, royalty estimate, Soundscan search). – 5%
• Downloading and importing third party royalty statements from various labels/providers into client’s internal databases – 15%
• Vendor maintenance (i.e., add new vendors, input address changes, add banking info, unblock inactive vendors). – 10%
• Request mechanical licenses for MGR releases. – 5%
• On a monthly basis, check group bank account for music licensing receipts and prepare allocations for ingestion into SAP/ARIBA – 10%
• Provide supporting documentation for Audit group as needed. – 1%
• Provide support on long-term special projects & ad-hoc tasks – 9%

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