Music is Universal
It’s the passionate and dedicated team at Universal Music who help make us the world’s leading music company. From A&R to finance, legal to digital, sales to marketing, Universal Music is the place to grow and develop your career within a truly commercial and innovative business that leads in everything it does.
Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of gender, race, disability, sexual orientation, religion, belief, age, marital status, background, pregnancy, or caring responsibilities. We also recognise the importance of diversity of thought within our teams and are fully committed to embracing the talents of people with autism, dyslexia, ADHD, and other forms of neurocognitive variation.
We will always seek to make appropriate adjustments to recruitment, workplaces, and work processes to be fully inclusive to people with different needs and working styles. If you need us to make any reasonable adjustments for you from application onwards, including alternatives to the online form or to disclose a neurocognitive condition, please email UniversalMusicCareers@umusic.com.
The Role
This is a key position in our UK Royalties team reporting to the Senior Manager, UK Royalties and Client Services. This role is for a 9 month parental leave cover and will work alongside a team of royalty experts with joint focus on providing our clients with accurate and timely royalty payments.
We are searching for an experienced royalty specialist who has experience undertaking royalty closes and payment processes, an understanding of compliance and control measures and providing an exemplary service to clients.
The position is rich in opportunity for involvement with the company’s biggest clients, SOX controls execution and managing the UK royalty payment process.
Key Responsibilities
Responsible for the royalty payment process to our UK clients.
Ensure compliance and control procedures related to royalties are executed.
Ad-hoc complex royalty query and adjustment calculation.
Review of financial advances and transactions.
Producing regular finance cash forecast information.
Key stakeholder in royalty system technology changes.
Managing quarterly royalty close process.
Creating relevant approval documents for VP UK & European Admin and General Manager & Finance Director.
Skills and Experience Required
Must Have
You will have a minimum of 2 years of related work experience in a music publishing royalties role.
An understanding of royalties and finance processes within Music Publishing.
Experience undertaking compliance and control processes including SOX.
Excellent written and verbal communication skills are required.
Experience using Microsoft Excel, Outlook and SAP.
Understanding of music publishing income streams including collective management organisations, Performing Rights Organisations and Digital Service Providers.
Strong organization skills, critical thinking, analytical abilities, and attention to detail are required.
Ability to meet deadlines quickly and accurately while managing competing priorities is required.
Excellent communication and relationship-building skills.
About UMG UK
We are Universal Music Group UK – the UK’s leading music-based entertainment company. We exist to shape culture through the power of artistry. We help UK artists produce, distribute and promote the most critically acclaimed and commercially successful music to inspire and entertain fans at home and around the world.
Bonus Tracks: Your Benefits
Group Personal Pension Scheme (between 3% and 9%)
Private Medical Insurance
25 paid days of annual leave
Interest Free Season Ticket Loan
Holiday Purchase scheme
Dental and Travel Insurance options
Cycle to Work Scheme
Salary Sacrifice Cars
Subsidised Gym Membership
Employee Discounts (Reward Gateway)
Just So You Know…
The company presents this job description as a guide to the major areas and duties for which the jobholder is accountable. However, the business operates in an environment that demands change and the jobholder's specific responsibilities and activities will vary and develop. Therefore, the job description should be seen as indicative and not as a permanent, definitive, and exhaustive statement.