Manager, Digital Finance
Warner Music GroupAbout the role
Job Description:
At Warner Chappell Music (WCM), we shape the culture of songwriting and champion songs that resonate for generations by creating transformational opportunities for songwriters everywhere. Our people and culture are at the epicenter of our company, and we are looking for team members who share our service-oriented mindset and have a passion for looking after our songwriters.
As the global music publishing arm of Warner Music Group (WMG), we’re a collective band of music lovers, innovative connectors, and relentless supporters of our songwriters and catalog of iconic works. We lead with curiosity, collaborate across departments, borders, languages, and genres, and we’re committed to delivering on the promises we make to each other and to our songwriters.
Job Title: Manager, Digital Finance
A little bit about our team:
This position will be part of the Warner Chappell Finance and Accounting team for the US and Canada. This team works closely with the Center of Excellence (Shared Service) in Nashville, the Warner Chappell home office and Corporate Finance teams, and our royalties department. This position is a very key role within the team and does most of the US revenue and margin accounting and analysis.
Your role:
Ever wondered how much royalties are earned/paid from YouTube or Spotify? Or how about seeing the constant growth in digital streaming revenues? Well now’s your chance……
Here you’ll get to:
Prepare monthly financial statements and commentary within deadlines provided by Corporate Accounting
Effectively work with WMG’s accounting shared services division which posts all journal entries, performs key account reconciliations, and performs accounts payable services for Warner Chappell US
Maintain the digital revenue tracking schedule for forecast, cash forecast and commentary
Perform revenue reconciliation SOX controls for cash vs. accrual
Analyze financial reports and records, make studies and recommendations relative to the accounting of liabilities and assets
Act as a digital account manager on all direct digital deals. This involves tracking all payments, revenue, royalty processing to pay writers, determining growth assumptions for accruals, etc.
In close partnership with our Digital Deals Office, create, prepare and maintain various analytics around industry & customer specific performance metrics
Working with our Digital partners and their back-office providers to properly account for revenues where anomalies exist
Assist with cash forecasting on digital deals and A&R advance forecasting
Assist in the preparation and presentation of various analyses across departments and to executive management
Perform financial analysis to provide commercial insight into the performance of each line of business including design and creation of new reporting that will provide insight to senior management
Track and report the performance of select key songwriters
Participate in the annual budgeting and monthly forecast process mainly in the area of digital revenue and balance sheet
Management and supervision of one direct report
About you:
Have a BA in Accounting, Finance or Business Administration
Have 5-7 years related experience
Have exceptional excel skills
Have superior attention to detail
Have elevated analytical skills and be curiosity driven
Must be able to work flexible hours, especially during month end and budget season to meet deadlines
We’d love it if you also had:
Have entertainment experience
Have background with SAP, Hyperion, PowerPivot
About us:
At Warner Chappell Music (WCM), we shape the culture of songwriting and champion songs that resonate for generations by creating transformational opportunities for songwriters everywhere.
Before the fans and fame, the soundtracks and syncs, there is the song. And before the song comes the songwriter - the heart of an art form that defines generations, and the soul of our business. Songwriters are our inspiration; we are their partners, collaborators, and crusaders.
Songwriters shape culture; and here at WC
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