SVP CFO, WMX

$250,000 - $315,000/Yr

Warner Music Group - New York, NY

Full-time - Senior

New York, NY

501-1,000 employees

Motion Picture and Sound Recording Industries

About the position

The SVP CFO of WMX at Warner Music Group is responsible for leading the financial strategy of the division, overseeing budget management, cost-benefit analysis, and forecasting. This role involves managing significant operating costs and revenues, providing financial leadership, and ensuring effective financial controls and risk management procedures are in place. The position requires collaboration with various teams to streamline processes and drive business performance.

Responsibilities

• Supports the President of WMX in planning and executing the financial strategy of the division.
• Provides financial leadership for tactical and strategic plans to deliver financial results.
• Owns budget and forecasting for $375m+ in operating costs and oversees fiscal reporting activities for the divisional P&L and balance sheet.
• Supports $175m+ in Artist Services revenue and associated costs across the US and Europe.
• Provides analysis and consultation in developing new business opportunities and prepares projections.
• Partners with individual teams within WMX and corporate to build and oversee business processes for maximum efficiency.
• Identifies improvements via best practice replication and innovative solutions.
• Manages financial controls and risk management procedures.
• Updates department heads on financial performance and key finance initiatives.
• Reviews finance and IT related procedures and recommends improvements.
• Trains and develops the WMX Finance staff.

Requirements

• Strong oral and written communication skills to interface with high-level contacts.
• Proven business process improvement skills and excellent customer service skills.
• Proficient knowledge of GAAP and related financial reporting requirements.
• Excellent analytical and problem-solving skills.
• Ability to build alignment for initiatives and programs.
• Bachelor's degree in a related field from an accredited college or university preferred.
• 10+ years of senior-level financial experience and management experience.
• Certified Public Accountant (CPA) preferred.

Nice-to-haves

• Proficient in Microsoft Office including Word, Excel, PowerPoint, and Outlook.

Benefits

• Salary range of $250,000 to $315,000 annually.
• Hybrid work model with in-office presence required 4 days a week.