VP, Finance

Job Description:

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 know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses: 
• Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
• Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.
• Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
• Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career.
We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.
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.

Job Title: VP, Finance
 
A little bit about our team:
Our Finance team supports all aspects of financials for Rhino Entertainment, as well as Global Catalog initiatives around the world. We’re a tight-knit team where you’ll gain experience from a variety of backgrounds and have exposure to many areas within company.

Your role:
This position will be responsible for leading the FP&A (Financial/Managerial accounting) function of Rhino finance which includes the delivery of timely and accurate actuals and forecast. You’ll manage the finance team, and work closely with the CFO and other executives in the company. All while working in our energizing DTLA office.

Here you’ll get to:
• Lead the FP&A function to deliver timely Budget and Forecasting, which includes roll up of sales and revenue lines, calculation of variable costs, Overhead, Marketing and A&R costs – including Corporate Reporting, & Management Reporting.
• Lead Quarterly/Monthly closes including preparation/approval of various monthly/quarterly close entries. Requires working closely with the Center of Excellence and reviewing various analyses provided to ensure activity is properly recorded.
• Perform variance and margin analysis to ensure accurate forecasts and determine causes of fluctuations; Review other variance analysis prepared by finance staff to manage results.
• Ensure timely receipt/review of information to meet various Corporate and Management deadlines.
• Engage Sr. Management by sharing performance results; Prepare close and forecast summaries for executive level management
• Review and approve Artist Payments (P&D, JV and royalty statements), POs, PRs, Check requests
• Serve as key SOX control owner for all critical areas including recoupment analysis
• Review new licensing deals for appropriate revenue accounting treatment under corporate revenue recognition standards
• Perform cash forecasting based on input from key label departments (ie: BA)
• Coordinate A&R contractual payments to ensure timeliness and proper accounting treatment
• Field audit requests
• Design and implement process improvements and efficiencies related to finance
• Manage the finance team providing direction and mentorship
 
About you:
• Proficient in Excel, Word, with preferred experience in SAP and Hyperion.
• Strong decision making, problem solving, organization and analytical skills 
• Ability to adapt and thrive in a rapidly changing environment
• Detail oriented and ability to work under pressure/tight deadlines.
• Excellent oral and written communication skills needed in interacting with Corporate and other internal/external parties.
• Possess strong analytical skills in reviewing accounting transactions.
• Demonstrated ability to lead, manage and develop staff
• Self-starter
• Integrity, trust and responsibility
We’d love it if you also had:
• CPA, preferable but not required, with four or more years public accounting experience 
• 10-15 years experience in Finance or Accounting
• Music or Entertainment Industry experience
• Bachelor’s Degree in Accounting/Finance 
About us: 
As the home to 300 Elektra, Asylum, Atlantic, East West, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide. Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels. 
Together, we are Warner Music Group: Music With Vision & Voice. 

Love this job and want to apply?

Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
 
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.

Salary Range$175,000 to $200,000 AnnuallySalary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law.

Copyright © 2023 Warner Music Inc.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work .pdf