Manager, Royalty Audits

2 Months ago • 3 Years + • Administrative • Finance • $65,520 PA - $136,400 PA

Job Summary

Job Description

The Manager, Royalty Audits at UMG is responsible for the entire audit fieldwork process, including evaluating contract validity, supervising external auditors, and communicating with them in adversarial situations. This role involves reviewing and responding to audit claims, presenting diverse perspectives to senior teams, supporting settlement negotiations, and protecting confidential information. The ideal candidate will have 3+ years of music royalty or auditing experience, a business/accounting/finance degree, and strong analytical and communication skills. They must be comfortable working independently and in adversarial settings, presenting multiple perspectives, and handling highly confidential information.
Must have:
  • 3+ years music royalty or auditing experience
  • Bachelor's degree in Business, Accounting, or Finance
  • Strong analytical and communication skills
  • Experience in adversarial settings
  • Ability to handle confidential information
Good to have:
  • Business Objects/data warehouse experience
  • Experience summarizing complex documents
Perks:
  • Comprehensive medical, dental, vision benefits
  • 100% coverage for out-patient mental health
  • Wellbeing reimbursements
  • Student loan repayment assistance
  • 401k match
  • Generous PTO and paid holidays
  • Paid parental leave

Job Details

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: 

UMG is currently seeking to fill the role of Manager, Royalty Audits.  In this role, you will be responsible for various aspects of the audit process, as well as assisting the audit team in preparing responses and preparing for settlement negotiations.

This position affords the right candidate exposure to all aspects of royalty reporting and many key players in the business space.  The right candidate will have a passion for music and be hungry to learn and grow in the business of music.

How you’ll CREATE:  

  • Responsible for overall audit fieldwork process from beginning to end.

  • Evaluate contractual validity of audit rights.

  • Meet with outside auditors and supervise their work.

  • Carefully and articulately communicate in adversarial situations with external auditors regarding their requests.

  • Review and provide corrective feedback to auditor’s questions and preliminary claims.

  • Review/analyze official audit claims and draft responses.

  • Present multiple perspectives on issues to senior audit team.

  • Provide support during contentious settlement negotiations.

  • Recognize and safeguard highly confidential information in adversarial interactions between UMG and third parties.

  • Liaison with Business Affairs, Litigation and Finance departments

Bring your VIBE:

  • Minimum 3 years of music royalty or auditing experience.

  • Four-year college degree in Business, Accounting or Finance. 

  • Must be comfortable with working in an adversarial capacity

  • Strong quantitative, analytical and organizational skills with attention to detail.

  • Must be able to think objectively and present multiple sides of an issue.

  • Must be able to work independently.

  • Able to multi-task, prioritize work and meet deadlines.

  • Excellent verbal and written communication skills.

  • Strong Excel & Word skills; Business Objects/data warehouse experience a plus

  • Must be comfortable taking argumentative positions.

  • Able to digest long documents into key-terms summaries.

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:

Royalties & Copyright

Salary Range:

$65,520 - $136,400

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.

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