At a Glance
- Tasks: Lead a team to maximise royalty payments for music creators and improve operational processes.
- Company: Join PRS for Music, a leading organisation supporting songwriters and composers.
- Benefits: Enjoy 25 days holiday, remote work options, and family-friendly leave policies.
- Other info: Be part of an inclusive culture with opportunities for personal and professional growth.
- Why this job: Make a real impact in the music industry while developing your leadership skills.
- Qualifications: Strong analytical skills, Excel proficiency, and experience in performance-focused environments.
The predicted salary is between 47250 - 57750 £ per year.
Music wouldn't exist without the work of songwriters, composers and publishers. We're here to represent them and make sure that they are paid for their work. After more than a century in the industry, we continue to innovate as a world-leading organisation.
The Royalty Resolution Manager position is a key role within the Distribution Operations department and is responsible for driving the highest productivity to maximise the value of payments to PRS for Music members. The role is accountable for ensuring that we have the necessary processes and planning in place to maximise the value paid to PRS members, focusing on driving improvements to maximise operational effectiveness.
Therefore the successful candidate will have excellent interpersonal skills and attention to detail. They will be expected to challenge current processes and be a hands-on people and task manager, coupled with experience of delivering excellent KPI results.
The Operations & Royalty Distributions department at PRS for Music is crucial in managing the end-to-end process of distributing royalties to its members – both through the main quarterly distributions, and through smaller, monthly distributions. Through a collaborative and inclusive team approach, Distribution Operations work closely with teams across the business to calculate the revenue available for distributions, matching music usage data with licensed revenue and performing agreed control checks to ensure accuracy and completeness. There is also a chance to be involved in PRS' distribution policy decisions and reviews of its operational processes, while delivering record-breaking distributions to PRS members.
Responsibilities
- Providing leadership to the Royalty Resolution team, including training and oversight of all tasks completed by the team
- Accountable for maximising the value that is paid to PRS members, by reducing the amount held in various suspense accounts
- Accountable for obtaining up to date bank account and address details for PRS members to release held payments
- Accountable for releasing held values from PRS suspense accounts where copyright disputes and other issues have been resolved
- Supporting the Distribution Support Team with the processing of returned payments
- Providing regular updates to senior leadership on the progress made in reducing held balances
- Supporting the Membership department with complex member payment queries
About you
At PRS for Music, we want you to bring the best version of yourself to work. We believe that celebrating individuality promotes a culture of acceptance and openness. Along with being whoever you want to be, in an ideal world you will also have:
- Operational people management experience desired but not essential.
- Experience of a performance focused culture.
- Knowledge of Excel to 'advanced' level, with a working knowledge of other Microsoft applications
- Excellent analytical, financial and presentational skills.
- Excellent influencing and communication skills. Confident negotiator and presenter at all levels with ability to execute highest standards of stakeholder management.
- Highly driven, tenacious and target focused with a proven track record of leading others to achieve and exceed operational KPIs and working collaboratively across teams.
What’s in it for you?
Here are just a few things that set PRS for Music apart from the crowd:
- We trust, value, and support our people to make the difference
- We believe that diversity of thought and experience provides the platform for innovation and creativity
- We are consciously inclusive and have eight Affinity Groups which you can join and make an impact
- We invest in the development of our people to drive our ambitions forward
- We offer a range of family friendly leave including enhanced maternity and paternity, grandparent, fertility, reproductive and menopause support.
- We know time to rest and recharge is important which is why we offer 25 days holiday entitlement with the option to top up twice annually up to a maximum of 30 days
- Employees can work from anywhere in the world for up to eight weeks of the year
- Plus a whole range of other benefits, including retail discounts, gym discounts, season ticket or bicycle loan.
The Process
Our interview process for this role is simple:
- First stage interview will take place virtually on MS Teams.
- Second stage interview will take place in person at our London Bridge Hub.
We use competency-based questions within our interviews. This allows you to provide examples of situations where you have had to demonstrate the required skills relevant to the role you are applying for. To assist your preparation for interview, research the STAR method to aid bringing your examples to life.
Location
We offer a hybrid working model, allowing employees to work from home up to three days a week. To ensure the health and safety of all our employees, if you wish to work from home for more than 2.5 days per week, we will conduct a quick and easy remote-working assessment.
At PRS we are committed to equity, diversity, inclusion and belonging for all. We have taken a holistic approach to ensure that no one feels excluded regardless of age, class, sexuality, gender, race, religion, or ability. We value the needs of everyone in our organisation and strive to build an environment where our employee’s contributions are recognised in order that everyone may thrive.
Royalty Resolution Manager (FTC) in London employer: Prs For Music Ltd
At PRS For Music Ltd, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. Our remote-friendly approach allows for flexibility while working within a diverse team dedicated to accuracy and excellence in royalty distributions. We offer ample opportunities for employee growth and development, making it a rewarding place for those looking to make a meaningful impact in the music industry.
StudySmarter Expert Advice🤫
We think this is how you could land Royalty Resolution Manager (FTC) in London
✨Tip Number 1: Get Involved in Consulting Case Competitions
Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Royalty Resolution Manager (FTC) at Prs For Music Ltd!
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Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like Prs For Music Ltd or be willing to refer you for that Royalty Resolution Manager (FTC) position!
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Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Royalty Resolution Manager (FTC) role at Prs For Music Ltd!
We think you need these skills to ace Royalty Resolution Manager (FTC) in London
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Prs For Music Ltd. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at Prs For Music Ltd
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
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Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!
✨Show Your Leadership Flair
As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at Prs For Music Ltd. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!