Royalty Analyst Job Description
Royalty analyst
provides back-up support for query development, data analysis and report development with all available software (i.e Microsoft Access, Microsoft Excel, Cognos, EFADS).
Royalty Analyst Duties & Responsibilities
To write an effective royalty analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included royalty analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Advanced Excel and experience of MS Access
Responsible for being the first point of contact for Analysts to provide guidance in processing royalties for the U.S. and Canada, and escalating issues to Sr
Reads and understands digests/abstracts, legal agreements and other related written correspondence
Verify data in reporting systems
Attends department and WB training as needed
Calculate royalty accruals and variance analysis for month end closing
Developing and executing audit programs
Running engagements
Preparing examination reports
Interfacing with the auditee and client representatives
Royalty Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Royalty Analyst
List any licenses or certifications required by the position: US, CAPLA
Education for Royalty Analyst
Typically a job would require a certain level of education.
Employers hiring for the royalty analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Business, Business/Administration, Mathematics, Computer Science, Education, Information Systems, Business/Accounting, Statistics
Skills for Royalty Analyst
Desired skills for royalty analyst include:
Microsoft Excel
Microsoft suite of products
One Note
With expertise in Excel
Access
Especially Excel
Excel
Microsoft Office applications
P.C
Finance and accounting processes
Desired experience for royalty analyst includes:
Must be willing to travel on occasion as needed
Candidate must possess working knowledge of [ of the legacy royalty systems previously used by WMG’s major U.S. labels (e.g., Atlantic Records, Warner Bros
Organization and manipulation of electronic data
Maintenance and organization of files
Drafting report schedules and text
Summarization of contracts
Royalty Analyst Examples
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Royalty Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of royalty analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for royalty analyst
- Maintain a log of the synch and licensing income for business and financial related queries
- Prepare WMUK broadcast fee accruals and annual processing of revenue receivables including variance analysis by label and onward reporting of MUR liabilities
- Review and analyse WMUK licensing income/cost accruals and final reconciliations on processing of actuals
- Assist with the analysis of the PLG WARS accrual during month end
- Assist with the preparation of the Central Classics royalty cost accruals and balance sheet reconciliations
- Assist with the Central Classics royalties cost and recoveries liquidation process after each royalty run
- Maintain the accuracy of the GFS/WARS Interface system
- Prepare and take ownership of specific royalty balance sheet reconciliations
- Assist with specific aspects of the royalty cost and recoveries liquidation process after each royalty statement run
- Monitor and track the earnings on licensing advances
Qualifications for royalty analyst
- 3+ years of Royalty Audit or Processing experience
- Prior royalties experience a plus
- CIMA / ACCA part-qualified or relevant degree
- High level relevant experience
- Flexible attitude towards working hours around Finance deadlines
- A-level and above
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Royalty Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a royalty analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for royalty analyst
- First point of contact with regards to affiliate / studio queries for the respective territory
- Provide affiliate with timely & accurate title avail list(s) / financial details to ensure invoices can be verified and paid in a timely manner
- Assist in the resolution of any affiliate / studio payment enquiries / issues
- Issue Expired Titles and Performance reports
- Resolve any data / reporting issues in a timely manner
- Track & monitor “Contract Exceptions” for respective territory / studios
- Contract evaluation at the end of each output year
- Provide assistance to Head of Royalty Reporting with ad hoc data analysis requests from management
- Test new content management system and maintain several overviews relating to this project
- Ad-hoc reports / administration as directed by Head of Royalty Reporting
Qualifications for royalty analyst
- Experience with royalties, participations or residuals a plus
- Publishing or entertainment industry related experience a plus
- Pursuing or completed CAPPA Certificate Program
- Pursuing a Bachelor’s degree in Commerce or Management majoring in Accounting or Finance
- Must be efficient and well organized
- Ability to manage multiple tasks and work within tight deadlines
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Royalty Analyst Job Description
Job Description Example
Our growing company is looking for a royalty analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for royalty analyst
- Assist the Group’s employees with various other administrative tasks and special projects, as needed
- Manage receipt of royalty reports from customers (approx 500/quarter)
- Book sales orders for royalty reports validating T&C’s and pricing against legal agreements
- Manage/track customer pre-payments against submitted royalty reports (draw-downs)
- Interface with revenue team for quarter-end accruals and/or revenue recognition issues
- Interface with Ireland accounting team regarding cross region sales credits
- Adherence to Sarbanes Oxley controls
- Taking receipt of raw data from administration systems and analyzing against reporting database
- Work closely with CARM to ensure all changes are fully understood
- Processing payments and making sure they reflect royalties due
Qualifications for royalty analyst
- Motivation to achieve and exceed superior results
- Strong obligation to accountability
- Innovative with “can do” attitude
- Values feedback as a learning tool
- Ability to collaborate without boundaries and align with a team to achieve highest quality results
- Diligent with a focus on attention to detail
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Royalty Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a royalty analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for royalty analyst
- Understand and solve not always well-defined problems and come up with relevant answers to guide our business decisions
- Maintain and develop Royalty processes and systems implementing deals and ensuring that rightsholders get correct data in time
- Reading the artist, producer, and/or third party contract to obtain relevant information
- Interpreting the contractual clauses related to the royalty obligation (with the assistance of the supervisor or manager)
- Understanding the legal definitions of terms used within the contracts or related documents (with the assistance of the supervisor or manager)
- Coordinating with Label’s legal and business affairs staff to obtain missing information
- Setting up and maintaining contractual information within the royalty system
- Ensuring that all relevant exploitations methods are identified and the appropriate royalty rate is assigned
- Ensuring that escalation counters are set to properly count relevant sales
- Running sales query and reviewing results with Supervisor or Manager
Qualifications for royalty analyst
- Previous accounting, audit or financial related experience a plus
- A precise and problem-solving attitude
- Educated to “MBO” level
- Industry knowledge an advantage
- Royalty Report analysis to validate the reported information and ensure compliance with contractual terms
- Negotiate with licensees to correct non-compliance
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Royalty Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of royalty analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for royalty analyst
- Monitoring sales files on a daily basis for activity related to assigned artists
- Reviewing pending sales transactions
- Ensuring all royalty participants are set up correctly (Appropriate Name, Address and Tax Information is established in order to ensure the proper payment and reporting)
- Preparing the appropriate accounting statements as contractually required
- Reviewing sales and costs to ensure they are accurately stated
- Coordinating the statement review with the appropriate label personnel
- Confirming that checks are received and matched to all payable statements
- Obtaining Supervisor or appropriate approval before payment is released
- Researching all inquiries related to assigned accounts
- Providing supervisor with status reports regarding the assigned artist accounts
Qualifications for royalty analyst
- Minimum 2+ years' experience with integrated automated systems
- Communicate with licensees to understand their issues in reporting royalties
- Communicate royalty reporting issues to internal teams to disseminate critical information and expedite resolution
- Ability to consolidate complex sets of data into logical groups to facilitate analysis and share summarized information with internal teams
- Experience working with intellectual property license agreements and contract compliance
- Experience negotiating and resolving disputed issues