Director, Financial Reporting & Analysis

Job Description

Job Title: Director – Financial Reporting & Analysis

A little bit about our team:

Corporate Finance is responsible for ensuring compliance with WMG's internal management reporting, external financial reporting requirements, global consolidation, accounting for complex and one-time transactions, and coordination of corporate services, as well as budgeting and forecasting.

Your role:

This position will be responsible preparation of required financial reporting and analysis deliverables and review of Warner Music Group Corp.'s financial statements. The position will report to the SVP, Assistant Controller.

Here you'll get to:
• Oversee the Corporate Reporting and Analysis process encompassing monthly reporting over actual and forecast results. This includes coordination with segment finance leads at Recorded Music, Music Publishing and Corporate to properly report and analyze WMG operating performance.
• Manage the review and preparation of executive materials that summarize the operating performance of the WMG consolidated results and key metrics with comparison to budget, actual and forecast for both the monthly actual and forecasted results.
• Reporting of monthly actual and forecast results through an executive summary and comprehensive email to the Chief Financial Officer and Corporate Controller to discuss key variances to prior year and budget.
• Prepare and review monthly financial summary to the Board of Director for actual results including the Recorded Music, Music Publishing, and Corporate segments including analysis of key variances to prior year and budget.
• Prepare and review quarterly Board of Director presentations for quarterly actual results including the Recorded Music, Music Publishing, and Corporate segments including analysis of key variances to prior year and budget.
• Prepare and review the Management Discussion and Analysis section included in the Form 10-K and Form 10-Q at the consolidated and segment levels to understand and explain comparative results on a quarterly and annual basis.
• Perform financial statements analyses on the consolidated and segment level P&Ls, including revenue line items totaling $6 billion annually, as well as an understanding of cost of sales, SG&A, and margin analysis.
• Coordination with Investor Relations to assist in the development of the quarterly and annual press release and earnings script documents.
• Supervise, develop, and evaluate two direct reports on the financial reporting and analysis team through oversight and review of documentation included in management presentations, communication of status updates, and process improvements to increase overall efficiency during the workday.
• Develop and maintain internal financial control documentation to provide ongoing financial reporting integrity and risk mitigation.

About you:
• Previous experience in either financial reporting or FP&A
• Demonstrates problem solving, decision making, and continuous process improvement skills
• Superior organizational skills with attention to detail
• Demonstrates partnering, influencing, and communication skills up and down the organizational structure to convey key elements in a concise and positive manner
• Ability to work proactively, independently and as a strategic partner in a team environment
• Previous supervisory experience a plus

We'd love it if you also had:
• CPA preferred and Big Four a plus
• 10+ years professional experience with experience in FP&A and/or financial reporting
• Large multi-national experience a plus
• Strong computer skills with knowledge of financial systems and software
• Bachelor's degree in Accounting/Finance or equivalent

Effective October 1st, this position will require being in the office 4 days a week. We believe that an in-office presence is critical for talent development, collaboration and building strong relationships.

#LI-Onsite

Salary Range
$165,000 to $185,000 Annually

Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work - English.pdf

Right to Work - Spanish.pdf

Jobcode: Reference SBJ-rzbb21-98-80-143-34-42 in your application.