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- Tasks: Analyze financial data and ensure accurate accounting for intercompany royalties.
- Company: Join Warner Music Group, a leader in the music industry with a passion for innovation.
- Benefits: Enjoy a diverse workplace that values inclusion and offers growth opportunities.
- Why this job: Be part of a dynamic team that supports global music talent and champions creativity.
- Qualifications: Strong analytical skills and experience in finance are essential; music finance experience is a plus.
- Other info: Flexible application process; we value every applicant's unique background.
The predicted salary is between 43200 - 72000 £ per year.
Senior Intercompany Royalty Analyst
Job Description:
At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs. Here, we know that each talent makes our collective bolder and brighter. We are guided by four core principles:
- Music is Everything: Music is our passion, and we can never get enough.
- Global Growth, Local Expertise: Music is a global language. Our success can come from anywhere.
- Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination.
- Empowered by People: Our differences make us stronger.
We remain committed to Diversity, Equity, and Inclusion. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.
Job Title: Intercompany Royalty Analyst
A little bit about our team:
MUR stands for Master Use Royalties, which is the intercompany transfer of money and transactional data between Warner Music Group (WMG) companies. The Intercompany Royalty (MUR) team receives sales reporting from WMG affiliates and partners worldwide.
Your role:
This role involves working with the Intercompany Royalty Manager to assist with the MUR process; analysing transactional and financial data reported by WMG affiliates and licensees to ensure accurate accounting through the MUR system.
Here you’ll get to:
- Monitor all types of sales reporting across WMG and ensure correct intercompany rates.
- Gain in-depth knowledge of the WMG sales flow from point of sale to onward accounting.
- Take ownership of suspended transactions and clear errors.
- Liaise with Product Data Management for correct income allocation.
- Create queries and reports using Business Objects and Microsoft Excel.
- Work closely with the International Finance team to book MUR monthly transfer amounts.
- Maintain and improve manual reporting templates on Microsoft Excel.
- Become the first point of contact for WMG affiliates, answering queries.
- Support the Intercompany Royalty Manager with ad-hoc queries.
About you:
- Problem solver
- Strong analytical background
- Ability to prioritise efficiently
- Experience in a financial environment
- Good communication skills
- Strong Microsoft Excel skills
We’d love it if you also had:
- Experience in music finance or royalties
- Experience with Business Objects or similar query builders
- Experience with SAP
About us:
As the home to several premier recording labels, Warner Music Group champions emerging artists and global superstars alike. We redefine what it means to be a music company in the 21st century.
Love this job and want to apply?
Click the “Apply” link at the top of the page or apply directly with your LinkedIn.
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes.
Thanks for your interest in working for WMG. We love it here, and think you will, too.
WMG is committed to inclusion and diversity in all aspects of our business.
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Senior Intercompany Royalty Analyst employer: Warner Music Inc.
Contact Detail:
Warner Music Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Intercompany Royalty Analyst
✨Tip Number 1
Familiarize yourself with the music industry, especially the financial aspects related to royalties. Understanding how intercompany transactions work within a global music company like Warner Music Group will give you an edge in your discussions during the interview.
✨Tip Number 2
Brush up on your Microsoft Excel skills, particularly in creating reports and managing data. Since this role involves maintaining and improving reporting templates, showcasing your proficiency in Excel can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the music finance sector. Engaging with individuals who have experience in royalties or intercompany financial processes can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and analytical skills. Be ready to share specific examples from your past experiences that demonstrate how you've successfully navigated challenges in a financial environment.
We think you need these skills to ace Senior Intercompany Royalty Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Intercompany Royalty Analyst position. Familiarize yourself with the MUR process and the skills needed, such as strong analytical abilities and proficiency in Microsoft Excel.
Tailor Your CV: Customize your CV to highlight relevant experience in financial environments, particularly any work related to music finance or royalties. Emphasize your problem-solving skills and analytical background to align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for music and your understanding of the role. Mention how your skills and experiences make you a great fit for the team at Warner Music Group, and express your enthusiasm for contributing to their mission.
Highlight Relevant Skills: In your application, be sure to showcase your proficiency with tools like Business Objects and SAP, if applicable. Provide examples of how you've used these tools in previous roles to demonstrate your capability in handling the responsibilities outlined in the job description.
How to prepare for a job interview at Warner Music Inc.
✨Show Your Passion for Music
Since Warner Music Group emphasizes that 'Music is Everything', make sure to express your genuine passion for music during the interview. Share personal experiences or projects that highlight your love for music and how it drives your work.
✨Demonstrate Analytical Skills
As a Senior Intercompany Royalty Analyst, strong analytical skills are crucial. Prepare to discuss specific examples of how you've used data analysis in previous roles, particularly in financial environments, to solve problems or improve processes.
✨Familiarize Yourself with WMG's Sales Flow
Gain a solid understanding of the sales flow from point of sale to accounting within WMG. This knowledge will not only help you answer questions confidently but also demonstrate your commitment to understanding the company's operations.
✨Prepare for Technical Questions
Expect questions related to Microsoft Excel, Business Objects, and possibly SAP. Brush up on your technical skills and be ready to discuss how you've utilized these tools in your previous roles, especially in creating reports or managing data.
