Universal Music Group

Music

RoyaltyAccountant

$700–1200k ~AI est. Manila, Philippines CONTRACT
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Royalty Accountant at Universal Music Group. Skills: Royalty accounting, Financial operations, Reporting. Prepare royalty statements. Process royalty advances”

Industry & Context.

Music
Problems you'll solve

Discrepancy resolution; Process improvement identification

What They're Looking For.

Must Have

3 years in finance or accounting

Nice to Have

Degree or diploma in Accounting, Music industry experience

What You'll Do.

Prepare royalty statements

Process royalty advances

Submit income schedules

Record royalty cash receipts

Reconcile royalty cash receipts

Capture revenue streams

Report revenue streams

Resolve discrepancies

Engage clients on payments

Coordinate with licensing

Track songwriter advances

Identify payment triggers

Identify contractual options

Release works from Suspense Account

Identify songs from incomplete listings

Ensure proper tax treatment

Ensure proper documentation

Compute creditable withholding tax

Issue creditable withholding tax forms

Maintain documentation

Adhere to internal control policies

Maintain audit trails

Assist in audit requirements

Prepare reconciliations for audits

Prepare schedules for audits

Prepare supporting documents for audits

Assist Publishing Head

Generate reports for Finance

Generate reports for Legal

Generate reports for Global Publishing

Identify process improvements

Enhance royalty reporting efficiency

Enhance royalty analysis efficiency

How You'll Work.

Team & Collaboration

Global Admin; Licensing department; Finance teams; Legal teams; Global Publishing teams

Communication Scope

Verbal communication; Written communication

Full Job Description

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world. UMPG is also a global leader in Classical & Screen, Christian/Gospel and Production Music. The company is the publisher of choices for film and TV studios, providing creative, sync licensing and administration services for companies including Universal Pictures, Warner Bros. Pictures, Lionsgate, MGM, Paramount, Disney Europe (and other territories), Viacom, Amazon, HBO, DreamWorks, DreamWorks Animation, Legendary Pictures, Mar Vista Entertainment, NBC and Sesame Workshop, among many others. **_Position Overview:_** We’re on the lookout for a **Royalty Accountant (6 months contract)** with a meticulous eye and a proactive attitude to help chart the course of our financial operations in our Publishing team in the Philippines. **You Will:** * Prepare and distribute precise half-yearly royalty statements for our esteemed songwriters and partners, ensuring transparency and trust. * Manage and process royalty advances, propelling our partners and songwriters along their creative journey. * Prepare and submit comprehensive monthly income schedules and statements to our Global Admin, contributing to our worldwide success. * Record, reconcile, and harmonize royalty cash receipts with precision and flair. * Ensure accurate capture and reporting of all revenue streams, swiftly resolving any discrepancies that arise. * Proactively review debtor lists and engage with clients to discuss payment statuses, maintaining positive relationships. * Coordinate seamlessly with the licensing department for efficient invoice generation. * Keep your finger on the pulse by tracking songwriter advances and identify critical t

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