Vice President, Finance

Universal Music Group•Philadelphia, PA
•$154,450 - $270,000

About The Position

The Vice President, Finance is a senior financial leader responsible for driving profitable growth, financial discipline, and strategic decision-making across a music merchandise and apparel business operating through eCommerce, wholesale, retail, licensing, and touring channels. The role covers financial planning and forecasting, product and channel profitability, inventory and cost accounting, commercial deal evaluation, and management reporting. The Vice President partners closely with executive leadership and teams across merchandising, eCommerce, retail sales, touring, licensing, production, supply chain, and operations. The ideal candidate brings deep apparel-industry financial expertise, strong commercial judgment, and a practical understanding of operational complexities associated with inventory, product development, fulfillment, royalties, licensing, and multi-channel distribution.

Requirements

  • Bachelor’s degree in finance, accounting, economics, business administration, or a related discipline.
  • Significant progressive finance experience, including leadership responsibility in FP&A, commercial finance, operational finance, or a related function.
  • Substantial experience in the apparel, fashion, merchandise, footwear, accessories, consumer products, or a closely related inventory-based industry.
  • Strong knowledge of apparel economics, including product costing, sourcing, landed cost, inventory management, markdowns, returns, sell-through, and seasonal product lifecycles.
  • Experience leading annual budgets, forecasts, long-range plans, management reporting, and financial performance reviews.
  • Demonstrated ability to analyze profitability by product, channel, customer, artist, program, or business unit.
  • Strong understanding of inventory accounting, cost accounting, inventory reserves, purchase commitments, and working-capital management.
  • Experience evaluating commercial deals, investments, guarantees, royalties, licensing arrangements, or strategic partnerships.
  • Familiarity with ERP and warehouse management systems, specifically SAP, BPC, and Oracle HFM.
  • Experience with financial planning, business intelligence, reporting, or data-visualization systems.
  • Advanced Excel skills, including complex financial modeling, scenario analysis, large datasets, lookups, pivot tables, and structured reporting.
  • Excellent written, verbal, and presentation skills.
  • Demonstrated ability to communicate financial concepts clearly to creative, commercial, operational, and executive audiences.
  • Ability to operate effectively in a fast-paced, entrepreneurial, and deadline-driven environment.

Responsibilities

  • Participate in the annual budget, long-range plan, and periodic reforecast.
  • Partner with commercial leaders to develop revenue targets, margin goals, expense plans, and performance improvement initiatives.
  • Develop integrated financial plans covering revenue, gross margin, operating expenses, working capital, cash flow, inventory, and capital investment.
  • Provide timely variance analysis of actual results compared with budget, forecast, and prior year.
  • Identify key performance drivers, risks, and opportunities and translate them into clear recommendations for senior management.
  • Develop and maintain profitability reporting by artist and business line and evaluate margin performance.
  • Support inventory planning, SKU rationalization, markdown strategies, and end-of-cycle inventory decisions.
  • Partner with business and legal affairs and senior management in deal structuring and negotiation.
  • Support assortment planning, demand planning, pricing decisions, product launches, artist campaigns, tour planning, retail programs, and customer negotiations.
  • Develop executive dashboards and management reporting that provide visibility into revenue, margin, profitability, inventory, cash flow, and operational performance.

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 other expenses, up to $720 per year.
  • Student Loan Repayment Assistance and Tuition Reimbursement.
  • 401(k) with 100% immediate vesting on the first 5% of employee contributions, plus an additional UMG contribution.
  • Flexible Paid Time Off (PTO) for exempt employees.
  • Three weeks of PTO for non-exempt employees.
  • Two weeks of paid Winter Break.
  • Ten company holidays, including Juneteenth and Wellbeing Day.
  • Summer Fridays between Memorial Day and Labor Day.
  • Paid parental leave for every type of parent.
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service