At a Glance
- Tasks: Assist in delivering accurate financial results and support month-end processes.
- Company: Join Universal Music, the world's leading music company with a vibrant culture.
- Benefits: Enjoy competitive benefits including private medical insurance and generous annual leave.
- Other info: Inclusive workplace committed to diversity and personal growth.
- Why this job: Be part of a passionate team in the dynamic music industry while developing your finance skills.
- Qualifications: 1 year of finance experience and studying towards AAT, ACCA or CIMA.
The predicted salary is between 40500 - 49500 £ 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. If you need us to make any reasonable adjustments for you from application onwards, including alternatives to the online form or to disclose a neurocognitive condition, please email UniversalMusicCareers@umusic.com.
The A Side: A Day in The Life
To assist the Senior Management Accountants in delivering the timely, accurate and well-presented results for the Central UK Recorded Music company. Working with our Shared Service centre to maximise the team’s efficiency and effectiveness.
Building and maintaining strong working relationships with key stakeholders across the business including, Record Labels, Finance, IT, Commercial, Royalties, Legal and Tax departments.
The B Side: Skills & Experience
Be financial
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Assist with the preparation of month-end financial results within corporate deadlines, including accruals, interface closings, journals, balance sheet reconciliations and variance analysis.
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Prepare supporting schedules and analysis for monthly management accounts.
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Assist with variance analysis and investigate movements against budget and prior periods.
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Support in the monthly HFM submission to corporate finance, monthly management pack preparation and variance analysis on the P&L.
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Assist with audit requests and statutory reporting requirements.
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Support the Senior Management Accountants in maintaining an effective financial control framework, including compliance with internal controls and finance processes across our onshore and offshore teams.
Be collaborative:
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Work closely with the Shared Service Centre to resolve queries and clear reconciling items.
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Build effective relationships with finance and non-finance stakeholders.
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Contribute to improving finance processes and ways of working.
Be analytical:
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Investigate financial variances and balance sheet movements.
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Prepare financial analysis for the Senior Management Accountants, Group Finance Director and other stakeholders across the business.
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Assist with ad hoc reporting and analysis for the wider finance team.
Person Specification
Essential:
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Approximately 1 year of experience in a finance or accounting role.
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Studying towards AAT, ACCA or CIMA, or intending to begin a professional qualification.
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Good understanding of accounting principles, including journals, accruals and prepayments.
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Strong Excel skills (Pivot Tables, VLOOKUP/XLOOKUP and basic formulas).
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Enthusiastic, self-motivated and interested in working within the music industry.
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Excellent attention to detail and organisational skills.
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Strong communication skills and willingness to learn.
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Ability to prioritise work and meet deadlines.
Desirable:
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Experience with SAP or another ERP system.
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Exposure to month-end accounting.
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Experience working with shared service centres.
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Exposure to HFM, BPC or SAP Analysis for Office.
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Experience within the media, entertainment or music industry.
Bonus Tracks: Your Benefits
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Group Personal Pension Scheme (between 3% and 9%)
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Private Medical Insurance
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25 paid days of annual leave
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Interest Free Season Ticket Loan available
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Holiday Purchase scheme
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Dental and Travel Insurance options
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Cycle to Work Scheme
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Salary Sacrifice Cars
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Subsidised Gym Membership
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Employee Discounts (Reward Gateway)
Just So You Know…
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.
Job Category:
Finance & Accounting
Assistant Management Accountant in London employer: Universal Music
Universal Music Group UK is an exceptional employer that fosters a vibrant and inclusive work culture, where creativity and collaboration thrive. With a strong commitment to employee growth, we offer comprehensive benefits including a generous pension scheme, private medical insurance, and opportunities for professional development. Located in the heart of the UK's music industry, our team is dedicated to shaping culture and empowering artists, making it a truly rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Management Accountant in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Universal Music. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assistant Management Accountant in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Universal Music.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Universal Music's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Universal Music
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Universal Music.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former Universal Music employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
