Royalties Audit Assistant

Royalties Audit Assistant

Full-Time 30000 - 42000 £ / year (est.) No home office possible
U

At a Glance

  • Tasks: Assist in royalty audits, gather and analyse data for accurate reporting.
  • Company: Join Universal Music, the world's leading music company with a vibrant culture.
  • Benefits: Enjoy competitive salary, private medical insurance, and 25 days annual leave.
  • Why this job: Be part of a dynamic team shaping the future of music royalties.
  • Qualifications: Proficient in Microsoft Excel; strong communication and problem-solving skills.
  • Other info: Inclusive workplace committed to diversity and personal growth.

The predicted salary is between 30000 - 42000 £ per year.

Music is Universal. It’s the passionate and dedicated team at Universal Music who help make us the world’s leading music company. From A&R to finance, legal to digital, sales to marketing, Universal Music is the place to grow and develop your career within a truly commercial and innovative business that leads in everything it does.

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of gender, race, disability, sexual orientation, religion, belief, age, marital status, background, pregnancy, or caring responsibilities. We also recognise the importance of diversity of thought within our teams and are fully committed to embracing the talents of people with autism, dyslexia, ADHD, and other forms of neurocognitive variation. We will always seek to make appropriate adjustments to recruitment, workplaces, and work processes to be fully inclusive to people with different needs and working styles.

The Royalty Department plays a key role for our artists. Using royalty clauses contained within the recording agreements, we create and deliver regular royalty statements that are transparent and accurate in a timely manner. The world of royalties is changing faster than ever and we are continuously adapting to change as well as implementing new initiatives and processes to continue to deliver a best in class service.

Working in the royalty audit team within the royalty department, the Royalty Audit Assistant will work across various ongoing royalty audits towards the audit’s final settlement. Reporting to the Head of Royalty Audits, the role is responsible for assisting with gathering, reviewing, analysis and delivery of royalty data. The audits will cover the UMG roster, working across all the frontline labels.

Key Responsibilities:
  • Tracking audit queries, updating work schedules and maintaining audit files.
  • Extracting and manipulating data from UMG royalty systems.
  • Preparation of data for external auditors.
  • Building & maintaining relationships with internal contacts for gathering information.
  • Producing data analysis for use in audit queries, audit claims and royalty reconciliations.
  • Liaising with the royalty teams to ensure corrective actions are completed.
  • Conduct independent reviews of royalty statements for accuracy.
  • Resolution of ad hoc queries.
Skills And Experience Required:
  • Must have experience using Microsoft Excel (v-lookups and pivot tables).
  • Excellent written and verbal communication skills.
  • Ability to think proactively to seek solutions.
  • Ability to meet deadlines quickly and accurately while managing competing priorities is required.
Nice to have:
  • Experience working in a royalty related role.
  • An interest in music and the music industry.
  • A wider understanding of a finance function.
Key Behaviours:
  • Organised
  • Confidentiality

We are Universal Music Group UK – the UK’s leading music-based entertainment company. We exist to shape culture through the power of artistry. We help UK artists produce, distribute and promote the most critically acclaimed and commercially successful music to inspire and entertain fans at home and around the world.

Bonus Tracks: Your Benefits:
  • Group Personal Pension Scheme (between 3% and 9%)
  • Private Medical Insurance
  • 25 paid days of annual leave
  • Interest Free Season Ticket Loan
  • Holiday Purchase scheme
  • Dental and Travel Insurance options
  • Cycle to Work Scheme
  • Salary Sacrifice Cars
  • Subsidised Gym Membership
  • Employee Discounts (Reward Gateway)

The company presents this job description as a guide to the major areas and duties for which the jobholder is accountable. However, the business operates in an environment that demands change and the jobholder's specific responsibilities and activities will vary and develop. Therefore, the job description should be seen as indicative and not as a permanent, definitive, and exhaustive statement.

Royalties Audit Assistant employer: Universal Music Group

Universal Music Group UK is an exceptional employer that fosters a vibrant and inclusive work culture, where creativity and innovation thrive. With a strong commitment to employee growth, we offer comprehensive benefits including a generous pension scheme, private medical insurance, and opportunities for professional development within the dynamic music industry. Located in the heart of the UK's music scene, our team is dedicated to shaping culture and supporting artists, making it a truly rewarding place to build your career.
U

Contact Detail:

Universal Music Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Royalties Audit Assistant

✨Tip Number 1

Network like a pro! Reach out to people in the music industry, especially those working at Universal Music. A friendly chat can open doors and give you insights that might just land you that Royalty Audit Assistant role.

✨Tip Number 2

Prepare for your interview by brushing up on your Excel skills. Make sure you're comfortable with v-lookups and pivot tables, as these are key for the role. We want to see you shine when it comes to data manipulation!

✨Tip Number 3

Show your passion for music! Whether it's your favourite artists or recent trends in the industry, let your enthusiasm shine through. It’s all about connecting your love for music with the role you’re applying for.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Royalties Audit Assistant

Microsoft Excel (v-lookups and pivot tables)
Data Analysis
Communication Skills
Proactive Problem-Solving
Time Management
Organisational Skills
Confidentiality
Experience in Royalty Related Role
Interest in Music Industry
Understanding of Finance Function

Some tips for your application 🫡

Show Your Passion for Music: When you're writing your application, let your love for music shine through! Mention any relevant experiences or interests that connect you to the industry. We want to see that you're not just looking for a job, but that you're excited about being part of the music world.

Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it's relevant. We appreciate when candidates can communicate effectively, so make sure your written skills are on display!

Highlight Your Excel Skills: Since this role requires strong Excel skills, don’t forget to mention your experience with v-lookups and pivot tables. If you've used these in previous roles or projects, give us some examples to show off your abilities!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us without any hiccups. Plus, it shows that you're keen on joining our team at Universal Music!

How to prepare for a job interview at Universal Music Group

✨Know Your Numbers

As a Royalty Audit Assistant, you'll be dealing with data analysis and royalty statements. Brush up on your Excel skills, especially v-lookups and pivot tables, so you can confidently discuss how you've used them in past roles or projects.

✨Understand the Music Industry

Show your passion for music and the industry during the interview. Familiarise yourself with current trends in royalties and how they impact artists. This will demonstrate your genuine interest and help you connect with the interviewers.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Think of examples where you've had to manage competing priorities or resolve queries under tight deadlines. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

✨Build Rapport

The role involves liaising with various teams, so showcasing your communication skills is key. Practice how you would introduce yourself and engage with the interviewers. A friendly, confident approach can make a lasting impression.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

U
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>