Intern, Label Ar Summer
Warner Music Group
Nashville, TNThis was removed by the employer on 2/24/2020 9:30:00 AM PST
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Part Time Paid Internship
Intern, Label AR [Summer 2020]
Job Description:
We currently have a fantastic opportunity to join our innovative and highly sought-after Finance team at Warner Music Group.
Job Title: Order to Cash- Label AR Internship- Summer 2020
A little bit about our team:
The Finance Department is based in WMG's Center of Excellence for Shared Services in Nashville, Tennessee (the ''Center''). The Center is currently home to team members affiliated with four different business service organizations: The U.S. Legal Shared Services organization (or ''LSS''), the U.S. Finance Shared Services organization (or ''FSS''), the Global Data Organization, and WEA Corp. (WMG's distribution company). Employees of the Center provide services to all of WMG's U.S. record labels, Warner Chappell Music Publishing, WEA Corp. and Alternative Distribution Alliance (WMG's distribution companies), and WMG's other U.S. business units.
The Order to Cash Team is a critical piece of the Finance arm of Warner Music Group. At our core, we ensure invoices are sent out and that money comes into the organization, but we do so much more! The team regularly engages with the full roster of labels and various teams throughout the organization to perform the accounts receivable, cash applications, collections, reconciliation and many other processes.
Why this could be your next big break:
In this role, you will build upon your financial acumen by assisting with the creation of invoices and credit memos, processing collections, performing research queries and analysis and recommending journal entries. You will also liaise with business partners including label and publishing divisions, corporate divisions (For example: tax and legal) on various projects.
Here you'll get to:
• Work with our BPO to manage the recording, coding, depositing, researching and application of checks, transactions, credit cards for Merch, Label AR, Publishing and Corporate divisions across the Receivables system;
• Assist with the creation of invoices, credit memos, collections, research queries, analytics and journal entries;
• Ensure that unallocated/unidentified cash receipts are addressed and posted;
• Reconcile bank statements and review and address overall activity, such as chargebacks, fees;
• Help with the monthly A/R close process, including preparation of general ledger adjustments, journal entries, and reconciliation of specific gl accounts;
• Conduct A/R search queries, liaise with business partners including label and publishing divisions, corporate divisions (tax, legal, etc) on various projects;
• Assist with collection of assigned customer account portfolio, lead monthly calls with Labels related to account balances; and
• Monitor Artist tour schedules and liaise with Road Managers to reconcile cash and credit card, and other payment receipts.
Rockstar candidates will meet the following requirements:
• Currently pursuing an Associates, Bachelor's, or Graduate degree
• Knowledge of the music industry with an understanding of various stakeholders groups, internal & external customers bases and the general structure of organizations within the industry;
• Be an Accounting or Finance major;
• Have excellent verbal and written skills;
• Have strong computer skills, including strong data entry skills (with an emphasis on accuracy) and strong proficiency using Microsoft Office's Excel, Word and PowerPoint applications; and
• Have the ability to work well independently and as part of a team.
It would be music to our ears if you also had:
• Understanding of Accounts Receivable, Credit, Collections, Claims Reconciliation, Retail Chargeback Deductions, Cash Application processes, Order Entry, Shipping and Receiving, Returns Processing and Advertising.
• Experience with software packages such as SAP, 4Hana, CashPro, etc.
Our internships experience at WMG:
Warner Music Group is looking for ambitious students and recent graduates with a genuine interest in the music industry and a curiosity to learn about our business. We pride ourselves on providing in-depth, dynamic, and challenging experiences while keeping it fun and having a good time. At Warner, our interns have a voice that is heard and valued. Each day offers a chance to learn a new skill, meet with a different department, and contribute to Warner's global success.
Internships at Warner are paid opportunities designed to provide students with real-world experience working with the most passionate and innovate people in the music industry. Our summer internships will last for 10 weeks and start at the end of May.
You can expect the following application timeline:
December 2019 – Mid-January 2020: Application Review
Mid-January 2020 - March 2020: Interviews
February 2020 - April 2020: Offer stage
Why join us?
Warner Music Group is all about our people. We are one global company made up of the most knowledgeable, passionate, and creative people in our business.
It is the mission of every member of the WMG team around the world to create a nurturing environment for artists, songwriters, and the people behind the music, every stage of their career. We strive to set WMG apart from the rest of the industry by embracing a philosophy of innovation that is part of our company's DNA.
Consider a career at WMG and be a part of one of the biggest forces in music today.
Love this job and want to apply?
Click the ''Apply'' link or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
Don't be discouraged if you don't hear from us right away. We're taking our time to review all resumes, and to find the best people for WMG.
Thanks for your interest in working for Warner Music Group. We love it here, and think you will too.
We are an equal opportunity employer that is committed to inclusion and diversity 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.
We are committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the application or employment process, please send an e-mail to Recruitment@wmg.com and let us know the nature of your request and your contact information.
Copyright © 2019 Warner Music Inc.