Royalties specialist Jr

at  Adecco

CLIENT DESCRIPTION:

Our client is one of the largest music companies in the world that operates in over 60 countries and has a vast catalog of artists across various genres. Focusing on promoting and distributing music from both Romanian and international artists within the Romanian market.

Reporting to the Royalty Manager/Financial Director, you will be responsible for:

• Analyzing the artist agreements to extract the relevant financial information.
• Setup the necessary data (import, transfer) in the Carlos Royalty Software.
• Review the accuracy of the Royalty Master Data and the interface with SAP.
• Running all necessary royalty processes for both music (Carlos) and publishing business (PREF).
• Review the accuracy and completeness of the royalty statements.
• Compute and perform the necessary adjustments for the complex agreements (Joint Ventures, Profit Share agreements, Nested deals).
• Perform the transfer of royalty advance amounts and amounts payable to vendors.
• Obtain the necessary documents from the artists (invoices, declarations).
• Maintenance and development of the royalty reporting systems.
• Performance of analytical review of the royalty expenses.
• Performance of quarterly balance sheet accounts reconciliations for the 3rd party royalty payable amount.
• Providing information used by management of the company for decision making (internal customer) as well as preparation of various statements for external users: artists, copyright societies, other record companies (external customer).
• Providing support, as required, to internal auditors, external auditors, corporate finance team and senior management.
• Review that all transactions and process flows are processed in compliance with the company procedures and SOX guidelines.

A mentor will support you to stepwise take over own responsibility.