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Director, Us Finance, Artist & Fan Experiences

Company

Warner Music Group

Address , New York, Ny
Employment type FULL_TIME
Salary $130,000 - $150,000 a year
Expires 2023-06-17
Posted at 1 year ago
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:
  • Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
  • 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.
  • 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 Warner Music Artist & Fan Experiences Group functions as a centralized, in-house creative agency for the Warner Recorded Music roster as well as for third party artists who need our expertise. This team is responsible for the development of programs to grow 1) fan engagement across digital, social, gaming and emerging platforms, 2) cultural resonance, and 3) revenue and market share for artists. This happens through merchandising, ticketing, subscriptions, content, collaborations, and more. Turning label and artist goals into ''must-have'' experiences for fans.
Your role:
The Director US, Finance works closely with the SVP Finance and the global finance teams to manage the financials for a portfolio of businesses for Warner Music Group artists and 3rd party artist on the Artist Arena Merchandise Label. As a member of the AFX global finance team you will gain experience working alongside AFX business leaders driving financial performance for the eCommerce, Retail, Licensing, Tour and VIP businesses. You’ll get exposure to driving initiatives to optimize, automate and streamline financial and business reporting and processes. Primary responsibilities include financial and operational analyses, margins and cost management, financial modelling and finance transformation.
Here you’ll get to:
  • Manage merchandise business’ P&L, Balance Sheet and Cashflow; responsible for corporate deliverables to ensure the financial and statutory reporting of eCommerce, Retail, Licensing, Tour and VIP businesses
  • Manages US merchandise supply chain/distribution cost analytics and inventory management to identify areas for margin improvements and efficiencies
  • Supervise and invest in development of team of four (two direct reports) to create opportunities for enhancement and growth
  • Partner with business leaders to drive growth and margin improvement initiatives
  • Provides analysis and consultation in developing new business opportunities and artist deals; prepares projections, delivers deal analyses and monitors activity to help drive performance
  • Proactively develops ad hoc reporting and analytics to provide value added insights to management
  • Prepares and looks after annual budgets and monthly forecasts with commentary of financial results including variance analysis actuals vs budget; communicates results to departments heads; develops action plans to hit targets where needed
  • Engages on finance transformation initiatives; builds and oversee business processes that will streamline dataflow for maximum efficiency and effectiveness and ensure successful execution of business plans
  • Manages financial controls and risk management procedures; recommend data flow and controls improvement
  • Design and streamline financial and operational reporting to help better monitor and report out business performance
  • Create and streamline cost management structure used for tracking special project initiatives, marketing ventures, vendor costs, T&E and overheard.
  • Create and maintain multifaced financial models to assist in strategic initiatives and critical decisions
  • Define design requirements to automate reporting processes including building out inventory costing systems and processes, artist reporting, financial statement consolidations and champion initiatives including global financial ERP rollout
  • 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
  • Continually identifies improvements via best practice replication, creative and innovative solutions, and alignment of goals and objectives
  • Liaises and oversees coordination of operators, IT, shared services teams to ensure effective and appropriate revenue processing and reporting for various business streams
About you:
  • 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
  • CPA or equivalent certification a plus
  • Degree in Accounting or Finance
  • You will be working across many different business areas; it will be important for you to be flexible, dynamic and diplomatic so you can effectively adapt to business requirements
  • Exhibit strong project management and organization skills, including the ability to multi-task and prioritize various workstreams simultaneously
  • 8+years of FP&A, Accounting, Big 4 public accounting
  • Proactive, self starter with proven experience developing and structuring effective and high performing finance teams
  • Proficient knowledge of US GAAP and related financial reporting requirements and standards
  • Demonstrated experience in business process improvement, streamlining reporting and operations
  • You have an entrepreneurial spirit and are motivated by innovation and excellence
  • Dynamic individual who can easily adapt and thrive in a creative, dynamic, fast-paced environment and manage multiple projects and resources effectively
  • Highly organized with a strong ability for critical-thinking, excellent analytical and problem-solving skills
  • You have a high level of intellectual curiosity, especially around music, technology, and entertainment
  • Minimum of 5 years of experience managing and developing teams
  • Strong data proficiency, with an ability translate insights into actionable recommendations
  • Advanced excel skills, data analyses, deal modeling
  • Driver of “change” and thinks creatively and strategically
  • 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
We’d love it if you also had:
  • Experience with SAP and HFM a plus
  • Music, Merchandise, Retail, eComm, media & entertainment experience a plus
  • Finance transformation, Business process re-design, Internal Audit experience a plus
About us:
As the home to 300 Elektra, Asylum, Atlantic, East West, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, 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 trend-setters like UPROXX, 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.
#LI-Hybrid
Salary Range
$130,000 - $150,000 annually
Salary Ranges are included for all NY, California job postings and 100% remote roles where talent can be located. 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.
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.
Copyright © 2023 Warner Music Inc.