Director, Finance

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:

Virgin Music Group (VMG) is the world’s leading partner to independent labels and artists who require a standalone team with global infrastructure and local expertise in every major music market around the world. Virgin Music Group offers compelling, efficient, and highly flexible global solutions with the most advanced marketing technology available for independent record labels and artists who want to succeed.

VMG is hiring for a Director Finance. This position reports to the VP Accounting & Finance, and will be based at our Beverly Hills office (interim office). This role works in office 3-4 days a week.

How you’ll CREATE:

• Manage the monthly financial close in coordination with Central Accounting Services (CAS), including review of results, working with CAS & Corporate Finance to resolve issues, and providing supporting information / schedules where necessary.

• Review and ensure the accuracy of financial statements (P&L, Balance Sheet, Cash Flow).

• Work with the CFO and VP, Finance to coordinate & oversee the preparation of the annual plan, corporate forecasts, and variance analysis for Corporate and Business Unit management.

• Develop executive presentations in support of Actuals, Forecast and Plan in conjunction with Global team.

• Create, enhance and modify models as needed.

• Collect, analyze, and report key performance indicators and highlight trends in margin, artist investment and cash flow.

• Support Financial Operations (Accounts Payable), including review / approval of vendor information, invoices, expenses & rush requests.

• Develop reporting and analyses to support decision-making for management and 3rd parties.

• Special projects as required, including working with other departments across UMG & external partners.

Bring your VIBE:

• BA in Finance or Accounting.

• Music industry experience preferred.

• Strong analytical and problem-solving skills required.

• Minimum 5 years’ experience in FP&A and accounting roles.

• Hyperion Financial Management/SmartView Reporting, SAP and BPC planning financial application experience/knowledge preferred.

• Proficiency with MS Office products including advance skills in Excel and PowerPoint.

• Must possess apolitical experience with monthly close, forecasting, expenses.

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

• Strong communication skills with the ability to relay information to executives and management, while being sensitive to confidential information.

• Strong interpersonal and teamwork skills, including adaptability, personal effectiveness, and the ability to establish quick rapport.

• Must be a self-starter with the ability to prioritize and effectively follow through under pressure and/or tight deadlines.

• Strong knowledge of IFRS and GAAP required; CPA experience preferred.

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

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Job Category:

Salary Range:

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.