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Royalties Analyst

Company DescriptionX& Business Management (X&BM) is a business-management firm based in Los Angeles. Business management is the profession of running the entire financial life of a client: entertainers, athletes, founders, and cultural figures whose income arrives from many sources, flows through many entities, and touches many advisors. X&BM handles all of it: accounting, bill pay, cash management, payroll, royalty administration, insurance, and tax. The client gets one team, one set of numbers, and one trusted advisor who knows everything about their money and answers the phone when it matters. X&BM is built to deliver accuracy, speed, and discretion without compromise.X&BM is the business-management arm of X&, a financial holding company dedicated to maximizing human potential by operating, investing in, and building businesses at the intersection of capital, influence, and technology. Through X&VC, X& backs exceptional founders and funds with institutional venture capital, global networks, brand support, and go-to-market expertise. X& draws on "Influential Capital," the combination of capital, distribution, access, and trust, to create advantages beyond traditional financing. The company is headquartered in Los Angeles and Tokyo and works alongside partner funds including Aoki Labs, BYL Ventures, HartBeat Ventures, and Markham Valley Ventures. For X&BM's clients, that means a business manager who sits inside a house with capital, deal flow, and relationships that a standalone firm cannot offer.

Role DescriptionThe Royalties Analyst tracks, reconciles, and collects royalty income for X&BM's clients. This is a full-time, on-site role in Los Angeles, reporting to the Royalties Director and working with the Business Managers and Account Executives on each client's book. That means:

• Statement processing. Receiving royalty statements from labels, publishers, distributors, collecting societies, and licensees, loading them into the royalty system, and reconciling every line against the client's contracts and expected income.
• Entitlement tracking. Maintaining each client's map of works, rights, registrations, and deal terms so that every income stream has an expected amount, an expected date, and a payer.
• Collection. Following up on late, short, or missing payments with the payer, and escalating persistent problems to the Royalties Director.
• Registrations. Registering works and rights with collecting societies and distributors, and keeping registrations current as catalogs change.
• Audit support. Assembling statement histories, contract terms, and variance analyses for royalty audits and recovery claims.
• Reporting. Producing royalty income reports for each client and feeding the numbers into the client's cash forecast maintained by the Account Executive.
• Discretion. Handling the income details of public figures with complete confidentiality, every day, without exception.

Qualifications

• Two or more years in royalty administration, music or entertainment finance, publishing administration, or a collecting society.
• Working knowledge of how royalty income flows across recording, publishing, performance, sync, and licensing, and of the major collecting societies and distributors.
• Strong reconciliation and spreadsheet skills, and a habit of checking every line.
• Ability to read a contract and pull out the economic terms.
• A bachelor's degree in accounting, finance, music business, or a related field.
• Fluency in modern financial software.
• Organization, persistence, and follow-through. Collections do not happen on their own.
• Absolute discretion and the highest ethical standards. X&BM's clients are public figures, and confidentiality is non-negotiable.