What are the responsibilities and job description for the Senior Manager, Royalty Accounting position at Concord?
Concord is the independent, worldwide leader in the development, management and acquisition of sound recordings, music publishing, theatrical performance rights and narrative content.
Headquartered in Nashville with additional offices in Los Angeles, New York, London, Berlin, Melbourne and Miami, Concord also has staff in Auckland, Sydney, Tokyo and Toronto. The Company’s catalog consists of more than 1 million songs, composed works, plays, musicals and active recordings which are licensed in virtually every country and territory worldwide.
As the Senior Manager,Royalty Accounting will be responsible for managing the full royalty accounting process including royalty accrual and reconciliations.In addition, this position will work closely with the VP of Accounting to help in planning and managing the activities of the Accounting Department with respect to royalty accounting, maintaining adequate internal controls, compliance with GAAP and other regulatory requirements and accounting processes.
What you'll do:
- Month end close process including calculating and recording royalty accruals
- Liaison between Royalty department and Finance to ensure proper Mechanical, Artist, JV, and P&D accruals and true up adjustments
- Maintain monthly balance sheet roll forward schedules
- Research and resolve identified issues
- Supervise and train royalty accounting team to ensure deadlines are met in a timely manner
- Communicate results to clients and answer any inquiries, while maintaining an ongoing professional relationship
- Produce royalty ad hoc reports
- Assist in establishing short- and long-term departmental goals, objectives, policies, and operating procedures
- Assist VP of Accounting in designing, establishing and maintaining an organizational structure to effectively accomplish the department goals and objectives
- Build relationships and partnerships across departments to thoroughly understand how all the pieces fit together, how information is used and can be used by various functions within the business
- Other general accounting tasks as needed
What you’ll need:
- Undergraduate and/or graduate degree specializing in Accounting and/or Finance with 5 years relevant experience, or the equivalent combination of education and experience.
- Knowledge of royalty accounting
- Excellent general ledger accounting, reconciliation and analytical skill
- Intermediate to Advanced knowledge of Microsoft Excel
- Outstanding communication and organization skills
- Well-developed presentation skills
- Able to handle multiple projects and deliverables simultaneously
- Prior entertainment experience preferred.
- General agreement and acceptance of the Company’s core values
*This is a hybrid role requiring 3 days minimum on-site.
At Concord, we offer comprehensive medical and wellness benefits, generous time off, parental leave, charity match, paid time off for volunteering, and other fun company perks. We have beautiful new offices and a culture committed to supporting everyone’s growth and development.
Concord is an equal opportunity employer. We employ, train, compensate and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. We believe that diversity, inclusion and equity is paramount for the creation of music, theater and film that celebrates and empowers all cultures.
