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    • Royalty Financial Analyst - Johannesburg - HR Genie

    HR Genie
    HR Genie Johannesburg

    2 months ago

    HR Genie background
    Description

    Job Summary:

    HR Genie is seeking a Royalty Financial Analyst to join our team. The successful candidate will be responsible for calculating and processing royalty payments for artists, producers, distribution clients, and other stakeholders.

    Responsibilities:

    • Ensure accurate and timely disbursement of royalty payments according to contractual terms.
    • Process royalties on both the RASA and internal systems.
    • Prepare royalty statements and reports for internal and external stakeholders.
    • Assist in the preparation of financial reports, including income statements and balance sheets related to royalties.
    • Perform a recoupability analysis against advances on a monthly basis.
    • Reconcile royalty accounts.
    • Maintain and update royalty accounting systems and databases.
    • Ensure all royalty data is accurate and up-to-date.
    • Pull reports as required for international and domestic revenue.
    • Review and analyze royalty agreements to determine payment terms and obligations.
    • Ensure compliance with contractual and legal requirements.
    • Ensure that statements are sent out to stakeholders timely.
    • Assist in internal and external audits related to royalty accounting.
    • Provide necessary documentation and information to auditors as required.
    • Perform regular reconciliations of royalty accounts to ensure accuracy.
    • Investigate and resolve discrepancies in royalty calculations and payments.
    • Work closely with the finance, legal, and A&R departments to ensure alignment and accuracy in royalty payments.
    • Communicate effectively with artists, managers, and other external stakeholders regarding royalty-related inquiries.
    • Collaborate with the A&R team on artist P&Ls and models.
    • Identify opportunities for improving royalty accounting processes and systems.
    • Implement best practices and efficiencies in royalty accounting.

    Requirements:

    • Bachelors degree in Accounting, Finance, Business Administration, or a related field.
    • CPA or equivalent certification preferred.
    • Minimum of 2-3 years of experience in royalty accounting, preferably in the music industry.
    • Experience with royalty accounting software and systems (e.g., SAP, Oracle, RASA, SAGE, XERO).

    What We Offer:

    At HR Genie, we offer a competitive salary and benefits package, as well as opportunities for professional growth and development.

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