Coordinator, Global Royalty

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 Coordinator, Global Royalty at UMPG is positioned to contribute and learn as part of a world class royalty team whose key goal is to ensure fast and accurate royalty accounting to songwriters. The role scales across UMPG’s global landscape, both North American and international settings, as well as the assurance of future royalties through data rich projects. Reporting to the Senior Manager, Global Royalty, the Coordinator role encompasses royalty statement processing, royalty income assurance, and support during quarterly royalty accounting closes. The position is rich in opportunity for involvement with the company’s biggest deals, signings, and international projects.

How You’ll CREATE:

• Load, process, and reconcile electronic royalty statements in an accurate and timely manner and in accordance with company controls.
• Support UMPG’s international royalty process with royalty statement processing and support of the company’s local offices around the world.
• Contribute to royalty statement processing for UMPG’s North American royalty operations, learning the nuances of income sources and supporting the local administration team.
• As part of royalty assurance, load and maintain UMPG catalog information and assist with revenue generating projects including society suspense, label copy, business & legal affairs inquiries, and sync requests.
• Execute the timely due diligence and review of all suspense data, seeking to maximize songwriter payout.
• Prepare and review royalty statement reconciliations, utilizing accounting skills to ensure accurate reporting to songwriters.
• Ensure accuracy in all processing and reporting by verifying song matches.
• Employ critical thinking in the review of data and analytics to ensure accurate royalty processing.
• Act as a self starter in proactively finding solutions and offering assistance to the team.
• Learn and develop ownership in assigned projects as part of the core area of concentration.
• Contribute to the building of new system tools and the implementation of new technologies within UMPG’s Global Royalty system, partnering with teams cross divisionally and around the world.
• Bring a fresh perspective, seeking to deconstruct and rebuild processes to create efficiencies and improvements.
• Perform ad hoc reporting and royalty team projects as needed.

Bring Your VIBE:

• 1 year of work experience or prior internship experience in the administration of music rights, Business Management for Artists, Accounting, or Financial Planning & Analysis strongly preferred.
• Excellent written and verbal communication skills are required.
• Experience in Microsoft Excel and text editors required.
• Ability to work in a bespoke systems landscape required.
• Strong organization skills, critical thinking, analytical abilities, and attention to detail are required.
• Ability to meet deadlines quickly and accurately while managing competing priorities is required.
• 4 year degree in Business Administration, Accounting, or Music Business strongly preferred.
• The ability to partner and work well as part of a team is required.
• Overtime as required.

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

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