VACO/Warner Music
  • 08-Jan-2018 to 09-Mar-2018 (EST)
  • Nashville, TN, USA
  • Full Time

With its broad roster of new stars and legendary artists, Warner Music Group ("WMG") is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word, as well as Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide. 

 

Organization Description:

The U.S. Shared Services organization is based in WMG's Center of Excellence for Shared Services in Nashville, Tennessee (the "Center").  The Center consists of five departments: Analysis, Finance, Legal, Licensing, and Reporting.  Employees of the Center provide services to all of WMG's U.S. record labels, Warner-Chappell Music Publishing, WEA Corp. and Alternative Distribution Alliance (WMG's distribution companies), and WMG's other U.S. business units.

 

Department Description:

The U.S. Shared Services he Analysis Department consists of two groups: the Audit Group, and the Revenue Assurance Group.

  • The Audit Group is responsible for managing all incoming audits arising from the artist recording agreements, joint venture and participation agreements, publishing license agreements, and union collective bargaining agreements to which WMG's U.S. record labels are a party.
  • The Revenue Assurance Group is responsible for processing all incoming payments received pursuant to the synch and master use licensing agreements covering WMG's recorded music repertoire, tracking and collecting outstanding payments, and administering WMG's artist royalty obligations with respect to such incoming payments.

Members of the Department work closely with employees in the Business Affairs, Finance, Production, Operations, New Media, and Marketing departments of each label client to fulfill the above-referenced responsibilities for the recordings and record those labels release. 

 

High Level Job Description: 

The responsibilities of the candidate hired to fill this position will include managing all aspects of the audit process, including, without limitation, tracking audit notifications, reviewing and analyzing the claims contained in the audit reports we receive, making recommendations to the relevant WMG internal label clients regarding how to respond to those claims, facilitating settlement negotiations between the party auditing and WMG's internal label clients, and ensuring that any internal accounting entries related to the audit process are made accurately and in a timely manner. 

 

Detailed Job Description/ Responsibilities: 

  • Tracking of audit notice letters received by the Group's label clients; upon receipt of a given notice, determining (and then advise such label clients of) the maximum duration of the period the party in question is contractually permitted to audit;
  • Assist in analyzing the audit claims submitted by the auditor in question, as well as the relevant provisions of the underlying artist, publisher and union contracts that govern WMG's exploitation of the assets that is at issue in the audit;
  • Create documentation and assist in settlement of each audit, on behalf of the WMG label client concerned; in close coordination with that label's Business & Legal Affairs and Finance Departments;
  • Manage the input and tracking of all data related to the Group's pending audits in the Group's consolidated audit tracking spreadsheet; and
  • Performing such other duties as you may be asked to perform by the senior management of the Group and the division.

 

Required Competencies/Skills:

  • Candidates for this position must be able to work well independently and as part of a team;
  • Candidates must have strong computer skills, including strong data entry and data analysis skills (with an emphasis on accuracy and problem-solving) and strong proficiency using Microsoft Office's Excel, Word and PowerPoint applications; familiarity with Microsoft Office's Access application is preferred, but not required.
  • Candidate must possess excellent verbal and written communication skills;
  • Candidate must possess excellent analytical, mathematical and organizational skills;
  • Candidate must be able to meet deadlines consistently and effectively while working under pressure; candidate must be able to manage multiple assignments at any given time and prioritize them effectively and appropriately; and
  • Candidate must possess comprehensive working knowledge of WMG's EROS artist royalty system;
  • Candidate must possess working knowledge of [one or more of the legacy royalty systems previously used by WMG's major U.S. labels (g., Atlantic Records, Warner Bros. Records, Rhino Entertainment).

 

Education Required/Preferred:

  • Bachelor's degree or equivalent experience required; major in accounting, finance or business is preferred.
  • Candidate should possess a minimum of 0 to 1 years' experience working in a position or positions involving participation in, and management of, the external audit process for a record label.

 

 

Our Company is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national Origin, alienage or citizenship, disability, marital status, familial status, military or veteran status, or any other legal recognized protected basis under federal, state or local laws, regulations or ordinances.

Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws and the Company complies with all applicable reasonable accommodation requirements which such laws may require.  Accordingly, please inform the Company's Human Resources representative if you need an accommodation in order for you to complete any employment application-related forms or otherwise to participate in the application or selection process for the position for which you are applying. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity and will enable applicants to participate in the application and selection process and for employees to perform the essential functions of their jobs without imposing undue hardship on our Company.   The Company also will make reasonable accommodations to an applicants or employee's religious beliefs and practices as may be required by law, unless an undue hardship would result. 

Copyright 2014 Warner Music Inc.              

VACO/Warner Music
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