Associate Director Finance, WMX
Warner Music GroupAbout the role
Job Description:
At Warner Music Group, we’re a global collective of music makers an
music lovers, tech innovators and inspired entrepreneurs, game-changing
creatives and passionate team members. Here, we turn dreams into
stardom and audiences into fans. We are guided by three core values that
underpin everything we do across all our diverse businesses:
● Curiosity: We do our best work when we’re immersing ourselves in
culture and breaking through barriers. Curiosity is the driving force
behind creativity and ingenuity. It fuels innovation, and innovation is
the key to our future.
● Collaboration: Making music and bringing it to the world is all about
the power of originality amplified by collaboration. A great idea, like a
great song, travels globally. We ignite passions and build connections
across our diverse community of artists, songwriters, partners, and
fans.
● Commitment: We pursue excellence for our team and our talent.
Everything in music starts with a leap into the unknown, and we're
committed to keeping the faith, acting with integrity, and delivering on
our promises.
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, sexual orientation,
race, religion, ethnicity, disability, veteran status, and any other
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.
Job Title: Associate Director Finance, WMX
A little bit about our team:
The WMX Finance department leads the financials for WMX US and Europe, EMP, Songkick, and Warner Music Group Artist Services and leads interdepartmental teams to significantly improve revenue flow and drive business outcomes.
Your role:
You will support the CFO, WMX to plan and complete the financial strategy across the divisions of WMX and the company as it relates to the consolidation of the financials, handling budgets, forecasts and other business targets, and the standardization and governance of financial policies and procedures.
Here you’ll get to
● Prepares and looks after annual budgets and monthly forecasts with commentary of WMX financial results including variance analysis actuals vs budget; communicates results to departments heads; develops action plans to hit targets where needed.
● Creates and maintains management P&Ls as well as Global Recorded Music Supply Chain cost analytics to identify areas for margin improvements and efficiencies.
● Run the divisional Balance Sheet and Cashflow.
● Responsible for aggregating and data and schedules needed for corporate deliverables.
● Partners with divisions across WMXUS and WMXEU to provide consolidated results and analysis to CFO and corporate finance.
● Liaises with the operators and shared services finance to ensure all revenue, cash, purchase orders and invoices are entered, coded, processed and paid timely; handles new vendor set ups on behalf of the department.
● Provides analysis and consultation in developing new business opportunities and integrations; prepares projections and monitors activity to help drive performance.
● Advises on contract negotiations from a financial impact perspective; including distribution and vendor deals.
● Engages on finance transformation initiatives; builds and be responsible for business processes that
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