Senior Accountant, Warner Music Group
Finance Transformation, 12 Month Fixed-Term Contract
4 days a week in office (Wrights Lane, London)
Entertainment and record label company
Be an early applicant
Entertainment and record label company
1001+ employees
Be an early applicant
4 days a week in office (Wrights Lane, London)
1001+ employees
Company mission
To foster a culture of innovation and inclusion for their people, artists, and songwriters across the globe.
Role
Who you are
- ACA/ACCA/CIMA (or equivalent) qualified
- Experience working in a SOX controlled environment preferred
- Strong work-ethic and a self-starter who proactively seeks out new solutions
- Ability to multi-task and prioritise projects working well under pressure
- Detail oriented with strong Excel skills
What the job involves
- The Senior Accountant (Finance Transformation) will be responsible for working with both our financial transformation (FIT) team and business-as-usual finance, ensuring that the output of the new ERP system (SAP S4 Hana) is consistent with current state processes and that our group transfer pricing policy is being adhered to in the new environment
- Gain an understanding of Warner Music Group's internal transfer pricing policies and associated accounting entries relating to revenue, royalties and management fees
- Manage the initial accounting and subsequent analysis of the financial postings generated by the new revenue processing system
- Perform advanced tasks and analyses required for each testing cycle within the new ERP. Apply knowledge gained of existing processes to the system output and validate the accuracy of the new financial postings
- Maintenance and management of data tables including cross reference tables within SAP/Vistex, utilised by the system to automatically post accounting entries
- Perform direct reviews of the consolidated output of the new system at a group level, using our consolidation tool (Hyperion)
- Review all balance sheet accounts postings, and work with our Order-to-cash and tax teams to ensure that system generated accounting documents are in line with the requirements of local legislation
- Perform accounting and financial analysis related to various revenues and expenses applied to revenue and cost of goods sold, including artist and copyright royalty expense, marketing and overheads. Ensuring correct presentation in accordance with UK and US GAAP as necessary
- Ensure compliance with SOX requirements, working closely with internal audit upon roll-out of the new ERP. This may involve assisting with preparing and reviewing internal and external audit documentation for both management and statutory accounts
- Maintain strong relationships with finance personnel of affiliates/business units, the GBS OTC, RTR and Revenue teams and the Transformation team as well as other divisions within WMG, working with each of these teams to ensure a cohesive output
- Promote a culture of continuous improvement
- Other ad-hoc tasks as defined by line manager
- 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
Application process
- End Date: April 30, 2025
Salary benchmarks
Our take
Warner Music Group (WMG) is a music and entertainment conglomerate that operates in more than 70 countries through its network of affiliates and licensees. As one of the “big-three” recording companies, it is a leader in the global music industry.
As the company looks forward to the future of music and technology, it has been focusing on its Web3 expansion within the Metaverse, creating new partnerships with a growing number of blockchain platforms – including The Sandbox, OpenSea, and OneOf. WMG is also expanding into gamification and is set to enable signed artists to release music NFTs through the Polygon-based marketplace LGND Music.
With the appointment of tech veteran and former Chief Businesses Officer at YouTube, Robert Kyncl, as its new CEO, WMG is further proving its dedication to breaking into the future of Web3 in an all-encompassing way, and it is well set to replicate its “real-world” success within the metaverse.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Flexible Work Options
Company values
- Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
- Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere
- Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future
- Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career
Company HQ
Theater District, New York, NY
Articles
Leadership
Robert Kyncl
(CEO, not founder)Former Chief Business Officer at YouTube, VP of Content at Netflix and was an International Manager at HBO.
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