Royalty Finance Specialist, 12m FTC

Penguin Random House; London; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player seeks a Royalty Finance Specialist to join their Finance Project team. This role involves ensuring the accuracy and completeness of royalty-related data across multiple platforms, particularly SAP. You will develop data cleaning strategies, validate balances, and collaborate with cross-functional teams to enhance finance processes. If you are passionate about quality financial information in the music industry and have a keen eye for detail, this is a fantastic opportunity to contribute to a key strategic project in a dynamic and inclusive environment.

Benefits

25 days annual leave

Flexible working opportunities

Subsidised gym membership

Private Health Insurance

6 months fully paid parental leave

Annual gig allowance

Artist showcases

Cycle to work scheme

Season Ticket Loan

Workplace Nursery Scheme

Qualifications

• Experience in music accounting and royalty finance processes.
• Proven skills in data management and cleansing, ideally in music.

Responsibilities

• Develop strategy for data cleaning of historic royalty balances in SAP.
• Review and validate royalty balances, ensuring accuracy and consistency.

Skills

Music Accounting

Data Management

Data Cleansing

Reconciliation Skills

Attention to Detail

Microsoft Excel

Education

Qualified Accountant

Tools

SAP

Microsoft Excel

Job description

As the great Kurt Cobain* once said, “Come as you are.” BMG is committed to providing equal employment opportunities and we celebrate diversity in all forms. Equal opportunity runs deep in our core value of fairness and we are determined to create a truly inclusive work environment, where everyone can flourish. If you’re good at what you do, come as you are.

All applicants to BMG will receive equal treatment regardless ofage, disability, gender identity or expression, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation. *BMG is the proud representative of Kurt Cobain’s publishing catalogue, including the 1992 single ‘Come As You Are’

Royalty Finance Specialist- Finance / Royalties Project - 12m FTC

Join our Finance Project team to assist with the delivery of a key strategic, Global Board sponsored project. In this role, you will be responsible for ensuring the accuracy, consistency and completeness of royalty-related data across multiple platforms with particular attention to SAP. This is an excellent opportunity for an accountant, passionate about quality financial information in the music industry, who is ready to contribute to the evolution of our royalties and finance processes.

Key Responsibilities

• Data Cleaning and Migration Strategy: Develop strategy and approach to data cleaning of historic royalty balances held in SAP in order that they reconcile with the royalty ledger.
• Data Validation and Cleansing: Review, reconcile and validate royalty balances held in SAP, ensuring all information is accurate, consistent, and free of errors. This includes checking recoupable costs, royalty earnings, artist details, and contract information.
• Data Correction: Identify and resolve discrepancies in royalty data between systems. Collaborate with internal teams specifically Royalties Team to address issues as needed.
• Data Migration and Integration: Assist in the migration of royalty data in SAP and between systems, ensuring proper data formatting and alignment with royalty systems and in line with project strategy.
• Reporting and Documentation: Prepare reports for the Project Manager to update on progress of data cleansing and migration. Maintain detailed records of data-cleansing activities for auditing and reference purposes.
• Collaboration with Cross-Functional Teams: Work closely with the royalty, Finance, SAP and Technology teams to ensure data is properly integrated and royalty balances are accurate and also with external Project Management Consultants.
• Process Improvement and Automation: Identify opportunities to streamline data cleansing processes through automation and AI, enhance data accuracy, and reduce errors in royalty balances.
• Additional: Take part in E2E testing of key systems post migration to ensure accuracy and assist in any reconciliation activity.

Your Profile

• Proven experience in music accounting ideally Recorded Music, A&R accounting and royalty finance processes.
• Proven experience in data management or data cleansing, preferably in the music industry or other royalty-based industries.
• Familiarity with music royalty systems is highly desirable.
• Understanding of music publishing and / or recording contracts.
• Microsoft Excel (pivot tables, formulas, data manipulation) is required.
• Proficiency in SAP preferable but not a pre-requisite
• Strong reconciliation skills required
• Attention to Detail: Exceptional ability to spot discrepancies, ensure data consistency, and maintain a high level of accuracy.

Preferred Qualifications: Qualified Accountant

Now, what's in it for you?

• 25 days pro-rated annual leave, plus 3 days between Christmas & New Year and an extra day for your birthday!
• Flexible working opportunities.
• Subsidised gym membership.
• Private Health Insurance.
• All parents, regardless of gender or sexual orientation, will receive 6 months of fully paid parental leave.
• Annual gig allowance.
• Artist showcases.
• Cycle to work scheme.
• Season Ticket Loan
• Workplace Nursery Scheme
• Access to our Employee Assistance Programme.
• Give As You Earn Scheme.
• A fun and sociable office environment.

Are you interested?Follow the link to apply!

Founded in 2008, BMG reimagined the relationship between music companies, songwriters, and artists by offering fairer contracts, greater creative freedom, and unparalleled transparency in royalties and licensing. Now the fourth-largest music company in the world, BMG combines human creativity with cutting-edge technology to connect music with global audiences.

With 20 offices across 13 key markets, BMG represents more than three million songs and recordings, including some of the most iconic catalogs and works from leading artists and songwriters such as The Rolling Stones, Tina Turner, George Harrison, Blondie, and more. BMG is wholly owned and privately held by the international media, services, and education company Bertelsmann, whose other content businesses include the entertainment company RTL Group and the trade book publisher Penguin Random House.

As a Disability Confident Committed organisation, we are dedicated to ensuring that candidates with disabilities are given a fair opportunity to demonstrate their abilities. Therefore, we guarantee an interview to applicants with disabilities who meet the essential criteria for the role. Please note – there may be exceptional circumstances where the volume of applicants means we cannot interview all eligible candidates. If you have any questions about the Guaranteed Interview Scheme or would like to confirm your eligibility, please reach out to us at [e-mail] .

Country:United Kingdom

State/Region:London

City: London

Postal Code:SW1V 2SA

Job ID: 279384

Date: 22 Apr 2025

Location:

London, UKM, GB, SW1V 2SA

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