What are the responsibilities and job description for the Royalty Coordinator position at Downtown Music?
Downtown Music is a modern global music company committed to building a more equitable music industry. As the preferred partner for some of the world's most beloved songwriters, storied music catalogs, and emerging artists at the forefront of pop culture, we offer bespoke distribution, publishing administration, creative marketing and finance solutions to entrepreneurial creators and their partners. Downtown Music is owned and operated by Downtown Music Holdings. Downtown Music Publishing is looking for a Royalty Coordinator to join our global royalty processing team. Your focus will be on the processing of inbound royalties, and the ingestion and mapping of royalty statements from a wide variety of sources. You will report to the Royalties Manager and be responsible for meeting individual goals to ensure the department meets its quarterly objectives. Our team takes pride in accuracy and detail, but also in efficient collaboration with the other departments within Downtown's Rights Management Operations. This hybrid position will be based in our New York City office location.What you'll be doing: Locate, analyze, review, and process incoming royalty statements including Downloading statementsImporting statementsSong matching statementsSubcoding statementInbound royalty reconciliation of cash to statement detailsAssist in processing income in backlog, error, suspense, client adjustments, etc.Support internal and external rights holders and partners (e.g. PROs, DSPs, etc.) to ensure that royalty-related issues get resolved quicklyComplete ad hoc projects as needed After 3 months you'll have:Experience with a full quarter's royalty cycle, from payment to distributionBasic comprehension of how Downtown operates, collects, and distributes royalties Exposure to and understanding of the detailed metadata received from various sourcesYou are / have:Basic music industry knowledge and internship experienceUnderstanding of global music publishing royalty landscape a plus Passion for music, numbers, and analyzing large data setsMust have a strong analytical mind and solid experience with ExcelExperience with Counterpoint Music Maestro is a plusResourceful, flexible, and exceptional teamwork skillsAbility to take initiative in a fast-paced, high productivity environment with tight deadlinesWhy you want to work here: Ample opportunities to work with leaders and employees across our businessWork in a collaborative environment full of mission driven, innovative, and passionate peopleBe part of an open, welcoming, and inclusive culture Rich benefit program (Medical, Dental, Vision), Life Insurance, 401k (with match)Free CitiBike Membership (NYC Only)Paid Volunteer HoursDowntown provides base salary ranges for all positions located in the United States at the time of posting. The hiring range for this position is $40,000 - $54,000 annually. As a candidate for this position, your salary and related elements of compensation will be contingent upon various factors including, but not limited to, work experience, geographic location and relevant skills. Downtown is committed to providing a comprehensive market-competitive total rewards program for its employees which includes medical, dental, and vision, life insurance, 401(k) match and generous paid time off. This range does not include any other variable compensation components.Ensuring a diverse and inclusive workplace where we learn from each other is core to Downtown's values. We welcome and encourage all applicants of different backgrounds, experiences, abilities and perspectives to apply.
Salary : $40,000 - $54,000