Senior Staff Accountant

6 Minutes ago • 3 Years + • Account Management • Finance

About the job

Job Description

The Senior Staff Accountant at UMG's Central Accounting Services supports Joint Venture and Participations reporting. Responsibilities include drafting financial reports, preparing journal entries in SAP, supporting process improvements, assisting with audits, responding to third-party inquiries, preparing JVA statements, and maintaining strong inter-divisional relationships. The role requires experience with general ledger accounting, royalty reporting, and third-party agreements. Success demands strong analytical, communication, and multitasking skills.
Must have:
  • Bachelor's degree in Accounting/Finance
  • 3+ years of general ledger or corporate reporting experience
  • Experience with SAP or similar GL applications
  • Strong Excel and Word skills
  • Strong analytical and communication skills
Good to have:
  • CPA
  • Music or Entertainment industry experience
Perks:
  • Comprehensive medical, dental, vision benefits
  • 100% coverage for outpatient mental health
  • Wellbeing reimbursements
  • Student loan repayment assistance
  • 401k match
  • Flexible PTO
  • Paid parental leave

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 a Senior Staff Accountant position within its Central Accounting Services division. This position supports the Joint Venture and Participations reporting cycle within UMG’s record label division. The ideal candidate will have more than 3 years of frontline general ledger and/or royalty reporting experience and possess a bachelor's degree in Accounting/Finance; a CPA is a plus.

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 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 but not limited to:

  • Drafting internal financial reports and supporting analytics for label's high profile third-party joint ventures.

  • Preparing journal entries to true up General Ledger to JV statements using SAP.

  • Supporting special project and process improvement initiatives.

  • Assist with preparing and/or providing information required for JVA audits.

  • Work with management to prepare additional back up in response to Third Party inquiries.

  • Prepare JVA statements and supporting schedules to ensure statement is prepared in accordance with contractual terms of the deal and within the due dates specified in the contract.

  • Prior exposure to 3rd Party agreements.

  • Maintain strong working inter-divisional relationships with members of the Accounting, Label, and Legal departments, as well as 3rd party statement recipients.

Bring your VIBE:

  • Bachelors Degree in Accounting/Finance a must, CPA preferred

  • More than 3 years of broad general ledger accounting or corporate reporting experience

  • Experience with SAP or similar general ledger applications

  • Strong Excel & Word skills required

  • 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:

Finance & Accounting

Salary Range:

$46,819 - $84,608

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.

View Full Job Description
$46.8K - $84.6K/yr (Outscal est.)
$65.7K/yr avg.
Los Angeles, California, United States

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