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2.0 - 7.0 years
6 - 12 Lacs
pune
Work from Office
Job Summary: We are seeking a detail-oriented and analytical Royalty Accountant / Analyst to join our finance team. This role is responsible for managing the accurate calculation, recording, and payment of royalties to rights holders, artists, licensors, or other third parties. The ideal candidate has a strong accounting background, experience working with contracts or licensing agreements, and excellent data management skills. Key Responsibilities: Knowledge of copyright law, including mechanical, performance, and synchronization rights Understanding of PROs (Performance Rights Organizations) like ASCAP, BMI, and SESAC Ability to interpret complex legal documents and extract relevant royalty provisions. Calculate Royalties based on sales, streaming, or other revenue streams Ability to digest music industry standard contract terms and publishing agreements to determine royalty obligations Financial Reporting & Reconciliation - Compile, prepare, and analyze monthly, quarterly, and annual financial royalty reports in line with contractual obligations. Reconcile reported revenues and usage data (e.g., sales, streams, downloads) with accounting systems and third-party sources to ensure accuracy. Metadata & Asset Handling (creation, deletion and maintenance) - Create and manage structured metadata for content assets (e.g., titles, artists, rights holders, ISRCs, UPCs, catalog numbers). Project & Product linkage - Ensure accurate linking of royalty data and metadata to specific products, releases, projects, and territories. Royalty Reporting: Prepare and review royalty statements based on contractual terms and sales/usage data. Master Data & Customer Records - Manage and maintain master data records for rights holders, customers, vendors, and partners. Data Management: Maintain and reconcile royalty databases, ensuring accurate tracking of sales, streams, or licensing revenue. Data Quality Control - Perform routine audits and data quality checks to identify and correct inconsistencies in metadata or royalty data. Audit Support: Assist with internal and external audits by providing necessary documentation and explanation of royalty processes. Reporting & Dashboards - Provide stakeholders with self-serve access to key metrics through interactive reports and scheduled data exports. Requirements: Bachelors degree in Accounting, Finance, or related field. 2- 10 years of experience in the area of royalty contracts, with the ability to review them and extract relevant royalty provisions Strong knowledge of accounting principles and financial reporting. Advanced Excel skills Exceptional attention to detail and ability to manage large datasets. Strong analytical, organizational, and communication skills.
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