Associate Manager, JV Artist Royalties

How We LEAD

We are currently seeking to fill the role of Associate Manager. In this role, you will be responsible for all aspects of account management including income tracking, creating and managing artist accounts to ensure that we are accurately reporting royalties and participations to artists and third parties in accordance with the applicable agreements and licenses. You will also be responsible for accuracy in monthly royalty expenses and accruals, cash forecasting and partnering with label management on artists projects. This position affords the right candidate exposure to all aspects of royalty and participation reporting and to 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

• Review and administer statements for artists and third-party participants.
• Communicate with various parties (internal and external) to obtain contracts and verify participation splits to ensure all obligations are executed in accordance with contract terms and understandings of all contractual parties.
• Work with Label management to evaluate recording funds, deal profitability, deal renewals and option triggers.
• Track new projects and recording activity in Studio Hub and update the relevant systems and processes for all participants and all releases.
• Create and manage accounts.
• Prepare, review and statement any assigned A&R participations and soundtrack reporting.
• Support UMG Finance with Joint Venture and Distribution reporting.
• Answer all daily inquiries from internal and external clients in a timely and professional manner.
• Perform monthly analysis of global revenues, revenue trends and unprocessed revenues.
• Work with income processing groups to clear any unprocessed revenues.
• Prepare and post corrections to the relevant systems.
• Aid in training of new employees.

Skills/Abilities

• Bring your VIBE: Strong analytical, organizational and problem-solving skills with attention to detail
• Self-motivated
• Must be able to prioritize work and meet deadlines with little oversight
• Work well under pressure in a fast-paced environment
• Excellent verbal and written communication skills
• Proficient in Microsoft Excel, Word and OneNote
• Ability to learn new concepts quickly and efficiently
• Accountability for deliverables
• Collaborative nature
• Commitment to work overtime as required

Qualifications

• Four-year college degree or certificate in Music Business, Accounting or Finance or equivalent work experience is preferred.
• CPA preferred.

Perks

• Comprehensive medical, dental, and vision coverage
• Including 100% coverage for out-patient in-network mental health services
• Fertility coverage for eligible medical plan participants
• Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)
• Student Loan Repayment Assistance and Tuition Reimbursement
• 401(k) with 100% immediate vesting on the first 5% of your contributions, plus an additional UMG contribution
• A 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)

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.
• Please note, UMG is not enrolled in E-Verify in California and New York, and cannot support employment of candidates whose employer must enroll in E-Verify, for example candidates on STEM-OPT.
• For more information, please click on the following links.
  • E-Verify Participation Poster: English / Spanish
  • E-Verify Right to Work Poster: English | Spanish

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