Analyst, Participations
Warner Music Group
Burbank, CAThis was removed by the employer on 5/18/2015 3:43:00 PM PST
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Full Time Job
Department Description:
Warner Music Group Services, WMG’s shared service center, is responsible for the overall accounting, financial reporting, and monthly close process for WMG’s U.S. subsidiaries.
WMGS is also responsible for the accounting and distribution of 3 rd party financial statements pursuant to agreements providing labels or artists with a profit participation, distribution services or joint venture entitlement.
High Level Job Description:
Prepare participation, Pressing & Distribution (P&D), merchandise and tour statements on behalf of WMG’s recorded music labels and subsidiaries.
Detailed Job Description/ Responsibilities:
• Prepare participation, Pressing & Distribution (P&D), merchandise, and tour statements in accordance with financial terms detailed in the contract
• Read contract briefs and understand key contract terms to facilitate accurate reporting
• Prepare, analyze, and review supporting data
• Communicate with various label departments to research matters as required
• Assist with monthly and quarterly accounting close process as it relates to participation reporting, including, but not limited to, updating schedules, preparing balance sheet reconciliations, preparing journal entries, and maintaining documentation
• Prepare cash flow reports
• Document procedures performed
• Maintain real time schedules of statement status
• Learn operational and accounting systems and the related flow of data through the systems
• General and ad hoc tasks relating to participations
Required Competencies/Skills:
• Advanced proficiency with MS Excel
• Strong attention to detail
• Excellent written and verbal skills needed in communicating with various departments
Special Requirements/Preferences:
• 2 years’ experience in related capacity
• SAP experience is a plus
• Entertainment/Music Industry experience a plus
• Participations and/or Royalties experience a plus
Education Required/Preferred:
• BA/BS degree required, preferably in accounting or finance related fields
Our Company is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national Origin, alienage or citizenship, disability, marital status, familial status, military or veteran status, or any other legal recognized protected basis under federal, state or local laws, regulations or ordinances.
Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws and the Company complies with all applicable reasonable accommodation requirements which such laws may require. Accordingly, please inform the Company’s Human Resources representative if you need an accommodation in order for you to complete any employment application-related forms or otherwise to participate in the application or selection process for the position for which you are applying. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity and will enable applicants to participate in the application and selection process and for employees to perform the essential functions of their jobs without imposing undue hardship on our Company. The Company also will make reasonable accommodations to an applicants or employee’s religious beliefs and practices as may be required by law, unless an undue hardship would result.