Warner Music’s Shared Service Center, opened in 2017 and is the home to the financial, legal and administrative functions that provide critical support and best-in-class services to our US Recorded Music and Publishing businesses. The Americas 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.
The Finance department is responsible for managing all the center’s accounting and cash management functions. As a critical component of the Finance department, the Accounting Operations group provides accounting services and support to WMG’s corporate finance, US record labels and US publishing business.
- The Director, Accounting - Global Intercompany is responsible for overseeing reconciliations, settlements, eliminations, and dispute resolution across all legal entities globally.
- General Accounting – responsible for general ledger accounting, including monthly close, balance sheet reconciliations, intercompany accounting, Consolidations, and Asset accounting.
- Work with team to complete submission to corporate and review of related schedules submitted to
- Corporate in conjunction with the monthly/quarterly financials
- Liaise with internal and external auditors, and ensure compliance with SOX requirements including drafting and updating process narratives, and maintenance of requirement documentation
- Reporting and analytics – responsible for reporting and analytics as needed.
- Lead the end-to-end global intercompany accounting function, ensuring accurate and timely reconciliations and settlements across all legal entities
- Oversee the elimination of intercompany balances during the monthly, quarterly, and annual consolidation process
- Lead dispute resolution processes related to intercompany transactions between global affiliates
- Ensure effective financial internal controls and SOX compliance for all intercompany activities
- Lead and mentor a diverse global team of accounting professionals to ensure accurate financial reporting
- Provide Oversight over the preparation of supporting schedules for quarterly filings
- Special projects as requested by business divisions 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 operational 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
- Apply Blackline to automate and monitor closing tasks for area of oversight, and ensure compliance with leadership initiatives related to Blackline.
- 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 or corporate level)
- Experience with Intercompany accounting, consolidations, and Foreign currency translations
- Driver of “change”, and thinks creatively and strategically
- 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.
- Ability to achieve results through influence over external and internal parties who are not direct reports
- Team player who can collaborate with all business units and departments within the company
- Ability to optimally prioritize and execute tasks in a high-pressure environment is essential.
- Solid project management skills, from initial idea through execution
- A “Process First” mentality, 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)