Manager, Corporate Development and Strategy

Universal Music Group•Santa Monica, CA

1d•$69,870 - $110,052

About The Position

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world. How we LEAD: The Corporate Development and Strategy team is a highly visible team within UMG. The group serves Universal Music Group’s executive leadership, business units/labels and internal stakeholders with projects that span across M&A, strategic planning, artist deals, new business ventures, internal consulting, among others. The team is lean and committed to fostering a workplace culture that is fun, supportive and collaborative. The Corporate Development and Strategy team is looking for the candidate to be based in Santa Monica, CA. The candidate will support the team on deal analyses (including artist/M&A deals) & strategic projects, monitor competitor & market trends, and assist in financial planning. The candidate will have the opportunity to apply strategic and critical thinking in driving growth and profitability across the company’s diverse portfolio of businesses, including recorded music, publishing, merch, D2C, artist services, digital, tech, marketing, etc. The successful candidate is an analytical, proactive, and intellectually curious individual who can identify opportunities/risks, structure analyses, develop solutions and articulate findings. How you'll CREATE: Oversee financial/analytical modeling using valuation techniques, detailed due diligence, and strategic evaluations for potential M&A candidates, artist deals, and business development growth initiatives Support internal strategic analyses by working with department leaders across the company to determine growth initiatives, revenue drivers and cost/investment need ▪ Perform industry and competitive due diligence including market trends and competitive analysis Author and communicate succinct presentations for senior management and other UMG leaders

Requirements

Strong financial modeling experience building operational models, valuations, new ventures, etc. including use of Excel, Word and Powerpoint
5+ years of relevant work experience in finance, M&A, consulting/strategy, or similar field
Proven ability to analyze and communicate complex analyses and key findings for executives
Able to meet deadlines in a fast-paced environment and handle multiple assignments
Able to think critically and make problem solving decisions
Ability to take ownership of and drive forward projects independently
Experience analyzing and diligencing large or varied data sets
High level of intellectual curiosity, especially around music, technology, and entertainment
Highly personable with strong team-working skills
Bachelor’s degree preferably in business, economics or another related field

Nice To Haves

Prior relevant experience in the music industry preferred

Responsibilities

Oversee financial/analytical modeling using valuation techniques, detailed due diligence, and strategic evaluations for potential M&A candidates, artist deals, and business development growth initiatives
Support internal strategic analyses by working with department leaders across the company to determine growth initiatives, revenue drivers and cost/investment need
Perform industry and competitive due diligence including market trends and competitive analysis
Author and communicate succinct presentations for senior management and other UMG leaders

Benefits

Comprehensive medical, dental, and vision coverage
Including 100% coverage for out-patient in-network mental health services
Fertility coverage for eligible medical plan participants
Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)
Student Loan Repayment Assistance and Tuition Reimbursement
401(k) with 100% immediate vesting on the first 5% of your contributions, plus an additional UMG contribution
A variety of ways to prioritize much-needed time away from work including:
Flexible Paid Time Off (PTO) for exempt employees
3-weeks PTO for non-exempt employees
2-weeks paid Winter Break
10 Company Holidays (including Juneteenth and Wellbeing Day)
Summer Fridays (between Memorial Day and Labor Day)
Generous paid parental leave for every type of parent