Senior Manager, Label Accounting

Reposted 10 Days Ago
Be an Early Applicant
2 Locations
In-Office
69K-141K Annually
Senior level
Music • News + Entertainment
The Role
Manage corporate accounting activities including close processes, third-party reporting, and implementing compliance initiatives while supporting new business initiatives.
Summary Generated by Built In

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:

Interscope Geffen A&M Records ("IGA") is home to some of the biggest artists in the world including: U2, Eminem, Kendrick Lamar, J Cole, Lady Gaga, and many more. As a leader in the music industry, we are always looking for talented and driven individuals to join our family.

How you’ll CREATE

  • Manage corporate close activities and related disclosure requirements

  • Working closely with central accounting team, direct appropriate accounting activities managed by label (revenue recognition, accruals, journal coding, etc.)

  • Review 3rd party JV statements and manage 3rd party queries on issued statements

  • Prepare 3rd party merchandise/ad hoc participation statements

  • Develop and implement key controls and ensure label adherence to corporate control and compliance initiatives

  • Facilitate Inter-Company rebill process working with the business and territories to validate coding and manage approvals for clearing

  • Develop accounting workflow, best practices, and project set up for new business initiatives, research appropriate accounting treatment for different lines of business.

  • Manage accounting support for new business initiatives as needed (approvals, journal entries, corporate reporting)

  • Support business unit T&E approvals/reviews, travel approvals, and product approvals

  • Support product mapping and other product setup research to ensure appropriate internal and external reporting

Bring your VIBE

  • BS in Finance, Economics, or Accounting; CPA strongly preferred

  • Strong financial accounting experience directing application of accounting policies, controls & compliance support, close activities, and third-party reporting

  • 7+ years of relevant work experience in corporate accounting, corporate finance, and/or FP&A

  • Proven ability to quickly learn new industries and concepts. Prior relevant experience in music or entertainment a plus

  • Experience with financial applications and systems preferred such as SAP, HFM, MicroStrategy, etc.

  • Proficiency with MS Office products including advanced skills in excel

  • Great organizational and time management skills, with the ability to prioritize based on evolving workload

  • Strong written and verbal communication skills including summarizing complex analyses to executives and other departments

  • Personable with good teamworking skills

  • Self-starter with ability to think critically and make problem solving decisions

Perks Playlist:

  • Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

  • Comprehensive medical, dental, vision, and FSA options, as well as:

    • 100% coverage for out-patient mental health services

    • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

    • A lifetime fertility support allowance of $30,000 to plan participants

    • Student Loan Repayment Assistance and Tuition Reimbursement

    • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

  • 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

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.
Universal Music Group is an Equal Opportunity Employer

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

For more information, please click on the following links.

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish


Job Category:
Finance & Accounting

Salary Range:

$68,640 - $141,185

The actual base salary offered depends on a variety of factors, which may include, as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.  All candidates are encouraged to apply.

Top Skills

Hfm
Microstrategy
MS Office
SAP
Am I A Good Fit?
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The Company
HQ: Santa Monica, CA
9,189 Employees

What We Do

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.

Universal Music Group's labels include A&M Records, Astralwerks, Blue Note Records, Capitol Christian Music Group, Capitol Records, Capitol Records Nashville, Caroline, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, EMI Records Nashville, Fonovisa, Geffen Records, Harvest, Interscope Records, Island Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Republic Records, Universal Music Latino, Verve Label Group, Virgin Records, Virgin EMI Records, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.).

UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world. Universal Music Group is a Vivendi company.

Why Work With Us

UMG's IT department delivers technology solutions and services that unlock business value and facilitate growth through strategic investment and operational efficiency. Our team is collaborative, dedicated and passionate about the work we do. Here you can work in a dynamic and flexible environment with evolving opportunities to grow!

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