Intercompany Royalty Specialist
Job Description
At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses:
- Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
- Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.
- Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
- Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career.
We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.
Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent.
Job Title: Intercompany Royalty Specialist
A little bit about our team:
MUR stands for Master Use Royalties, and is the name given to the intercompany transfer of money and transactional data between Warner Music Group (WMG) companies. Every month the Intercompany Royalty (MUR) team receive sales reporting from WMG affiliates and partners from around the world. Streams, downloads, physical, syncs, performance, neighbouring rights and D2C reporting all pass through MUR.
The MUR system ensures that the reporting entity is billed at the correct intercompany rate and the owning company is paid accurately, with the accompanying transactional data provided as backup.
We are currently in a transitional phase where we are moving our global systems into a new business solution.
Your role
This role is predominantly working with the Senior Intercompany Royalty Manager to integrate the current MUR process into our new business solution. You will be working with the Finance Transformation Team as well and the MUR Team to help ensure processes are correct and that the downstream flows are accurate.
Here you’ll get to
- Maintain cross-reference tables that drive revenue allocation, royalty interfaces and management reporting
- Oversee all types of sales reporting across WMG and ensure they’re picking up the correct intercompany rates
- Gain an in-depth knowledge of the WMG sales flow from point of sale to onward accounting to downstream systems
- Take ownership of suspense across ingestion, allocation and interfaces, learning about the various types of validation and how to clear errors
- Work with product and project master data teams to ensure that source data is accurate
- Assist product and project master data teams in the set up of ancillary and intangible products
About you
- Problem solver
- Strong analytical background
- Ability to prioritise efficiently
- Experience in a financial environment
- Good communication skills
- Strong Microsoft Excel skills
We’d love it if you also had:
- Experience in music finance or royalties
- Experience of Business Objects or similar query builders
- Experience with SAP
About us
As the home to Asylum, Atlantic, East West, Elektra, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide.
Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels.
Together, we are Warner Music Group: Music With Vision & Voice.
Love this job and want to apply?
Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.
Thanks for your interest in working for WMG. We love it here, and think you will, too.
WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law.