At a Glance
- Tasks: Lead a team in global financial reporting and analysis, ensuring accuracy and compliance.
- Company: Join Universal Music Group, a leader in the music industry with a dynamic culture.
- Benefits: Competitive salary, professional development, and opportunities to work in a creative environment.
- Other info: Collaborative team environment with opportunities for career growth.
- Why this job: Make an impact in the music industry while developing your financial expertise.
- Qualifications: Relevant financial qualification and experience in global finance reporting.
The predicted salary is between 60000 - 75000 € per year.
Requirements
- A relevant qualification (ACA, ACCA, CIMA or equivalent) with experience in financial controls and accounting, either from within business or as an auditor.
- Prior experience managing multiple processes reporting cycles in a Global Finance Reporting role.
- Prior experience managing a team in a Global Finance Reporting role.
- Experience in financial reporting requirements, specifically IFRS.
- Technical IFRS knowledge (IFRS 16, IFRS 3, IAS 38 among others).
- Ability to manage and coach junior team members and provide support to colleagues at all levels including training where necessary.
- Ability to communicate effectively, verbally and in written form to explain/present results.
- Strong planning and organisational skills, with ability to manage own workload in a pressurised environment and work to tight deadlines.
- Ability to apply knowledge from previous global experiences and share knowledge and insight.
- Ability to build and sustain strong relationships with colleagues and lead firmwide teams of mixed grades and experience.
- Strong interpersonal skills necessary to develop strong relationships with colleagues from the different territories within Universal Music.
- Excellent analytical skills and experience building excel spreadsheets up to macro level.
- Interest in music with an enthusiasm to work within the industry.
- (Desirable) Knowledge of HFM products would be advantageous.
What the job involves
The Global Financial Reporting team is responsible for the consolidation of the global operating company results, review of the financial reporting of the operating companies, integration of business combinations, communicating the results to the external market and providing analysis and presentations on group financial reporting to management. The team also closely supports the UMG CFO and UMG Board, and provides assistance to the Heads of Finance in the operating companies globally.
As a Global Financial Reporting manager, you will report into the VP, Global Finance Reporting. The role will focus on the preparation, analysis, review and presentation of the Group Management accounts to senior management. The manager will also play a critical role in the management of the month-end timetable and related processes, providing assistance of a technical accounting nature to operating companies across the Group, implementation and monitoring of control environment improvements and maintenance of a Key Transaction register to support all material group reporting positions.
Fulfilling these key responsibilities will require managing a team of Global Reporting Analysts and liaising closely with the External Reporting team, treasury function, FP&A analysis team and senior management.
- Analysis, review and presentation of the Group Management Accounts to be shared with key senior management.
- Managing team of Global Reporting Analysts through coordination of workloads, priority setting and review of tasks to ensure compliance, accuracy, integrity and timeliness of Group reporting. Provide training and support on financial reporting areas for the team.
- Management of month-end Group consolidation, Group level analysis and review processes, including consolidation entries and central adjustments.
- Support of forecast and plan cycles throughout the year, which includes Group level analysis and timeliness of reporting.
- Control owner over key/non-key monthly management controls, ensuring these are performed and signed off on a timely basis.
- Development, review, implementation and monitoring of financial controls and control environment on a continuous basis.
- Maintenance of Key Transaction register as support for all material transactions and material positions.
- Advising on technical accounting matters where they arise, for example within Business Combinations, Music Catalogue activity or IFRS16 (among others).
- Support of internal chart of accounts and related consolidation system integration with other key business finance systems.
- Providing support to teams from different territories on consolidation and technical questions.
- Communicating with the wider team on month-end consolidation process and insights that affect the wider team.
- Assist with the audit process for the Group.
- Provide additional off-cycle support to VP, Global Financial Reporting and SVP, Global Financial Reporting and Analysis.
- Maintenance of KPIs for financial reporting.
- Implementing and developing continued improvements across the reporting team.
Global Financial Reporting Manager (12 Month Fixed-Term Contract) in London employer: Deepstreamtech
At Universal Music, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. As a Global Financial Reporting Manager, you will benefit from comprehensive professional development opportunities, a collaborative environment that encourages innovation, and the chance to work alongside passionate colleagues in the vibrant music industry. Our commitment to employee growth and well-being, combined with our global reach, makes this a truly rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Global Financial Reporting Manager (12 Month Fixed-Term Contract) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at Universal Music or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your IFRS knowledge and financial reporting skills. We recommend practising common interview questions related to financial controls and team management to show you're ready to hit the ground running.
✨Tip Number 3
Show your passion for music! When you get the chance, share your enthusiasm for the industry during interviews. It’s a great way to connect with the team and demonstrate that you’re not just about numbers but also about the culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Global Financial Reporting Manager (12 Month Fixed-Term Contract) in London
Some tips for your application 🫡
Show Off Your Qualifications:Make sure to highlight your relevant qualifications like ACA, ACCA, or CIMA right at the start. We want to see how your experience in financial controls and accounting makes you a perfect fit for this role!
Tailor Your Experience:When detailing your past roles, focus on your experience managing multiple reporting cycles and teams. We love seeing how you've handled similar responsibilities in a Global Finance Reporting context, so don’t hold back!
Communicate Clearly:Since effective communication is key, ensure your written application is clear and concise. Use straightforward language to explain your achievements and how they relate to the job – we appreciate a good storyteller!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and get you into the process smoothly. We can’t wait to hear from you!
How to prepare for a job interview at Deepstreamtech
✨Know Your Numbers
Brush up on your technical IFRS knowledge, especially IFRS 16, IFRS 3, and IAS 38. Be ready to discuss how you've applied these standards in previous roles, as this will show your expertise and confidence in financial reporting.
✨Showcase Your Leadership Skills
Prepare examples of how you've managed and coached teams in the past. Highlight specific instances where you’ve helped junior team members grow or improved team performance, as this role requires strong interpersonal skills and the ability to lead effectively.
✨Master the Art of Communication
Practice explaining complex financial concepts in simple terms. You’ll need to present results to senior management, so being able to communicate clearly and effectively is crucial. Consider doing mock presentations to refine your delivery.
✨Demonstrate Your Organisational Skills
Be prepared to discuss how you manage tight deadlines and multiple reporting cycles. Share strategies you use to stay organised and ensure compliance and accuracy in your work, as this will be key in managing the month-end timetable.
