Royalty and Production Accountant
at Allotment Productions
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We're looking for a Royalty and Production Accountant to join an integral part of the Allotment core, helping to keep us running at full steam About You:
- Detail-oriented professional skilled in balancing extensive transactional datasets throughout diverse corporate structures.
- Thrives under strict operational timelines tied to event schedules, effectively juggling responsibilities
- across online stores, production finances, and intercompany recharges.
- Demonstrates exceptional client communication alongside a focus on precise financial record-keeping. Job Role:
- Post AP fixed asset and Stripe/PayPal transactions for the UK entity
- Process store clearing-down transactions on accounts receivable
- Post store-related and management fee transactions for entities
- Record income from royalty
- Perform accruals/prepayments as needed for month and year end
- Complete IOSS submissions where applicable
- Calculate artist, licensing and profit-participation royalties in line with contract terms, and prepare accurate royalty/settlement statements
- Review artist and licensing agreements to confirm royalty rates, commission terms and reporting requirements are applied correctly
- Act as first point of contact for royalty and settlement queries from artists, managers, agents and rights holders, resolving discrepancies in a timely manner
- Manages all royalty accounting for the company and production-related costs and revenue, ensuring nominal ledgers and accruals are accurate and reconciled
- Reconcile royalty calculations against store, retail and touring income to ensure amounts paid out match underlying revenue Expectations:
- Royalty accounting experience
- Part-qualified or qualified accountant
- Retail or production accounting experience an advantage
- Experience preparing royalty, commission or artist settlement statements an advantage
- Comfortable interpreting artist and licensing contracts to apply correct royalty terms
- Strong Excel and Xero skills
- Familiarity with royalty or stock management systems (e.g. Counterpoint/Record Maestro, Curve) an advantage
- Strong customer service or client management skills
- Experience preparing royalty, commission or artist settlement statements an advantage
- Comfortable interpreting artist and licensing contracts to apply correct royalty terms
- Familiarity with royalty or stock management systems (e.g. Counterpoint/Record Maestro, Curve) an advantage Desirables: Experience of working in Artist Management Benefits: £34000—£40000 annually. 20 Days Holiday + 8 Bank Holiday Days Bonus Structure based on team and individual KPI's Christmas company shut down: from 24th Dec till the first full working week in Jan A proactive and supportive approach to Mental and Physical Health UK Company pension scheme
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