Royalty & Commercial Accountant

2 weeks ago


กรงเทพมหานคร, Thailand Universal Music Group Full time

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.

About this role

Royalty accounting- Responsible for accurate and timely internal and external royalty reporting by agreement and in aggregate- Provide monthly artist report - Royalty, Profit &Loss, Advance, endorsement, synch deal etc.- Being the contact point for partner & artist on royalty calculation clarification- Ensure that artist & partner royalty is calculated according to artist/partner contract whether it’s digital income, synchronization income, etc., while ensure that CARLOS processing is complete and correct- Monthly closing - Lead royalty accrual, reconciliation, reporting, while manage the public performance from Phonoright reporting- Reports as required by Global Clearing House

IT- Responsible for IT assets requisition and destruction

Commercial Accounting (Physical products & Merchandise)- Lead commercial accounting process - making sure that P&L is approve, setting up product & vendor master, generating PO for commercial team, day/month end processing, and controlling stock movement- Work closely with Commercial team to ensure that the control of physical and merchandise sales process is in place

Desirable Traits:
- University degree in Accounting or Finance- Preferably with at least 5 years of accounting experience with exposure to Royalty accounting- Fluent in Thai & English- Deep accounting & finance understanding with strong IFRS knowledge- Demonstrate strong attention to detail (critical) and possess strong organizational skills and motivated- The ability to identify potential problems, propose creative and effective solutions, and bring the proposed/approved solutions to successful completion from a total Company perspective- Good written, communication skilled at relationship management with maturity to handle multiple stakeholders with diverse cultures and occasionally stressful environment- Good competency in MS Excel, SAP

Note: Only shortlisted applicants will be contacted.

About us:
Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries.

Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.

UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world.

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