Senior Manager, UK and European Audit at Universal Music Group

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Music, EntertainmentIndustries

Requirements

Minimum of 5 years of related work experience in the music or media industries
Excellent written and verbal communication skills
Proven ability to lead a business function
Expertise in managing relationships with key stakeholders
Experience in Microsoft Excel and text editors
Strong organization skills, critical thinking, analytical abilities, and attention to detail
Ability to meet deadlines quickly and accurately while managing competing priorities
Finance qualification desirable but not essential

Responsibilities

Lead audit process from receipt of audit notice, preparing for audit fieldwork, support during fieldwork, and responding to audit reports
Develop the audit communication process including building templates for external correspondence, necessary internal messaging, and approvals
Review and manage internal audit processes ensuring appropriate compliance measures are met
Collate and feedback any learning opportunities as a result of audit findings to enable continuous improvement within UMPG
Generate royalty datasets and enhanced statements
Generate and prepare royalty suspense reports
Organize and prepare source document files for audit fieldwork
Organize and prepare synch documentation
Review, redact, and prepare documents to send to auditors following their fieldwork
Lead and undertake research of audit claims
Liaise with Business Affairs to create settlement agreements
Manage the regular audit status reporting function for senior management
Perform and develop ad hoc reporting and royalty audit projects as needed

Skills

Key technologies and capabilities for this role

Audit ProcessRoyalty AccountingAudit FieldworkAudit ReportsExternal CorrespondenceCommunication Templates

Questions & Answers

Common questions about this position

What is the salary for the Senior Manager, UK and European Audit role?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What experience and skills are required for this role?

A minimum of 5 years of related work experience in the music or media industries is required, along with excellent written and verbal communication skills and proven ability to manage audit processes.

What is the company culture like at Universal Music Group?

Universal Music Group fosters an inclusive environment where everyone is welcome, with a commitment to diversity including neurocognitive variations, and provides adjustments for different needs; it's a place to grow in a commercial and innovative business led by a passionate team.

What makes a strong candidate for this position?

Candidates with at least 5 years of experience in the music or media industries, strong communication skills, and the ability to lead end-to-end audit processes, including research, reporting, and liaison with business affairs, will stand out.

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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