At a Glance
- Tasks: Manage royalty distributions and ensure accurate payments to songwriters and publishers.
- Company: PRS for Music, a leading organisation in the music industry.
- Benefits: Flexible working, 25 days holiday, family-friendly leave, and professional development opportunities.
- Why this job: Join a collaborative team making a real impact in the music industry.
- Qualifications: Intermediate Excel skills and experience in operational or finance roles.
- Other info: Inclusive culture with various Affinity Groups and excellent career growth potential.
The predicted salary is between 28800 - 43200 £ 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.
We have an opportunity for a Royalty Distribution Analyst (known internally as Distribution Operations Coordinator) to join us on a 12 month Fixed term contract basis. 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's distribution policy decisions and reviews of its operational processes, while delivering record-breaking distributions to PRS members.
As our Royalty Distribution Analyst, you will have a specific focus on operational activities which facilitate the transformation of data submitted by Operations to distribution payments to members and customers. Some of your day to day duties will be:
- Handling specific areas of distribution operations and accounts, ensuring accuracy and timescales in meeting strictly defined deadlines
- Completion of pre and post distribution activities to facilitate the end-to-end process from scheduling payments, to including maintenance of schedules, journals and systems
- Prepare release of all necessary files in time for control sign off and distribution aligned to forecast
- Maintain accounts and associated revenue values
- Reconciliation of financial to royalty systems
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:
- Knowledge of Excel to at least a recognised ‘intermediate’ level.
- Working knowledge of other Microsoft Office applications.
- Experience within a detailed operational or finance based role with a focus on best service and accuracy.
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.
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.
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.
If you sound like you could be the right person for the job, apply now.
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 Distribution Analyst employer: Prs For Music Ltd
Contact Detail:
Prs For Music Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Royalty Distribution Analyst
✨Tip Number 1
Get to know the company! Before your interview, dive into PRS for Music's mission and values. Understanding their commitment to songwriters and composers will help you connect your skills to their goals.
✨Tip Number 2
Practice makes perfect! Use the STAR method to prepare for competency-based questions. Think of specific examples from your past roles that showcase your attention to detail and operational skills.
✨Tip Number 3
Network like a pro! Reach out to current or former employees on LinkedIn. They can provide insider tips about the interview process and what it’s really like to work at PRS for Music.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the team at PRS for Music.
We think you need these skills to ace Royalty Distribution Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Royalty Distribution Analyst role. Highlight your experience in operational or finance-based roles, and don’t forget to showcase your Excel skills. We want to see how you can bring your unique flair to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the music industry and how your skills align with our mission at PRS for Music. Let us know what makes you tick and why you’d be a great fit for our team.
Showcase Your Attention to Detail: As a Royalty Distribution Analyst, accuracy is key. In your application, provide examples of how you've ensured precision in your previous roles. We love seeing candidates who take pride in their work and can demonstrate their attention to detail.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Prs For Music Ltd
✨Master the STAR Method
Since the interview process includes competency-based questions, it's crucial to prepare using the STAR method. This means structuring your answers by outlining the Situation, Task, Action, and Result. Practising this will help you articulate your experiences clearly and effectively.
✨Showcase Your Excel Skills
As a Royalty Distribution Analyst, you'll need to demonstrate your intermediate Excel skills. Brush up on functions like VLOOKUP, pivot tables, and data analysis techniques. Be ready to discuss how you've used these skills in previous roles to manage data accurately and efficiently.
✨Understand the Royalty Distribution Process
Familiarise yourself with the end-to-end royalty distribution process. Research how music usage data is matched with licensed revenue and the importance of accuracy in this role. Showing that you understand the intricacies of the process will impress the interviewers.
✨Emphasise Team Collaboration
The role involves working closely with various teams, so highlight your experience in collaborative environments. Prepare examples of how you've successfully worked with others to achieve common goals, ensuring you convey your ability to contribute positively to a team dynamic.