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Cinq Music Royalty Manager (LA)

Posted: Oct 08, 2018

Cinq Music Group is looking for a full time Royalty Manager in our Los Angeles Office

Schedule: Full Time Employee with 90 Day Probationary Period. After 90 period you will be eligible for benefits including: Health Insurance, 401K & more.

Location: Playa Vista, CA

Pay: $70,000 - $120,000 annual salary

 

ABOUT US

 Cinq Music is a Grammy winning independent record label, music distribution, and rights management company. From rights management to brand management, our company provides a wide range of services for our clients -- using technology as the foundation, we are focused on finding innovative new ways to market and monetize every available revenue stream to maximize its value.

 

JOB DESCRIPTION

  • Oversee all aspects of distribution, label, and music publishing royalty process.
  • Distribution partners, JV labels, artists, producers, side artists, overrides, samples, audio and video DSP’s, mechanicals, A/V (music video), co-publishers, songwriters.
  • Ensure prompt and accurate processing/reporting of both royalty accounts payable and receivable.
  • Analyze and brief DSP, distribution, recording/artist, producer, music publishing and other royalty contracts and enter royalty provisions into our royalty systems
  • Interpret royalty agreements, understanding the terms, conditions and calculations necessary for proper, timely and correct statements.
  • Manage the onboarding of royalty accounts for new clients.
  • Track royalty data entry, royalty data clean up, recoupable advance/expenses, account analysis and reconciliation.  Accounts receivable payment and accuracy tracking.
  • Support month/quarter end reconciliation of royalty accounts.
  • Research, analysis and reconciliation of payable and receivable accounts.
  • Work closely with finance team to ensure and enforce best practices on matching, reporting systems, royalty flow and data transparency.
  • Ensure and coordinate accurate & timely royalty payments.
  • Prepare royalty balance reports and payment request for Finance/AP.
  • Interface with Finance, A&R (Creative and Admin), Legal and Business Affairs, and Licensing.
  • Lead development of proprietary/internal royalty systems as the subject matter expert. Must have experience with royalty system analysis and development.
  • Experience with Korrect Royalty Software and Vistex/Counterpoint Record and Music Maestro.
  • Respond to statement related client inquiries in a timely manner.
  • Prepare revenue evaluations as part of Catalog/Asset Acquisition team, and other ad-hoc analysis/reporting as requested.
  • Manage team of local and off shore resources.  Must have experience and comfort level with remote team management.
  • Report department metrics and status of work to Management.  Continuously improve revenue and royalty processes.
  • Correspond with DSP’s, labels, managers, artists, publishers, accountants, third parties on all royalty related matters.  Build strategic industry relationships.
  • Manage copyright and document registration.
  • Maintain highly detailed and organized files.

·        This position is a direct report to the GM, with a dotted line to the CFO.

 

REQUIREMENTS

  • Bachelor’s Degree or equivalent experience
  • 3-5 years related work experience
  • Strong proficiency in Microsoft Office (Excel, Word, PowerPoint, Access), Google Docs (Docs, Sheets), SQL.
  • Deep knowledge of label and publishing royalties, databases, processes and technologies.
  • Tech-Savvy with strong computer skills.  Experience with Korrect Royalty Software and Vistex/Counterpoint Record and Music Maestro.
  • Strong communication skills.  Fluent spoken and written English.  Fluency in Spanish is a big plus.

 

If you are interested in the position send your resume to employment@cinqmusic.com.

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