Senior Manager, Label Accounting

15 Minutes ago • 7 Years + • Accounting • $68,640 PA - $141,185 PA

Job Summary

Job Description

Universal Music Group is the world’s leading music company, committed to artistry, innovation, and entrepreneurship. This role at Interscope Geffen A&M Records involves managing corporate close activities, directing label accounting, reviewing 3rd party statements, and preparing participation statements. The Senior Manager will also develop and implement key controls, facilitate inter-company rebills, and support new business initiatives, ensuring adherence to corporate compliance and best practices.
Must have:
  • Manage corporate close activities and related disclosure requirements
  • 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
Good to have:
  • CPA strongly preferred
  • Prior relevant experience in music or entertainment a plus
  • Experience with financial applications and systems such as SAP, HFM, MicroStrategy
Perks:
  • Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit
  • Comprehensive medical, dental, vision, and FSA options
  • 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
  • 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

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:

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

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

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About The Company

We are Universal Music Group, the world’s leading music company. We are the home for music’s greatest artists, innovators and entrepreneurs.

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