Accounting Manager, Global/Center JVs

Finance & Accounting Woodland Hills, California Req. UMG-1266


Description

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.

UMG currently has an opening for a Manager of Accounting within its Central Accounting Services division.  This position supports the general accounting close cycle and 3rd party reporting process for UMG’s major label or global/ center third party joint venture, profit participation or distribution deals.

Our mission in Central Accounting Services is to continually expand our contribution to the organization through team mentorship, individual development, and creative process improvements.

Job Functions:

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

  • Preparing and reviewing third-party contractual statements for major artists that have joint venture, profit split or distribution agreements with UMG
  • Monitor and analyze accounting data affecting such agreements to ensure accurate accounting presentation in UMG’s consolidated financial statements and result in accurate contractual statements to the third party
  • Prepare and/or approve month-end general ledger close journal entries
  • Perform and/or review month end supporting reconciliations and analysis
  • Coordinate with other departments to research and resolve accounting issues and inquiries
  • Support ad hoc requests for joint venture, profit participation or distribution deal statements as required, based on requests from auditors, legal department or finance department
  • Coordinate and complete audit requests as needed

Job Requirements:

Skills/Abilities:

  • Experience in participation statements preferred
  • CPA candidate and/or public experience a plus
  • Exposure to enterprise General Ledger applications such as Hyperion/HFM, SAP/BW
  • Strong Excel & Word skills required, experience with Excel formulas such as vlookup and pivot tables at a minimum
  • Strong oral and written communication skills
  • BPO/working in an outsourced environment experience is a plus
  • Able to handle multiple assignments, meet deadlines and think analytically

Experience:

  • 5 to 7 years of general ledger accounting or corporate reporting experience

Education:

  • Bachelor’s Degree in Accounting from an accredited university

Universal Music Group is an Equal Opportunity Employer.

Disclaimer

This job description only provides an overview of job responsibilities that are subject to change.