Director, Order To Cash
Warner Music Group
Remote, USThis is a Full Time Job
Director, Order to Cash 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 turn dreams into stardom and audiences into fans.
We are guided by three core values that underpin everything we do across all our diverse businesses:
• Curiosity: We do our best work when we're immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future.
• Collaboration: Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans.
• Commitment: We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we're committed to keeping the faith, acting with integrity, and delivering on our promises.
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.
Job Title: Director, Order To Cash (OTC)
A little bit about our team:
Warner Music's Nashville Shared Services Center (SSC) is the home to the financial and administrative functions that provide critical support and best-in-class services to our US Recorded Music and Publishing businesses. The Nashville Center embodies the innovative and creative spirit that stems from the company's deep history in nurturing entrepreneurial thinking and artist-focused innovation, enabling our employees to develop a wide range of skills through cross-function collaboration and development opportunities.
Your role:
If you are an Amazing Order-to-Cash (OTC) Leader who wants to create a vision and roadmap to build a world-class OTC team within our regional center, then keep reading!
Here you'll get to:
• Oversee the delivery and support of OTC business processes
• Define key performance indicators (KPIs) and develop metric reporting for core programs and processes, then monitor the performance of the OTC business process against targets
• Serve as the primary point of contact for all things OTC for Mergers/Acquisitions
• Work closely with the Business Development team as new deals/agreements are made to achieve systematic revenue processing within the scope of the agreements
• Manage a customer portfolio that generates more than 4 billion in revenue annually
• Lead the team processing all domestic revenue through automated systems (DSPs, touring revenue, physical revenue, etc.)
• Build and strengthen the capabilities of the OTC team by identifying, developing, and overseeing talent within the function
• Position yourself as a relied-on point of contact between all internal functional groups, including, but not limited to, Corporate Finance, Label Finance, Internal Audit, and Shared Services
• Lead Credit and Collections team and advise on Credit Risk Reviews, Establishing Lines of Credit for Physical Music Purchases, etc.
• Collaborate with the Physical Supply Chain / Operations group to drive continuous improvement
• Serve as a point of escalation and final approval for the OTC process
• Lead the team in the performance of day-to-day activities within OTC
• Oversee OTC Analysts (both on and offshore) to ensure disputes are repaid or escalated timely.
Partner with:
• RTR team on the OTC month-end close-related activities, including cash/accounts receivable reconciliations
• PTP team to determine ways to improve WMG's working capital
• GPO in identifying continuous process improvement opportunities
• WMG teams like Risk Management, Treasury, and Legal when pursuing or initiating new OTC portals and/or wallets (including BitPay)
About you:
• 8+ years of experience in a supervisory role in accounting or a related financial role in a shared service environment
• 5+ years of experience in invoicing, collections, and customer credit functions in a high transaction volume organization
• Proven track record of leading and developing outsourced business process teams
• Extremely collaborative team player
• Knowledgeable on front-end systems and all OTC processes
• Bachelor's Degree in Accounting, Finance, Economics, or a related field
• Experience leading collaborative discussions and working with a diverse team of stakeholders to achieve a common goal
• Executive-level communication skills
• Working knowledge of US GAAP, SOX compliance, and audit procedures
• Experience driving continuous improvement and challenging normal operations
• Experience with process design (TQM, Six Sigma , LEAN, Agile, or similar process measurement and analysis techniques)
• Experience ensuring policy and process compliance with applicable laws and data policies
• Experience in desktop applications, financial ERP software, process flow tools, and/or statistical analysis for process improvement
• Extensive experience as a user of a large and complex ERP system
• Basic understanding of IT project management methodology (Agile or SDLC)
• Ability to multi-task and prioritize projects and work under pressure to meet deadlines
We'd love it if you also had:
• CPA, MBA, or equivalent preferred
• Music or Entertainment Industry experience preferred
• Knowledge of SAP and S/4HANA preferred
• Multilingual preferred
Additional Information
As the home to 10K Projects, Asylum, Atlantic Music Group, 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. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. In addition, WMG counts film and television storytelling powerhouse Warner Music Entertainment among its many brands.
Together, we are Warner Music Group: Independent Minds. Major Sound.