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Royalties Analyst

Open On Sunday

Georgia (VT)

Remote

USD 55,000 - 95,000

Full time

3 days ago
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Job summary

A dynamic start-up in the music rights industry is seeking a Royalties Analyst I. This full-time role involves processing quote requests, analyzing music royalty statements, and collaborating with various teams. Ideal candidates will have a passion for music and strong analytical skills. Proximity to Atlanta is preferred but not required.

Qualifications

  • 5+ years of experience in music royalty accounting and/or music royalty audits.
  • Strong proficiency in Excel; experience in data analytics.

Responsibilities

  • Processes quote requests from music rights holders.
  • Ensures successful upload of required documentation into proprietary software.
  • Collaborates with the Product Development Team to improve tools.

Skills

Excel
Data Analysis
Communication

Education

Bachelor's degree in Business, Business Management, Finance, Accounting

Job description

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The Company

Open On Sunday provides purchase and financing options to music rights holders, e.g. artists, producers, songwriters, and record labels. We are a small, nimble, dedicated team of music lovers with aggressive goals to sustain our growth in this dynamic, expanding music rights marketplace.

The Role

Our Royalties Analyst I role processes quote requests from these music rights holders. The right candidate will have excellent excel and analysis skills, formal education & practical experience in accounting/finance, intrinsic motivation to drive activities to completion, and a passion for the music business. This role reviews, understands, and uploads all required statements and documents (music administration agreements, amendments, etc..) into our proprietary software platform for valuing music catalogs from music rights holders. This role works on Open On Sunday’s Investment Team, and directly with our marketing team who brings qualified leads. We are a small, nimble, dedicated team of music lovers with aggressive goals to sustain our growth in this dynamic, expanding music rights marketplace. This role reports to the Chief Operating Officer with oversight from our Investment Analyst.

This is a salaried, full-time position.

Duties

  • Member Quote Creation – In order for Open On Sunday to create an offer for a catalog, new Open On Sunday members must provide source earnings data and related governance agreements. This comes to us via credentials to log into their earnings sources (e.g. BMI, Spotify, YouTube) or their past statements (downloaded by them manually and sent to us). The Royalty Specialist works directly with our Onboarding Managers and directly with rights holders or their representatives -- often a business manager or lawyer -- to receive and manage these required data.
  • Quote Preparation – Once a new member has provided all required documentation, the Royalties Specialist ensures these are successfully uploaded into our proprietary music catalog “pricing engine.” In many cases this requires data reconciliation and manipulation in Excel.
  • Sound Judgement - Additionally, we consider more subjective factors of a catalog such as the online sentiment, e.g. popularity on social media, YouTube views, etc... As a valued team member, the Royalties Specialist provides input on these additional factors to our investment team in our collaborative daily reviews of our quote requests.
  • Product Development - This position has the unique opportunity to work directly with the Product Development Team in improving the tools used to ingest and analyze music catalogs in our quest to perfect the world’s best music IP evaluation tool.

Attributes for Success

  • Understand music royalty accounting and emerging revenues streams
  • Experience in royalty accounting statement analysis, the analysis of large data sets, and using excel for creating pivot tables, trend analyses, etc..
  • Ability to plan and manage multiple projects with varying priorities
  • Communicating with business leadership and external partners
  • Ability to learn new how to work on new software platforms
  • Engage and collaborate in diverse settings of people, perspectives and experiences
  • A sense of urgency, decisiveness, and ability to work well under pressure

Skills for Success

  • Bachelor's degree required in Business, Business Management, Finance, Accounting, or related field
  • 5+ years of experience in music royalty accounting and/or music royalty audits
  • Strong proficiency in Excel; experience in data analytics
  • General Entertainment industry experience
  • Must love music, people, & data.

Location Preferences

We are a start-up located in Atlanta, Georgia.We largely work remotely with quarterly meetings in Atlanta, and plans to open an office in the Atlanta Metropolitan area. Proximity to Atlanta is highly desired, but not required.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Business Development and Sales
  • Industries
    Entertainment

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