At a Glance
- Tasks: Manage financial reporting and analysis for exciting music projects.
- 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: Inclusive workplace committed to diversity and personal growth.
- Why this job: Be part of a dynamic team shaping the future of music finance.
- Qualifications: ACA, ACCA or CIMA qualified with strong analytical skills.
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. 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 Department
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.
The Role
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.
Skills and Experience Required
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
About UMG UK
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)
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 & AccountingManagement 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 commitment to employee growth, we offer comprehensive benefits including a generous pension scheme, private medical insurance, and opportunities for professional development in the dynamic music industry. Join us in shaping culture through artistry while enjoying a supportive environment that values diversity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already at Universal Music. A friendly chat can open doors and give you insider info that could make your application stand out.
✨Tip Number 2
Prepare for the interview by researching the company culture and values. Universal Music loves collaboration and innovation, so think of examples from your past that showcase these traits. Show them you’re a perfect fit!
✨Tip Number 3
Practice your financial skills! Brush up on your knowledge of Sarbanes-Oxley compliance and month-end processes. Being able to discuss these confidently will impress the hiring team and show you mean business.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the Universal Music family.
We think you need these skills to ace Management Accountant in London
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 finance and how you can contribute to our team at Universal Music. Don’t forget to mention your analytical skills and ability to work under pressure.
Showcase Your Team Spirit:We love collaboration! In your application, give examples of how you've worked cross-functionally in the past. This will show us you're a great fit for our dynamic finance team.
Apply Through Our Website:To make sure your application gets the attention it deserves, apply directly through our website. It’s the best way for us to see your enthusiasm for joining Universal Music!
How to prepare for a job interview at Universal Music
✨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 month-end processes and P&L statements. Be ready to discuss how you've handled similar tasks in previous roles.
✨Showcase Your Analytical Skills
Universal Music values innovation in analytical techniques. Prepare examples of how you've used data to drive decisions or improve processes. Think about specific tools or methods you've employed and be ready to explain their impact.
✨Understand the Company Culture
Familiarise yourself with Universal Music's commitment to diversity and collaboration. Be prepared to discuss how you can contribute to a positive team environment and support inclusivity within the finance team.
✨Prepare for Technical Questions
Expect questions around Sarbanes-Oxley compliance and your experience with accounting software like SAP or Hyperion. Review your technical knowledge and be ready to explain how you've ensured compliance in past roles.
