Senior Intercompany Royalty Analyst

Warner Music INC, City of Westminster

Senior Intercompany Royalty Analyst

Salary Not Specified

Warner Music INC, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 7 Nov | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 9e15fbb6385941fbb363b99a82762a6f

Full Job Description

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. Your role: This role you will be working with the Intercompany Royalty Manager to assist with the current MUR process; analysing transactional and financial data reported by WMG affiliates and licensees to ensure onward accounting through the MUR system is completed accurately. Here you'll get to:

  • Monitor 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 suspended transactions, learning about the various types of validation and how to clear errors
  • Liaise with Product Data Management to ensure correct income allocation
  • Create queries and reports using Business Objects and Microsoft Excel and present the results in a clear and meaningful manner
  • Work closely with the International Finance team to book MUR monthly transfer amounts
  • Maintain and improve the manual reporting templates on Microsoft Excel which are used for any off-system sales reporting
  • Become the first point of contact for WMG affiliates, answering queries and assisting with any questions they might have..
  • Support the Intercompany Royalty Manager with ad-hoc queries.

    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

    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., 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.