Royalty Analyst Resume Sample
Work Experience
- Process sales from licensee royalty statements
- Set up foreign release in accordance with contracts
- Review work done by Royalty Clerks
- Build custom Excel Macro
- Maintain database of budgets and expenditures and oversee accounting schedules
- Analyse and brief artist contracts for royalty obligations
- Process and set up artist product in accordance with artist contracts
- Review and administer royalty statements
- Monthly review of detailed royalty revenue and expense reports
- Create and maintain detailed management reports (i.e. artist profiles)
- Process and set up artist releases in accordance with artist contracts
- Set up domestic releases in accordance with Inter Company License Agreement
- Analyze monthly Top Seller reports for Month-End
- Liaise with Royalty teams in foreign countries
- Prepare, analyze and process Vendor Maintenance paperwork for Artist / Copyright Royalties
- Make changes to royalty system based on correspondence received from various sources
- Correspondence with various artists, royalty managers, and attorneys
- Process returned payments/checks
- Research and respond to internal and external inquires
- Research and confirm Tax ID information using IRS database
- Assist with royalty statement portal when required
- Provide audit support for incoming artist and copyright audit claims
- Gather and provide reports and documents to external auditors to support the audit process
- Analyze audit claims and confirm auditor’s calculations
Education
Professional Skills
- Strong interpersonal skills – able to communicate well with a broad spectrum of international and domestic clients, attorneys, brand managers and co-workers
- Detail oriented individual with strong organizational and leadership skills
- Problem Solving, organization and time management skills
- Accurate typing skills - 45 – 55 words a minute
- Financial planning analysis (go-to-market experience preferable) or experience at a top investment bank desirable
- Accounting and/or finance experience in the entertainment industry
- Experience in clarifying and interpreting ambiguous royalty contract terms
How to write Royalty Analyst Resume
Royalty Analyst role is responsible for word, microsoft, powerpoint, computer, access, application, excel, research, finance, credit.
To write great resume for royalty analyst job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Royalty Analyst Resume
The section contact information is important in your royalty analyst resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Royalty Analyst Resume
The section work experience is an essential part of your royalty analyst resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous royalty analyst responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular royalty analyst position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Royalty Analyst resume experience can include:
- Film television contract compliance/royalty auditing experience
- Financial planning & analysis (go-to-market experience preferable)
- Experience with recording contracts
- Preferably 2 years of experience in Royalty accounting or related area
- Review artist contracts, copyright licenses, correspondence, statements, reports and other pertinent documents to determine validity of claims
- Proven ability to understand and interpret contractual payment terms
Education on a Royalty Analyst Resume
Make sure to make education a priority on your royalty analyst resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your royalty analyst experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Royalty Analyst Resume
When listing skills on your royalty analyst resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical royalty analyst skills:
- Effectively interact, verbally and in writing
- Demonstrated ability to build and deliver effective presentations to audiences with wide-ranging backgrounds
- Be a part of designing IT solutions that enable operational excellence and systematic validations
- G/L accounting experience like journal entries and account reconciliation
- Preferably 2 years experience in Royalty accounting or related area
- Sales analysis & reporting experience
List of Typical Experience For a Royalty Analyst Resume
Experience For Senior Royalty Analyst Resume
- Assist in the preparation of responses
- Resolve a high volume of queries from customers, agents and colleagues in a professional and timely manner
- Conduct film and television profit participation/contract compliance examinations on behalf of entertainment clients and other distribution rights holders
- Draft report schedules and summarization of contracts
- Serve as the Group’s primary SAP Account Maintenance Administrator
- Create and edit artist accounts in SAP as requested by the Group’s staff from time-to-time
- Assist the Group’s employees with various other administrative tasks and special projects, as needed; and
- Process and review semi-annual quarterly and monthly artist royalty statements to ensure the accuracy of both the royalty rates applied and the underlying earnings on which royalties are being paid
- Research historical royalty payments and account set-up in response to internal, and
Experience For New Royalty Analyst Resume
- Calculate and report monthly royalty accruals for all business lines
- Review sales orders and calculate royalties due for all business lines
- Reconcile monthly and quarterly reports with publishers
- Collaborate with internal departments to resolve data and royalty errors
- Create new vendor accounts and complete vendor maintenance requests
- Research and Respond to royalty inquiries from publishers
Experience For Global Royalty Analyst, Global Administration Resume
- Prepare ad hoc reports for internal personnel and publishers
- Create and maintain royalty contracts and contact information in all business systems
- Maintain positive and professional relationships with publishers
- Follows all established guidelines and procedures
- Calculate royalties and ensure complete, accurate and timely payment
- Analyze reports for compliance to contractual obligations
Experience For Temp-royalty Analyst Resume
- Track royalty performance against budgets
- Maintain internal sales & royalty databases
- Review and interpret artist contracts
- Prepare schedules to input terms into royalty system
- Calculate and analyze statements
Experience For Royalty Analyst, Rhino / Catalog Group Resume
- Review work of junior analysts
- Point of contact for various Label and Finance Management inquiries
- Review, audit and analyze royalty reports of various SME affiliates
- Identify, communicate, and resolve inaccuracies and/or discrepancies between reporting received and the data stored within Sony Music’s worldwide databases
- Review and resolve SME US interface sales errors
Experience For Royalty Analyst Resume
- Proactively identify strategic opportunities and address them in a cross consumer fashion
- Assist management throughout the monthly/quarter end processes
- Design and implement strategies to improve team productivity
- Handle multiple tasks simultaneously and manage time productively
- Analyze and review information from several different sources (corporate systems)
- Expertise in account analysis
- Adeptness in SAP
- Review and analyze recording agreements, producer agreements and other similar agreements (and any corresponding deal summaries or deal memos) for the purpose of identifying and summarizing the applicable royalty rates, related terms and payee information for a given record or recording and then enter those terms into WMG’s artist royalty system
List of Typical Skills For a Royalty Analyst Resume
Skills For Senior Royalty Analyst Resume
- Experience in a fast paced professional environment
- Demonstrated ability to plan and process numerous contracts to meet tight deadlines
- Ongoing interaction with management regarding royalty reporting concerns
- Reviewing and auditing artist contracts and payment history to ensure accuracy
- Assisting management through monthly/quarterly end processes
- Develop and execute audit programs, running engagements, preparing examination reports and interfacing with the auditee and client representatives
- Ensure the Content Accounting team has the technical foundation and support needed to perform accurate, reliable and timely accounting
- Take on a lead role in compiling data needed for external audits and third party audits, ensuring that data requests are handled in an efficient way
- Own and take on an active role in improvement and efficiency projects relating to Content Accounting
Skills For New Royalty Analyst Resume
- Assist with worldwide licensee accounting maintenance, liaise with both sales and IT department regarding new contract submissions
- Completes the monthly data pull for royalty processing using business and royalty systems
- Ensure Products/Tracks are properly linked to contracts confirming accrual and pending clearance
- Work directly with Royalty Team (DBA’s, Content and BI) to extract and QA royalty reporting data for monthly royalty calculation
- Maintain and further develop both small and large scale control tools used by the Content Accounting team
- Perform and review adjustments to existing royalty rate set-ups in WMG’s artist royalty system, as needed
- Assist with training and/or supervision of junior members of the Team; and
- Responsible for the accurate review, interpretation and set-up of development and licensing contracts
Skills For Global Royalty Analyst, Global Administration Resume
- Attend engagements at production studios, merchandising companies and other licensees of intellectual property
- Maintain and update (on a bi-weekly basis) a Group status report summarizing all of the Group’s current activities
- Manage monthly and quarterly reporting and payment process
- Create and maintain pricing on the Licensed Secondary Database Price Grid
- Understands and assists with goals of technology initiatives to improve royalty processing and internal workflows and systems
- Collect royalty reports, advertising spend reports and licensee projections for 300+ licensees
- Document findings and prepare appropriate schedules supporting data
Skills For Temp-royalty Analyst Resume
- Reconcile various Third Party Liability account balances on the artist ledger, including samples, overrides and other third parties
- Prepare credit memos and adjusting entries
- Assist management throughout the rendering processes as needed
- Analyze royalty reporting to verify adherence to contractual terms and agreements
- Forecast key stats that have financial impact on iHeartRadio’s royalty payments
- Skills in problem solving through statistical analysis or with large data sets highly desired (such as in derivatives, structured finance, or business analytics or in a similarly demanding and analytical role)
Skills For Royalty Analyst, Rhino / Catalog Group Resume
- Skill with Hyperion reporting products required
- Experience with contract/royalty databases
- Open to music, film, or tv royalty experience
- Comprehensive knowledge of taxes
- Proficiency in account management
- Organized with superb attention to detail
Skills For Royalty Analyst Resume
- Proficiency in Microsoft Office suite, special emphasis on Excel
- Able to work independently with minimal supervision with overtime as needed
- Able to communicate with professionals at all levels
- Type 40 WPM and 10-key by touch required
- Excel in a fast paced environment and work well under pressure
- Meet deadlines and work well under pressure in fast paced environment
Skills For Senior Royalty Analyst Resume
- Familiarity with Oracle and Hyperion
- Perform QA tests to ensure accuracy and correctness of implementations in the royalty system
- Translate data trends to business impact analysis
- Agile & Agile practices
- Comprehensive knowledge of analysis
- Active problem-solver who listens for customer cues and actively resolves problems with grace and integrity
- Background in problem solving through statistical analysis or with large data sets highly valued (such as in derivatives, structured finance, or business analytics or in a similarly demanding and analytical role)
- Spreadsheet and ERP system experience recommended
- Intermediate to Advanced Financial Analysis
Skills For New Royalty Analyst Resume
- Advanced Microsoft Office (especially Excel & Powerpoint)
- Create and maintain royalty accounts information for royalty recipients in WMG’s artist royalty system, including by updating the recipient’s contact information and tax identification numbers as needed
- Link individual record products to the applicable contractual terms as they have been set-up in WMG’s artist royalty system in a timely manner
- Assist with WMG’s monthly, quarterly and annual financial close processes as needed by responding to information requests from WMG’s Corporate and Royalty Finance Departments and the Finance Departments of WMG’s U.S. Record Labels
- Respond to inquiries from publishers regarding the statements and payments WMG has sent
- Review and manually adjust authors’ accounts for contractual compliance that cannot be calculated by the automated royalty system
- Serve as the Group’s primary AS400 Administrator; create, edit, and research Artist Codes, Entity Codes, and Record Project Numbers as needed by Warner Bros. Records and its affiliated labels, daily
Skills For Global Royalty Analyst, Global Administration Resume
- Assist with WMG’s monthly, quarterly and annual financial close processes as needed by responding to information requests from WMG’s Corporate and Royalty Finance Departments and the Finance Departments of WMG’s U.S. Record Labels; and
- Compensation analysis experience
- Strong knowledge of Microsoft Office applications, especially Excel
- Calculate royalty accruals and variance analysis for month end closing; including GM’s, variable royalties and currency effect
- With Information Providers (our suppliers). This group provides the raw material for our products. It is of critical importance to maintain the relationships and be responsive to their needs
- Review recoupment statuses on the royalty tracking database and offline spreadsheets with a view to preparing automatic, and if necessary, manual invoice runs
- Where necessary assist Royalty Manager in reporting receipts to licensing agents to enable agents to claim commission amounts
- With Accounts Payable. For processing payments to information providers
- With management. For reporting and analysis
Skills For Temp-royalty Analyst Resume
- Review inbound royalty reporting for accuracy and timeliness
- Maintain royalty reconciliations for licensees to ensure information reflects underlying contracts and up to date recoupment positions
- With Technology. The group that provides information on revenue and usage of sources (“hits”)
- With Finance. For accruals, forecasts and budgets
- Maintain and review royalty account information for royalty recipients in WMG’s artist royalty system; update recipient contact information and tax identification numbers as needed
- Perform delinquency tracking across all licensees to ensure that consumer product, home video, TV, intercompany and other licensees report inbound royalties on a timely basis
- Upload inbound royalty revenues by territory on to Jaguar royalty system