Coordinator, Global Royalty

Posted 4 Days Ago
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Franklin, TN
30K Annually
Entry level
Music • News + Entertainment
The Role
The Coordinator, Global Royalty at UMG processes and reconciles electronic royalty statements, supports international royalty processes, assists with income assurance projects, and collaborates on system tool development. The role requires strong analytical skills and attention to detail to ensure accurate reporting and maximize songwriter payouts.
Summary Generated by Built In

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 own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. 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.
 

How we LEAD:

The Coordinator, Global Royalty at UMPG is positioned to contribute and learn as part of a world class royalty team whose key goal is to ensure fast and accurate royalty accounting to songwriters. The role scales across UMPG’s global landscape, both North American and international settings, as well as the assurance of future royalties through data rich projects. Reporting to the Senior Manager, Global Royalty, the Coordinator role encompasses royalty statement processing, royalty income assurance, and support during quarterly royalty accounting closes. The position is rich in opportunity for involvement with the company’s biggest deals, signings, and international projects.

How You’ll CREATE:

  • Load, process, and reconcile electronic royalty statements in an accurate and timely manner and in accordance with company controls.
  • Support UMPG’s international royalty process with royalty statement processing and support of the company’s local offices around the world.
  • Contribute to royalty statement processing for UMPG’s North American royalty operations, learning the nuances of income sources and supporting the local administration team.
  • As part of royalty assurance, load and maintain UMPG catalog information and assist with revenue generating projects including society suspense, label copy, business & legal affairs inquiries, and sync requests.
  • Execute the timely due diligence and review of all suspense data, seeking to maximize songwriter payout.
  • Prepare and review royalty statement reconciliations, utilizing accounting skills to ensure accurate reporting to songwriters.
  • Ensure accuracy in all processing and reporting by verifying song matches.
  • Employ critical thinking in the review of data and analytics to ensure accurate royalty processing.
  • Act as a self starter in proactively finding solutions and offering assistance to the team.
  • Learn and develop ownership in assigned projects as part of the core area of concentration.
  • Contribute to the building of new system tools and the implementation of new technologies within UMPG’s Global Royalty system, partnering with teams cross divisionally and around the world.
  • Bring a fresh perspective, seeking to deconstruct and rebuild processes to create efficiencies and improvements.
  • Perform ad hoc reporting and royalty team projects as needed.

Bring Your VIBE:

  • 1 year of work experience or prior internship experience in the administration of music rights, Business Management for Artists, Accounting, or Financial Planning & Analysis strongly preferred.
  • Excellent written and verbal communication skills are required.
  • Experience in Microsoft Excel and text editors required.
  • Ability to work in a bespoke systems landscape required.
  • Strong organization skills, critical thinking, analytical abilities, and attention to detail are required.
  • Ability to meet deadlines quickly and accurately while managing competing priorities is required.
  • 4 year degree in Business Administration, Accounting, or Music Business strongly preferred.
  • The ability to partner and work well as part of a team is required.
  • Overtime as required.

Perks Playlist:

  • Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

  • Comprehensive medical, dental, vision, and FSA options, as well as:

    • 100% coverage for out-patient mental health services

    • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

    • A lifetime fertility support allowance of $30,000 to plan participants

    • Student Loan Repayment Assistance and Tuition Reimbursement

    • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

  • Variety of ways to prioritize much-needed time away from work including:

    • Flexible Paid Time Off (PTO) for exempt employees

    • 3-weeks PTO for non-exempt employees

    • 2-weeks paid Winter Break

    • 10 Company Holidays (including Juneteenth and Wellbeing Day)

    • Summer Fridays (between Memorial Day and Labor Day)

    • Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.
Universal Music Group is an Equal Opportunity Employer

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

For more information, please click on the following links.

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish


Job Category:
Royalties & Copyright

Top Skills

Excel
The Company
HQ: Santa Monica, CA
9,189 Employees
On-site Workplace

What We Do

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.

Universal Music Group's labels include A&M Records, Astralwerks, Blue Note Records, Capitol Christian Music Group, Capitol Records, Capitol Records Nashville, Caroline, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, EMI Records Nashville, Fonovisa, Geffen Records, Harvest, Interscope Records, Island Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Republic Records, Universal Music Latino, Verve Label Group, Virgin Records, Virgin EMI Records, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.).

UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world. Universal Music Group is a Vivendi company.

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