Department Description:

The
department is responsible for accurately reporting artist financial data on a
timely basis as it pertains to Royalties.
This enables senior management to make informed decisions based on the data/information
received.

High Level Job Description:

-Royalties
related financial record keeping, recording, analysis and reconciliations to
the general ledger, corporate consolidation system and audited financial statements.

Detailed Job Description/ Responsibilities:

• Prepare and complete P&L
  analyses related to Artist, Copyright & Union royalties which include
  Physical, Digital and Licensing.
  This includes calculations for royalty expense, unapplied.
• Prepare and complete balance
  sheet lead schedules.
• Run system related reports,
  queries as needed for various analyses.
• Assist with processing and
  handling of foreign files.
• Prepare, review and complete Royalties
  Payable Liabilities analysis which includes but not limited to reconciliations,
  lead schedules, analysis, quarterly binder, quarterly memo, index
• Prepare and/or review journal
  entries as needed.
• Understand and be familiar with
  the related Royalties analyses:
  Payables Balances, Applied Balances, Unapplied Balances
• Document and improve current
  processes
• Royalties Payable Quarterly
  Binders – ensure deliverables are received and documented properly
• Month-end close binders – –
  ensure deliverables are received and documented properly
• Develop and maintain
  relationship with necessary external departments which include Shared
  Services Accounting, Label Finance, Corporate Finance, BA and provide
  service in line with senior management’s expectations.
• Coordinate with rate
  administrators in preparation of royalty expense analysis.
• Coordinate with Income Tracking
  department to ensure all income is booked timely and accurately
• Reconcile unapplied accruals
  and progress reports
• Reconcile SubLedger balances to
  G/L
• Assist and coordinate work
  flows changes resulting from systems conversions
• Special projects as defined by senior management

Required Competencies/Skills:

• Numbers
  aptitude, good communication skills and a team player, must be organized
• Strong
  understanding of accounting concepts and principals

Special Requirements/Preferences:

• Proficient
  in Excel (Intermediate – Advanced Excel Skills), Word, Powerpoint

• Education Required: B.S. or B.A. in accounting (4+
  accounting years experience) Royalty accounting experience preferable, CPA
  preferred

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