[Remote] Senior Director , Finance APAC at Universal Music Group

Singapore

Universal Music Group Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Music, Entertainment, PublishingIndustries

Requirements

Candidates must possess at least a Bachelor's degree in Finance or Accounting, with a CPA designation being preferred. A minimum of 12-15 years of experience in a corporate finance or accounting role, preferably within a public company, is required. A deep understanding of financial statements, the ability to thrive in a fast-paced, deadline-driven environment, and strong communication skills are essential. Fluency in Mandarin is advantageous but not mandatory.

Responsibilities

The Senior Finance Director will partner with the President of UMPG APAC to drive regional growth, focusing on financial analysis of APAC results and budgets, and summarizing these for management. This role involves coaching and functionally managing regional finance teams, analyzing industry trends, and evaluating new investment opportunities. Key duties include ensuring the accuracy of APAC consolidated financial results, identifying and analyzing variances, preparing commentary for senior management, coordinating annual budgets, assisting with financial modeling for artist investments, supporting due diligence for acquisitions, and managing timely reporting and ad hoc requests.

Skills

Finance
Accounting
Financial Reporting
Budgeting
Forecasting
APAC Market
Music Industry

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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