Regional Finance Manager

Finance & Accounting Singapore, Singapore Req. UMG-5620


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 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.

Role Summary

Seeking a passionate, highly motivated and experienced finance professional with the agility and flexibility to support and business partner with a team responsible for a group of high-growth companies across South East Asia in a fast-changing industry.

Reporting to the Regional CFO, the candidate will be responsible for the accounting and reporting of the regional office, active in supporting local business units in a broad range of activities including finance projects, strategic analysis, new deals and acquisitions at a regional level for UMG to meet its strategic ambition. The candidate will participate in the annual budget, forecast, statutory / tax reporting and compliance exercises.

About the role

Planning and reporting

  • Lead monthly close and reporting, forecast and plan of the Regional office
  • Participate in the statutory audit process of the Regional office
  • Review Opco financials, application of accounting policy and GAAP, including statutory accounts review and tax computation to ensure compliance
  • Perform regular review of Opco Balance Sheet and improve quality of reconciliation and support from BPO (WNS in China and India)
  • Provide timely analysis of monthly report, including dashboard, cost ratio, KPI to present the financials to various stakeholders for decision making

Business Control

  • Interpret financials for management and identify potential risks & opportunities with the ability to drive performance accountability and risk mitigation strategies
  • Coordinate and support Group transactions including dividends, cost recharge with Inter-companies, including reviewing for transfer pricing and relevant indirect taxes
  • Support frontline (A&R and Marketing) by preparing relevant P&L and advise on financial performance of projects and marketing spends
  • Manage regional office cost and approvals, advise department head on budgeted spending and drive cost savings as needed
  • Guide, support and develop Finance Operations and Royalty functions regionally
  • Support Treasury, banking and cash planning process across the region
  • Perform ad-hoc analysis and projects including business planning for future acquisitions
  • Provide direct support to local markets as required

Projects and Process review

  • Perform financial, internal controls and compliance review to ensure best practice and complying with Global procedures
  • Be an agent of change, identity process improvement, drive better reporting and procedures across the markets, ensuring quality control in all finance deliverables
  • Lead Finance and Royalty Projects, including system or process implementations as the Project Manager and main liaison with Global project owners
  • Drive an open and proactive communication with Global Finance to ensure group requirements can be managed in an effective & timely manner

Desirable Traits:

  • University degree, with ACCA/CPA equivalent
  • 8+ years in relevant Finance related roles
  • Ideally Entertainment, Consumer Goods / Services or Digital industry knowledge
  • Project & Process Management Expertise
  • Able to manage work with multiple time zones (EU, US)
  • Able to lead and motivate finance team members
  • Demonstrate strong attention to detail (critical) and able to query/identify inconsistencies and challenge idea constructively
  • Able to work independently and yet possess strong teamwork ethos
  • Strong written, communication and presentation skills
  • Skilled at relationship management with maturity to handle multiple stakeholders with diverse cultures and occasionally stressful environment
  • Deep accounting/finance understanding and IFRS knowledge. US GAAP is a plus.
  • Strong technically in Excel, PowerPoint, Hyperion (HFM) and SAP
  • Excellent analytical and financial modeling skills with strong business acumen
  • Can-do attitude, with a hands-on approach to problem-solving and able to work under pressure. Able to deliver on time.

Interested? Please follow the link to submit your application today!
Note: Only shortlisted applicants will be contacted.

About us:

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries.

Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.

UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world. Universal Music Group is a Vivendi company.