Music Industry Accounting Expert for Record Labels

5 days ago

Nashville, Tennessee, United States Bertelsmann Full time
Senior Manager Recorded Administration

Come As You Are.

BMG is committed to providing equal employment opportunities and we celebrate diversity in all forms. Equal opportunity runs deep in our core value of fairness and we are determined to create a truly inclusive work environment, where everyone can flourish. If you're good at what you do, come as you are.

All applicants to BMG will receive equal treatment regardless of age, disability, gender identity or expression, marital or civil partner status, pregnancy or maternity, race, color, nationality, ethnic or national origin, religion or belief, sex or sexual orientation.

*BMG is the proud representative of Kurt Cobain's publishing catalogue, including the 1992 single 'Come As You Are'.

Job Overview

In this dynamic role, your mission is to ensure our artists and clients receive world-class accounting services, while delivering unparalleled customer support. As a key player in our team, you'll work closely with A&R, Finance, and Royalty Services, handling royalty-related inquiries and operations that keep the music flowing.

Key Responsibilities

  • Set up contract and royalty rate models per contractual royalty provisions
  • Review artist/third party contracts and create royalty rate summaries
  • Assist and coordinate detailed research royalty projects
  • Calculate and implement royalty adjustments
  • Clear sales, product and rate calculation errors
  • Research and service inquiries from clients and their teams
  • Manage the accurate, timely processing and review of artist royalty/joint venture statements
  • Work closely with key departments at BMG including legal, finance, creative & Hub teams
  • Support various ad-hoc projects, report requests, and royalty software testing as required

Requirements

  • Experience with royalty terms and calculations related to artist, producer, joint venture, 3rd party and asset purchase agreement reporting
  • Previous experience in a royalty accounting, distribution, or participations role within the music industry
  • Background reading and interpreting contracts, especially related to royalty provisions
  • Strong problem-solving skills
  • Experience with Microsoft Excel is required with demonstrated ability to utilize intermediate-to-advanced Excel functions, including PivotTables, VLOOKUP, and other analytical functions
  • Strong verbal and written communication and presentation skills, ability to explain analytical findings to internal stakeholders
  • Experience with royalty calculation software (i.e. Record Maestro, Curve, SR1) required
  • Familiarity with Scrum methodology, Jira/Confluence, Looker are a plus
  • Passion for record labels & music rights administration
  • Have an exceptional attention for detail and the ability to track and follow through on multiple concurrent projects to completion
  • Ability to prioritize and effectively follow through under pressure and/or tight deadlines
  • Background with strong analytical aptitude and are comfortable working with financial data, calculations, spreadsheets

Benefits

  • We offer a competitive salary ranging from $60,000 to $64,625 per annum.
  • A flexible hybrid setup: 3 days in office, 2 days remote.
  • Comprehensive medical, dental, and vision coverage.
  • Dollar-for-dollar 401(k) match of up to 6% after your first year.
  • No accruing vacation days or hitting a cap; take time off when you need it with our flexible time off policy.
  • Save money and time with our commuter benefits program.
  • Stay healthy and earn financial rewards with our fitness reimbursement program and wellness incentives.
  • Access well-being support 24/7 through our Employee Assistance Program.
  • Kick off your weekends early with Summer Fridays.
  • Unlock your potential with development opportunities, including mentorship programs and LinkedIn Learning.

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