Analyst, Inventory Control, Accounting, & Reporting

Job Description

UMG is looking for an exceptional Inventory Control, Accounting & Reporting professional to become part of the UMG physical supply chain operations team covering all music and merchandise product delivered to the market though both Traditional and Non-Traditional channels. Traditional channels include Retail and Distribution accounts and Non-Traditional cover eCommerce (D2C).

How you'll CREATE:

This role will be responsible for all activities required to support Inventory Control processing, automation, improvement and reporting working closely with the Warehouse and the UMG physical supply chain operations teams.

Inventory Control
• Maintain all stock reports at month end for across all warehouse management systems for retail and eCommerce.
• Reconcile stock holdings across multiples warehouses and businesses on a monthly, quarterly and annual basis.
• Process various inventory movements on request, ensuring appropriate approvals and documentation maintained for audit trail.
• Review inventory comparison reports for Finished Goods, Components and eCommerce and work with key teams to resolve significant issues.
• Processing monthly eCommerce inventory sales movements
• Prepare Sox compliance documentation and testing.
• Update annual Sox compliance reporting pack.
• Assist in efforts to report, manage & dispose of excess & obsolete inventory.
• Other Inventory tasks as required.

Strategic 3rd party partner data
• Review key 3rd party data to ensure all metadata and pricing updates are made prior to month end reporting.
• Prepare 3rd party month end perpetual inventory reporting and analytics for review.
• Participate in any 3rd party inventory onboarding projects.

Audits
• Assist with individual product cycle count reviews and adjustments.
• Assist with 3rd party label audits & reconciliations.
• Assist with year-end external audit & reconciliation.
• Assist with internal audit & reconciliations.

Strategic Process Improvement
• Participate in the evaluation of current Inventory Control systems recommending enhancements and modifications.
• Develop, evaluate, document, and improve department / inter-department processes and implement recommendations.
• Ongoing process improvement
• Participate in S4/Hana process improvement project

KPI Reporting
• Responsibility for the development and utilization of reports and performance indicators.
• Implement balanced scorecards monitoring inventory levels, obsolescence & discrepancies.

Bring your VIBE:

Domain Expertise and Leadership
• Significant hands-on experience using a modern ERP system and identifying process improvements.
• Demonstrated understanding of inventory and cost accounting
• Demonstrated ability to effectively review and analyse inventory related reports.
• Previous experience with robotic process automation or a willingness to learn.

Interpersonal & Teamwork Competencies
• Interpersonal flexibility and ability to collaborate across levels, teams, with external partners on an international basis.
• Embraces teamwork; shares ideas / methods to improve performance.

Communication Skills
• Proven, verbal, written and presentation communication skills and the ability to present ideas and problem solve effectively with varying groups of people.
• Expresses written ideas, thoughts, or facts in a clear, convincing, and organized way.

Analytical Skills
• Strong ability to reconcile inventory data and analyze trends, make educated conclusions and provide recommendations in a clear and concise manner.
• 2-3 years within supply chain operations or inventory control preferably in the Media, Entertainment, Branded Product, Merchandise or Consumer Package products segments. Omni channel fulfillment experience will be a big plus.
• Supply Chain knowledge with solid understanding of inventory Key Performance Indicators and Operation Excellence initiatives, Supply Chain Processes and Systems
• BA/BS in Accounting, Business, Supply Chain or related field; or equivalent experience

Perks Playlist:
• Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit
• Comprehensive medical, dental, vision, and FSA options, as well as:
• 100% coverage for out-patient mental health services
• Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)
• A lifetime fertility support allowance of $30,000 to plan participants
• Student Loan Repayment Assistance and Tuition Reimbursement
• 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation
• Variety of ways to prioritize much-needed time away from work including:
• Flexible Paid Time Off (PTO) for exempt employees
• 3-weeks PTO for non-exempt employees
• 2-weeks paid Winter Break
• 10 Company Holidays (including Juneteenth and Wellbeing Day)
• Summer Fridays (between Memorial Day and Labor Day)
• Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.

Universal Music Group is an Equal Opportunity Employer

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

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Job Category:
Finance & Accounting

Salary Range:
$42,139 - $85,393

The actual base salary offered depends on a variety of factors, which may include, as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job. All candidates are encouraged to apply.

Jobcode: Reference SBJ-rbk1px-3-147-58-1-42 in your application.