Assistant Accounting Analyst, North America Finance at Universal Music Group

Santa Monica, California, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Music, Entertainment, FinanceIndustries

Requirements

Relevant experience in the finance industry with a strong interest in accounting
Bachelor’s degree, including some accounting classes preferred
Proficient in Microsoft Office with strong Excel skills (pivot tables, advanced formulas, ability to handle formula errors)
Self-motivated, proactive, and resourceful
Takes initiative, can learn to work independently
Thinks independently and critically, with excellent oral and written communication skills
Solid analytical, organizational, and problem-solving skills
Music industry knowledge a plus

Responsibilities

Assist in the day-to-day administrative support for the North America Finance team
Prepare and/or update financial schedules using Excel, including monthly report / journal entry preparation, downloading reports from general ledger, accounting support
Assist in monthly close and forecast process by updating financial schedules, compiling financial reporting packages and providing variance analysis assistance
Run reports from UMPG’s internal Business Intelligence and royalty system to assist with financial reporting
Compile and distribute monthly T&E reports to department heads
Maintain division organizational charts and headcount overviews
Liaise with other UMPG Departments for expense / billing support inquiries
Coordinate travel arrangements, compose travel itinerary and manage/update calendars for internal meetings
Maintain and submit expense reports for department head in a timely fashion
Other duties include special projects and ad-hoc requests as assigned, including organizing department team events

Skills

Excel

pivot tables

advanced formulas

financial schedules

journal entry preparation

variance analysis

financial reporting

Business Intelligence

royalty systems

Microsoft Office

Universal Music Group

Global music recording, publishing, and distribution

About Universal Music Group

Universal Music Group (UMG) operates as a major player in the global music industry, engaging in recording, publishing, and distribution across over 60 countries. The company works with a wide range of clients, from famous artists like Elton John and Taylor Swift to new and independent musicians. UMG's operations include selling physical and digital music, streaming services, licensing music for various media, and organizing live performances. The company signs artists to contracts, produces their music, and manages their publishing rights, while also offering marketing and promotional services to help artists expand their reach. UMG generates revenue through multiple channels, including music sales, streaming subscriptions, licensing fees, live performances, and merchandise. This diverse approach allows UMG to maintain its leadership position in the music market by providing comprehensive support to artists and capitalizing on various revenue opportunities.

Santa Monica, CaliforniaHeadquarters

1934Year Founded

$3,890.9MTotal Funding

IPOCompany Stage

Consumer Goods, EntertainmentIndustries

10,001+Employees

Benefits

Competitive Salary

401k

Flexible PTO

Medical, dental, visiion insurance

Student Loan Repayment Assistance & Tuition Reimbursement

Well-Being Allowance

Risks

Legal battle with Drake over 'pay-for-play' could harm UMG's reputation.

Downtown Music acquisition may face regulatory scrutiny, delaying expansion plans.

AI partnership with Amazon may not fully address evolving AI content challenges.

Differentiation

UMG leads the music industry with a diverse global presence in 60+ countries.

UMG's artist-centric streaming model enhances engagement and revenue for musicians.

UMG's strategic partnerships, like with Amazon, bolster innovation and content protection.

Upsides

UMG's acquisition of Downtown Music boosts its independent music sector presence.

Partnership with KLAY Vision positions UMG as a leader in AI-driven music innovation.

Collaboration with WPP enhances UMG's marketing capabilities and global reach.

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