Royalty Income Analyst

  • Warner Music Group
  • 777 S Santa Fe Ave, Los Angeles, CA 90021, USA
  • May 22, 2024
Full time

Job Description

Job Description:

At Warner Chappell Music (WCM), we shape the culture of songwriting and champion songs that resonate for generations by creating transformational opportunities for songwriters everywhere. Our people and culture are at the epicenter of our company, and we are looking for team members who share our service-oriented mindset and have a passion for looking after our songwriters.


As the global music publishing arm of Warner Music Group (WMG), we’re a collective band of music lovers, innovative connectors, and relentless supporters of our songwriters and catalog of iconic works. We lead with curiosity, collaborate across departments, borders, languages, and genres, and we’re committed to delivering on the promises we make to each other and to our songwriters.

Job Title: Royalty Income Analyst
 
A little bit about our team:
We are a global music publishing company, home to a wide array of legendary songwriters and a rich catalog of contemporary hits and influential standards. Royalties Processing operates within Warner Chappell Music, interacting with numerous departments (Finance, Legal and Copyright), daily. With us, you’ll develop a comprehensive understanding of royalties administration while having fun and working on some of the most iconic songs ever written!

Your role:
This role is responsible for a variety of technical royalty tasks including dealing with Domestic and Canadian performing rights societies, overseas affiliates, IT requests, cash book reconciliation, suspense research and statement dispatch. 

Here you’ll get to:

You will be responsible for….

  • The reconciliation, payment, and management of U.S. and Canadian royalties.
  • Monthly, Quarterly and Bi-Yearly reconciling of royalty income.
  • Analyzing and loading of local societal and record company data files.
  • Creating, inputting and supervising statement processing for the U.S. and Canada.
  • Responsible for specific areas of Royalty Processing and able to process royalty inquiries received from a variety of sources, to undertake relevant research and respond in a timely manner.
  • Ability to work with and analyze a wide variety of file formats. i.e. Excel, txt and DAT files.
  • Conduct independent suspense research related projects.
  • Responsible for efficient administration of U.S. and Canadian royalties maintaining effective working relationships with partners, both internal and external.
  • Responsible for maintaining good filing/archival system built to to assist in any open audits.
  • Assist in other general department issues as the pressure of work dictates.
  • Offer strong support to the Royalty Processing Director on issues that arise and projects as necessary.


We’d love it if you also had:

  • Proven experience with music administration, ideally publishing or a collection society.
  • Background in finance either through work experience or formal qualifications.
  • Good understanding of Music Publishing and Performing Rights Society practices.
  • Advanced computer literacy on reporting packs such as Excel and Tableau.
  • Good working knowledge of royalty calculations and use of rates.
  • Must be able to read and understand materials and documents and have the ability to recognize and extract critical data and information.
  • Must be able to work at and utilize all functions of a computer if necessary up to at least 10 hours a day to perform the required tasks and create and develop the necessary reports to summarize the results of research and projects and to communicate with others in the Company and with those necessary outside of the Company.
  • Excellent organizational skills.
  • Excellent mathematical skills, with the ability to calculate royalty income accounting.
  • Excellent analytical skills.
  • A proactive, flexible attitude, with a desire to learn and progress.
  • Ability to cope with a number of projects simultaneously and be able to work under pressure.
  • Basic understanding of coding / programming languages.
  • Natural curiosity and drive to understand/resolve root issues.
  • Ability to work/troubleshoot both in group and independent settings.

About us:
At Warner Chappell Music (WCM), we shape the culture of songwriting and champion songs that resonate for generations by creating transformational opportunities for songwriters everywhere.


Before the fans and fame, the soundtracks and syncs, there is the song.  And before the song comes the songwriter - the heart of an art form that defines generations, and the soul of our business. Songwriters are our inspiration; we are their partners, collaborators, and crusaders. Songwriters shape culture; and here at WCM we help hone their craft, build their careers, and protect their legacies. We value curiosity, collaboration, and commitment – which helps set us apart and helps us in our commitment and global service to our songwriters.
We are Warner Chappell Music - where songwriters are heard.

About Warner Music Group: As the home to 300 Elektra, Asylum, Atlantic, East West, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide. Redefining what it
means to be a music company in the 21st century, our consumer brands include trendsetters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the groundbreaking global distribution company for independent artists and labels. Together, we are Warner Music Group: Music With Vision & Voice.

Love this job and want to apply?
Effective October 1st, 2023 this position will require being in the office 4 days a week. We believe that an in-office presence is critical for talent development, collaboration and building strong relationships.


Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
 
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.
 
Thanks for your interest in working for WMG. We love it here, and think you will, too.

#LI-Hybrid #WCM

Salary Range

Hourly Rate: $17.95-$24.00 Hourly

Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law.

Copyright © 2023 Warner Music Inc.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work .pdf