Manager – Royalty Accounting

At Sony Music Entertainment, we fuel the creative journey. We’ve played a pioneering role in music history, from the first-ever music label to the invention of the flat disc record. We’ve nurtured some of music’s most iconic artists and produced some of the most influential recordings of all time.

Today, we work in more than 70 countries, supporting a diverse roster of international superstars, developing and independent artists, and visionary creators. From our position at the intersection of music, entertainment, and technology, we bring imagination and expertise to the newest products and platforms, embrace new business models, employ breakthrough tools, and provide powerful insights that help our artists push creative boundaries and reach new audiences. In everything we do, we’re committed to artistic integrity, transparency, and entrepreneurship. Sony Music Entertainment is a member of the Sony family of global companies.

The Global Finance Shared Service Center supports the core business with finance related matters, covering a wide scope of activities across the globe. We ensure suppliers and artists are paid on time for the amazing work they create. We work closely with the local finance teams around the world which means we have an excellent understanding of how the company operates and are kept up to date with key developments in this exciting and fast paced industry. Our teams play a key role in ensuring Sony Music achieve their annual goals each year.

The Royalty Accounting Manager will handle all aspects of royalty accounting for designated record labels which includes; ensuring the accuracy and completeness of accounting closes, performing account analysis and reconciliation, reviewing and implementing internal controls, routine royalty reporting and special projects.

What you'll do:
• Monitor, review and analyze capitalized balances, royalty liabilities, recording costs, and artist/copyright/union expense for reasonableness and proper accounting treatment
• Prepare journal entries and assist in the monthly closing process
• Perform royalty system to general ledger reconciliations
• Prepare artist and publisher studies for record labels
• Perform various account analysis related to artist, copyright, club, union and foreign royalties
• Review and improve internal controls where applicable
• Ability to take on special and independent projects when assigned
• Advise manager on issues impeding the completion of the assigned tasks as well as possible solutions
• Work closely with all areas of the Royalty Department: operations, systems, and audit.
• Work with other Sony Music Entertainment areas: Corporate/Record Label Finance, Financial Reporting, Accounts Payable
• Work with external audit team

Who you are:
• Bachelor’s degree in accounting with CA / CPA or preferred equivalent
• 3 - 5 years related work experience required with royalty experience a plus
• Detail oriented without losing sight of the broader view
• Strong analytical skills
• Ability to work under pressure and meet deadlines
• Possess good time management skills and the ability to set expectations both internally and externally
• Possess excellent communication and interpersonal skills
• Independent worker, well organized, with the ability to multitask
• Ability to work well in a collaborative, team oriented environment
• Knowledge of SAP (System Application Product)
• Proficient in all PC applications, especially Microsoft Excel and Access.
• Flexible with UK and US shift hours. During training period, the shift timing will be from 4:30 PM to 1:00 AM IST. Post-training, the shift will transition to align with UK business hours.

What we give you:
• Work from home (hybrid – 2 days in a month from office)
• You join a vibrant global community with the opportunity to channel your passion every day
• A modern office environment designed for you, empowering you to bring your best
• Investment in your professional growth and development enabling you to thrive in our vibrant community
• The space to accelerate progress, positively disrupt and create what happens next
• We give you the platform to champion positive change, with the opportunity to contribute to our social impact, diversity, equity and inclusion initiatives
• Annual leave, medical leave and medical insurance.

Equal Opportunities

As an active part of a culturally and socially diverse society, Sony Music’s aim is that our workforce is diverse and inclusive. Sony Music is an equal opportunity employer and supports workforce diversity.

We employ, retain, promote and otherwise treat all employees and job applicants according to their merit, qualifications, competence and talent. We apply this policy without regard to any individual’s sex, race, religion, origin, age, ****** orientation, marital status, medical condition or disability.

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