Azhad Syed has over 5 years of experience in finance, royalty analysis, and administration roles in the music industry. He received a B.S. in Communication from Northwestern University with a focus on radio, TV, and film as well as a minor in sound design. Currently he is the Finance Manager at 88rising where he forecasts sales and budgets, develops financial reporting systems, and ensures royalty payments are accurate and compliant.
Azhad Syed has over 5 years of experience in finance, royalty analysis, and administration roles in the music industry. He received a B.S. in Communication from Northwestern University with a focus on radio, TV, and film as well as a minor in sound design. Currently he is the Finance Manager at 88rising where he forecasts sales and budgets, develops financial reporting systems, and ensures royalty payments are accurate and compliant.
Azhad Syed has over 5 years of experience in finance, royalty analysis, and administration roles in the music industry. He received a B.S. in Communication from Northwestern University with a focus on radio, TV, and film as well as a minor in sound design. Currently he is the Finance Manager at 88rising where he forecasts sales and budgets, develops financial reporting systems, and ensures royalty payments are accurate and compliant.
Azhad Syed has over 5 years of experience in finance, royalty analysis, and administration roles in the music industry. He received a B.S. in Communication from Northwestern University with a focus on radio, TV, and film as well as a minor in sound design. Currently he is the Finance Manager at 88rising where he forecasts sales and budgets, develops financial reporting systems, and ensures royalty payments are accurate and compliant.
B.S. In Communication, Major in Radio/TV/Film (June 2017) Minor in Sound Design Concentration in Media Arts and Game Design GPA: 3.52/4.00 Dean's List Recipient (2015-2017)
Work Experience
88rising – Los Angeles, CA
Finance Manager – June 2019 – Present – Forecasts Record Sales, Merch Profits & Budgets, and Tour Profits for 88rising’s various business units – Develops and maintains 88rising’s financial BI systems to report CPM, sales decay, and other label/publishing KPI’s – Accounts line-level budgets for recording & marketing projects, media productions, and music videos produced in- house – Develops Oracle NetSuite implementation plan and best practices for financial system migration through late 2019-early 2020 – Reports financials to royalty admin firm and ensures balances are accounted and paid to artists and third parties and comply with all contracts
Universal Music Group – Woodland Hills, CA
Royalty Analyst, May 2018 – June 2019 – Accounted royalties for Capitol/Republic Artists, focusing on: Cash Money Records (Drake, Nicki Minaj, Lil Wayne, Tyga); Quality Control Music (Migos, Lil Baby, Lil Yachty); and additional support for full UMG roster – Analyzed royalty data sets, metadata and label copy information to optimize accounting practices for precision and speed – Spearheaded departmental automation initiatives for "Unmatched" royalty backlog – Briefed third party agreements for royalty and JV term – Provided diligence and support on the Lil Wayne Settlement and other high-profile litigation cases
Spirit Production Music – Studio City, CA
Royalty Administration Coordinator, July 2017 to May 2018 – Managed royalty processing and administration in CounterPoint for 250+ managed publisher accounts – Reviewed artist agreements and licenses to define rates and guide calculation analysis in accounting proofing stages – Compiled reports and documents for private annual audits including licenses, royalty statements and CounterPoint exports – Deployed Python and VBA scripting to automate statement ingestion, distribution calculations and data reconciliation, increasing day-to-day efficiency by up to 8x prior standards – Developed and administered in-house royalty tracking engine to analyze broadcast performance royalties of top networks/shows – Trained interns to process statements in CounterPoint, as well as provide advanced Excel and VBA mentorship where applicable
Skills
– Programming: Java, Python, SQL, VBA
– Office Software: Oracle NetSuite, Expensify, Bill.com MS Office (Advanced Excel), FileMaker, CounterPoint – Foreign languages: Mandarin Chinese