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Royalty Income Tracker

2 months ago

Santa Monica, California, United States Wise Music Group Full time
About Wise Music Group

We are a leading independent music publisher with a global presence, offering a full-service music publishing and copyright administration experience.

Our Los Angeles office provides a one-stop shop for music professionals, offering publishing services, music supervision, songwriting, and production.

Job Overview

The Royalty Income Tracker will be responsible for monitoring and recording all royalty income streams, ensuring accurate and timely payments to rights holders, and providing financial reports and analyses to the management team and finance departments.

This role requires a detail-oriented individual who can work independently and as part of a team, with strong analytical skills and attention to detail.

Responsibilities and Duties
  1. Monitor and track royalty income from various sources.
  2. Collaborate with legal and accounting teams to ensure compliance with contractual agreements.
  3. Reconcile royalty statements with internal records and resolve any discrepancies.
  4. Research internal and external systems, check various income reports, and make changes to the data as needed to ensure correct income flow.
  5. Generate regular financial reports detailing royalty income and distributions.
  6. Assist in the development and improvement of royalty tracking systems and procedures.
  7. Provide support during financial audits related to royalty income.
Qualifications
  • Bachelor's degree in Finance, Accounting, or related field.
  • Proven experience in royalty accounting or a similar financial tracking role.
  • Strong analytical skills and attention to detail.
  • Proficiency in financial software and Microsoft Office Suite.
  • Excellent communication and interpersonal skills.
Preferred Skills
  • Knowledge of intellectual property law and rights management.
  • Experience with royalty and tracking software platforms.
Compensation

Competitive salary and benefits package commensurate with experience. Salary range $65-85k.

This is an exempt salaried position. Full medical and dental benefits and 401(K) are offered. Wise Music/G. Schirmer Inc. is an equal-opportunity employer, committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and existing employees without regard to protected categories.