Finance Intern, Universal Music Group
AmplifyU
£28.6k
Office located in Kings Cross, London
Music-based entertainment
Job no longer available
Music-based entertainment
1001+ employees
Job no longer available
£28.6k
Office located in Kings Cross, London
1001+ employees
Company mission
To shape culture through the power of artistry.
Role
Who you are
- Aged 18 or over at the time of application, interview, onboarding and placement
- A genuine interest in the music industry and in building a career within it
- A desire to become a finance professional
- A team player who is good at building professional relationships and adapting a personal approach to deal with different personalities who have varying levels of knowledge and skills across the organisation
- Ability to communicate effectively, verbally and in written form
- Strong computer literacy and excellent excel (or equivalent) skills
- Excellent analytical skills
- Flexible with ability to multi-task and prioritise
- Ability to manage own workload in a pressurised environment and work to tight deadlines
- There are no specific academic requirements. We welcome candidates from all backgrounds and experiences
What the job involves
- Duration & Start Date: 18-month Internship, Starting ASAP, finishing September 2027
- Amplify U is our Early Talent Programme at Universal Music Group UK. It helps build a sustainable and inclusive talent pipeline by equipping emerging professionals with real-world experience, industry insight and the skills to forge a career in music
- The Amplify U Internship is a structured, paid programme open to individuals aged 18 and over who demonstrate a strong interest in a career in the music industry. Interns are placed within specific departments and will gain meaningful, hands-on experience while developing professionally and personally through curated development sessions, projects and network-building opportunities
- Interns are placed within specific departments and will gain meaningful, hands-on experience while developing professionally and personally through curated development sessions, projects and network-building opportunities
- Universal Music Group is the world’s leading music company committed to artistry, innovation, and entrepreneurship
- Our extensive catalogue encompasses the most renowned artists globally, and we proudly foster a creative environment that values diversity, inclusion, and excellence. Global finance plays a key role in our company - the team you’ll be working in closely supports the UMG CFO and UMG Board, and provides assistance to the Heads of Finance in the operating companies
- In this position you will be involved in the analysis of the company’s global financial reporting, monitoring and coordinating of the group financial reporting process and monitoring & maintaining finance system rules and perimeters
- The role aims to give you exposure to the two core functions of UMG’s Global Finance team by having a rotation in both Global Financial Reporting team and the Financial Planning and Analysis (FP&A) team
- As part of the Global Financial Reporting team, you will assist in the coordination of the global finance submission process
- You will support on the monthly consolidation process, including collaborating with finance teams across the globe to gather, validate and consolidate data
- You will be involved in the completion of the monthly / quarterly / forecast / plan consolidation processes and procedures including a number of reconciliations, reports and analysis
- You will help in the development and maintenance our monthly processes and controls
- As part of the Global FP&A team, you will assist in the running of monthly management presentations across a range of key analysis areas
- You will use a range of systems to extract key reports to support monthly analysis within the FP&A team as well as for ad hoc analysis
- You will provide commentary and analysis on specific focus areas at both a group and market level
- You will provide additional off-cycle support to the UMG Global FP&A team
- Throughout your internship, you will benefit from:
- A dedicated onboarding experience, including UMG UK immersion and coaching
- A Lumina Spark strengths profile and one-to-one coaching session
- Quarterly soft skills workshops (e.g. presenting, time management)
- Networking sessions with professionals across UMG UK
- Intern shadowing days and unique industry experiences
- Ongoing check-ins and final internship review with career planning support
- Develop your skills in Microsoft excel and other financial tools
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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