Financial Analyst

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.

Analyst, Participations

A little bit about our team:

Warner Music Group's Center of Excellence for Shared Services is the home to the financial, legal, and administrative functions that provide critical support and best-in-class services to all US record labels, publishing and artist & label services divisions. The Nashville center embodies the innovative and creative spirit that stems from the company's deep history in nurturing entrepreneurial thinking and artist-focused innovation, enabling our employees to develop a wide range of skills through crossfunction collaboration and development opportunities. We have transitioned to a hybrid work schedule at this time, allowing our employees to work a combination of in-office and virtual days. These work arrangements will be periodically reviewed based on business needs. We currently have a fantastic opportunity to join our highly sought-after Participations group.

Why this could be your next big break:
• You're highly efficient, resilient and thrive working in a fast paced, deadline driven environment
• Working together with your team, you consistently meet deadlines and exceed expectations
• Each day, you balance the important with the urgent, while remaining focused on upcoming deadlines, and proactively communicate anticipated hurdles to your manager
• Handling large volumes of financial data is your jam, you take pride producing accurate, quality work that displays an attention to detail
• It's important that you develop an expertise in the business, you dive into legal agreements and the interpretation of contractual terms, and can apply this knowledge to analyze, see trends and explain the data
• You exhibit a continuous improvement mindset, and jump at the opportunity to help transform processes, push boundaries, and innovate
• Music is everything! You're passionate about our artists, driven to provide first class customer service to both internal and external partners, and are known for your responsiveness and going the extra mile
• You inspire, support, share ideas, and learn from those around you

High-Level Job Description:

Prepare and distribute participation profit share, distribution (P&D), and merchandise statements on behalf of WMG's recorded music labels and subsidiaries according to contractual agreements.

Here you'll get to:
• Prepare, analyze, and distribute participation profit share and distribution statements according to contractual agreements
• Compile and review transactional data to support statement reporting
• Interpret, and summarize artist and label contracts, create related statements and financial schedules, provide contractual and financial data for deal models and analysis
• Apply your financial accounting skills: review profitability analysis, identify variances and trends, create commentary to explain insights from financial statements, perform reconciliations, update cash forecasts and budgets, investigate audit issues and claims
• Follow department financial controls and policies, communicate deficiencies and gaps to management
• Maintain vendor master data, input, code & co-ordinate payments
• Build and maintain strong working relationships across the company (up to senior executives), follow up open work items, respond to requests from internal and external partners
• Communicate status & escalate issues as appropriate to your manager
• Learn WMG operational & accounting systems, develop expertise in participations accounting & operations
• Represent and contribute to the culture of the Participations group

Rockstar candidates will have:
• BA/BS degree required, preferably in accounting or finance related fields
• 0-2 years of experience working in a related capacity
• Advanced proficiency with MS Excel, working with large data sets and complex calculations
• Possess strong problem solving and analytical skills with attention to detail
• Effective interpersonal skills, able to work cross-functionally and communicate with internal & external stakeholders
• Ability to manage multiple priorities, execute tasks with accuracy and deliver under pressure
• Ability to understand complex information quickly, breakdown and communicate to others

It would be music to our ears if you also had:
• BA/BS degree required, preferably in accounting or finance related fields
• 0-2 years of experience working in related capacity
• Experience handling large datasets, ability to perform complex calculations
• Entertainment, Media, or Music Industry experience working in Participations/Royalties or similar role
• Financial statement preparation background
• Technically savvy, exposure to SAP S4 Hana, MS Teams, SharePoint

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.

Jobcode: Reference SBJ-gq8q56-3-138-33-178-42 in your application.