Director, Finance

Full-time - Senior

Hybrid - Los Angeles, CA

Motion Picture and Sound Recording Industries

About the position

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 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, Collaboration, and Commitment. WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences. 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.

Responsibilities

• Prepare annual budgets and monthly/quarterly/yearly forecasts with commentary on financial results including variance analysis of actuals vs budget and prior forecasts; communication of results to departments heads; and the development of action plans to hit targets where needed
• Manage Merchandise and Projects business' P&L, Balance Sheet and Cashflow; responsible for corporate deliverables to ensure the financial and statutory reporting for the various areas of the business.
• Provide analysis and consultation in developing new business opportunities and artist deals; prepare projections, deliver deal analyses and monitor activity to help drive performance
• Create and maintain multifaced financial models to assist in reporting, strategic initiatives and critical decisions
• Partner with business leaders to drive growth and margin improvement initiatives
• Create and streamline cost management structures used for tracking special project initiatives, marketing ventures, vendor costs, T&E and overheard
• Manage merchandise supply chain/distribution cost analytics and inventory management to identify areas for margin improvements and efficiencies
• Design and streamline financial and operational reporting to help better monitor and report business performance
• Oversight of monthly financial close processes and financial accounting procedures managed by shared services accounting teams, implementing technical accounting policies and maintaining control environment/SOX controls
• Proactively develops ad hoc reporting and analytics to provide value added insights to management
• Manage financial controls and risk management procedures; recommend data flow and controls improvement
• Continually identify improvements via best practice replication, creative and innovative solutions, and alignment of goals and objectives

Requirements

• Degree in Accounting or Finance
• 8+ years of FP&A, Accounting, Big 4 public accounting
• Experience managing and developing a staff / team
• Advanced Excel skills, data analyses, deal modeling
• Proficient knowledge of US GAAP and related financial reporting requirements and standards
• Dynamic individual who can easily adapt and thrive in a creative, dynamic, fast-paced environment and manage multiple projects and resources effectively
• Possess excellent interpersonal skills, a strong work ethic, and the ability to influence decision making at a senior level and exert influence with key business leaders/stakeholders to meet financial targets and business objectives
• Strong data proficiency, with an ability to translate insights into actionable recommendations
• Highly organized with a strong ability for critical-thinking, excellent analytical and problem-solving skills
• Demonstrated experience in business process improvement, streamlining of reporting and operations
• Exceptional written and oral communication skills, including the ability to present analysis, recommendations, and complex financial concepts to audiences at all levels of the organization
• Driver of 'change' and thinks creatively and strategically
• You have a high level of intellectual curiosity, especially around music, technology, and entertainment
• You have an entrepreneurial spirit and are motivated by innovation and excellence

Nice-to-haves

• Experience with SAP and HFM a plus
• CPA or equivalent certification a plus
• Music, Merchandise, eComm, media & entertainment experience a plus

Benefits

• 401k
• 401k_matching
• dental_insurance
• health_insurance
• vision_insurance
• paid_holidays
• unlimited_pto
• professional_development
• tuition_reimbursement