Royalty Administrator

Tuff City Records; New York (NY); On-site; USD 43,000 - 50,000; Part time

Job summary

TUFAMERICA, INC. in New York, NY is seeking a part-time Royalty Administrator to manage royalty processing and financial analysis for our music catalog.

You will oversee invoicing and collections, monitor contracts, and prepare reports for internal stakeholders and external partners, ensuring accuracy and timely payments. A finance or accounting background with knowledge of music business income streams and strong Excel skills is required.

Qualifications

• Finance or accounting degree preferred with strong numerical skills.
• Knowledge of music industry income streams and royalty calculations.
• Ability to analyze financial data and create reports.
• Meticulous review of contracts and financial terms.

Responsibilities

• Royalty management: implement and maintain royalty processing systems for accurate reporting and timely payments.
• Financial analysis: assess licensing agreements and royalty statements for performance insights.
• Accounts receivable oversight: manage invoicing and collections with precise recording.
• Contract compliance: monitor and audit contracts to ensure financial term compliance.

Skills

Financial Analysis

Attention to Detail

Communication Skills

Music Industry Knowledge

Invoicing/Accounts Receivable

Education

Finance or Accounting Degree

Tools

Microsoft Excel

Royalty Accounting Software

Job description

TUFAMERICA, INC. Royalty Administrator New York, NY Part time

We are looking for a detail-oriented and financially adept professional to manage our royalty processing and financial analysis. This role is crucial for the success of our licensing agreements and revenue management from our extensive music catalog.

About TUFAMERICA, INC.

Tuff City Records is an independent record label in midtown Manhattan. Tuff City Records is a 40-year veteran company with an extensive master catalog of R&B, Rap, Funk and Jazz spanning 60 years.

DESCRIPTION

ABOUT THE ROLE

We are looking for a detail-oriented and financially adept professional to manage our royalty processing and financial analysis. This role is crucial for the success of our licensing agreements and revenue management from our extensive music catalog.

RESPONSIBILITIES

• Royalty Management: Implement and maintain comprehensive royalty processing systems to ensure accurate reporting and timely payments.
• Financial Analysis: Analyze licensing agreements and royalty statements to assess financial performance and identify revenue opportunities.
• Accounts Receivable Oversight: Manage invoicing and collections, ensuring that all payments are accurately processed and recorded.
• Contract Compliance: Monitor and audit contracts to ensure compliance with financial terms and obligations.

REQUIREMENTS

• Finance or Accounting Degree: Strong preference for candidates with a background in finance, accounting, or a related field.
• Music Business Income Streams: Must have a command of the range of music business income streams and how royalties are calculated.
• Analytical Skills: Ability to perform financial calculations and create reports.
• Attention to Detail: Must be meticulous with contractual and financial details.
• Communication Skills: Excellent written and verbal communication skills are essential.
• Software Proficiency: Experience with royalty accounting software and Microsoft Excel.
• Stakeholder Reporting: Prepare detailed reports for internal stakeholders and external partners, providing insights into financial trends and royalty metrics.

DETAILS

Compensation: $31 – $36 per hour

Schedule: To be defined per engagement

Location: On site, Midtown West, New York City