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Royalty Accounting Specialist

2 months ago

Nashville, Tennessee, United States Tri Star Sports and Entertainment Group,Inc Full time
Job Title: Royalty Accounting Specialist

We are seeking a highly organized and detail-oriented Royalty Accounting Specialist to join our team at Tri Star Sports and Entertainment Group, Inc. This is a unique opportunity to work with a renowned business management firm serving high net-worth clients in the sports and entertainment industry.

Job Summary

The Royalty Accounting Specialist will be responsible for downloading and summarizing royalty statements from portals, combining and formatting large electronic datasets, and maintaining organization of electronic files and folders. This individual must have strong analytical and problem-solving skills, with clear attention to detail, and be able to set goals, manage timetables, and meet deadlines.

Key Responsibilities
  • Download and summarize royalty statements from portals
  • Combine and format large electronic datasets
  • Maintain organization of electronic files and folders
  • Aggregate, transform, summarize, and analyze various datasets by creating databases, designing pivot tables, and running queries
  • Reconcile royalty subledger activities to the general ledger
  • Reconcile various third-party liability account balances
  • Analyze existing royalty system terms to ensure alignment with agreements
  • Analyze data to find underpayments of royalties and create claim schedules
  • Prepare accurate and timely monthly, quarterly, and semi-annual royalty statements to comply with contractual obligations, ensuring all costs and advances are reconciled to the general ledger
  • Prepare royalty schedules for insurance applications and/or renewals
  • Prepare customized royalty reports as requested
  • Conduct Internet research
  • Communicate client change of address and direct deposit information to income sources
  • Respond to inquiries from internal teams
Requirements
  • Experience with an accounting system (QuickBooks, Dynamics, SAP, Oracle)
  • Experience with data mining tools (Access, SQL, BI)
  • Experience developing metrics for reporting, using data visualization tools Tableau or Power BI
  • Prior experience working in accounting, audit, royalty accounting, music and/or licensing
  • Experience or education in the music business, particularly music royalties or audit
  • Eagerness to learn new skills and concepts
  • Strong written and verbal communication skills with the ability to interact across the organization
  • Extremely detail-oriented to create accurate and timely reports
  • Strong work ethic with a positive attitude & a fit with the company's culture & values
Qualifications
  • Ability to reliably commute and report to the Tri Star office
  • BA or BS in Finance, Accounting, Business, or related field
  • 3+ years of work experience
  • Proficiency in Excel, including Pivot Tables and formulas (such as VLOOKUP and SUMIF)
  • Strong analytical and problem-solving skills, with clear attention to detail
  • Ability to set goals, manage timetables, and meet deadlines
Tri Star Core Values

PERFORMANCE: We provide clients with excellent reporting and service

HONESTY & INTEGRITY: We are transparent and accountable, always being truthful to staff and clients

TEAMWORK: We actively participate in group discussions, tasks, and projects

COMMITMENT: We are dedicated to our roles within Tri Star, the core values of the firm, and the clients

TECHNOLOGY: We seek to capitalize on innovative technologies and contribute to positive change in the firm