Sr. Manager FP&A – Cash Forecasting

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.

A little bit about our team:

The FP&A cash group is responsible for providing financial and strategic support for all WMG segments (Corporate, Recorded Music, Music Publishing). The department will partner on a wide array of analysis across all divisions including cash forecasting, budgeting, reporting on actuals and ad-hoc projects as needed. 

Your role:

This position fulfills a unique role focusing on supporting WMG’s global cash forecasting process.  This involves, but is not limited, to consolidating and analyzing short-term and long term cash needs, as well as ad-hoc projects that aid in executive decision making, investment allocation and strategic planning.  

Here you’ll get to:

• Work in partnership with FP&A colleagues, treasury and global affiliates to consolidate and analyze monthly cash flow forecasts, quarterly actuals and annual budget

• Provide support for monthly and ad-hoc CEO/CFO requests, board presentations, metrics, etc.  

• Work to develop the long-term strategic planning/ cash flow modeling and certain ad-hoc analysis

• Provide regular weekly updates to senior management on cash position, risks and opportunities as well as any key deviations to forecasts and budgets

• Liaise with affiliates and central Recorded Music and Music Publishing segment teams to better understand key drivers of variances and provide management with detailed overview along with recommendations to improve forecasting and manage working capital 

• Conduct Recorded Music and Music Publishing artist/songwriter advances analysis and metrics to assist in establishing more accurate forecasting and tracking cash spend 

• Partner with corporate treasury team to track daily cash needs and global cash movement 

• Partner with SEC external reporting team to aid with providing support for audit committee deliverables, including detailed operating cash flow comparative, working capital analysis and cash conversion ratios (basis for external investor/analyst guidance)

• Review and report on monthly Global Book to Bank reconciliations to executives

• Work with business development team on cash elements of material deal structure / renewals 

• Support the development and updates to performance dashboards and management reporting tools 

About you:

• BA in Finance, Economics or Accounting

• 5-8 years of finance-related experience in corporate finance, consulting, business development, or  other analytic role

• Understanding of finance and cash flow concepts/principles

• Ability to meet deadlines and work well under pressure in a fast paced environment

• Ability to identify and solve problems; critical thinking skills

• Strong working knowledge of Microsoft Excel and Google Slides

• Ability to communicate with senior level management team

• Self-starter with a strong desire to learn and develop

• Ability to work independently as well as to work as part of a team 

• Clear and organized written, verbal and interpersonal communication skills

• Well-developed analytical skills, problem-solving