Royalty Processing Assistant

  • Kobalt
  • New York, NY, USA
  • Aug 09, 2019
Full time Finance Royalties

Job Description

The Royalty Processing Assistant will facilitate the processing of royalty statements from multiple US record labels for Kobalt’s publishing clients. This position will be integral in making sure that royalties are paid out to songwriters. The ideal candidate should be able to handle a large volume of repetitive tasks while maintaining a high standard of work quality, all with extreme attention to detail. This position will oversee the interpretation of royalty data, investigate any inconsistencies and maintain the documentation filing. A background in the music industry is not necessary for this position, but candidates must possess basic excel skills and a willingness to learn.

BACKGROUND

Founded in 2000 by Willard Ahdritz, Kobalt is creating the music company of the future. Kobalt is a global music and technology company built for artists, songwriters, publishers and labels as an alternative to the traditional music business model. Kobalt have built the technology infrastructure to enable better reporting and for artists to maintain ownership and control over how their work is distributed, tracked, collected, and monetized.  This global technology platform can track and collect royalties for the billions of micro-payments per song in digital music today.

This is an established yet fast growing creator-centric company of artists and songwriters including The Chainsmokers, Kelly Clarkson, Miles Davis, Dave Grohl, Lauv, Zayn Malik, Max Martin, Nick Cave & The Bad Seeds, Paul McCartney, Stevie Nicks, Pitbull, Elvis Presley, Skrillex, Sam Smith, and many more. Kobalt represents on average over 40% of the top 100 songs and albums in both the US and UK.

We’re currently 640 people based across 13 offices and we’re still growing!

WHAT DOES A ROYALTY PROCESSING ASSISTANT AT KOBALT DO?

  • Data entry of statements into excel
  • Process batches from start to finish to ensure royalty allocations are processed
  • Problem solve any issues with allocation issues
  • Follow up with payors to obtain full and accurate processing data
  • Develop and maintain good relationships with payors and labels
  • Devise a sensible system for filing/scanning/attaching of documents
  • Independently manage and handle all zero value statements
  • Handle all correspondence in a timely fashion
  • Manage the Statement Tracking Report
  • Provide support to all teammates and Manager and take on ad hoc tasks as needed

WHAT SKILLS AND EXPERIENCE ARE WE LOOKING FOR? 

  • Bachelor’s Degree or minimum 2 years’ work experience in a relevant field
  • Basic knowledge of music licensing
  • Efficient with Microsoft Office, specifically within Microsoft Excel
  • Excellent written and oral communication skills
  • Extremely detail oriented
  • Ability to prioritize and exhibit strong time management skills and to stick to deadlines
  • Has a “can do” attitude, and is collaborative and respectful with colleagues

Kobalt is an equal opportunity employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, gender, age, religion, disability, sexual orientation, or veteran status, or any other status or characteristic protected by law.