Sr. Analyst, Financial

Warner Music•Nashville, TN

6d•$60,000 - $70,000•Hybrid

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: Warner Music Group's Center of Excellence for Shared Services is the home to the financial, legal, and administrative functions that provide critical support and best-in-class services to all U.S. record labels, publishing, and artist & label services divisions. The Nashville center embodies the innovative and creative spirit that stems from the company’s deep history in championing entrepreneurial thinking and artist-focused innovation, enabling our employees to develop a wide range of skills through cross-function collaboration and development opportunities. We’re excited to share this new opportunity for a Sr. Analyst, Participations with strong analytical & financial capabilities, to join our Participations group.

Requirements

BA/BS degree required, preferably in accounting or finance related fields
3-5 years of experience working in a related capacity
Financial statement preparation background
Sophisticated proficiency with MS Excel, working with large data sets and complex calculations
Possess strong problem solving and analytical skills with attention to detail
Effective communication skills, able to work cross-functionally and connect with internal & external partners
Ability to lead multiple priorities, complete tasks with accuracy and deliver under pressure
Ability to understand sophisticated information quickly, breakdown and communicate to others

Nice To Haves

You’re highly efficient, resilient and thrive working in a fast paced, deadline driven environment
It's important that you develop an expertise in the business, you dive into legal agreements, and the interpretation of contractual terms, and can apply this knowledge to analyze, see trends and explain the data
You exhibit a continuous improvement approach, and jump at the opportunity to help transform processes, push boundaries, and innovate
Entertainment, Media, or Music Industry experience working in Participations/Royalties or similar role
Experience working remotely in a Shared Services environment
Technical working expertise with SAP S4 Hana, SAP Analysis for Office, BI, SharePoint

Responsibilities

Prepare, analyze, review, and distribute participation profit share and distribution statements according to contractual agreements
Compile, analyze and review transactional data to support statement reporting
Interpret, and summarize artist and label contracts, create related statements and financial schedules, provide contractual and financial data for deal models and analysis
Apply your financial accounting skills: review profitability analysis, identify variances and trends, build commentary to explain insights from financial statements, perform reconciliations, update cash forecasts and budgets, investigate audit issues and claims, perform tasks as part of the overall close process (includes accruals & true ups to expense, balance sheet transfers & reclasses, recoupments, participation, P&D and merch liabilities, and journal entries)
Follow department financial controls and policies, communicate deficiencies and gaps to management
Maintain vendor master data, input, code & coordinate payments
Build and maintain strong working relationships across the company (up to senior executives), follow up open work items, respond to requests from internal and external partners
Communicate status & raise issues as appropriate to your manager, lead work according to department deadlines, meeting department service levels and important metrics
Learn WMG operational & accounting systems, develop expertise in participations accounting & operations
Contribute ideas to process transformation, innovation, and improvement of team operations
Support our peers, help supervise the team, and demonstrate standard methodologies
Represent and contribute to the culture of the Participations group