Risk Assessment Manager
Universal Music Group
Universal City, CAThis is a Full Time Job
Universal Music Group is currently seeking a Risk Assessment Manager for the Universal City, CA location.
OBJECTIVE: To serve as financial analytical support for the credit function.
Responsibilities:
•Performs financial statement analysis and financial modeling of entities/companies. Assesses credit, financial, business and industry risks. Evaluates earning quality and sustainability, debt, capacity, asset/liability mix, appropriateness of capital structure and financial management. Constructs and updates financial models as needed. Conducts financial sensitivity analysis, compares actual results versus budgeted performance.
•Conducts industry analyses, examining size, structure, growth rates etc. Develops comparative data to assess historical performance, future trends and relative risk ratings. Profiles key performance measures for companies. Prepares written industry studies.
•Makes recommendations to senior management based on analysis and identifies creative options to mitigate risk.
•Prepare and distribute month end reports such as; Bad Debt Reserves, Cash Forecast and Variance, Trend Analysis for sales, collections, and anticipated risk, Receivables analysis and status as well as other special projects and ad hoc reports as requested.
•Maintain collateral database for all corporate accounts
•Maintain bad debt write off log.
•Responsible for the explanation of monthly fluctuations in open receivables and cash receipts.
•Create and prepare month end senior management credit package.
•Act as department liaison to related studio and music finance groups.
•Responsible for assisting the direct supervision of Credit Analysts.
Important Relationships
Senior Credit staff, Credit Analysts, senior management and related various finance groups.
Qualifications
•Bachelors degree in Accounting, Business, Finance, Economics or a related field
•2+ years relevant work experience
•Excellent communication and presentation skills
•Ability to interact with sr. management effectively
•Advanced proficiency in MS Office applications, especially Excel
•Excellent skills in financial accounting
•Familiarity with security instruments – letters of credit, UCC’s, etc.
