CashNews.co
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.
Universal Music Group Nashville consists of Capitol Records Nashville, EMI Records Nashville, MCA Nashville, and Mercury Nashville. Reading like a “who’s who” of Music Row, the combined rosters include more than 40 future, current, and iconic hitmakers in country music.
How We LEAD
UMG Nashville is hiring for a Senior Director, Finance. The ideal candidate possesses financial forecasting, analysis, and accounting experience with demonstrated proficiency in detailed financial analysis and reporting, financial systems, management of staff, and communication skills. Position works in office Monday-Thursday.
How You’ll CREATE
- Responsible for the Label’s P&L and related Balance Sheet, which includes the monthly analytical review (reviewing, reconciling, and analyzing the monthly financial results).
- Manage monthly financial close in coordination with Central Accounting Services (CAS), including working with CAS & Corporate Finance to resolve issues, and providing supporting information / schedules where necessary.
- Coordinate & oversee the preparation of the annual plan, corporate forecasts, and variance analysis for Corporate and Business Unit management.
- Develop executive presentations in support of Actuals, Forecast and Plan.
- Expected to enhance and modify models and databases as needed.
- Collect, analyze, and report key performance indicators and highlight trends in margin, artist investment and cash flow.
- Work with UMG Compliance and Audit teams to ensure controls narratives are kept up to date & controls testing is completed and documented regularly.
- Work with external and internal auditors on business unit audits, process audits, SOX compliance reviews.
- Develop reporting and analyses to support decision-making for management and 3rd parties.
- Review Joint Venture, P&D, and D2C (merch/fan club/VIP) statements.
- Special projects as required, including working with other departments across UMG & external partners.
Bring Your VIBE
- Bachelors Degree in Finance or Accounting.
- Minimum 5 years’ experience.
- Hyperion Financial Management/Smartview Reporting, SAP and BPC planning financial application experience/knowledge strongly preferred.
- Proficiency with MS Office products including advance skills in Excel and PowerPoint.
- Must possess experience with monthly close, forecasting, expenses.
- Great organizational and time management skills, with the ability to prioritize based on evolving workload.
- Ability to synthesize complex financial data into actionable insights and recommendations.
- Strong communication skills with the capacity to relay 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.
- Music industry experience preferred.
- Must be a self-starter with the ability to prioritize and effectively follow through under pressure and/or tight deadlines.
- Show integrity, ethics, and a commitment to upholding the highest standards of financial integrity.
- Strong knowledge of IFRS and GAAP required; CPA experience preferred.
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