Cornelius "Neil" Batts Email & Phone Number

Boston

Cambridge, MA

• Managed all music royalties for a top video game studio (creators of Guitar Hero, Rock Band, and Dance Central). Led royalties system implementation and conversion. Collected and verified all incoming sales. Tracked.
• Reduced annual cost of royalty processing by 97% - saving company $136k annually. Implemented in-house royalty system (Record Maestro by Counterpoint) converting all data from outside royalty provider.
• Decreased the administrative costs of royalty processing by instituting ACH Transfer for US customers, eliminating the need for paper checks, and transitioning multiple payees to a minimum payment threshold.
• Managed college interns, hiring and mentoring college students interested in learning the music business.

Waltham MA

• Senior financial analyst for SAAS Company. Processed and tracked commissions and sales for all products. Provided monthly detailed dashboard analysis to management. Developed and monitored sales incentive programs and.
• Developed, designed, and maintained monthly dashboard analysis.
• Increased efficiency of monthly dashboard reporting through the use of scripts to extract data from various sources.
• Recouped commissions for unpaid invoicing.
• Created database of all products sold in the company’s history. Researched and compiled from multiple sources (including paper files). Produced detailed reporting of customer trends, dollar growth of customers and.
• Wrote scripts in Visual Basic to extract monthly order data from Contrax/Softrax system and compared against Salesforce data.

Cambridge, MA

• Royalty manager for independent roots record label group. Processed all royalties – Book, Music Artist, Licensing, Songwriter, and Publishing. Read and interpreted artist contracts to determine proper royalty payment.
• Project-managed re-implementation of royalty system. Working together, team repaired system bugs, processed late royalty payments, and ensured that future payments were made on time and with accuracy.
• Led project to reduce the number of “on hold” payee accounts. Engineered 66% reduction in on-hold accounts and escrowed royalties, and fostered a better working relationships with artists.
• Enhanced weekly SoundScan reporting of Rounder album sales, showing sales patterns and trending. Model now used regularly by company Controller and CFO for financial and strategic planning purposes.
• Wrote several scripts in Visual Basic, resulting in faster accessing of data needed for processing royalties.
• Researched and compiled sales data used to save Rounder Records $2.5 million in legal settlement costs.

Framingham, MA

• Staff accountant for specialty audio equipment manufacturer and retailer. Performed accounting function for more than 150 retail stores across the United States. Reconciled cash accounts, performed Capital and Asset.
• Reduced bank fees by 30%, performing systematic review of all store cash accounts, removing unused services, and negotiating lower fees. Achievement recognized by internal improvement rewards program.
• Implemented online electronic reporting for numerous banks – decreasing processing time by 80% while increasing accuracy.
• Streamlined bank data download process, writing Visual Basic code to reduce weekly processing from 25 minutes to ten seconds.
• Managed Bose Gift Card account reconciliation, tying gift card redemptions back to gift card issued.

Foxboro, MA

• Financial analyst for global industrial automation, transportation, and controls group. Processed and tracked worldwide commissions and US sales for Measurement & Instrument Division. Provided detailed financial.
• Managed smooth transition to new commission reporting system and instituted new electronic distribution system for sales reports.
• Collected $550,000 due Invensys through the discovery of previously unnoticed contract clause. Designed program to continue collections automatically.
• Awarded special recognition bonus for collecting $1.3 million in unpaid invoices.
• Created detailed sales order database in MS Access, resulting in accurate, flexible and timely sales reporting for Invensys sales managers.

Wellesley, MA

• Accounting systems coordinator for national discount designer clothing retailer. Prepared General Ledger financial statements via Accpac and managed budget. Processed month and year end closings for 45 stores.
• Designed and modified interfaces for interdepartmental upload of data into general ledger systems, increasing efficiency by 300%.
• Reprogrammed expense report scripts using Paradox, decreasing run time from five hours to 45 minutes.
• Managed smooth implementation of Software 2000 general ledger system, including formatting financial reports. Authored comprehensive training manual of new GL system.
• Promoted three times during tenure at company, moving from junior logistics position to senior-level accounting position, training and mentoring junior employees.

Bachelor Of Science, Business With A Concentration In Accounting

Education record

Education record