Royalty Administrator

This is a Full Time Job

A little bit about our team:

The U.S. Shared Services Reporting Department is responsible for leading all of the reporting obligations of WMG's U.S. record labels (including those operated by the Atlantic Records, Rhino Entertainment, Warner Records, and Warner Music Nashville) to recording artists, producers, writers and publishers, labor unions, and other external payees. The Department's services include the following:
• Calculating and paying royalties to recording artists, producers, and other third parties;
• Calculating the net profits earned by joint ventures between WMG's record labels and external parties and then paying those external parties their contractual shares of such profits;
• Calculating and paying mechanical royalties to songwriters and/or their publishers and administrators; and
• Calculating and paying monies due to labor unions pursuant to the terms of the collective bargaining agreements between such unions and the applicable WMG record labels that are signatories to those agreements.

Members of the Department work closely with employees in the Business Affairs, Finance, Production, Operations, New Media, and Marketing departments of each label client to fulfill the above-referenced responsibilities for the recordings and record those labels release.

Your role:

The candidate hired to fill this position will be responsible for entering and maintaining mechanical royalty rates in the various publishing royalty systems that WMG uses and processing publishing royalty statements for the label group.

Here you'll get to:
• Maintain and update royalty account information for assigned vendors, including by updating the contact information and tax identification numbers for vendors as needed;
• Obtain all vital contractual, publisher and administration information required to set up mechanical and other publishing royalty rates in WMG's various royalty system(s) in order for WMG to pay mechanical and other publishing royalties in respect of the musical compositions embodied in WMG's recordings and records, including audio and/or audiovisual recordings, and physical and digital records.;
• Perform and review royalty rate calculations; reference and review the underlying license agreements and/or relevant contractual provisions, as needed, in order to confirm and/or resolve such royalty rates and the corresponding royalty payees before that information is entered into the applicable royalty system(s);
• Ensure that releases and projects are set-up accurately and submitted to the Team's senior managers for review in a timely manner; ensure that any corrections required to be made to the set-up for a given release or project are made accurately and submitted in a timely manner;
• Process and review quarterly and monthly publishing royalty statements to ensure the accuracy of both the royalty rates applied and the underlying earnings on which royalties are being paid;
• Ensure that publishing royalty statements are issued in a timely manner;
• Respond to inquiries from publishers regarding the statements and payments WMG has sent; and
• Perform any other duties and tasks related to the Department's role and responsibilities that might be assigned by the Team's senior management from time to time.

About You:
• Candidate must be able to work well independently and as part of a team
• Possess excellent verbal and written communication skills;
• Meet deadlines consistently and optimally while working under pressure;
• Candidate must be able to manage multiple assignments at any given time and prioritize them effectively and appropriately
• Experienced in using MS Office Suite; Word and Excel

It would be music to our ears if you also had:
• Bachelor's degree required.
• Candidate should possess 0 to 2 years' experience working in a position or positions involving the administration of mechanical or other publishing royalties.



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