Royalty Specialist

{"title": "Royalty Specialist", "description": "Job Summary

We are seeking a highly skilled Royalty Specialist to join our team at Naxos of America LLC. As a key member of our royalty administration department, you will be responsible for managing the flow of metadata and revenue related to public performance and mechanical collection on behalf of owned and represented labels.

Key Responsibilities

• Coordinate the flow of metadata and revenue related to public performance and mechanical collection
• Research and secure mechanical licenses through The Harry Fox Agency (HFA) or directly
• Communicate with HFA regarding new uses in their eMechanical system and questions regarding licenses or royalty statements
• Answer questions regarding language in direct licenses and payment documents for publishers and composers not affiliated with HFA
• Work with activity reports from Naxos' distribution systems to compare release information with data from the reporting system to assess configuration information for accurate licensing
• Enhance departmental functionality through procedural and technological advancements
• Answer questions regarding master recording claims and disputes in the SoundExchange system for claimed master's on project handled through Naxos to ensure full ownership and rights to public performance income
• Answer questions regarding the use of Naxos' Royalty Reporting system for submitting new releases, adding mechanical license numbers, and adding new publisher information
• Process and provide the accounting department with quarterly Journal Entries for mechanical royalties owed
• Notify the Mechanical Licensing Collective (MLC) of monthly activity and the creation of the yearly summary of the monthly activity
• Manage communication with performing rights organizations (PROs) regarding performance licensing for compositions streamed via Naxos's owned platform, MusicBox
• Train and manage temporary employees or interns who may be brought on to assist the department, including obtaining mechanical licenses through HFA and directly
• Answer questions and manage projects for temporary employees
• Provide financial or copyright analysis required by the company or represented labels
• Create artist royalty statements for certain Naxos owned labels
• Process royalties for labels with unclassified contract and provide statements of activity
• Provide monthly release information to SOPROQ
• Maintain and implement compliance with all company policies and procedures
• Perform other related duties as assigned by supervisor

Requirements

• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
• Advanced verbal and written communication skills, including ability to effectively communicate with internal and external persons
• Ability to translate complicated business issue into action given set parameters
• Excellent computer proficiency, particularly with the MS Office Suite. Advanced Excel capabilities (e.g., pivot tables) are required
• Leadership and ability to provide project outlines, deadlines, and guidance throughout a given project

Preferred Qualifications

• Ability to research topics related to pertinent departmental issues in this ever-changing landscape
• Experience with royalty management systems, specifically RoyaltyShare
• Understanding of basic accounting (account credits and debit)
• Knowledge of general audit structures

Education and/or Work Experience Requirements

• Bachelor's degree required (business, accounting, or music business focus preferred)
• 2-3+ year(s) working in a label-perspective mechanical royalty administration role with experience leading projects
• Practical understanding of copyright law, mechanical licensing, and how it pertains to classical music (public domain, public performance, etc.)

Naxos of America LLC is an equal opportunity employer.

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