At a Glance
- Tasks: Assist in onboarding a new company and transition to UMG financial reporting standards.
- 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: Diverse and inclusive workplace committed to supporting all talents.
- Why this job: Make an impact in the music industry while developing your career in finance.
- Qualifications: Qualified accountant with experience in group reporting and project management skills.
The predicted salary is between 50000 - 60000 £ 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 Role
UMG has acquired a new company comprising of 3 divisions and legal entities incorporated in 12 countries run by central finance teams based in Netherlands and the US.
The Senior Business Process Analyst will assist in the onboarding of the newly acquired company, helping the finance teams in the transition to UMG financial reporting standards under IFRS, including the adoption of UMG global finance processes.
A primary focus will be migrating from their current reporting structure and current ERP’s on to those used at UMG. You will assist with tools and have a knowledge of reporting under IFRS and working under project timelines to reach critical reporting and transition timelines.
Key Responsibilities
Assist with tools and plans to transition from a central consolidated reporting model to individual reporting entity submissions.
Demonstrate experience in reading reporting models and data mapping.
Guide the reporting of purchase accounting adjustments.
Partner with new company Finance Directors (FDs) and UMG Corporate Finance.
Ensure changes in accounting policy are tracked and implemented.
Transition from manual reporting models to UMG’s integrated global finance stack within the next 12 months.
Work with operational finance teams to help implement process changes.
Adopt UMG’s standard documented processes and practices.
Provide required training and go-live support.
Assist and monitor the migration to UMG’s SAP Global ERP from a mix of 3 to 5 legacy ERP systems.
Support the onboarding to BlackLine reporting under UMG’s global template.
Skills and Experience Required
Be a qualified accountant with experience in group reporting and month-end close reporting.
Possess a beneficial background in an audit or controls-led environment under SOX.
Experience in transitioning balance sheet migrations and P&L reporting models.
Demonstrate experience in periodic close accounting and working within month-end close timetables.
Proven record of data modelling, advanced Excel or Power Automate/BI skills, and designing data templates for end users.
Display project management skills with a strong ability to work to deadlines.
Ability to manage intercompany elimination processes.
Knowledge of SAP ECC.
HFM and BlackLine knowledge desirable.
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:
Universal Music GroupSenior Business Process Analyst (12 Month FTC) in London employer: Universal Music
Universal Music Group is an exceptional employer that fosters a vibrant and inclusive work culture, where creativity and innovation thrive. With a commitment to employee growth, we offer extensive benefits including a generous pension scheme, private medical insurance, and opportunities for professional development within the dynamic music industry. Located in the heart of the UK's music scene, our team is dedicated to shaping culture and supporting diverse talents, making it a truly rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Process Analyst (12 Month FTC) in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Universal Music through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Universal Music's recent projects and their financial processes. Show them you’re not just another candidate but someone who’s genuinely interested in their work.
✨Tip Number 3
Practice makes perfect! Get a friend to do a mock interview with you. Focus on articulating your experience with IFRS and ERP systems clearly. The more comfortable you are, the better you'll perform!
✨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 Senior Business Process Analyst (12 Month FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Business Process Analyst role. Highlight your experience with IFRS, reporting models, and any relevant project management skills. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining Universal Music and how your skills can contribute to our team. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Achievements:When detailing your experience, focus on specific achievements rather than just duties. Did you streamline a reporting process or lead a successful transition? We want to hear about it! Numbers and outcomes can really make your application stand out.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us without any hiccups. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Universal Music
✨Know Your Numbers
As a Senior Business Process Analyst, you'll need to demonstrate your expertise in financial reporting and data mapping. Brush up on IFRS standards and be ready to discuss how you've successfully transitioned reporting structures in the past. Use specific examples to showcase your experience with month-end close processes.
✨Showcase Your Project Management Skills
This role involves managing timelines and ensuring smooth transitions between systems. Prepare to talk about your project management experience, particularly in finance-related projects. Highlight any tools or methodologies you’ve used to keep projects on track and how you’ve handled challenges along the way.
✨Familiarise Yourself with UMG's Processes
Research Universal Music Group’s global finance practices and their ERP systems. Understanding their standard documented processes will give you an edge. Be prepared to discuss how you can adapt your skills to fit into their existing frameworks and contribute to their goals.
✨Emphasise Your Collaborative Spirit
You'll be partnering with various finance teams and directors, so it's crucial to show that you can work well with others. Prepare examples of how you've successfully collaborated in previous roles, especially in cross-functional teams. Highlight your communication skills and adaptability to different working styles.
