Management Accountant, Universal Music Group
12 Month Fixed Term Contract, Maternity Cover
3-4 days a week in office (Abbey Road, London)
Music-based entertainment
Open for applications
Music-based entertainment
1001+ employees
Open for applications
3-4 days a week in office (Abbey Road, London)
1001+ employees
Company mission
To shape culture through the power of artistry.
Role
Who you are
- A Business/Finance graduate or part qualified Accountant with a proven track record of finance work experience
- Enthusiastic, with an interest in working in music/media
- Numerate with a good attention to detail – used to working with financial data
- Experience of journal preparation and balance sheet reconciliation
- Strong IT skills: Essential – Excel (pivot tables, complex formulas and VBA), preferred – Hyperion, HFM and MS Access
- An interest in developing Excel skills to an advanced level is essential
- Team player, good at building professional relationships. A good communicator across all levels of the business
- Able to manage and prioritise own workload in an often-pressurised environment
What the job involves
- We are looking for a 12 Month Maternity Cover to join the team to provide financial and administrative support to the Finance Director and business support to the Studio Managers at Abbey Road Studios
- Authorisation and approval of budgets, purchase orders and expenses in the purchasing system
- Dealing with supplier and client queries regarding payments and finance requests
- Controlling level of unpaid invoices by liaising with Accounts Payable and departmental staff regarding any queries
- Providing financial coding to the central finance teams
- Main point of contact on internal recharges between Abbey Road and Universal (head office)
- To upkeep and maintain the general ledger
- Arrange urgent manual cheques and immediate transfers as required
- Banking of cash and reconciliations on a weekly basis
- Clearing the disbursement and other ledger accounts monthly including fixed assets
- Main point of contact between IT and the business regarding setting up new starters, granting systems access to staff
- Responsible for the post and general queries with other finance team members
- To ensure all work completed accurately and on time
- Participate, as part of the finance department, in preparation of the following; Monthly management accounts, Month end journal preparation, Month end balance sheet reconciliations, Monthly internal management reports and head office reporting, Quarterly internal management reporting for the UK Board
- Update and maintain internal reporting system including updating actual, forecasts & budgets
- Assistance with KPI Reporting for the Retail Store
- Preparation of quarterly royalty statements to head office
- Assistance with annual auditors’ queries
- Ad hoc analysis and reports as requested by the Finance Director
- Providing internal support and training for supplier invoicing system
- Point of contact for finance reporting on the internal bookings system
- Main point of contact for ongoing development and support of financial reporting systems held internally and within head office
Application process
- We are ideally looking for a candidate who will be available to start at the beginning of May 2025
Salary benchmarks
Our take
Universal Music Group (UMG) was founded in 1998 and it has grown rapidly and steadily since, now establishing a position as one of the "Big Three" record labels (alongside Sony Music and Warner Music Group).
UMG differentiates itself from competitors with its internal links across business functions. Each artist can access the best recording technologies, merchandising services, management services, and live music services, as well as much more. This is not provided by other smaller and even larger companies, meaning UMG is in a unique position to build each artist’s “brand”.
UMG became a publicly traded company in late 2021 and has used funds to finance its international expansion. Valued at over $49.8 billion, this global music leader looks to remain in a strong position for years to come.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Company HQ
Santa Monica, CA
Leadership
Lucian Grainge
(CEO & Chairman)Worked in the music business for his entire career. He has been named the most powerful person in the music business on four occasions in the 2010s by Billboard.
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