Coordinator, Royalties

2 Months ago • 1-3 Years • Account Management • $48,900 PA - $68,400 PA

Job Summary

Job Description

The Royalty Coordinator at Virgin Music Group plays a key support role in administering financial and reporting system tasks for monthly client distribution/participation cycles. Responsibilities include coordinating the preparation of monthly client sales reports and accounting statements, auditing reporting from sales partners, managing advance payments to labels, tracking data, working with UMG globally on accounts receivable, liaising with clients, assisting with month-end close, preparing analysis, identifying process improvements, and performing other administrative duties. This role requires strong analytical and problem-solving skills, proficiency in MS Office Suite (especially Excel), and excellent communication skills. Experience in distribution, participations, or royalty accounting is preferred.
Must have:
  • 1-3 years experience in royalty accounting
  • Proficiency in MS Office Suite (Excel)
  • Detail-oriented, strong planning & execution skills
  • Handle multiple projects, tight deadlines
  • Excellent communication & problem-solving skills
Good to have:
  • SAP experience
  • AR experience
Perks:
  • Comprehensive medical, dental, vision
  • Wellbeing reimbursements
  • Student Loan Repayment Assistance
  • 401(k) match
  • Flexible PTO
  • 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:

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:

Royalties & Copyright

Salary Range:

$48,900.00 - $68,400.00

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.

Similar Jobs

PwC - Senior Associate_Android/Flutter Developer_Data & Analytics_Advisory_PAN India

PwC

Kolkata, West Bengal, India (On-Site)
6 Months ago
Evolution - Shuffler

Evolution

Tbilisi, Tbilisi, Georgia (On-Site)
6 Months ago
Samsung Semiconductor - Data Science Intern

Samsung Semiconductor

San Jose, California, United States (Hybrid)
3 Weeks ago
Universal Music - Coordinator, Commercial Partnerships

Universal Music

Santa Monica, California, United States (On-Site)
2 Months ago
Tripledot Studios - Game Designer

Tripledot Studios

Warsaw, Masovian Voivodeship, Poland (Hybrid)
3 Months ago
Evolution - Accountant (international)

Evolution

Tbilisi, Tbilisi, Georgia (On-Site)
11 Months ago
Salesforce - Named Account Executive, Public Sector, Indonesia

Salesforce

Jakarta, Jakarta, Indonesia (On-Site)
6 Months ago
PearlAbyss - Accounting Closing Staff

PearlAbyss

(On-Site)
3 Months ago
Animoca Brands - Financial Reporting Associate

Animoca Brands

Hong Kong (Hybrid)
2 Months ago
Trackman - Accounts Payable Specialist

Trackman

(On-Site)
1 Month ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

ASSIST Software - Node.js Engineer

ASSIST Software

Suceava, Suceava County, Romania (Remote)
5 Months ago
Logitech - CX Technical Training Lead Logitech for Business

Logitech

British Columbia, Canada (Remote)
4 Months ago
Abstraction games - Office Manager (Part-Time & Hybrid)

Abstraction games

Eindhoven, North Brabant, Netherlands (Hybrid)
1 Month ago
CD PROJEKT RED - ML Game Systems Engineer

CD PROJEKT RED

Warsaw, Masovian Voivodeship, Poland (On-Site)
3 Months ago
G5 Games - 2D Character Artist (Hidden objects project)

G5 Games

Yerevan, Yerevan, Armenia (Remote)
6 Months ago
CD PROJEKT RED - Intern in Engineering team (Rigging)

CD PROJEKT RED

Warsaw, Masovian Voivodeship, Poland (On-Site)
1 Month ago
DECA Games - Starship Artist

DECA Games

(Remote)
2 Months ago
Techland - Animation Director

Techland

Wrocław, Lower Silesian Voivodeship, Poland (On-Site)
4 Months ago
Trek - Service Manager

Trek

West Chester, Pennsylvania, United States (On-Site)
2 Months ago
PwC - Senior market analyst in government and public sector practice

PwC

Kyiv, Kyiv City, Ukraine (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

Jobs in California, United States

Meetelise - VP of Marketing

Meetelise

New York, New York, United States (On-Site)
5 Months ago
Magic Leap - Director, Calibration Software

Magic Leap

Sunnyvale, California, United States (Hybrid)
9 Months ago
KingsIsle Entertainment - Senior Community Manager

KingsIsle Entertainment

Texas, United States (Hybrid)
1 Month ago
Onward Search - Sr. Software Engineer

Onward Search

Santa Monica, California, United States (On-Site)
1 Month ago
Scale AI - AI Product Manager, Generative AI

Scale AI

San Francisco, California, United States (On-Site)
6 Months ago
ByteDance - Software Engineer

ByteDance

Seattle, Washington, United States (On-Site)
4 Weeks ago
Twitch - Product Marketing Manager

Twitch

Seattle, Washington, United States (On-Site)
3 Weeks ago
ByteDance - Music Product Counsel - Global Legal

ByteDance

San Jose, California, United States (On-Site)
5 Months ago
Nintendo - Intern – Networking Software Engineer (NTD)

Nintendo

Redmond, Washington, United States (On-Site)
5 Months ago
Spellbrush - AI Infrastructure Engineer

Spellbrush

San Francisco, California, United States (On-Site)
1 Month ago

Get notifed when new similar jobs are uploaded

Account Management Jobs

SKYDANCE - Senior Financial Analyst

SKYDANCE

Santa Monica, California, United States (Hybrid)
1 Month ago
ByteDance - Cloud Solutions Technical Account Manager - BytePlus - Indonesia

ByteDance

Jakarta, Jakarta, Indonesia (On-Site)
5 Months ago
WebMD - Financial Accountant (m/w/d)

WebMD

United Kingdom (On-Site)
4 Months ago
PwC - Manager Fund Accounting (m/f/d)

PwC

Luxembourg (On-Site)
6 Months ago
VGW - Account Management Team Lead

VGW

Toronto, Ontario, Canada (On-Site)
3 Weeks ago
Funko - Order Entry Coordinator

Funko

London, England, United Kingdom (On-Site)
6 Months ago
PwC - Manager to Accounting Advisory Services

PwC

Almaty, Almaty Region, Kazakhstan (On-Site)
6 Months ago
Canva - Revenue Accounting Manager, Online Sales

Canva

San Francisco, California, United States (Remote)
1 Month ago
PwC - Starszy Konsultant / Starsza Konsultantka | Audyt

PwC

Poznań, Greater Poland Voivodeship, Poland (Hybrid)
6 Months ago
Trackman - Accounts Payable Specialist

Trackman

(On-Site)
1 Month ago

Get notifed when new similar jobs are uploaded

About The Company

Los Angeles, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

California, United States (Remote)

Los Angeles, California, United States (On-Site)

Santa Monica, California, United States (On-Site)

New York, New York, United States (On-Site)

New York, New York, United States (On-Site)

Nashville, Tennessee, United States (On-Site)

Alabama, United States (Remote)

View All Jobs

Get notified when new jobs are added by Universal Music

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug