Job Specifications
Who We Are
UnitedMasters is building a marketplace that connects artists, brands and fans - empowering artists to earn and grow. UnitedMasters has taken the bold step of building a music distribution service that, radically, puts artists first - disrupting the legacy music business by letting up-and-coming artists distribute their music directly to fans through streaming services while maintaining ownership of their master recording rights and up to 100% of royalties. Through the combination of UnitedMasters' music distribution platform and its deep ties to brands, UnitedMasters enables independent artists and change-makers to grow and earn unlike any other platform.
The UnitedMasters team is made up of musicians, marketers, engineers, and storytellers with backgrounds from YouTube, SoundCloud, Pandora, Facebook, Uber, Dropbox, Complex, VICE, and more. We work hand in hand with the award-winning creative teams that forge those innovative partnerships at Translation (our in-house creative advertising agency).
We are looking for a Royalty Analyst to join UnitedMasters! This is a hybrid role with 4 days in the office and 1 day remote.
What You'll Do
Co-manage quarterly and semi-annual royalty statement process with VP of Artist Operations
Analyze and approve quarterly and semi-annual royalty statements for artist partners
Understand and interpret contract language for exclusive artist partnerships, JV deals, producer and side artist agreements, brand partnerships, music licenses, and other third party royalty agreements
Ensure all royalty collections are accounted for and calculated correctly including performance income, SoundExchange, physical product sales, etc
Oversee account set up and royalty collection for side artist income payable to UM
Track mechanical licenses and mechanical royalty payments
Consult with EVP of Music, VP of Artist Operations, and UM General Counsel on royalty structures for label waivers, sample licenses, JV deal structures, label services, physical product royalty rates, etc as needed
Submit royalty payment requests to UM finance for payable balances
Calculate and track recoupment status per song and per artist deal as required per contractual language
Collaborate with UM Finance on Partner Artist P+L and royalty and recoupable expense tracking in NetSuite and proprietary royalty tracking software
Determine scalable internal solutions for royalty accounting
Respond to general inquiries regarding royalty statements from statement recipients
Knowledge, Skills and Abilities
Expert knowledge of music industry royalty accounting
Experience reading and interpreting contract language
Communicating complex royalty information/calculations to parties less familiar with standard practices
Highly organized
Solution Oriented
Critical Thinking
Familiarity with developing scalable solutions
Ability to complete projects on a scheduled timeline
Willingness to provide mentorship to emerging artist teams if needed
Minimum Qualifications
Bachelor's Degree
3 years experience in royalty accounting
Strong proficiency in MS Office and Google Suite
Preferred Qualifications
Previous experience at a major label and/or distributor with exclusive licensing offerings
Music industry royalty accounting for artists and third parties (producers, sample owners, side artists, etc)
Ability to learn quickly, be flexible and adapt to changing industry and organizational landscape
Spreadsheets expert
Strategic thinker
Experience/familiarity with royalty accounting software (RoyaltyShare, Curve, etc)
About UnitedMasters, Inc.
UnitedMasters Inc. represents the creative solutions company, Translation, and the leading software and services platform for independent creators, UnitedMasters. UnitedMasters enables ownership, exposure, and new paths for financial return for independent creators, while Translation helps brands leverage the power of contemporary culture to achieve transformational growth. Combined, UnitedMasters, Inc. is the world's leading marketplace for cultural capital, connecting independent artists and brands to realize a future in which all creators own their future. Backed by Alphabet, Andreessen Horowitz, and Apple, UnitedMasters, Inc. is reimagining how brands and artists come together to tell their stories, build profitable growth, and push culture forward.
Salary Hiring Range: $60,000 - $75,000
Our salary ranges are based on paying competitively for our size and industry, and are one part of many compensation, benefits and other reward opportunities we provide (e.g. bonus, stock options, 401(k) match, etc.)
Individual pay rate decisions are based on a number of factors, including qualifications for the role, experience level, skillset, and balancing internal equity relative to peers at the company. We expect the majority of the candidates who are offered roles at our company to fall healthily throughout the range based on these factors.
The range above is for the expectations as laid o