At a Glance
- Tasks: Manage day-to-day accounting and financial reporting for music business units.
- Company: Join Universal Music, the world's leading music company with a vibrant culture.
- Benefits: Enjoy competitive salary, private medical insurance, and generous annual leave.
- Other info: Diverse and inclusive workplace committed to supporting all talents.
- Why this job: Be part of a dynamic team shaping culture through artistry and innovation.
- Qualifications: ACA, ACCA or CIMA qualified with strong analytical skills and SOX experience.
The predicted salary is between 40000 - 50000 £ per year.
Music is Universal. It’s the passionate and dedicated team at Universal Music who help make us the world’s leading music company. From A&R to finance, legal to digital, sales to marketing, Universal Music is the place to grow and develop your career within a truly commercial and innovative business that leads in everything it does.
Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of gender, race, disability, sexual orientation, religion, belief, age, marital status, background, pregnancy, or caring responsibilities. We also recognise the importance of diversity of thought within our teams and are fully committed to embracing the talents of people with autism, dyslexia, ADHD, and other forms of neurocognitive variation. We will always seek to make appropriate adjustments to recruitment, workplaces, and work processes to be fully inclusive to people with different needs and working styles.
The UK Finance team is a central function within UMPG, acting as a trusted partner to the business. We are responsible for delivering insightful analysis, robust financial planning, and commercial support that helps guide strategic decisions across the organisation. Working cross-functionally with senior leaders, A&R, Business Affairs, Sync and Administration teams, the finance team ensures our investments in artists and songwriters are underpinned by sound data, agile planning and informed forecasting. Collaboration, curiosity and integrity are at the heart of what we do.
Seeking ACA, ACCA or CIMA qualified candidates with an accounting background and SOX experience. The Management Accountant is responsible for the day-to-day accounting and financial reporting of certain business units within UMPG.
Key Responsibilities- Financial: Responsible for month end close process including commentaries on results and cash flow and Management Pack. Ensure the maintenance and upkeep of general ledger, to include reconciliations, calculation of provisions/accruals and general review of accounts, journal posting. Compliance to Sarbanes-Oxley control environment. Ensure that all information provided to support P&L and Balance sheet amounts is accurate and adheres to accounting policies and that Month End figures are supplied correctly and to deadline. Assisting in preparation of financial statements. Liaising with both internal and external auditors. Responsible for artist contractual and non-contractual payments & budget approval on the system.
- Technical: Innovation of analytical techniques used. Tapping into the potential of available data and insight/analysis from across the company.
- Administrative: Adherence/improvement of business procedures and policies. Responsible for preparation of ad-hoc analysis requested by the business.
- Must Have: ACA, ACCA or CIMA qualified. Good academic background & strong analytical skills. Sarbanes-Oxley experience. Experience of closing out month end – including understanding of a full profit and loss account and balance sheet. Ability to implement business and operational systems. Ability to work under pressure, possible longer hours and experience working in a fast-moving environment. Driven and motivated to progress. Personable.
- Nice to Have: Microsoft Office, SAP Business Objects, Hyperion, In-house packages.
We are Universal Music Group UK – the UK’s leading music-based entertainment company. We exist to shape culture through the power of artistry. We help UK artists produce, distribute and promote the most critically acclaimed and commercially successful music to inspire and entertain fans at home and around the world.
Bonus Tracks: Your Benefits- Group Personal Pension Scheme (between 3% and 9%)
- Private Medical Insurance
- 25 paid days of annual leave
- Interest Free Season Ticket Loan
- Holiday Purchase scheme
- Dental and Travel Insurance options
- Cycle to Work Scheme
- Salary Sacrifice Cars
- Subsidised Gym Membership
- Employee Discounts (Reward Gateway)
The company presents this job description as a guide to the major areas and duties for which the jobholder is accountable. However, the business operates in an environment that demands change and the jobholder's specific responsibilities and activities will vary and develop. Therefore, the job description should be seen as indicative and not as a permanent, definitive, and exhaustive statement.
Management Accountant employer: Universal Music Group
Universal Music Group UK is an exceptional employer, offering a vibrant work culture that champions diversity and inclusion while fostering personal and professional growth. With a commitment to innovative practices in finance and accounting, employees benefit from a supportive environment, competitive perks such as private medical insurance, generous annual leave, and opportunities for career advancement within the dynamic music industry.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Universal Music. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Show how your skills align with their mission to shape culture through artistry.
✨Tip Number 3
Practice your financial analysis skills. Be ready to discuss how you can innovate analytical techniques and contribute to the finance team’s goals.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Management Accountant role. Highlight your ACA, ACCA, or CIMA qualifications and any relevant SOX experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Share your passion for music and how your analytical skills can contribute to our finance team. Be genuine and let your personality come through.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, provide examples of how you've used data to drive decisions in previous roles. We love seeing how you can innovate and improve processes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining the Universal Music family!
How to prepare for a job interview at Universal Music Group
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your financial acumen. Brush up on key financial concepts, especially those related to P&L and balance sheets. Be ready to discuss how you've handled month-end processes in the past.
✨Showcase Your SOX Knowledge
Since compliance with Sarbanes-Oxley is crucial for this role, make sure you can articulate your experience with SOX controls. Prepare examples of how you've ensured compliance in previous positions, as this will show your understanding of the regulatory environment.
✨Highlight Your Analytical Skills
Universal Music values innovation in analytical techniques. Be prepared to discuss specific tools or methods you've used to analyse data and provide insights. Think about how you can tap into available data to support decision-making in your previous roles.
✨Emphasise Collaboration
This role requires working cross-functionally with various teams. Share examples of how you've successfully collaborated with others, particularly in high-pressure situations. Highlight your ability to communicate effectively and build relationships across departments.
