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Sr. Manager, Technical Accounting & Policy

Warner Music Group
New York City, United Statesfull_timeVerifiedPosted 16 Jan 2024
💰 $150,000/yr($135,000/yr$150,000/yr)

About the role

Job Description:

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: 

  • 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, 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: Job Title: Sr. Manager, Technical Accounting & Policy

 

Reports To: Brian Kimbrell

 

Location:  New York

 

A little bit about our team:

Responsible for supporting technical accounting related matters including accounting for new and complex transaction, and WMG’s global accounting policies

Your role:

We are seeking a Senior Manager of Technical Accounting and Policy in supporting our global businesses with a focus on technical accounting for complex transactions, revenue recognition for new contracts, and global accounting policy adherence. In this role, you will be a direct contact and leader in establishing accounting practices and developing conclusions that are in accordance with US GAAP. The Senior Manager, Technical Accounting and Policy, will report to the Director, Technical Accounting and Policy and will play a key role in ensuring proper accounting treatment and policies are applied accurately consistently to ensure the overall quality of the financial information being reported by WMG as public company. This role requires a high-caliber individual with strong knowledge of US GAAP and technical accounting experience in companies of similar size and complexity. The ideal candidate will possess excellent interpersonal skills, a strong work ethic, and the ability explain complex accounting topics in a simplified way.

 

Here you’ll get to:

  • Directly liase and support the global businesses on accounting for complex transactions and arrangements primarily encompassing (but not limited to) investments, revenue recognition, business combinations and acquisitions

  • Prepare and review technical accounting memorandums documenting conclusions over material or complex transactions with reference to the appropriate accounting literature

  • Collaborate with external auditors, consultants and business leads to ensure proper conclusions are reached and recognized in the Warner Music Group financials appropriately

  • Be responsible for the update and maintenance of the WMG global accounting polices to ensure policies are aligned with latest guidance and business practice

  • Develop and enhance processes around technical accounting coordination for emerging and growing areas within our business

  • Collaborate with segments to ensure compliance with the WMG global accounting policies

  • Monitor standard setter activity and analyze the impact of new developments in accounting standards

  • Collaborate with external reporting groups to ensure technical accounting and policy matters are accurately reported and disclosed in the WMG quarterly financial statements (e.g. Form 10-K, Form 10-Q) and ensure compliance with Sarbanes-Oxley 404 requirements

  • Develop training, education, and CPE delivery for Corporate Finance Group

About you:

  • Minimum of 7 years professional experience with big four audit experience

  • Strong technical knowledge and experience in applying the guidance of ASC 606 – Revenue from contract with customers, ASC 321 Investment – Equity Securiities and ASC 323 Investments – Equity method and Joint Ventures

  • Strong communication, organization, interpersonal and

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Company

Warner Music Group

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