Concord is the world’s leading independent music company, supporting a vast array of artists and songwriters. The Royalties and Payables Coordinator is responsible for managing vendor and royalty systems, ensuring accurate payments, and collaborating with various teams to facilitate financial processes.
Responsibilities
- Correspond directly with authors, agents, beneficiaries, and vendors to collect necessary payment and tax documentation. Onboard new clients/vendors using corporate vendor portals (i.e. Graphite) and procedures
- Maintain accurate payee contact and tax information within our database and contract management system and respond timely to client/vendor inquiries
- Create payments to clients/vendors (including check and ACH) in NetSuite and online banking platform. Reconcile payments with bank and compile reporting as needed
- Maintains and updates the Theatricals information systems (Rightsline, Alliant, NetSuite) when new deals or advances are completed to ensure royalties will be processed properly
- Collaborate with the Business Affairs team to facilitate redirections of payments/royalty reporting, facilitate advance and royalty payments, confirm deal set-ups and royalty splits against contract terms
- Assists Corporate Tax and Corporate Accounting teams with regulatory requests, such as IRS forms 1099 and 1042 at year end, unclaimed funds/escheatment process, etc
- Support Theatricals Royalties and Accounting teams with additional duties as assigned
Skills
- Bachelor's degree in business, finance/accounting, arts management or other related degree required, or the equivalent combination of education and experience required
- Ability to multitask and prioritize a variety of projects in a busy department required
- Ability to take initiative, be proactive, and follow through on projects required
- Strong organizational skills and ability to be detail oriented required
- Excellent written and oral communication skills
- Strong Microsoft Excel skills required; Prior experience with banking portals or in NetSuite ERP, COGNOS EPM or Rightsline, Alliant a plus
- Prior experience working with contracts, royalties, or theatrical company/general management
- Interest in Theatre, Music or Performing Arts
Benefits
- Comprehensive medical and wellness benefits
- Generous time off
- Parental leave
- Charity match
- Paid time off for volunteering
- Other fun company perks
Company Overview
Company H1B Sponsorship
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