Manager, Royalties

Posted Yesterday
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New York, NY
68K-75K Annually
Senior level
Music
The Role
The Royalties Manager will oversee workflows in the Royalties team, ensuring accurate and timely delivery of royalty revenue to clients. Responsibilities include managing operational processes, documenting procedures, liaising with stakeholders, and leading team members in royalty data handling.
Summary Generated by Built In

JOB SUMMARY

  • Joining the growing Royalties team in the United States, the Royalties Manager will manage workflows within a team to assist the Senior Manager of Royalties to ensure publishing royalty revenue collected from US based income sources can be delivered to our clients in an accurate and timely manner by digesting incoming deal terms, translating reporting requirements, executing operational tasks and regularly running a suite of reporting and analysis for the team to execute the reconciliation of receipts to data ensure the efficient and accurate processing of all royalty data received.
  • You will need the ability to remain optimistic and persistent when working to document, revise, track and develop existing processes that enable the team to ingest, allocate and generate royalty payments from incoming royalty data reconciled against Kobalt’s database for accurate royalty flow to clients. To effectively support the Senior Manager of Royalties, high levels of confidence in decision making will be required when faced with new process requests and amending existing procedures to keep Kobalt process up to date with changes to incoming reports and industry standards. You will often be required to liaise with key stakeholders within the Royalties department, wider operational department (such as our Global Digital Operations team and Copyright department) tech and client relations teams. This will require excellent communication skills as well as a detail-driven mind-set to translate requirements into concise proposals of action. You will need to be comfortable with working within, building and improving a structured set of processes and leading colleagues responsible for repetitive and data heavy tasks while remaining positive and determined to complete all assignments accurately and efficiently.
  • You will be responsible for managing and developing direct reports in terms of performance and career progression.

MAIN RESPONSIBILITIES:

  • Support your team in executing and documenting process changes as required to ensure royalty data into Kobalt’s bespoke rights management platform is processed efficiently.
  • Ensure best practise is developed, documented and maintained so colleagues have the information and direction they require to follow process steps and solve processing exceptions.
  • Assist the Senior Manager Royalties in evaluating proposed automated processes and their success, assessing effort vs output to ensure automation levels remain optimal.
  • Interpret and communicate information received from a wide range of stakeholders, regarding any changes made to incoming royalty reporting or directly licensed deal structures and ensure our processing methods are altered when necessary.
  • Maintain operational awareness of key royalty distributions, support team to solve issues and escalate where appropriate
  • Help set up, maintain and take ownership of processes that track incoming payments expected to ensure completeness of collections
  • Be responsible for the quarterly success rate of our royalty processing
  • Run and keep on top of multiple regular or ad hoc reports so key stakeholders have up to date information required to assess performance of process and evaluate potential impact on client statements.
  • Coordinate and manage direct reports, ad hoc needs and development.

Essential Criteria:

  • Experience with creating, ingesting, interpreting royalty reporting formats across major US Mechanical sources of royalty revenue (TheMLC, YouTube, MRI, HFA, Record Labels)
  • Understanding statutory royalty rates across product configurations in the United States
  • Understanding of the differences in 115 and non-115 mechanical licensing in the United States
  • Confident Excel user
  • Familiarity with rights management software, either proprietary or market standard (eg Vistex products)
  • Entry level SQL coding capability

Desirable Criteria

  • Fluent in workflow management software such as Monday.com or equivalent
  • Prior management experience
  • Comfortable managing relationships with external stakeholders.


WHY CHOOSE US?

At Kobalt we’ve prioritized creators since we first started in 2000. Our music services and the technology we’ve built helps make the industry more fair and rewarding for artists. 

We’re trusted by some of the world’s biggest names like Doja Cat, Kali Uchis, Phoebe Bridgers and Sam Fender and songwriters such as Simon Aldred (Rag N Bone Man, Liam Gallagher, Celeste) and Clarence Coffee Jr. (Dua Lipa, Lizzo, The Snuts). 

We thrive on creativity and are committed to championing diversity. We’re dedicated to inclusiveness and provide all the resources and benefits you need to grow your career and reach your potential. We offer competitive compensation packages, professional development opportunities, and an entrepreneurial culture that makes working here not just fun, but also rewarding.

IMPORTANT NOTICE

Applicants must be eligible to work in the United States. A full DBS check on acceptance of offer. Kobalt is an equal opportunity employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, gender, age, religion, disability, sexual orientation, or any other status or characteristic protected by law.

The range provided is for NYC-based hires only and will be commensurate with candidate experience. Pay ranges for candidates in other locations other than NYC may differ based on the cost of labor in that location. 

Pay range:

$68,000$75,000 USD

The Company
HQ: New York, NY
531 Employees
On-site Workplace
Year Founded: 2000

What We Do

Kobalt is one of the world’s largest, most innovative music companies, using technology to power creative freedom, transparency, ownership and control for artists, songwriters, publishers, and labels.

As file-sharing wreaked havoc on the record industry, Kobalt took a bet on digital music and won. Founded in 2000 by Swedish entrepreneur Willard Ahdritz, the startup built a platform to maximize efficiency, accuracy, and transparency across the billions of micro-payments collected in today’s highly complex digital world. As traditional music companies fought technology and contracted, Kobalt embraced it and grew, building an infrastructure and world-class creative team purposely designed to usher in the streaming era, along with a more fair, rewarding music business for creators.

Today, Kobalt has over 700 employees in 12 offices around the world, represents over 20,000 artists and songwriters, 600,000 songs and 600 publishing companies, and continues to push its disruptive philosophy and values into other areas of the music industry. Recent innovations like AWAL, an alternative to the traditional record label, and AMRA, the world’s first global digital performing rights organization, are both considered major agents of change in their respective businesses.

Kobalt is proud to work with some of the world’s greatest artists and songwriters, representing on average over 60% of the top 100 songs in both the US and UK. Kobalt clients include Childish Gambino, Marshmello, Beck, Wolf Alice, Max Martin, Bob Dylan, Ozuna, Tash Sultana, Paul McCartney and MPL Communications, Disney Music Group, and many more.

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