Manager, Global Controls and Assurance

Universal Music•Santa Monica, CA

2d•Hybrid

About The Position

The Universal Music Group Internal Control Assurance Department is a recently created team comprised of in-house professionals located at UMG’s Corporate Headquarters in Hilversum, the Netherlands. The department is a true ‘second line of defense’ function and, amongst other things, is responsible for defining internal control requirements, guidance and training. The department deploys different types of monitoring procedures to assess the ongoing effectiveness of the company’s risk and internal control systems. The team reports into the Global Head of Controls Assurance. In their role, team members acquire a strong knowledge of the group, its activities and operations which place them in a strong position to evolve into internal finance management positions in the future.

Requirements

A minimum of 8 years of experience in a combination of public accounting, Internal Control and/or Internal Audit
Prior working experience in finance roles is an advantage
Prior experience working in a global multinational company
Degree from a major university with a major in Accounting, Finance, or Business
Certified Public Accountant and/or other professional certification such as CFE or CIA preferred
Multilingual: Fluent in English. Another language is an advantage, Spanish is highly desirable
Experience with data analytic tools is an advantage
Strong understanding of governance and internal control regulations, including COSO
Good understanding of accounting principles, preferably under IFRS
Knowledge of the role of IT General Controls and application controls
Understanding of operational risk areas and related control strategies
Experience with SAP ERP, BPC and Hyperion FM is an advantage
Excellent verbal, written, and interpersonal communication skills
Strong organizational skills and ability to coordinate multiple tasks concurrently
Effective in working collaboratively with cross functional team members and with external partners
Ability to travel internationally, primarily withing the region, and work independently

Responsibilities

Support in developing, enhancing and executing the annual Internal Control Assurance Programme
Support in developing and implementing continuous improvements in the internal control assurance program
Develop (process) control standards and related testing plans to address existing and new risks
Develop, optimize, and execute test plans to evaluate the design and operating effectiveness of controls
Proactively follow-up and track identified remediation plans required in Operating Companies
Assist Operating Companies with the identification of process control improvement opportunities
Perform deep dive controls assessment for assigned areas
Independently review balance sheets and account reconciliations
Proactively manage relationships with business functions, IT and other compliance teams
The role will involve an amount of international travel
Drive continuous improvements in the internal control assurance program
Manage and monitor progress annual verification of control effectiveness by Operating Companies across the region
Develop and manage the process of monitoring change in company operations and impact on control environment
Plan and perform reviews of regional Operating Companies control processes and documentation
Manage day to day relationships with management members and provide guidance and advice
Facilitate trainings of internal control related topics to Corporate functions and Operating Companies/ Business Units in the region
Proactively manage relationships with business functions, IT and other compliance teams in the region

Benefits

Comprehensive medical, dental, and vision coverage
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
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