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Full Time Job

Financial Analyst

Warner Music Group

Remote / Virtual 03-04-2024
 
  • Paid
  • Full Time
  • Entry (0-2 years) Experience
Job Description
Job Title: Analyst, Participations

A little bit about our team:

Warner Music Group's Center of Excellence for Shared Services is the home to the financial, legal, and administrative functions that provide critical support and best-in-class services to all US record labels, publishing and artist & label services divisions. The Nashville center embodies the innovative and creative spirit that stems from the company's deep history in nurturing entrepreneurial thinking and artist-focused innovation, enabling our employees to develop a wide range of skills through cross-function collaboration and development opportunities. We have transitioned to a hybrid work schedule at this time, allowing our employees to work a combination of in-office and virtual days. These work arrangements will be periodically reviewed based on business needs.

We currently have a fantastic opportunity to join our highly sought-after Participations group.

Your role:
• You're highly efficient, resilient and thrive working in a fast paced, deadline driven environment
• Working together with your team, you consistently meet deadlines and exceed expectations
• Each day, you balance the important with the urgent, while remaining focused on upcoming deadlines, and proactively communicate anticipated hurdles to your manager
• Handling large volumes of financial data is your jam, you take pride producing accurate, quality work that displays an attention to detail
• It's important that you develop an expertise in the business, you dive into legal agreements and the interpretation of contractual terms, and can apply this knowledge to analyze, see trends and explain the data
• You exhibit a continuous improvement mindset, and jump at the opportunity to help transform processes, push boundaries, and innovate
• Music is everything! You're passionate about our artists, driven to provide first class customer service to both internal and external partners, and are known for your responsiveness and going the extra mile
• You inspire, support, share ideas, and learn from those around you

Here you'll get to:
• Prepare, analyze, and distribute participation profit share and distribution statements according to contractual agreements
• Compile and review transactional data to support statement reporting
• Interpret, and summarize artist and label contracts, create related statements and financial schedules, provide contractual and financial data for deal models and analysis
• Apply your financial accounting skills: review profitability analysis, identify variances and trends, create commentary to explain insights from financial statements, perform reconciliations, update cash forecasts and budgets, investigate audit issues and claims
• Follow department financial controls and policies, communicate deficiencies and gaps to management
• Maintain vendor master data, input, code & co-ordinate payments
• Build and maintain strong working relationships across the company (up to senior executives), follow up open work items, respond to requests from internal and external partners
• Communicate status & escalate issues as appropriate to your manager
• Learn WMG operational & accounting systems, develop expertise in participations accounting & operations
• Represent and contribute to the culture of the Participations group

About you:
• BA/BS degree required, preferably in accounting or finance related fields
• 0-2 years of experience working in a related capacity
• Advanced proficiency with MS Excel, working with large data sets and complex calculations
• Possess strong problem solving and analytical skills with attention to detail
• Effective interpersonal skills, able to work cross-functionally and communicate with internal & external stakeholders
• Ability to manage multiple priorities, execute tasks with accuracy and deliver under pressure
• Ability to understand complex information quickly, breakdown and communicate to others

We'd love it if you also had:
• Entertainment, Media, or Music Industry experience working in Participations/Royalties or similar role
• Financial statement preparation background
• Technically savvy, exposure to SAP S4 Hana, MS Teams, SharePoint

#LI-Remote

Salary Range
$27.00 to $29.00 Hourly

Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work - English.pdf

Right to Work - Spanish.pdf

Jobcode: Reference SBJ-g6yz59-3-138-33-87-42 in your application.

Salary Details
Salary Range: $27.00 to $29.00 Per Hour ($ USD)
Company Profile
Warner Music Group

With a legacy extending back over 200 years, Warner Music Group (WMG) today brings together artists, songwriters and entrepreneurs that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG’s Recorded Music division includes renowned labels such as Asylum, Atlantic, Big Beat, Canvasback, Elektra, Erato, First Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics and Warner Music Nashville.