Finance Assistant, Emerging Markets

Kensington, West London, United Kingdom

Job Description


Finance Assistant, Emerging Markets

:

At Warner Music Group, we\xe2\x80\x99re 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:

  • 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 \xe2\x80\x93 an innovative global music company that retains the creative spirit of a nimble independent.

Job Title: Finance Assistant, Emerging Markets

A little bit about our team:

The Recorded Music (RM) Finance Department at WMG is responsible for handling the worldwide financial operations of the company\xe2\x80\x99s recorded music businesses. The Emerging Markets (EM) team are responsible for growing and dynamic markets as well as recently established WMG affiliates as well as potential target territories that do not currently have a local WMG operations. In these markets, the EM team are looking to establish a tangible presence, capitalising on the local trajectory through marketing of international roster and signing new artists, as well as looking for investment opportunities.

The EM Finance department\xe2\x80\x99s purpose is to provide support to affiliates without local finance capabilities, while assisting and guiding those with finance teams on the ground. This includes internal financial reporting (month end processes, forecasting, budgeting), financial analysis and modelling, generating royalty and financial statements to distribute to our artists, as well as ad hoc reporting to senior management.

Your role:

An exciting opportunity for an aspiring accountant to utilize their analytical and logical mindset while learning and implementing the fundamentals of financial and management accounting at one of the world\xe2\x80\x99s leading music companies.

The Finance Assistant will form part of the central EM finance team, initially reporting into the Finance Director (UK) while working closely with a Senior Finance Manager (UK) and Assistant Finance Manager (TK). The primary responsibilities for this position include operational financial support (AP/AR), completion of month end accounting and managing royalty statements for Eastern Mediterranean and WM MENA entities, while providing ad-hoc support to the region on an ad-hoc basis.

Here you\xe2\x80\x99ll get to:

This position will focus primarily on ensuring fluid financial operations, providing comprehensive financial experience with front to back insight into the operations of various international companies. Responsibilities listed below will be carried out for multiple entities.

Financial Reporting and Analysis
  • Perform month end accounting processes, including the preparation and uploading of journals (revenue, bank transactions, accruals etc.).
  • Completion of monthly Balance Sheet Reconciliation.
  • Maintain a strong control environment and uphold segregation of duties.
Financial Operations
  • Oversight of Accounts Receivable and Payable functions for relevant entities, working with local teams to liaise with local vendors and suppliers.
  • Accounts Receivable
  • Generating invoices and corresponding statements to send to customers, chasing debts where necessary.
  • Accounts Payable
  • Process and pay invoices for expenses and statement obligations.
Artist and Royalty Accounting
  • Liaising with UK royalties, learning their systems and being a \xe2\x80\x9croyalties point of contact\xe2\x80\x9d for the EM Region
  • Working with local finance to ensure accurate artist accounts are maintained while assisting with generating artist royalty statements.
Support
  • Provide financial and operational support to the Emerging Markets team, providing assistance to other members who may have financial queries.
  • Liaise with Royalties, IT and Legal departments to ensure financial information is timely and accurate.
  • Maintain relationships with external customers and vendors.
  • Assist with Artist and Project modelling.
Ad Hoc Analysis
  • Ad Hoc Financial reporting and analysis: typical exercises can include performance analysis related to artists, tracks, regions or markets.
About you:
  • At least a 2:1 Bachelor\xe2\x80\x99s degree. Numerical/STEM degree preferred.
  • Intention to complete an accounting qualification (ACCA/CIMA).
  • 1-2 year financial/management accounting experience.
  • Highly motivated, independent and collaborative task finisher with a excellent work ethic.
  • Strong analytical skills and ability to work through problems logically in a fast-paced environment, within time constraints and deadlines.
  • Capacity to work on projects concurrently and prioritise effectively.
  • Good interpersonal and communication skills; ability to communicate with all levels of management and staff from around the world.
  • Highly proficient in all Microsoft Office Applications, predominantly Excel, as well as systems navigation.
We\xe2\x80\x99d love it if you also had:
  • Passion for the Industry
  • Turkish / Hebrew language proficiency advantageous but not required.
About us:

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\xe2\x80\x99s 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\xe2\x80\x99re the home to WMX \xe2\x80\x93 the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways \xe2\x80\x93 and Alternative Distribution Alliance (ADA) \xe2\x80\x93 the ground-breaking global distribution company for independent artists and labels.

Together, we are Warner Music Group: Music With Vision & Voice.

Love this job and want to apply?

Click the \xe2\x80\x9cApply\xe2\x80\x9d link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.

Don\xe2\x80\x99t be discouraged if you don\xe2\x80\x99t hear from us right away. We\xe2\x80\x99re taking our time to review all resumes, and to find the best people for WMG.

Thanks for your interest in working for WMG. We love it here, and think you will, too.

WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religion or belief, age, sex, sexual orientation, gender, gender identity or gender reassignment, marital or civil partnership status, disability, pregnancy, childbirth or any other characteristic protected by law.

Warner Music Group

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Job Detail

  • Job Id
    JD3005833
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kensington, West London, United Kingdom
  • Education
    Not mentioned