[Hiring] Director of Accounting @Warner Music Group

Role Description

The Director of Accounting Operations is responsible for providing leadership and direction to our financial shared service organization that performs the following finance and accounting functions on behalf of the US business units:

• General Accounting – responsible for general ledger accounting, including monthly close, balance sheet reconciliations, intercompany accounting, and inventory accounting.
• Inventory Administration – responsible for month end accounting accruals and reconciliations related to Inventory accounting, and provide guidance over the inventory accounting process.
• Royalty Finance – responsible for analyzing royalty expense, balance sheet account reconciliations, and other ad hoc analysis.
• Revenue and Related expenses – responsible for analyzing Revenue and expense recognition, balance sheet account reconciliations, and other ad hoc analysis.
• Reporting and analytics – responsible for reporting and analytics for supported affiliate Financial statements.

Key responsibilities include:

• Ensure effective financial internal controls; identify and remediate control gaps.
• Ensure accuracy of monthly, quarterly, and annual consolidated statements by investigating and monitoring discrepancies against expectations and providing explanations.
• Lead and mentor a diverse team of accounting managers and analysts onshore and offshore to prepare monthly, quarterly, and annual consolidated financial information and reports.
• Acquisition integration as needed.
• Special projects as requested by business units and corporate.
• Provide excellent customer service and develop/maintain strong relationships with different business unit finance organizations, including the respective CFO and VP of Finance.
• Develop an environment of constant process improvement that results in definable projects that are delivered timely and result in cost savings to the entire organization.
• Facilitate and bridge gaps between the areas of Finance, Accounting, IT, Strategy, and Operations.
• Develop, recommend, and implement all strategy relating to Financial Shared Services functions.
• Monitor and analyze monthly operating results against budget.
• Interact with internal and external auditors to resolve potential issues and new transactions; act as primary point of contact for area of oversight.
• Utilize Blackline to automate and monitor closing tasks for area of oversight, and ensure compliance with leadership initiatives related to Blackline.
• Ad hoc analysis and projects.

Qualifications

• BA/BS in Accounting; Master’s of Accounting a plus.
• 8-10 years of progressive accounting or controllership experience with at least 3-5 years in a Global Business Services (GBS) leadership role (supporting executive leadership at the CFO level).
• Inventory accounting experience and expertise required.
• Revenue Recognition experience (ASC 606/IFRS15).
• Large, multinational company experience.
• Driver of “change”, and thinks creatively and strategically.
• Strong understanding of Sarbanes-Oxley compliance.
• Quantifiable examples of achievements and strong track record of success.
• Experience in strong communication and strategy presentation.
• Strong leader who can influence and lead initiatives within the company, and manage and motivate.
• Ability to achieve results through influence over external and internal parties who are not direct reports.
• Excellent written and verbal communication skills.
• Team player who can cooperate/collaborate with all business units and departments within the company.
• Ability to effectively prioritize and execute tasks in a high-pressure environment is crucial.
• Solid project management skills, from initial idea through execution.
• A “Process First” mindset, understanding that the software only works if the underlying workflow is clean.
• Demonstrated professional maturity with unquestioned personal and business integrity.
• Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles (GAAP).
• CPA a plus.

Requirements

• SAP S4 Hanna.
• HFM familiarity.
• Blackline experience.

Benefits

• Salary Range: $140,000 to $160,000 Annually.
• Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

Company Description

Warner Music Group is 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. Our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalog 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.