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Full-Time

Royalties Audit Manager

Posted on 6/18/2024

Sony Music Entertainment UK

Sony Music Entertainment UK

1-10 employees

Produces, promotes, and distributes music globally

Senior

London, UK

Category
Auditing
Accounting
Required Skills
Power BI
SAP Products
Requirements
  • Recorded music or music publishing industry experience – Royalties specific
  • Royalty audit experience
  • Significant experience of interpreting artist and producer contracts, negotiating with auditors, financial accountancy and collating worldwide income
  • Experience using SAP, Power BI, Excel, internal and external royalty portals and income sales & repertoire systems
  • Excellent verbal & written communication and interpersonal skills
  • Ability to work closely with senior directors
  • Proactive approach to working
  • Rigorous eye for detail and diligent approach
  • Ability to work as a team as well as working independently
Responsibilities
  • Managing Royalty Audits for our Artists – Inbound / Outbound & Internal
  • Being the point of contact for all royalty audits
  • Liaising and working with internal parties such as Legal & Business Affairs and Record Labels regarding the findings and progress of royalty audits
  • Negotiating findings and rebuttals through constant communications with all parties involved in the audits
  • Liaising with the Global Finance Shared Service based in New York and Mexico for audit information
  • Overseeing outbound audits; auditing third parties and artist passive rights and licensing
  • Assisting with User Acceptance Training for systems and process, and development of various Royalty Projects
  • Assisting Senior Royalty Director in annual budget planning
Sony Music Entertainment UK

Sony Music Entertainment UK

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Sony Music Entertainment UK is a prominent music company that represents a wide array of artists, from local talents to international stars. The company focuses on producing, promoting, and distributing music across various platforms, including physical sales, digital downloads, and streaming services. It serves music artists, songwriters, producers, and fans, making it a key player in the global music industry. Sony Music's business model includes signing and developing artists, generating revenue through music sales, streaming royalties, and licensing fees, as well as live performances and merchandise. Unlike many competitors, Sony Music adapts to market trends, such as the growth of digital streaming, and utilizes its extensive music catalog to create new content and experiences, like the MOOD Playlist generator. The company's goal is to continue nurturing artists and delivering high-quality music to audiences worldwide.

Company Stage

M&A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Sony Music UK's recent promotions and appointments, such as Joanna Kalli to Managing Director, indicate strong internal growth and career advancement opportunities.
  • Winning the Sales Team Of The Year at the Music Week Awards highlights the company's excellence and industry recognition.
  • Initiatives like Beyond The Instrument showcase Sony Music's commitment to fostering musical creativity and education, providing employees with a sense of purpose and community impact.

What critics are saying

  • The highly competitive nature of the music industry requires constant innovation and adaptation to stay ahead.
  • Dependence on streaming services for revenue can be risky due to fluctuating market dynamics and changing consumer preferences.

What makes Sony Music Entertainment UK unique

  • Sony Music Entertainment UK leverages its extensive global network and diverse artist roster to maintain a competitive edge in the music industry.
  • The company's innovative initiatives, such as the MOOD Playlist generator, demonstrate its commitment to leveraging technology for enhanced user experiences.
  • Sony Music's ability to adapt to market trends, particularly the rise of digital streaming, sets it apart from traditional music companies.
INACTIVE