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Finance Manager

Company: Warner Music Group
Location: Los Angeles
Posted on: November 22, 2021

Job Description:

WMG's top priority is the safety and wellbeing of its team members, artists and songwriters across the globe. In response to COVID-19, WMG is fully committed to helping its people balance their home and life commitments with flexible working options, virtual wellness sessions, and more. WMG strives to maintain a COVID-free workplace. To that end, being fully vaccinated against COVID-19 is a condition of employment for all US new employees, prior to the commencement of employment. If you are hired, you will be required to provide proof of your vaccination as part of your new employee onboarding process, subject to our legal obligation to make reasonable accommodations in certain limited circumstances. Job Description: At Warner Music Group we're all about our people. Our global company is made up of knowledgeable, passionate, and creative individuals. Our commitment to Diversity, Equity and Inclusion fosters a culture where you can truly belong, contribute, and grow. We believe in each individual's value and encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity. It is the mission of every member of the WMG team around the world to create a nurturing environment for artists, songwriters, and the people behind the music - at every stage of their career. We strive to set WMG apart by embracing innovation - an integral part of our company's DNA. Consider a career at WMG and be a part of one of the most influential forces in culture today.-- Job Title: Finance Manager A little bit about our team: Our Finance team supports all aspects of financials for Rhino Entertainment, as well as Global Catalog initiatives that touch US and UK frontline labels. We're a tight-knit team where you'll gain experience from a variety of backgrounds and have exposure to many areas within company. Why this could be your next big break: As Finance Manager you'll be gaining finance experience in an exciting industry. You'll work alongside not only the finance team including the CFO, but be an integral partner with other executives in the company. With focus on marketing, sales and P&Ls, you'll be given unique insight into a range of departments including our Content and Marketing teams. All while working in our energizing DTLA office. Here you'll get to: KEY POINT PERSON FOR SHALLOW CATALOG/FRONTLINE PROCESS:

  • Work closely with content and marketing teams on frontline sales and marketing campaigns
  • Track release schedule for sales and marketing campaigns
  • Lead budget meetings with content and marketing teams to budget costs for releases and campaigns
  • Act as key liaison with the frontline labels for budget approvals
  • Create P&Ls as needed to determine profitability ratios
  • Monitor and track spend mid-month to ensure proper budget targets are being met and not exceeded.
  • Forecast sales results and track actuals for performance evaulation
  • Maintain marketing files
  • Create spend reconciliations for projects/departments as needed.
  • PO review and approval: check if budget is approved and if coding is correct.
  • Manage Frontline cost bill back process
  • Month end close processes - complete journal entries as needed; Actualize sales and spend in the month.
  • Work directly with VP of Finance and CFO explaining variances MARKETING OPERATIONS LEAD FOR RHINO RECORDS:
    • Work closely with content and marketing teams on Rhino catalog campaigns
    • Lead budget meetings with content and marketing teams to budget costs for releases and campaigns
    • Act as key liaison with the CFO for budget approvals
    • Monitor and track spend mid-month to ensure proper budget targets are being met and not exceeded.
    • Maintain marketing files
    • Create spend reconciliations for projects/departments as needed.
    • PO review and approval: check if budget is approved and if coding is correct.
    • Month end close processes - complete journal entries as needed; Actualize spend in the month.
    • Work directly with VP of Finance and CFO explaining variances FINANCE-MISC:
      • Be able to train users on Ariba / SAP / Concur. Understand system functions and capabilities to be able to get new users set up and learn the system About you:
        • --Strong finance background with a minimum of four years of experience
        • Strong analytical skills, very proficient in systems and advanced excel functions.
        • The right person for this position must be able to work well under pressure and have the ability to meet deadlines and pay close attention to detail.
        • The position also requires someone who is highly organized with a strong ability to multi-task, a self-starter, but someone who takes direction, works well with change and is a team player.
        • A leader who is able to chase down information from various sources in a timely manner while keeping a positive and professional disposition. It would be music to our ears if you also had:
          • Music or Entertainment Industry experience
          • Finance and/or Accounting degree About us: With its broad and diverse roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, East West, Elektra, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics and Warner Chappell Music, one of the world's leading music publishers with a catalogue of more than one million copyrights worldwide. For more than four decades, WMG has been an industry-leading force in providing a world-class array of services designed to help artists and labels grow their careers and their businesses. Artist & Label Services is the umbrella for WEA (Warner-Elektra-Atlantic) - the pioneering WEA distribution and marketing network - and Alternative Distribution Alliance (ADA) - the ground-breaking global distribution company for independent artists and labels. Love this job and want to apply? Click the "Apply" link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter. Don't be discouraged if you don't hear from us right away. We're taking our time to review all resumes, and to find the best people for WMG. Thanks for your interest in working for WMG. We love it here, and think you will, too. WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law. Warner Music Group is all about our people. We are one global company made up of the most knowledgeable, passionate, and creative people in our business. It is the mission of every member of the WMG team around the world to create a nurturing environment for artists, songwriters, and fellow employees at every stage of their career. We strive to set WMG apart from the rest of the industry by embracing a philosophy of innovation that is part of our company's DNA. Consider a career at WMG and be a part of one of the biggest forces in music today. Similar Jobs Applicant Personal Information Protection Notice

Keywords: Warner Music Group, Los Angeles , Finance Manager, Executive , Los Angeles, California

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