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.
WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences.
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: VP, Off Roster Finance
A little bit about our team:
The Global Catalog division of Warner Music Group, is responsible for overseeing Warner’s vast, eclectic roster of iconic artists, labels, albums, and songs. Developed out of the groundbreaking catalog label Rhino Records, who continue to the pioneer the business with award-winning product releases and innovative marketing campaigns, Global Catalog works closely with the artists and Warner Music labels around the world such as Atlantic, Elektra, Parlophone, and Warner Records to develop new opportunities for all eras of catalog. The Warner catalog spans over eight decades, including material by some of the most important artists in the history of music including David Bowie, Michael, Bublé, Coldplay, John Coltrane, The Doors, Eagles, Fleetwood Mac, Aretha Franklin, Grateful Dead, Led Zeppelin, Madonna, The Notorious B.I.G., among many others.
Your role:
Reporting to the CFO, Global Catalog this position will manage the financial reporting and planning for Off Roster repertoire globally by maintaining strong connections with Labels and Affiliates (L&A) around the world. You will also lead the finance teams for Global Classics and X5 responsible for financial reporting, financial planning & analysis, strategic deal analysis, cash management and coordination with RM and Corporate Finance.
Here you’ll get to:
Global Off Roster Finance
Analyse L&A performance, during month end close and forecast cycles, to Budget and Prior year and identify key drivers
Review and distribute monthly reporting packages and review meeting decks
Oversee the calculation and communicate of updated streaming forecasts to L&A
Track achievement towards growth initiatives in partnership with Business Intelligence team
Analyse data by Market, Artist, DSP etc to determine drivers of performance supported by the Business Intelligence team
Oversee global marketing budget and provide forecasts to L&A finance teams
Liaise with L&A on all matters relating to Off Roster
Classics and X5 Finance
Oversee the monthly financial close – involves coordination with various departments across the company, review of P&L, balance sheet and supporting schedules. Also includes analytical review of all revenue streams, margin costs, marketing, artists & repertoire investments and overhead with explanation of variances between results and projections.
Lead the team in budget process and financial forecasting – supervise the preparation of the annual budget and monthly forecasts.
Evaluate and restructure operations and processes to ensure efficient running of the finance teams.
Provide recommendations with financial analysis to assist in business decision-making.
Responsible for ensuring proper internal controls are implemented at the label.10
About you:
Have strong financial and analytical capabilities – an intuitive, strategic thinker
Strong communication abilities
Be comfortable with senior level executives across different areas of the company
Be a highly organized person who thrives in a fast paced, ever transforming work environment
Possess strong multi-tasking abilities
Works well with change and is a team player
We’d love it if you also had:
Degree in finance or accounting
10+ years of financial and management experience
Music industry experience
Advanced MS Office skills
About us:
As the home to Asylum, Atlantic, East West, Elektra, 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. Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels.
Together, we are Warner Music Group: Music With Vision & Voice.
Love this job and want to apply?
Click the “Apply” link at the top of the page, 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 WMG. We love it here, and think you will, too.
#LI-Hybrid
WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religion or belief, age, sex, sexual orientation, gender, gender identity or gender reassignment, marital or civil partnership status, disability, pregnancy, childbirth or any other characteristic protected by law.
