Royalty Coordinator

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:

The Royalty Coordinator position at Virgin Music Group will play a key support and technical role in the administration of various financial and reporting system tasks pertaining to the monthly client distribution/participation cycles. This position will own certain distribution/royalty accounting functions, ensuring execution and continued alignment with the overall Finance department’s responsibilities, requirements, and goals.

How you’ll CREATE:

• Coordinate preparation stages for systemic generation of monthly client sales reporting and accounting statement packages

• Administer and audit reporting from digital and physical sales partners and resolve discrepancies

• Initiate and track advance payments to labels to ensure accurate and timely payment based on contractual obligations

• Track, prepare, and maintain various spreadsheets and data schedules to ensure accurate accounting

• Work with UMG globally to research, manage, and maintain accounts receivable balances for sales partners

• Liaise with clients directly to answer any reporting or payment questions

• Help with month-end close and prepare recurring and ad-hoc analysis for other internal/external reporting requirements

• Identify and recommend process improvements and assist with their implementation

• Cross train with other team members

• Other Administrative duties as needed

Bring your VIBE:

• 1-3 years’ experience in a distribution, participations, or royalty accounting role preferred

• Background in accounting and/or finance preferred

• Proficiency with MS-Office Suite and possess outstanding Excel skills (e.g. Nested Functions, V-Lookups, Pivot tables, etc.)

• Extremely detail-oriented, excellent planning and execution skills with a proven ability to establish and meet impactful goals and objectives

• Ability to handle multiple projects, deal with tight deadlines, and work independently

• Customer-service oriented

• Willingness to work outside normal responsibilities to achieve desired results

• Strong analytical, problem-solving and communication skills

• SAP experience a plus

• AR experience a plus

Perks Playlist:

• Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

• Comprehensive medical, dental, vision, and FSA options, as well as:

  • 100% coverage for out-patient mental health services

  • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

  • A lifetime fertility support allowance of $30,000 to plan participants

  • Student Loan Repayment Assistance and Tuition Reimbursement

  • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

• Variety of ways to prioritize much-needed time away from work including:

  • Flexible Paid Time Off (PTO) for exempt employees

  • 3-weeks PTO for non-exempt employees

  • 2-weeks paid Winter Break

  • 10 Company Holidays (including Juneteenth and Wellbeing Day)

  • Summer Fridays (between Memorial Day and Labor Day)

  • Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

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.

For more information, please click on the following links.

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish

Job Category:

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.