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Finance Assistant

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Universal Music Group

10d ago

  • Job
    Full-time
    Entry & Junior Level
  • Business, Operations & Strategy
  • London
  • Quick Apply

AI generated summary

  • You must be passionate about music, eager to grow in finance, adaptable, an effective communicator, proficient in Excel, with strong analytical skills and the ability to manage deadlines.
  • You will assist in monthly presentations, run reports for forecasts and plans, support royalty processing, ensure compliance, and gain experience with financial systems like SAP and Hyperion.

Requirements

  • Must Have
  • A genuine interest in the music industry and in building a career within it
  • A desire to become a finance professional
  • A team player who is good at building professional relationships and adapting a personal approach to deal with different personalities who have varying levels of knowledge and skills across the organisation
  • Ability to communicate effectively, verbally and in written form
  • Strong computer literacy and excellent Excel (or equivalent) skills
  • Excellent analytical skills
  • Flexible with ability to multi-task and prioritise
  • Ability to manage own workload in a pressurised environment and work to tight deadlines
  • Proficiency in Excel (VLOOKUPs, Pivots, SUMIFs) and PowerPoint
  • Nice to Have
  • A degree in Accounting/Finance or similar is preferred (2:1 or higher)
  • Finance specific internship or practical finance experience is a bonus

Responsibilities

  • As part of the Financial Planning & Analysis function, you will:
  • Assist in the running of monthly management presentations across key analysis areas
  • Use a range of systems to extract key reports to support both monthly and ad hoc analysis
  • Support in the quarterly forecast and annual plan processes, running key reports and reconciliations and collaborating with finance teams across the globe to gather additional information and data
  • Learn about industry and market trends and review VMG performance against the latest Forecast, Plan and prior year through tracking of KPIs and deal level P&Ls
  • As Part Of The Finance Operations Function, You Will:
  • Support the monthly reporting process including the preparation of reconciliations, control and assurance reports, and UMG Global Finance deliverables
  • Be involved in the monthly royalty processing for selected operating entities
  • Gain experience in using key financial reporting systems, such as SAP and Hyperion, supporting the month end processes and validation procedures
  • Provide additional off-cycle support to the wider VMG team (assisting with new supplier set up and ad hoc financial system queries)
  • Ensure accuracy, compliance and consistency across financial processes and reporting activities

FAQs

Do we support remote work?

Yes, we support remote work but in a hybrid format.

Do we provide training for new employees?

Yes, we offer hands-on experience and the opportunity to develop professional skills within the finance team.

Is prior finance experience required for this position?

While not required, finance-specific internships or practical finance experience are considered a bonus.

Do we offer any benefits for employees?

Yes, employees are eligible for a variety of benefits including a Group Personal Pension Scheme, Private Medical Insurance, and 25 paid days of annual leave.

What qualifications are preferred for the Finance Assistant role?

A degree in Accounting/Finance or a similar field, preferably with a 2:1 or higher, is preferred for this position.

Will I have the opportunity to advance within the company?

Yes, there is potential for career advancement as the company values emerging talent and offers opportunities to be considered for future roles.

What key skills are required for this position?

Required skills include strong analytical skills, proficiency in Excel, effective communication, and the ability to manage multiple tasks in a pressurized environment.

Is there a focus on diversity and inclusion within the company?

Yes, Universal Music is committed to diversity and inclusion, ensuring that all applicants and employees are treated fairly and have access to support based on their individual needs.

What kind of financial systems will I use in this role?

You will gain experience using key financial reporting systems, such as SAP and Hyperion, as well as Excel for reporting and analysis.

How can I apply for this position?

To apply, please submit your application through the designated recruitment channels listed on the Universal Music careers page.

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Universal Music Group

We are Universal Music Group, the world’s leading music company.

Entertainment & Media
Industry
5001-10,000
Employees
1934
Founded Year

Mission & Purpose

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. Universal Music Group's labels include A&M Records, Astralwerks, Blue Note Records, Capitol Christian Music Group, Capitol Records, Capitol Records Nashville, Caroline, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, EMI Records Nashville, Fonovisa, Geffen Records, Harvest, Interscope Records, Island Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Republic Records, Universal Music Latino, Verve Label Group, Virgin Records, Virgin EMI Records, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world. Universal Music Group is a Vivendi company.