Careers

Royalties Assistant

As a royalties assistant, you will track and manage royalty accounting and report for external writer royalties as well as internal accounting.

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Also known as:

Royalties Coordinator
Royalties Accountant

Skill Level:

Entry level

What does a Royalties Assistant do?

As a royalties assistant, you will track and manage royalty accounting and report for external writer royalties as well as internal accounting. It requires a highly organised person and someone who can work across multiple enquiries at once. You will be analysing income statements and ensuring that all new released products and songs information is updated within the royalty system.

Watch and read (links to videos /cases studies):

How Music Royalties work: https://iconcollective.com/how-music-royalties-work/
Detail about different royalties: https://www.thebalancecareers.com/understanding-music-royalties-2460924

What’s a Royalties Assistant good at?

  • High organisation
  • Strong time management
  • Proficient in Excel
  • Ability to multi-task
  • Strong analytical mind
  • Strong numeracy skills

Tools of the trade:

  • http://www.curveroyaltysystems.com/
  • MS Excel

Who does a Royalties Assistant work with?

You will be working with the copyright team, and business affairs team to ensure client data, information and royalty flow is maintained in compliance with writer contracts.

How do I become a Royalties Assistant?

Get a degree in: Economics, Finance, Music or Music Business / Management or an analytical subject (Non-Essential)

At School or College: Economics, Business Studies, Music or an analytical subject

Look for an apprenticeship within: a music publishing company

You might also be interested in: Training / Workshops / Courses on Royalties, Music Business and Finance

Search for jobs:

Volunteer work always give you a good idea of the music industry, also a chance to network with music professionals.

If you’re a student or recent graduate currently seeking work experience or a paid internship within one of the Music Publishers Association Publisher Member companies you can fill out a form and upload any supporting documents by clicking here. All information collected here will only be shared with MPA Publisher Members and will be destroyed after 6 months.

There are many different websites that advertise work experience and internships within the music industry, such as The Big Music Project, UK Music and Arts Council England. You can take a look at UK Music’s Careers Pack here. The MPA endorses UK Music’s Internship Code of Conduct and do not support unpaid internships.

For further information about music publishing please go to https://mpaonline.org.uk/

 

For more inspiring ideas on careers in the Creative Industries check out: https://discovercreative.careers/#/