Manager, Finance
Universal Music Group
Santa Monica, CAThis was removed by the employer on 7/28/2014 12:22:00 PM PST
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Full Time Job
JOB DESCRIPTION:
Summary:
This position will be responsible for processing all third party digital sales files for Universal Music Group Distribution (UMGD). Duties include revenue recognition, planning/forecasting, IT system oversight, and contractual compliance. This position interacts with all levels of internal UMGD management as well as with the finance and operational employees of the US labels, business analysis, legal, royalties and external digital service providers. This position reports directly to the Director of Digital Finance for UMGD.
Responsibilities and Duties:
This specifically covers the following three areas:
1) Processing third party account transaction files into UMG systems
a) Review reported data for accuracy and completeness
b) Review, approve and post corresponding journal entries to record revenue.
c) Review and reconciliation of the data created from digital sales processor
with downstream systems.
d) Resolution of transaction file issues with third party accounts.
e) Maintain third party reporting and payment status report.
2) Review and clearance of suspense transactions resulting from inaccurate data
submissions from third party digital accounts.
3) Management and label reporting of UMG digital revenue.
Other key responsibilities include, but are not limited to, the following:
1) Communication with third-party companies regarding all issues of compliance.
2) Support both owned and distributed labels with any general inquiries, management
reporting and ad hoc analysis.
3) Review of journal entries and other duties performed by staff.
4) Special projects, analysis and presentations as required.
5) Review and supervision of 1-2 staff.
JOB REQUIREMENTS:
Requirements:
• Bachelor Degree with a major in Finance or Accounting
• A professional with a minimum of 5 years experience in related field
• CPA preferred but not required with diversified experience
• Entertainment industry experience a plus
• Excellent verbal and written communication skills
• Advanced Excel proficiency, including use of pivot tables and worksheet functions
• SAP experience a plus