Senior Staff Accountant at Universal Music Group

Woodland Hills, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Music, EntertainmentIndustries

Requirements

Bachelor’s degree in Accounting
3-5 years of combined frontline general ledger accounting or corporate reporting experience (public accounting experience preferred)
CPA preferred (MBA preferred)
Strong Excel and Word skills
Macros experience a plus
Experience with SAP or similar general ledger applications
Experience with HFM preferred
Strong analytical skills and attention to detail
Ability to effectively multitask and work under pressure to meet deadlines
Strong oral and written communication skills

Responsibilities

Assist in the monthly financial close and reporting process
Prepare and produce accrual journal entries
Prepare management financial packages, including financial reports, balance sheet reconciliations, and supporting analytics
Reconcile intercompany accounts; confirm balances prior to final submission
Reconcile Fixed Asset and AR subledgers
Fill out sundry invoices
Analyze overhead activity on a weekly basis and post adjusting journal entries
Communicate and follow up with intercompany partners to ensure that open/outstanding issues are solved in a timely manner
Support special projects and process improvement initiatives

Skills

Excel

Microsoft Word

Excel Macros

SAP

HFM

general ledger

corporate reporting

journal entries

balance sheet reconciliations

account reconciliations

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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