Manager, Finance

Warner Music GroupNew York, NY
1d$80,000 - $100,000Onsite

About The Position

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. A little bit about our team: WMX, is a services division that is intended to connect artists with fans and amplify brands. WMX is creating immersive, innovative, and impactful experiences, while empowering artists to grow their careers and deepen their vital connections with their fans.. WMX is designed to provide our artists and labels with a deep, dynamic range of services – covering everything from streaming to merch to branded content and beyond. We’re excited to bring artists, audiences, and advertisers together in powerful ways through the five key functions that work together to maximize reach and impact: Commercial Services, Media Business, Artist & Fan Experiences, E-Commerce & Retail, and Audience Strategy. Your role: Reporting to the Director of Finance, Artist and Fan Experiences, this position is a key member of the WMX Merchandise and Commerce Finance Team responsible for the financial reporting and analyses of the artist services businesses. This role will work closely with the Global Finance Teams, Corporate Finance, Shared Services Center Accounting, IT, Legal and Business Leads responsible for the management of the portfolio of businesses under the artist services umbrella including eCommerce, Tour, Retail, Licensing and VIP experiences businesses.

Requirements

  • Strong analytical skills and ability to work through problems logically
  • Excellent organizational and effective communication skills
  • Highly proficient in advanced Excel skills and Microsoft Office Suite, SAP & HFM experience a plus
  • Excellent attention to detail and accuracy
  • Driven and flexible approach to work
  • Ability to work to strict deadlines
  • College Degree in Accounting or Finance required, CPA a plus
  • 7+ years of experience in a finance or accounting role

Nice To Haves

  • Finance transformation / process re-design / consulting experience a plus

Responsibilities

  • Preparation and financial analyses for the WMX Merch business including the monthly close, forecast and yearly budget submissions.
  • Monthly actual and forecast variance analysis to Budget, Prior forecast and prior year
  • Prepare, analyze and submit the monthly corporate cash consolidation files
  • Financial deal modelling
  • Prepare and review month end reconciliations and journal entries.
  • Monitor D2C suspense sales and help resolve material issues
  • Manage Tour & VIP statement preparation and distribution to ensure alignment with contractual obligations
  • Review monthly warehouse statement preparation and payment
  • Review Artist merch and tour statements to ensure their accuracy and conformity to contractual agreements
  • Consolidation and analyses of WMX reporting; maintaining divisional KPIs and communicating results
  • Implementation of technical accounting policies and operationalizing financial accounting structures for new business models
  • Development of financial and operational reports required to support business leads
  • Analytical review and preparation of financial and operational reports presented to senior management
  • Managing relationships with external partners including Legal, Operations, Production, Accounting, Treasury
  • Support and facilitation of Finance Transformation and Process Improvement Projects
  • Implementing and maintaining SOX controls
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