Analyst, Audit

Job Description:

At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we turn dreams into stardom and audiences into fans. We are guided by three core values that underpin everything we do across all our diverse businesses: 

● Curiosity: We do our best work when we’re immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future. 

● Collaboration: Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans. 

● Commitment: We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we’re committed to keeping the faith, acting with integrity, and delivering on our promises. 

WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences. 

Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent. 

Job Title: Analyst, Audit

Based on prior experience, the skill assessed during the interview process and with the approval of the VP, Americas Service Center, the role can be filled at as Sr. Analyst level position.

A little bit about our team:

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