Manager, Revenue Recognition

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.
 

Universal Music Publishing Group (UMPG) is the leading global music publisher with more than 57 offices in 47 countries. UMPG has some of the most important contemporary songwriters and artists on its global roster. UMPG is also the leading production music group in the world with a diverse and comprehensive portfolio of UPPM-owned repertoire. UPPM is the preeminent supplier of high-level production music throughout the world and serves the burgeoning business that creates, produces, and licenses music for use in film/TV, advertising, broadcast and corporate clients.

How we LEAD:

UMPG is looking for a Finance Manager (Revenue Recognition Manager).  This position is responsible for the day-to-day management of the cash team as well as the month end revenue close. The position is located in Santa Monica, CA on a hybrid work schedule.

How you'll CREATE:

• Monitor current cash processes and develop and implement new processes as needed.

• Monitor and analyze revenue performance, identifying trends and opportunities for improvement.

• Key contributor of the revenue close process (month/quarter/year): ensuring accuracy and compliance of company accounting policies.

• Responsible for identifying, analyzing, and problem-solving revenue cycle issues with focus on receivables, deferred income, and bad debt expense.

• Perform various month-end closing tasks, including journal entries, invoicing, refunds.

• Lead the month-end revenue meeting.

• Support the finance and accounting teams during the month and month-end close.

• Provide ad hoc analyses around revenue and cash receipts, including enhancing models and reports as required.

• Key liaison between the Finance and the NA Royalty Admin teams.

• Occasional travel may be required.

Bring your VIBE:

• BA in Finance, Accounting, or related field.

• 5+ years of experience in cash accounting/revenue accounting.

• Analytical mindset with strong problem-solving and decision-making skills.

• Ability to effectively multi-task and problem solve with minimal oversight.

• Must be results-oriented with the ability to work independently as well as in a team environment.

• Strong oral and written communication skills.

• Ability to keep information confidential.

• Music/entertainment industry experience highly preferred.

• SAP experience preferred.

• Prior experience with data analytics or tools a plus.

Perks Playlist:

• Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

• Comprehensive medical, dental, vision, and FSA options, as well as:

  • 100% coverage for out-patient mental health services

  • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

  • A lifetime fertility support allowance of $30,000 to plan participants

  • Student Loan Repayment Assistance and Tuition Reimbursement

  • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

• Variety of ways to prioritize much-needed time away from work including:

  • Flexible Paid Time Off (PTO) for exempt employees

  • 3-weeks PTO for non-exempt employees

  • 2-weeks paid Winter Break

  • 10 Company Holidays (including Juneteenth and Wellbeing Day)

  • Summer Fridays (between Memorial Day and Labor Day)

  • Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.
Universal Music Group is an Equal Opportunity Employer

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

For more information, please click on the following links.

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Job Category:Finance & Accounting

Salary Range:

$65,520 - $136,400

The actual base salary offered depends on a variety of factors, which may include, as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.  All candidates are encouraged to apply.