About Warner Music Group: With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word, as well as Warner/Chappell Music, one of the world’s leading music publishers, with a catalog of more than one million copyrights worldwide.
Department Description: The Finance Department at WMG is responsible for overseeing all of the financial operations of the company in partnership with the finance groups within the individual affiliates within Warner Chappell. The department provides financial reporting, accounting, planning, budgeting, and financial compliance and auditing for the company.
High Level Job Description: Oversight for MP month end and quarterly end close, FP&A (budget, forecast and flashes), cash forecasting, topsides (includes revenue eliminations), and head office department costs.
Detailed Job Description/ Responsibilities:
Oversee the worldwide Music Publishing (“MP”) budget, forecast and flash process (including submissions, deliverables, and meetings).
Prepare consolidated worldwide MP budget and forecast presentations for MP executive management.
Participate in MP forecast/budget meetings and manage any resulting deliverables/action items from meetings, include debrief with attendees.
Prepare and present overall MP cash forecast update to Corporate CFO on a weekly basis (13 week trailing cash flow).
Complete overall review of the MP actual monthly and quarterly results.
Discuss results with business unit finance (Finance Directors) to understand variance from expectations.
Process information at a summary level for discussion with executive management team.
Participate in investor relations quarter close meetings to discuss Q&A, script and SEC filings (including MD&A discussion).
Final review and approve ad hoc analysis to MP management and third parties.
Manage financials for MP corporate and executive overhead departments and monitor overall overhead spend compared to expectations (forecast/budget).
Review quarterly head office invoicing processes.
Provide financial guidance to MP executive management.
Continue to develop relationships with business unit finance teams as a reliable business partner.
Supervise team and provide timely performance feedback.
Continue to improve processes and deliverables based on executive management’s changing needs.
Pro-actively develop new reporting procedures and streamline current processes.
Desired Skills & Experience
Minimum of 10+ years of professional experience, preferably with some mixture of experience within public accounting and a large global company.
Proficient knowledge of GAAP and related financial reporting regulations and standards.
Strong leadership skills with the ability to work under pressure and cultivate and develop key relationships.
Strong analytical skills with the ability to present financial information effectively and in a creative manner.
Strong organizational skills with the ability to multi-task and delegate as needed.
Strong oral and written communication skills are required along with the ability to influence others and interface with external contacts, internal management, and staff.
Proven organizational efficiencies and business process re-engineering skills. Excellent customer service skills.
Willingness to travel.
Excellent Excel skills required.
Experience with SAP and HFM a plus.
A Bachelor’s degree in Accounting and a CPA certification is required.
Our Company is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national Origin, alienage or citizenship, disability, marital status, familial status, military or veteran status, or any other legal recognized protected basis under federal, state or local laws, regulations or ordinances.
Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws and the Company complies with all applicable reasonable accommodation requirements which such laws may require. Accordingly, please inform the Company’s Human Resources representative if you need an accommodation in order for you to complete any employment application-related forms or otherwise to participate in the application or selection process for the position for which you are applying. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity and will enable applicants to participate in the application and selection process and for employees to perform the essential functions of their jobs without imposing undue hardship on our Company. The Company also will make reasonable accommodations to an applicants or employee’s religious beliefs and practices as may be required by law, unless an undue hardship would result.
Warner Music Group Corp. comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available. WMG is engaged in the recorded music business (including artist services) and the music publishing business.WMG is a global leader in national and international repertoire and home to some of the best-known labels in the recorded music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros., Warner Music Nashville and Word. In addition to its U.S. labels, WMG operates through numerous affiliates and licensees in more than 50 countries. Our recorded music business includes our growing artist services business, which offers artist management, merchandising, touring, fan clubs, VIP ticketing, sponsorships and brand endorsements, and numerous third-party solutions that facilitate the sale of music-based content directly to consumers. Our artist services business works with WMG artists as well as artists not otherwise signed to WMG labels. Our primary music publishing business, Warner/Chappell Music, is one of the world’s leading music publishers, with a catalog of more than one million songs from more than 65,000 songwriters, and includes Non-Stop Music, a full service music production library company. In recent years, we’ve grown to become the world’s third-largest recorded music business and third-largest music publishing business and, during a time of dramatic industry transition, have established ourselves as one of the music industry’s most successful companies.