Full-Time

Senior Financial Analyst

Confirmed live in the last 24 hours

Universal Music Group

Universal Music Group

10,001+ employees

Global music recording, publishing, and distribution

Consumer Goods
Entertainment

Compensation Overview

$49.1k - $112.6kAnnually

Mid, Senior

Santa Monica, CA, USA

Hybrid work environment; in office 2-3 days per week.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
SAP Products
Financial analysis
Requirements
  • 2-4 years of finance and accounting experience with progressive responsibilities required.
  • Bachelor’s degree in accounting, or finance with strong accounting acumen; CPA preferred but not required.
  • Proficient in the use of Excel, accounting and financial applications software; Hyperion Financial Management, SAP and BPC planning experience would be a plus.
  • Excellent analytical and abstract reasoning skills, plus excellent attention to detail and organizational skills.
  • Ability to multi-task and handle multiple priorities at any given time.
  • Excellent written and oral communications skills.
  • Must be eligible to work in the U.S.
Responsibilities
  • Key contributor to the financial planning, analysis and reporting processes for UMG’s Commercial Services group, including monthly close, interim forecasts and annual operating plans.
  • Assist with preparation and review of monthly financials for accuracy, including P&L, balance sheet and cash flow statements.
  • Prepare monthly and quarterly variance analysis for business unit and corporate review.
  • Work closely with business unit leads to monitor and track overhead and marketing spend, ensuring necessary accruals and other related entries are posted by central accounting.
  • Prepare and present a comprehensive monthly financial reporting package to senior management.
  • Maintain various financial models, including cash flow, overheads, headcount and third-party label sales.
  • Develop dashboard presentations utilizing various datasets to assist in presenting financial insights to executive management.
  • Drive efficiencies by identifying areas for improvement for financial analysis & reporting tools.
  • Support Senior Finance Manager, Executive Finance Director and SVP with ad-hoc analysis as requested by strategic partners and executive management.
Universal Music Group

Universal Music Group

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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 independent musicians. UMG's operations include selling physical and digital music, streaming services, licensing music for various media, and facilitating 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 merchandising. This diverse approach allows UMG to maintain its leadership position in the music market.

Company Stage

IPO

Total Funding

$3.9B

Headquarters

Santa Monica, California

Founded

1934

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven music personalization enhances UMG's streaming services and user experience.
  • Short-form video platforms like TikTok offer promotional opportunities for UMG's artists.
  • Virtual concerts open new revenue streams, expanding UMG's global audience reach.

What critics are saying

  • AI-generated music content threatens traditional copyrights, posing legal challenges for UMG.
  • Legal disputes with artists like Drake could damage UMG's reputation and incur costs.
  • Acquisition of Downtown Music Holdings may face regulatory scrutiny, affecting expansion plans.

What makes Universal Music Group unique

  • UMG leads the music industry with a diverse global presence in 60+ countries.
  • The company offers comprehensive services, from recording to merchandising, for artists worldwide.
  • UMG's strategic partnerships enhance its capabilities in AI, streaming, and artist engagement.

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Benefits

Competitive Salary

401k

Flexible PTO

Medical, dental, visiion insurance

Student Loan Repayment Assistance & Tuition Reimbursement

Well-Being Allowance