Senior 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: 

The Interscope Capitol Labels Group (“ICLG”) team is looking for a full-time Senior Director to be based in Santa Monica and Hollywood, CA. The Senior Director will be responsible for all deal evaluations for the Interscope Capitol Labels Group (“ICLG”) team. The successful candidate is an analytical, proactive, and intellectually curious individual who can identify opportunities/risks and articulate findings. The Senior Director position is a highly visible role that will report to the Chief Financial Officer of ICLG and work closely with the EVP / Head of Business & Legal Affairs of ICLG.

How you’ll CREATE:

• Manage financial and strategic analysis of all recorded music artists, joint venture, buy-out, and distribution deals by collaborating with different business units to model investment returns and establish strategic rationale.

• Manage approval process for executive approval-level deals and follow through with post-mortem analyses post-execution.

• Provide unbiased partnership and a financial lens to critical decisions that will have long term impacts on deal making.

• Work with UMG and external Audit teams to ensure deferred balances are supported.

• Collect, review and ensure the accuracy of artist, joint venture, and distribution P&Ls to support decision-making for management.

• Provide financial guidance on music and merchandise pricing in retail and D2C channels.

• Expected to enhance and modify financial models as needed.

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

Bring your VIBE:

• BS in Finance, Economics or Accounting.

• Music industry experience preferred.

• Strong analytical and problem-solving skills required.

• Minimum 5-8 years’ finance-related experience in corporate finance, consulting, business development, or other analytical role.

• Deep understanding of finance and cash flow concepts/principles as well as NPV and IRR calculations.

• MicroStrategy and SAP financial application experience/knowledge preferred.

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

• Must possess apolitical experience with deal evaluation.

• 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.

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

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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.