Senior Manager, Royalty Accounting & Operations at Create Music Group | CA, US | Rezi

Senior Manager, Royalty Accounting & Operations at Create Music Group

Senior Manager, Royalty Accounting & Operations

Create Music Group · CA, US

Today

Senior Manager, Royalty Accounting & Operations

Create Music Group · CA, US

10 hours ago
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About the Role

Create Music Group's catalog grows by acquisition several times a year, and every acquisition arrives as more statements, more payors, and more reconciliation. The Senior Manager, Royalty Accounting & Operations owns the accuracy and the throughput of that machine. You will be the technical authority on how revenue moves from a payor statement into Label Engine and out to a client statement. You are the person the royalty managers escalate to when a reconciliation does not tie. And you are the person who replaces manual processing with automated ingestion so the function scales without scaling headcount. This role will partner daily with Finance, A&R, and Data Engineering, and you will have real authority to stop work that is not right.

Responsibilities

  • Own reconciliation across all revenue sources - statement vs. summary vs. cash receipt. Set the standard the team reconciles to, and resolve the variances that do not tie.
  • Manage the Royalties Manager and the Royalties Administration Manager. Set the technical standard the teams work to, and serve as first-line technical authority on calculation, allocation, withholding, and recoupment questions those managers cannot resolve.
  • Own the tracking and ingestion of incoming Letters of Direction (LODs) end to end: master tracker, ingestion format per payor, cash reconciliation, and withholding correctness.
  • Own statement ingestion automation and workflow optimization. Expand automated ingestion to the highest-volume and most convoluted sources, and retire manual handling.
  • Set, publish, and hold the operational KPIs for ingestion throughput and backlog burn-down. Report progress monthly to the Director, and co-present quarterly progress to the SVP alongside the Director
  • Partner with Data Engineering and Analytics to move statement ingestion, matching, and reporting off spreadsheets. Act as the royalty domain owner for the statement and calculation modules of the company's next-generation platform: define requirements, write acceptance criteria, and work with product and engineering through delivery.
  • Collaborate with Finance on deal-level performance reporting. Supply the royalty data and process interpretation that ties operational reality to deal economics.
  • Perform statement and payor analysis on incoming acquisitions during diligence, not after close. Identify errors and revenue-integration risks in transaction documentation before they become configuration problems.
  • Build the Royalty Readiness Assessment for every acquisition and issue a formal recommendation to accept or refuse the post-close handoff packet.
  • Manage, mentor, and develop the team - royalty depth on the administration side, analytical range on the statements side - and document knowledge that currently lives in individual heads.
  • Other duties as assigned

Requirements

  • Bachelor's degree in accounting, finance, business, music business, or information systems, or an equivalent combination of education and experience; in lieu of a degree, 5+ years of demonstrated experience in the music business will be considered
  • 4+ years in music royalty operations, royalty accounting, or income tracking at a label, publisher, distributor, or royalty administrator, including owning a full statement cycle end to end
  • 2+ years of people management experience, ideally including managing other managers, or clearly ready to step into that
  • Direct, hands-on experience processing royalty statements at volume.
  • Deep working knowledge of inbound royalty statement processing: locating, ingesting, templating, matching, and validating statements from DSPs, distributors, PROs, licensees, and similar sources
  • Reconciliation discipline across sources - statement detail to summary to cash received.
  • Strong command of core royalty accounting concepts: advances and recoupment, splits, reserves, accruals, withholding, and FX.
  • Able to read a contract or deal memo and trace how its terms should show up in a calculation
  • Working knowledge of at least one enterprise royalty platform (Label Engine, Curve, Vistex Music Maestro or Record Maestro, Counterpoint, SR1, or a comparable in-house system), and the ability to learn new ones quickly
  • Advanced Excel or Google Sheets capability: pivot tables, lookups, SUMIFS, data validation, and confident handling of high-volume data across many files
  • Experience acting as the escalation point for other royalty staff.
  • Excellent written and verbal communication, including explaining a royalty outcome to a non-royalty audience
  • Organized and accurate under close-cycle deadlines
  • Working knowledge of SQL against a cloud data warehouse: able to run and adapt a query to pull or sanity-check royalty data.
  • Experience administering a Letter of Direction program in a high-volume acquisition environment: cataloging and documenting new and historical LODs, creating and managing ingestion templates, cross-team coordination with AR and M&A, statement access management and administration
  • Experience automating statement ingestion in any form: Power Query, Access, Python, or vendor import tooling
  • Experience analyzing statements or payor mixes for an acquisition or catalog onboarding
  • Familiarity with DDEX or DSR reporting standards
  • Experience with BI or reporting tools such as Sigma, Looker, Tableau, or Power BI
  • Background at a major label, large independent, or distributor

Skills

  • Excel
  • Google Sheets
  • SQL
  • Power Query
  • Access
  • Python
  • Sigma
  • Looker
  • Tableau
  • Power BI

Experience Level

  • Senior
  • 4+ years in music royalty operations, royalty accounting, or income tracking
  • 2+ years of people management experience

Education Level

  • Bachelor's degree in accounting, finance, business, music business, or information systems
  • Equivalent combination of education and experience
  • 5+ years of demonstrated experience in the music business

Salary/Compensations

  • $90,000 - $120,000 USD per year

Equal Opportunity

  • In accordance with the Los Angeles County Fair Chance Ordinance, we will consider employment for qualified applicants with criminal histories. We evaluate candidates based on their qualifications and the nature of the offense in relation to the job for which they are applying.