Director, Strategic Finance

1 Month ago • 6 Years + • Finance • $89,550 PA - $164,817 PA

Job Summary

Job Description

The Director, Strategic Finance at Virgin Music Group (VMG), a subsidiary of UMG, will spearhead global improvement and business integration projects. Reporting to the VP in Miami, this NYC-based (3-4 days/week in-office) role requires managing strategic analyses, implementing VMG's strategic goals, developing financial models, and communicating project progress to senior management. Responsibilities include optimizing business processes, identifying cost reduction opportunities, collaborating with various departments, and managing communications with label/artist partners. The ideal candidate will possess strong analytical and organizational skills, advanced Excel proficiency, and experience in finance, accounting, or consulting.
Must have:
  • 6+ years relevant experience
  • Advanced Excel skills
  • Strong analytical & organizational skills
  • Project management experience
  • Financial modeling expertise
  • Excellent communication skills
Good to have:
  • Music industry experience
  • Experience in cost reduction initiatives
  • Experience working in a global organization
Perks:
  • Comprehensive medical, dental, vision
  • 100% coverage for outpatient mental health
  • Wellbeing reimbursements
  • Student loan repayment assistance
  • Tuition reimbursement
  • 401k match
  • Flexible PTO
  • Paid parental leave
  • Summer Fridays

Job Details

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:

The Strategic Finance & Business Optimization team at Virgin Music Group [VMG] spearheads global improvement and business integration projects, constructing comprehensive execution plans with a strong focus on finance and global strategy.  The Director role will report to the team’s VP and will be based at our New York City office with an in-office presence of 3-4 days/week.  (Note: VP is located in Miami, FL.)

How you'll CREATE:

The ideal candidate will be a proactive person with exceptional organizational skills and a strong analytical mindset.  This role will work across many business verticals, driving forward global projects and ensuring timely execution of strategic deliverables.

  • Manage internal strategic analyses by working with department leaders across VMG and wider UMG to determine growth and integration initiatives, business process optimization and global cost reduction.

  • Drive forward implementation of VMG’s strategic goals by managing workstreams and tracking project initiatives.

  • Develop financial models and create concise presentations to communicate project progress to VMG senior management and other UMG leaders.

  • Recommend best practices for improving current processes to facilitate better decision making, team communication, and cost savings.

  • Proactively identify potential opportunities, evaluate strategic implications, and initiate related analyses.

  • Manage finance related communications with label/artist partners and internal UMG stakeholders to ensure transparency of strategic goal achievement.

Bring your VIBE:

  • Minimum 6+ years of relevant work experience in finance, accounting, consulting/strategy or similar field

  • Prior relevant experience in the music industry preferred

  • Ability to take ownership of and drive forward projects independently

  • Superior Excel skills and advanced proficiency Microsoft Office Word, PowerPoint, Outlook, and other office tools

  • Strong organizational skills and attention to detail, with the ability to successfully prioritize multiple tasks with minimal oversight

  • Excellent critical thinking and problem-solving abilities

  • High level of intellectual curiosity, especially around music, technology, and entertainment

  • Highly personable with strong team-working skills

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:

$89,550 - $164,817

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.

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