Analyst, Audit

Job Description

A little bit about our team:

The US Legal Shared Services organization is based in WMG's Center of Excellence for Shared Services in Nashville, Tennessee. The US Legal Shared Services organization consists of three departments: Audit, Legal, and Publishing. Employees of the Center of Excellence provide services to all of WMG's US record labels, Warner Chappell Music Publishing, WEA Corp. and Alternative Distribution Alliance (WMG's distribution companies), and WMG's other US business units.

The Audit Department is responsible for managing all incoming audits arising from the artist recording agreements, joint venture and participation agreements, publishing license agreements, and union collective bargaining agreements to which WMG's US record labels are a party.

Members of the Department work closely with employees in the Business Affairs, Finance, Production, Operations, New Media, and Marketing departments of each label client to fulfill the above-referenced responsibilities for the recordings and record those labels release.

Your role:

This position will manage all aspects of the audit process, including, without limitation, tracking audit notifications, reviewing and analyzing the claims contained in the audit reports we receive, making recommendations to the relevant WMG internal label clients regarding how to respond to those claims, facilitating settlement negotiations between the party auditing and WMG's internal label clients, and ensuring that any internal accounting entries related to the audit process are made accurately and in a timely manner. 

Here you'll get to:
• Determine and advise WMG label clients of the maximum duration of the period the contracting party is contractually permitted to audit;
• Prepare and distribute audit reserves to WMG label clients;
• Prepare support documentation in connection with the audit fieldwork process, including, without limitation, collecting all relevant data and other information contained in the books and records of the respective WMG label for the audit concerned;
• Assist with the review and analysis of audit claims submitted by the auditor in question, as well as the relevant provisions of the underlying contracts that govern WMG's exploitation of the assets that is at issue in the audit;
• Assist with the development of recommendations for the WMG label client(s) concerned regarding how to respond to the individual claims set forth in each audit;
• Assist with the administration of any and all payments made in connection with the settlement of each audit, ensuring that each is properly recorded in the books and records of the applicable WMG label client(s);
• Input and track of all data related to assigned audits in the Group's consolidated audit tracking spreadsheet; and
• Perform such other duties as you may be asked to perform by the senior management of the Group and the division.

About you:
• Candidates for this position must be able to work well independently and as part of a team;
• Candidates must have strong computer skills, including strong data entry and data analysis skills (with an emphasis on accuracy and problem-solving) and strong proficiency using Microsoft Office's Excel, Word and PowerPoint applications; familiarity with Microsoft Office's Access application is preferred, but not required.
• Candidate must possess excellent verbal and written communication skills;
• Candidate must possess excellent analytical, mathematical and organizational skills;
• Candidate must be able to meet deadlines consistently and effectively while working under pressure; candidate must be able to manage multiple assignments at any given time and prioritize them effectively and appropriately.

We'd love it if you also had:
• Bachelor's degree or equivalent experience required; major in accounting, finance or business is preferred.
• Advanced proficiency with Microsoft Excel including, but not limited to, functions such as macros/automations, conditional formatting, lookup tables, pivot tables, formulas and advanced charting.

#LI-Remote

Salary Range
$24.00 to $27.00 Hourly

Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work - English.pdf

Right to Work - Spanish.pdf

Jobcode: Reference SBJ-rb0z1e-13-58-150-59-42 in your application.