Global Financial Reporting Analyst

Full Time Job
Description

Job title: Global Financial Reporting Analyst

Responsible to: Director, Global Financial Reporting

Department: Global Finance

Location of work: 4 Pancras Square, King’s Cross

Music is Universal

It’s the passionate and dedicated team at Universal Music who help make us the world’s leading music company. From A&R to finance, legal to digital, sales to marketing, Universal Music is the place to grow and develop your career within a truly commercial and innovative business that leads in everything it does.

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of gender, race, disability, sexual orientation, religion, belief, age, marital status, background, pregnancy or caring responsibilities. We also recognise the importance of diversity of thought within our teams and are fully committed to embracing the talents of people with autism, dyslexia, ADHD and other forms of neurocognitive variation.

We will always seek to make appropriate adjustments to recruitment, workplaces, and work processes to be fully inclusive to people with different needs and working styles. If you need us to make any reasonable adjustments for you from application onwards, including alternatives to the online form or to disclose a neurocognitive condition, please email Helen@umusic.com

The A Side: A Day in The Life

The role is a post-qualified position within the Global Finance team reporting to the Director, Global Finance Reporting. The Global Financial Reporting team is responsible for: the consolidation of the global operating company results, review of the financial reporting of the operating companies, communicating the results to the corporate shareholder and providing analysis and presentations on group financial reporting to management. The team also closely supports the UMG CFO and UMG Board, and provides assistance to the Heads of Finance in the operating companies.

The B Side: Skills & Experience

Be Financial
• As part of the Global Financial Reporting team, this role will be involved in the completion of the monthly / forecast / plan consolidation processes and procedures including a number of reconciliations and analyse
• Assist in the processing and reporting of monthly results to the corporate shareholder
• Detailed balance sheet and (non-Operating) income statement variance investigations upon the monthly actual and forecast results compared to budget for both group, divisional and operating company level
• Help in the production of quarterly balance sheet deck and other key analysis on the group financial reporting for circulation to key UMG senior financial management
• Reporting of UMG fictive entities in HFM
• Roll forward and update monthly analysis files and templates
• Provide additional off-cycle support to Director, Global Financial Reporting and VP, Global Financial Reporting and Analysis
• Development and maintenance of KPIs for financial reporting
• Ensuring adherence to the UMG accounting policy book and relevant IAS requirements and disclosures

Be Collaborative
• Act as point of contact with key territories on technical accounting issues to resolution
• Liaise with country finance contacts to ensure all the country submissions are accurate, complete and that all supplementary schedules are complete.
• Work closely with Group Finance FP&A to ensure key information & analysis is shared and to make the territory reporting efficient

Person Specification
Necessary
• Team player with strong work ethic
• Ability to communicate effectively, verbally and in written form. In addition must be able to explain/present results (especially financial) in a clear, accurate and concise form
• Strong interpersonal skills necessary to develop strong relationships with colleagues from the different territories within Universal Music
• Excellent analytical skills and experience building excel spreadsheets up to macro level
• Attention to detail and ability to follow up issues until resolved
• Flexible with ability to multi-task and prioritise
• Ability to manage own workload in a pressurised environment and work to tight deadlines
• Interest in music with an enthusiasm to work within the industry

Desirable
• Knowledge of Hyperion products would be advantageous

Bonus Tracks: Your Benefits
• Group Personal Pension Scheme (between 3% and 9%)
• Private Medical Insurance
• 25 paid days of annual leave
• Interest Free Season Ticket Loan
• Holiday Purchase scheme
• Dental and Travel Insurance options
• Cycle to Work Scheme
• Salary Sacrifice Cars
• Subsidised Gym Membership
• Employee Discounts (Reward Gateway)

Just So You Know…
The company presents this job description as a guide to the major areas and duties for which the jobholder is accountable. However, the business operates in an environment that demands change and the jobholder's specific responsibilities and activities will vary and develop. Therefore, the job description should be seen as indicative and not as a permanent, definitive and exhaustive statement.