Director, US Compliance and Control

About UMG

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.

Employment Type: Full time

How we LEAD

We are currently seeking a talented individual for a Director position to support Virgin Music Group with US Compliance and Control activities. The Director will manage our annual compliance program including but not limited to internal control evaluation, design and documentation, walkthroughs, sample-based testing, remediation, results, reporting and process improvements, and participate in various Compliance projects.

How you'll CREATE

Business Acumen

• Understand and apply commonly used internal control frameworks for achieving internal control compliance such as COSO
• Demonstrate ability to research, disseminate and apply best practice knowledge the setup and implementation of the operational control environment
• Understand control objectives and associated risks, and conclude as to the effectiveness of the controls

Project and Team Management

• Overall management of VMG’s control environment
• Establish consistent audit practices and continue to evolve the program to drive efficiencies and operating effectiveness, as well, deliver greater relevance for stakeholders
• Drive operational excellence through delivery of readily available tools and resources and sharing of best practices
• Collaborate with UMG Operational Finance team and internal audit to ensure activities are coordinated and fully leveraged
• Identify key control issues and emerging risks, and work with management to ensure timely and effective remediation
• Identify and implement efficiencies and automation using data analytics

Operations (annual audit campaign or ad-hoc projects execution)

• Coordinate multiple testing cycles across compliance and business personnel, to accurately document, assess and test in-scope applications, business processes, key reports, and controls
• Complete detailed review of testing performed by Compliance team
• Interact with a wide variety of personnel to develop recommendations to remediate control deficiencies; play an active role in implementing the remediation plans; increase audit efficiencies and drive process optimization
• Recommend actions that are pragmatic, achievable, and partner with management to resolve deficiencies as a result of testing
• Recommend general control related actions that are pragmatic and achievable, and partner with management to resolve any identified control gaps
• Effectively provide executive management with updates on the operating effectiveness of internal controls over financial reporting, as a result of testing
• Provide a systematic, objective, and independent assessment of the operations and controls within the US control environment and provide guidance on best practices
• Participate in special projects and company-wide initiatives as required

Communication & Culture

• Provide verbal and written reports of progress and results to various stakeholders as needed
• Interact with Company management and BU personnel to build/maintain ongoing operational partnerships by utilizing strong interpersonal and communication skills

Bring your VIBE

• Strong planning and organization skills, with the ability to be agile and manage large complex projects and synthesize information into executive presentations
• Ability to adapt to rapidly changing circumstances with a professional, solution-oriented mindset
• Strong bias for collaboration, resourcefulness, and on-time execution
• Sound judgment in problem analysis, with the ability to distinguish between relevant and irrelevant information
• A good