Junior Royalty Accountant

Overview

• Support the Royalty department's operations, focusing on Artist and Mechanical royalties across multiple labels.
• Interpret recording agreements and ensure accurate royalty statement reporting.
• Collaborate with Business Affairs, Legal, and A&R Administration on contract disputes.
• Respond to artist and representative inquiries professionally and accurately.
• Handle suspense accruals and pending calculations efficiently.
• Reconcile third-party liability account balances, including samples and overrides.
• Support ad hoc projects and analyses as needed by the team.
• Work in a dynamic and collaborative environment with opportunities for growth.

Key Responsibilities & Duties

• Analyze and document royalty terms and product/track links to recording agreements.
• Prepare accurate and timely royalty statements in compliance with contractual obligations.
• Clear suspense accruals and reconcile pending calculations effectively.
• Draft formal responses for disputed contractual language.
• Respond to artist and representative inquiries with professionalism.
• Reconcile third-party liability account balances, including samples and overrides.
• Collaborate with various teams on royalty-related projects and analyses.
• Ensure compliance with industry standards and contractual obligations.

Job Requirements

• Bachelor's degree in Business Administration, Accounting, Finance, or related field.
• 1–3 years of experience in royalty accounting or financial analysis.
• Proficiency in Microsoft Office Suite, especially Excel.
• Strong attention to detail and organizational skills.
• Ability to manage multiple tasks and deadlines effectively.
• Experience analyzing data from multiple corporate systems.
• Familiarity with royalty systems and music industry contracts preferred.
• Excellent communication and analytical skills.