Accounting Manager, Bilingual (English/Spanish)

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:

Universal Music Group (UMG) currently has an opening for an Accounting Manager position within its Central Accounting Services (CAS) division to support three UMLE labels, Latino, Fonovisa/Disa , and GTS/GES.  Reporting to the Senior Director; this position will support the general accounting close cycle of UMLE, as well as assist in the rendering of JVA statements by the newly created 3rd Party Accounting CoE team.  The ideal candidate will have minimum 3 to 5 years of combined frontline general ledger and/or corporate reporting experience, must possess a Bachelor’s degree in Accounting and CPA credentials and Bilingual applicants are preferred.

Our mission in Central Accounting Services is to continually expand our contribution to the organization through team mentorship, individual development, and creative process improvements.  We are looking for an enthusiastic colleague with a dedicated work ethic and a sharp mind.

How you'll CREATE:

In this role, the successful candidate will have the opportunity to participate in a broad array of accounting, analysis and reporting activities, including:

• Support the Senior Director in managing the monthly financial close & reporting processes of  HYPE UMG:

• Assist in managing 3-4 BPO staff in Mumbai to ensure deliverables & work quality is consistent with agreed upon SLA’s (service level agreements)

• Review and/or prepare monthly accruals & allocations.

• Review GL activities for proper accounting.

• Review & approve journal entries & analysis prepared by BPO staff in Mumbai; including balance sheet reconciliations in BlackLine.

• Preparing/reviewing management financial packages, including financial reports, balance sheet reconciliations and supporting analytics to facilitate review of monthly close by senior finance management.

• Review corporate reporting submitted to global consolidation system Hyperion Financial Management (HFM)

• Coordinating with division Finance representatives, as well as other UMG functional departments to stay current with business activity and emerging issues.

• Manage the joint venture/profit participation (JVA) statements cycle:

• Assist 3rd Party Accounting CoE team with the review process to insure that UMLE statements are reviewed, completed, and paid within contractual deadlines.

• Review & reconcile GL activity flowing through the deal statement; and review general ledger adjustments proposed by 3rd Party Accounting CoE team.

• Ensure the accuracy of the financial statements as it relates activity pertaining to JVA contracts

• Provide support to UMLE finance team as necessary to assist in the quarterly forecasts and annual plan process

• Support the preparation and review of financial statements used for UMG tax returns

• Liaise with internal & external auditors and prepare audit schedules as required

• Support special projects, process improvement initiatives & annual SOX testing

Bring your VIBE:

• Bachelors Degree in Accounting is a must, CPA or MBA preferred

• Minimum 3 to 5 years of broad general ledger accounting or corporate reporting experience; public accounting experience preferred

• Experience with SAP or similar general ledger applications

• Strong Excel & Word skills required

• Experience with HFM preferred

• Bilingual preferred; candidate will be working with individuals in Spanish speaking countries.

• Music or Entertainment industry experience a plus

• Strong analytical skills required; along with attention to detail and the ability to effectively multi-task and work under pressure to meet deadlines

• Possess strong oral and written communication skills

• Authorized to work in the US.

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:

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.