Client Description:
Our client is one of the largest music companies in the world that operates in over 60 countries and has a vast catalog of artists across various genres. Focusing on promoting and distributing music from both Romanian and international artists within the Romanian market.
Responsibilities:
Reporting to the Royalty Manager/Financial Director, you will be responsible for:
· Analyzing the artist agreements to extract the relevant financial information.
· Setup the necessary data (import, transfer) in the Carlos Royalty Software.
· Review the accuracy of the Royalty Master Data and the interface with SAP.
· Running all necessary royalty processes for both music (Carlos) and publishing business (PREF).
· Review the accuracy and completeness of the royalty statements.
· Compute and perform the necessary adjustments for the complex agreements (Joint Ventures, Profit Share agreements, Nested deals).
· Perform the transfer of royalty advance amounts and amounts payable to vendors.
· Obtain the necessary documents from the artists (invoices, declarations).
· Maintenance and development of the royalty reporting systems.
· Performance of analytical review of the royalty expenses.
· Performance of quarterly balance sheet accounts reconciliations for the 3rd party royalty payable amount.
· Providing information used by management of the company for decision making (internal customer) as well as preparation of various statements for external users: artists, copyright societies, other record companies (external customer).
· Providing support, as required, to internal auditors, external auditors, corporate finance team and senior management.
· Review that all transactions and process flows are processed in compliance with the company procedures and SOX guidelines.
A mentor will support you to stepwise take over own responsibility.
Candidate Profile:
Minimum required skills & education:
• Minimum of 2 – 3 years of general accounting, auditing or controlling experience
• University degree in business administration / accounting
• Fluent in English (verbally and in writing)
• Experience in financial systems, very good skills in using Microsoft Office Excel
Personal Abilities:
• Excellent analytical skills
• Attention to detail
• Able to work individually as well as part of a team
• Organizational skills
• Ability to communicate with internal and external customers
• Open and flexible to a dynamic changing business environment
