Royalty Statements Manager

ITV Consumer Limited 2024; Manchester; On-site; GBP 50,000 - 70,000; Full time

Job summary

A prominent media organization in Manchester seeks an experienced Royalty Statements Manager to manage a team of 9. This role involves overseeing the complete royalty reporting process, ensuring accuracy in calculations and compliance with contracts. The right candidate will have substantial knowledge of royalty payment structures, along with advanced Excel capabilities. The position offers a 12-month fixed-term contract with several employee benefits including a generous holiday allowance and annual bonus opportunity.

Benefits

Generous holiday allowance

Annual bonus opportunity

Competitive pension contribution

Stock purchase opportunities

Wellbeing and volunteering days

Qualifications

• Experience preparing and issuing end-to-end royalty statements in a relevant environment.
• Minimum of 2 years' experience managing a team.
• Ability to manage multiple reporting cycles and meet tight deadlines.

Responsibilities

• Review and approve royalty statements based on contract terms and usage data.
• Investigate discrepancies and resolve issues with teams or contributors.
• Identify process improvements to streamline reporting and statement accuracy.

Skills

Advanced Excel / Google Sheets

Understanding of royalty payment processes

Team management

Investigating discrepancies

Professional communication

Tools

Rightsline

Alliant

Job description

Overview

The team.. ITV distributes both our own ITV Studios produced and acquired programmes and formats worldwide. The Royalty Payments team is responsible for reporting to producers, broadcasters, other stakeholders and contributors for their shares of the profit that is generated from these sales. The team is part of central Finance Operations and provides support to ITV's content distribution arm, Global Partnerships. The Royalty Payments team also collaborates closely with colleagues in Talent Payments, Rights, Business Affairs and Finance., We are seeking an experienced Royalty Statements Manager to join us on a 12-month fixed-term contract to cover the period during which the current Manager is working on the integration of new Rightsline and Alliant systems. You will be responsible for managing a team of 9 people and support the end-to-end process of royalty reporting, ensuring accurate calculations, timely statement delivery, and compliance with contractual terms. This role works closely with finance, legal, licensing, and external partners to maintain transparent and reliable royalty accounting, and closely with the project team who will integrate the new system into the BAU team. Some of your key day-to-day responsibilities will include:

Responsibilities

• Review and approve royalty statements based on contract terms, usage data, and sales reports.
• Review and interpret licensing, publishing, or distribution agreements to ensure accurate royalty calculations are transacted by the team.
• Collect, validate, and reconcile usage data (e.g., sales reports, streaming data, third-party statements).
• Investigate discrepancies and resolve issues with internal teams or external suppliers/contributors.
• Maintain royalty schedules and databases, ensuring all information is accurate and up to date for the team to meet month-end deadlines.
• Be an escalation point for queries from talent, agents, partners, or internal teams regarding royalty calculations and statements.
• Assist with audits, providing supporting documentation and explanations as needed.
• Identify process improvements to streamline reporting, data handling, and statement accuracy.
• Ensure compliance with organisational policies, contract obligations, and standards.

Qualifications

• Demonstrable experience preparing and issuing end-to-end royalty statements within a royalty accounting, finance, licensing, publishing or distribution environment
• Advanced Excel / Google Sheets capability, including use of formulas, lookups, pivot tables and handling large, complex datasets
• Proven understanding of royalty payment processes and structures (e.g. revenue share, licensing fees, advances, recoupment, residuals)
• Experience interpreting contracts or legal agreements to support accurate royalty calculations and reporting
• Minimum of 2 years' experience managing a team
• Ability to set clear objectives, provide direction, and follow up to ensure targets are achieved
• Demonstrated capability to support and develop team members through effective motivation and communication
• Confidence investigating discrepancies, reconciling data, and resolving complex royalty queries with internal teams and external partners
• Ability to manage multiple reporting cycles and work to tight month-end deadlines in a high-volume environment
• Clear and professional communication style when responding to queries from talent, agents, suppliers and stakeholders
• Collaborative approach, with ability to work effectively across finance, legal, licensing and external partners
• Comfortable working with royalty systems or ERP tools (e.g. Rightsline, Alliant), or able to quickly adapt to new systems

Benefits

• Generous holiday allowance, plus you can buy more
• Annual bonus opportunity
• Competitive pension contribution
• Save as you earn - with an opportunity to buy ITV shares
• Wellbeing and volunteering days plus a wide range of opportunities to help you live a balanced and healthy life