Royalty Accountant | Playbill

Royalty Accountant

CATEGORY: Administrative

Music Theatre International
New York

CONTACT NAME

Laura Marshall

Job Details

DESCRIPTION

About MTI

Music Theatre International (MTI) is one of the world's leading theatrical licensing agencies, granting theatres from around the world the rights to perform the greatest selection of musicals from Broadway and beyond. Founded in 1952 by composer Frank Loesser and orchestrator Don Walker, MTI is a driving force in advancing musical theatre as a vibrant and engaging art form.

MTI works directly with the composers, lyricists, and book writers of these musicals to provide official scripts, musical materials, and dynamic theatrical resources to over 70,000 professional, community and school theatres in the US and in over 60 countries worldwide.

Job Summary
The Royalty Accountant is responsible for handling royalty reporting, analysis, and payments at MTI. In this role, you will support the finance teams in providing useful and actionable insights as well as provide outside vendors with accurate and timely reports and payments.

This full-time role reports to the Director of Royalty Accounting and Reporting and is based in New York City.

Essential Duties and Responsibilities
  • Perform timely close activities, which include creating and posting journal entries, reviewing and uploading royalty data, and generating royalty statements
  • Evaluate information gathered from multiple sources, reconcile and resolve conflicts, deconstruct high-level information into details, and validate data
  • Royalty contracts:
    o Receive incoming royalty contracts
    o Search multiple systems for confirmation of contract details
    o Review for accuracy; interpret and code new royalty contracts
    o Configure system to calculate royalty earnings according to contract
  • Handle contract amendments, issues, and discrepancies
  • Coordinate with other departments to resolve royalty accounting matters and inquiries
  • Maintain the current royalty database by creating new royalty contracts, monitoring royalty rates, updating contact information, and other provisional changes
  • Support the accounting department with account reconciliations and data analysis
  • Coordinate with other departments to resolve royalty accounting matters and inquiries
  • Support external and internal auditors with annual audits and audit requests
  • Other ad hoc royalty, accounting, and reporting projects
  • Knowledge, Skills and Abilities
  • 2-3 years of experience and a bachelor’s degree in accounting or equivalent experience
  • Expert competency with MS Excel (can perform complex functions)
  • Systems and technical experience
  • Solid knowledge of basic accounting principles with royalty accounting experience a plus
  • Strong analytical and problem-solving skills
  • Effective at writing and presenting analyses
  • Account reconciliation

    What we have to offer:
  • Health insurance package, including dental and vision
  • 401k with employer contribution and commuter benefits
  • Paid holidays and vacation days
  • Occasional tickets to professional theatrical productions and industry events
  • A passionate staff committed to the advancement of the performing arts and education

    Diversity/EEO statement
    Music Theatre International does not discriminate in employment on the basis of race, color, religion, gender, national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service, or any other non-merit factor. We welcome and encourage applications from individuals from communities historically underrepresented in the theatre industry.

    COVID-19 Precautions
    MTI prioritizes the health and safety of its employees, customers, and authors. MTI’s health and safety policies in the office will be consistent with federal, state, and local guidelines.

    Applying
    To be considered for this position, please email a resume and a cover letter with salary requirements to employment@mtishows.com.

SALARY

$50,000-$55,000

HOW TO APPLY

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