Staff Accountant
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 Universal Music Group (UMG) currently has an opening for a Staff Accountant position within its Royalty Accounting Group division. This position will support the royalty accounting functions for the U.S. Division of Bravado Merchandising Service Group. The ideal candidate will be a driven self-starter and possess a Bachelor’s degree in Accounting or Finance. Our mission in Royalty Accounting Group is to continually expand our contribution to the organization through team mentorship, individual development, and creative process improvements. We are looking for an enthusiastic colleague with a dedicated work ethic and sharp mind. 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: Performing monthly royalty calculations and accruals in accordance with contractual terms and accounting standards Reconciling royalty statements to Artist Sub-ledger in GL Preparing and posting monthly journal entries using SAP and ServiceNow Creating and maintaining detailed supporting schedules Conducting GL account reconciliations and variance analysis Collaborating with other internal departments to research and resolve royalty accounting issues and inquires Preparing monthly artist studies and analyzing the activity Communicating with label finance representatives to stay current with royalty related activity Supporting various special projects and process improvement initiatives Bring Your VIBE Bachelors Degree in Accounting or Finance, CPA or MBA a plus Strong Excel skills required; Macros or PowerQuery experience a plus Strong analytical skills required; along with attention to detail and the ability to effectively multi-task and work under pressure to meet deadlines Logical thinker with the ability to identify and solve problems efficiently Highly motivated and eager to learn, grow, and take on new challenges Possess strong oral and written communication skills Experience with SAP or similar general ledger applications a plus Authorized to work in the US
Requirements
- Bachelors Degree in Accounting or Finance, CPA or MBA a plus
- Strong Excel skills required; Macros or PowerQuery experience a plus
- Strong analytical skills required; along with attention to detail and the ability to effectively multi-task and work under pressure to meet deadlines
- Logical thinker with the ability to identify and solve problems efficiently
- Highly motivated and eager to learn, grow, and take on new challenges
- Possess strong oral and written communication skills
- Experience with SAP or similar general ledger applications a plus
- Authorized to work in the US
Nice To Haves
- CPA or MBA a plus
- Macros or PowerQuery experience a plus
- Experience with SAP or similar general ledger applications a plus
Responsibilities
- Performing monthly royalty calculations and accruals in accordance with contractual terms and accounting standards
- Reconciling royalty statements to Artist Sub-ledger in GL
- Preparing and posting monthly journal entries using SAP and ServiceNow
- Creating and maintaining detailed supporting schedules
- Conducting GL account reconciliations and variance analysis
- Collaborating with other internal departments to research and resolve royalty accounting issues and inquires
- Preparing monthly artist studies and analyzing the activity
- Communicating with label finance representatives to stay current with royalty related activity
- Supporting various special projects and process improvement initiatives
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
Entry Level
