Senior Accountant (12 Month FTC)
Warner Music INC, City of Westminster
Senior Accountant (12 Month FTC)
Salary Not Specified
Warner Music INC, City of Westminster
- Full time
- Temporary
- Onsite working
Posted today, 5 Oct | Get your application in now to be one of the first to apply.
Closing date: Closing date not specified
job Ref: 8adfcca3ae854ff08a06ac3b3196ca28
Full Job Description
- Music is Everything : Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
- Global Growth, Local Expertise : Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.
- Innovation and Insight : Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
- Empowered by People : Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career. We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sex or sexual orientation, race, ethnicity, religion or belief, disability, and any other protected characteristic or identity. Consider a career at WMG and get the best of both worlds - an innovative global music company that retains the creative spirit of a nimble independent., In the Senior Accountant - FTC role your objective will be to gain a detailed understanding of complex digital and intercompany accounting processes, and then to facilitate process improvements while working closely with the rest of the finance team. You will then provide support for these new processes as we transfer to a new ERP. Here you'll get to:
- Manage the preparation of digital revenue accruals and their associated costs, reviewing estimations for current month revenue and the monthly pipeline revenue schedule
- Liaise with business partners on global deals and ensuring consistent business practice across the group
- Manage digital provider deal financials including deal economics, minimum guarantees, earnings, and recoupment
- Work closely with the Digital processing team to ensure completeness of DSP revenue, reporting and cash received
- Work with FP&A to review month end accounting against forecasts
- Manage the monthly repatriation process to affiliates for digital sales collected centrally and arrange payment through to repertoire owner
- Aged debtor analysis to assess financial risk and determine relevant provisions, including risk presentations to senior exec
- Develop positive relationships with affiliates across the world, to provide support and assist with their queries as and when required
- Ensure that the group transfer pricing policy is adhered to, and get involved in discussions with international labels around any variances or issues that may arise on the associated royalties and settlements
- Be a key part of the team responsible for the transition to a new ERP system. This will include transferring data to new the system, implementing, testing and reviewing processes in the ERP in all areas related to digital financial reporting, including onward accounting to affiliate territories (Transfer Pricing), ensuring no gaps in process.
- Review and follow up of issues that arise once the new ERP goes live with the ERP Project team.
- Ad-hoc assignments and projects as required
ACA/ACCA/CIMA (or equivalent) qualified - Microsoft Office suite, including advanced Excel skills
- You have excellent oral/written communication skills
- You have the ability to work under pressure with tight deadlines
- You are able to perform in a fast-changing environment
- You take own initiative and responsibility over own workload, while working within the goals of the team
- You are friendly and have a fun personality We'd love it if you also had:
- Knowledge of nominal ledgers and database management systems (eg. Oracle GFS, Business Objects, HFM, SAP, Vistex).
- A passion for music and keen curiosity about the digital music world.
At Warner Music Group, we're a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses, Our team deals with the digital side of music, which involves working with Warner Music's labels and affiliates all over the world, as well as our customers like Spotify and Apple. Reporting to the Director, Digital and International Finance, and within a team of 11, you'll play a crucial role in accounting for digital revenue flows and the subsequent intercompany royalties generated within the group., As the home to Asylum, Atlantic, East West, Elektra, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world's premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide. Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We're the home to WMX - the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways - and Alternative Distribution Alliance (ADA) - the ground-breaking global distribution company for independent artists and labels. Together, we are Warner Music Group: Music With Vision & Voice.