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    VP, WMI Finance Operations - London, United Kingdom - Warner Music Group

    Warner Music Group
    Warner Music Group London, United Kingdom

    Found in: Talent UK C2 - 3 days ago

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    Full time
    Description
    VP, WMI Finance Operations & Services (14 month fixed-term contract)

    Job Description:

    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 know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses:

  • Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
  • Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.
  • Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
  • Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career.

    • We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.

    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.

    A little bit about our team:

    The WMI Finance Operations and Services teams is a department of around 70 people, working across digital finance, international finance, international royalties and digital systems.

    Your role:

    The VP, WMI Finance Operations and Services is a key leadership role that works closely with WMUK Finance, international business finance, London-based International business units and the WMG Corporate office, based in New York. The position ensures close liaison between the teams it oversees to mitigate process gaps and resolve issues as they appear. The VP, WMI Finance provides leadership, gives guidance on team structure, represents the department to global senior leadership and acts as an escalation point for complex issues that arise within the team or other teams/affiliates. The VP, WMI Finance also has responsibility for ad-hoc, varied projects across both UK and International.

    The position is based in London and reports to the VP, Global Process Lead. It is a 14 month fixed-term contract.

    Here you'll get to:

    We are seeking a dynamic and strategic leader to fill the role of Vice President of Finance Operations and Services for our esteemed International Shared Service Centre. This pivotal position oversees a talented team of four department heads, each managing diverse functions within WMI Finance.

    SSC – Financial Reporting, EMEA – 28 heads

  • Lead the financial reporting for EMEA Publishing and Recorded Music affiliates, ensuring accuracy and timeliness in monthly and quarterly reporting.
  • Spearhead balance sheet reconciliations and maintain a robust internal audit and SOX compliance framework.
  • Cultivate strong relationships with regional CFOs and FDs to swiftly address issues and drive operational efficiency.
  • Tax reporting and compliance for EMEA affiliates
  • Treasury and cash management for EMEA affiliates

    • International Finance – 21 heads

  • Oversee global digital revenue outside the US and international overheads with meticulous attention to detail
  • Drive accurate financial reporting for complex digital deals and manage intricate revenue accruals
  • Collaborate cross-functionally on Group Transfer Pricing accounting to ensure compliance with global standards
  • Implement robust processes for new deal structures
  • Monthly and quarterly reporting, balance sheet recs abd SOX compliance across all international departments
  • External audit responsibility for WMISL
  • Maintaining a strong control environment in a highly complex part of the business
  • Building strong relationships with key global departments including the US digital finance team, business development, legal, corporate finance, tax & treasury teams
  • Represent WMG as the Lead on the IFPI Global Finance Committee, the trade body representing the music industry, responsible for reporting global market sizes and setting global standards
  • Tax compliance including supporting submission of VAT, WHT, PSA and Corporation tax returns
  • Accurate budgeting & forecasting for centrally owned repertoire and international team overheads including Marketing, Finance, HR, IT and more
  • Business partnering to ensure budgets are managed and adhered to

    • SSC – Transactional Finance – 30 heads

  • Provide strategic direction to transactional finance covering EMEA AP, AR, and Expenses

    • SSC – Service Desk, EMEA - 8 heads

  • Lead the EMEA Service Desk team in providing prompt responses to internal and external queries, ensuring seamless operations

    • International Royalties – 20 heads

  • Managing artist royalty contracts within our in-house royalty system, guaranteeing accuracy in artist statements and payments
  • Nurture artist relationships by effectively addressing queries
  • Managing artist audits with sensitivity and professionalism

    • Ad-hoc Projects

    Spearhead various high-impact projects, including global SAP implementation, data migration, system testing, and the transition of regional finance operations into the newly created London SSC

    This role offers a unique opportunity to lead and shape the financial landscape of the global music industry. If you are a visionary leader with a proven track record in financial management and a passion for the music business, we encourage you to apply. Join us in driving innovation and excellence in WMI Finance Operations and Services.

    About you:

  • Significant professional experience managing complex financial accounting
  • Proven track record of managing large teams, motivating the teams to deliver strong results under tight deadlines
  • ACMA, ACA or ACCA qualified with 10+ years post-qualification experience
  • Proficient knowledge of US GAAP and related financial reporting regulations and standards.
  • Strong leadership skills with the ability to work under pressure
  • Cultivate and develop key relationships.
  • Proactive problem-solving abilities
  • Strong analytical skills with the ability to present financial information accurately and effectively.
  • Strong organisational skills with the ability to multi-task.
  • Strong oral and written communication skills, plus the ability to influence others
  • Proven organizational efficiencies and business process re-engineering skills.
  • Proficient in Excel
  • Self-motivated and able to work well independently.
  • Willingness to travel if required

    • We'd love it if you also had:

  • Experience with SAP
  • Music industry experience

    • About us:

    As the home to many music labels including Atlantic, East West, Parlophone, Rhino, Warner Classics, and several other of the world's premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide. Redefining what it means to be a music company in the 21st century, our consumer brands include trendsetters like, Songkick, HipHopDX, and EMP. We're the home to WMX – the next-generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels.

    Together, we are Warner Music Group: Music With Vision & Voice.

    Love this job and want to apply?

    Click the "Apply" link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.

    Don't be discouraged if you don't hear from us right away. We're taking our time to review all resumes, and to find the best people for WMG.

    Thanks for your interest in working for WMG. We love it here, and think you will, too.

    WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law.

    #LI-KS2

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