Senior Director, General Accounting
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 Central Accounting Services (CAS) division is responsible for ensuring the accuracy, integrity, and transparency of all financial activities across the business. This includes managing core processes such as revenue recognition for streaming, physical sales, and licensing, as well as complex areas like artist royalties, participations, and catalog acquisitions. This role will focus on general accounting activities as described below. Success in the Central Accounting Services (CAS) division at Universal Music Group means adhering to procedures to ensure financial accuracy, collaborating effectively, and continuously seeking improvements. Team members use their accounting expertise to prepare and review statements, apply company standards, and identify key trends. Strong data skills are needed to analyze issues and present clear findings. Building effective partnerships with stakeholders is essential to deliver insights that support daily operations and UMG’s mission to delight and entertain fans worldwide. How you’ll CREATE: In this role, the successful candidate will have the opportunity to participate in a broad array of accounting analysis and reporting activities, including:
Requirements
- Bachelor’s degree in Accounting required; CPA or MBA strongly preferred.
- Minimum 7 years of cost accounting or general ledger accounting in a managerial position; public accounting experience is a plus.
- Proficiency with ERP/accounting software (SAP preferred) and financial reporting platforms (e.g., HFM).
- Advanced Microsoft Excel skills and experience with data analysis.
- Strong analytical skills, attention to detail, ability to effectively multi-task and work under pressure to meet deadlines.
- Strong oral and written communication skills
- Authorized to work in the US.
Nice To Haves
- Prior experience in music and/or entertainment is highly preferred.
Responsibilities
- Oversee preparation of management and statutory reports and ensure alignment with UMG policies and department requirements.
- Ensure the accuracy and completeness of internal and external financial reporting through robust review procedures, reconciliations, and variance analysis.
- Effectively manage and coordinate task schedules of on- and off-shore team members to drive timely and efficient completion of month-end close activities.
- Monitor effectiveness of close operations and drives continuous improvement initiatives.
- Lead the resolution of complex close-related matters, ensuring standardized processes and consistent application across all teams
- Advise stakeholders on the interpretation and application of existing accounting policies and the impact of new or amended accounting standards.
- Cultivate strategic partnerships across UMG departments and with external stakeholders.
- Manage external and internal auditor relationships and assist with resolution of audit findings.
- Champion the use of financial analytics in support of business decisions.
- Oversee applicable control environment, ensuring controls remain effective and relevant.
- Assist the evaluation and implementation of new technologies or systems to improve efficiency and accuracy.
- Lead initiatives to automate processes and optimize system workflows.
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
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What This Job Offers
Job Type
Full-time
Career Level
Director
