Warner Music Group
Overview
Job Title: Manager, Finance
Warner Music Group (WMG) is a global music company that values creativity and collaboration. We are committed to creating a work environment that actively values, appreciates, and respects everyone and encourage applications from people with a wide variety of backgrounds and experiences.
Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of an agile independent.
Your role The Finance Manager will be an integral member of the ADA Worldwide team, working closely across Finance, A&R/Content Acquisition, and Business & Legal Affairs, gaining exposure to various elements of a music company. Everyone at ADA is given the opportunity to participate in special projects and make a meaningful impact on the ADA business.
Responsibilities
Manage the end-to-end deal analysis process for target artist and label distribution deals, including preparation and review of financial models (DCF), postmortem analyses, and presentations for C-Suite and Board level deal approval processes.
Consult with A&R and Business Affairs to propose new deal structures or terms, and implement changes within active deal models.
Partner with A&R in maintaining up-to-date financials within the ADA deal pipeline, and communicate changes and updates across ADA deal team as required.
Support Finance and Business Development/M&A teams with financial modeling of catalog acquisition targets.
Support Finance Sr. Director with A&R cash forecasting, including managing current period payment status, forecasting of future cash commitments, and variance analysis of actual vs projected cash spends.
Prepare deal recoupment analyses to determine recoverability of outstanding advances in compliance with internal control requirements.
Create & maintain financial schedules/dashboards to provide insight into new deal performance and consumption trends.
Collaborate across ADA to implement new processes and technology to improve deal pipeline and workflow efficiency.
Maintain and develop relationships with the ADA roster of distributed artists & labels.
Participate in ad-hoc/special projects, as required.
Qualifications
You have a bachelor’s degree in Finance or Accounting
You have 3-5 years of experience in a finance, accounting, or similarly analytical role
You have advanced knowledge of Excel and underlying financial modeling tools
You have experience working with SAP, HFM, Tableau, or other data analytics tools
You enjoy working in a fast paced and rapidly changing environment
You have a proven record of financial analysis and effective communication skills
Preferred
A CPA or MBA
Experience in the media & entertainment industry
Experience working independently, managing competing priorities and problem solving
The ability to quickly grasp new concepts and take initiative
A passion for music
About us As the home to 10K Projects, Asylum, Atlantic Music Group, East West, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. Our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalog of more than one million copyrights worldwide. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. In addition, WMG counts Warner Music Entertainment among its brands.
Together, we are
Warner Music Group: Independent Minds. Major Sound.
Application To apply, use the Apply button at the top of the page, or apply directly with your LinkedIn. If applying with LinkedIn, you can import profile information and still upload a resume and cover letter.
Warner Music Group is an Equal Opportunity Employer.
This position requires a minimum of four days per week in the office. We value in-office collaboration and believe it is essential for talent development and fostering strong working relationships.
Salary Range $85,000 to $100,000 annually. Salary ranges are included where required by law. The actual base pay is dependent upon factors such as work experience and business needs and is subject to change.
Links to relevant documents have been provided where applicable during the posting process.
#J-18808-Ljbffr
Warner Music Group (WMG) is a global music company that values creativity and collaboration. We are committed to creating a work environment that actively values, appreciates, and respects everyone and encourage applications from people with a wide variety of backgrounds and experiences.
Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of an agile independent.
Your role The Finance Manager will be an integral member of the ADA Worldwide team, working closely across Finance, A&R/Content Acquisition, and Business & Legal Affairs, gaining exposure to various elements of a music company. Everyone at ADA is given the opportunity to participate in special projects and make a meaningful impact on the ADA business.
Responsibilities
Manage the end-to-end deal analysis process for target artist and label distribution deals, including preparation and review of financial models (DCF), postmortem analyses, and presentations for C-Suite and Board level deal approval processes.
Consult with A&R and Business Affairs to propose new deal structures or terms, and implement changes within active deal models.
Partner with A&R in maintaining up-to-date financials within the ADA deal pipeline, and communicate changes and updates across ADA deal team as required.
Support Finance and Business Development/M&A teams with financial modeling of catalog acquisition targets.
Support Finance Sr. Director with A&R cash forecasting, including managing current period payment status, forecasting of future cash commitments, and variance analysis of actual vs projected cash spends.
Prepare deal recoupment analyses to determine recoverability of outstanding advances in compliance with internal control requirements.
Create & maintain financial schedules/dashboards to provide insight into new deal performance and consumption trends.
Collaborate across ADA to implement new processes and technology to improve deal pipeline and workflow efficiency.
Maintain and develop relationships with the ADA roster of distributed artists & labels.
Participate in ad-hoc/special projects, as required.
Qualifications
You have a bachelor’s degree in Finance or Accounting
You have 3-5 years of experience in a finance, accounting, or similarly analytical role
You have advanced knowledge of Excel and underlying financial modeling tools
You have experience working with SAP, HFM, Tableau, or other data analytics tools
You enjoy working in a fast paced and rapidly changing environment
You have a proven record of financial analysis and effective communication skills
Preferred
A CPA or MBA
Experience in the media & entertainment industry
Experience working independently, managing competing priorities and problem solving
The ability to quickly grasp new concepts and take initiative
A passion for music
About us As the home to 10K Projects, Asylum, Atlantic Music Group, East West, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. Our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalog of more than one million copyrights worldwide. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. In addition, WMG counts Warner Music Entertainment among its brands.
Together, we are
Warner Music Group: Independent Minds. Major Sound.
Application To apply, use the Apply button at the top of the page, or apply directly with your LinkedIn. If applying with LinkedIn, you can import profile information and still upload a resume and cover letter.
Warner Music Group is an Equal Opportunity Employer.
This position requires a minimum of four days per week in the office. We value in-office collaboration and believe it is essential for talent development and fostering strong working relationships.
Salary Range $85,000 to $100,000 annually. Salary ranges are included where required by law. The actual base pay is dependent upon factors such as work experience and business needs and is subject to change.
Links to relevant documents have been provided where applicable during the posting process.
#J-18808-Ljbffr