Job Description:
At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we turn dreams into stardom and audiences into fans. We are guided by three core values that underpin everything we do across all our diverse businesses:
● Curiosity: We do our best work when we’re immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future.
● Collaboration: Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans.
● Commitment: We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we’re committed to keeping the faith, acting with integrity, and delivering on our promises.
WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences.
Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent.
A little bit about our team:
Rhino is a record label of iconic, culture-shaping music within the Global Catalog Division of Warner Music Group. The Finance team at Rhino supports all aspects of finance for Rhino and its sub-labels including Marketing, A&R, Revenue, Overhead and Expense reporting.
Your role:
Reporting to the CFO, Global Catalog this position will lead the finance teams that support Rhino and its sub-labels, responsible for managing the teams to perform the day to day operations of the finance department including financial reporting, financial planning & analysis, strategic deal analysis, cash management and coordination with WMG Corporate Business Services.
Here you’ll get to:
Oversee the monthly financial close – involves coordination with various departments across the company, review of P&L, balance sheet and supporting schedules. Also includes analytical review of all revenue streams, margin costs, marketing, artists & repertoire investments and overhead with explanation of variances between results and projections.
Lead the team in budget process and financial forecasting – supervise the preparation of the annual budget and monthly forecasts.
Evaluate and restructure operations and processes to ensure efficient running of the finance teams.
Provide recommendations with financial analysis to assist in business decision-making.
Perform feasibility analysis for new product releases in partnership with Business Affairs and Production and advise on appropriate advances to artists.
Responsible for day to day operational finance related to marketing, artist & repertoire costs, artist services (merchandise, touring, fan clubs) and label overhead activities.
Responsible for ensuring proper internal controls are implemented at the label.
About you:
Have strong financial and analytical capabilities – an intuitive, strategic thinker
Strong management skills and effective communication abilities
Be comfortable with senior level executives across different areas of the company
Be a highly organized person who thrives in a fast paced, ever transforming work environment
Possess strong multi-tasking abilities
Have experience managing a financial reporting team, works well with change and is a team player
We’d love it if you also had:
Degree in finance or accounting
10+ years of senior level financial and management experience
Music industry experience
Advanced MS Office skills
About us:
As the home to Asylum, Atlantic, East West, Elektra, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide. Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels.
Together, we are Warner Music Group: Music With Vision & Voice.
Love this job and want to apply?
Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.
Thanks for your interest in working for WMG. We love it here, and think you will, too.
#LI-Hybrid
Warner Music Group is an Equal Opportunity Employer.
Links to relevant documents: