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.
How we LEAD:
The Corporate Development and Strategy team is a highly visible team within UMG. The group serves Universal Music Group’s executive leadership, business units/labels and internal stakeholders with projects that span across M&A, artist deals, new business ventures, strategic planning, internal consulting, among others. The team is lean and committed to fostering a workplace culture that is fun, supportive and collaborative.
The Corporate Development and Strategy team is looking for a full-time Senior Manager to be based in Santa Monica, CA. The Senior Manager will analyze complex artist/business deals, lead strategic/planning projects, evaluate M&A opportunities, monitor competitor & market trends, and collaborate with key internal partners. The Senior Manager will have the opportunity to apply strategic and critical thinking in driving growth and profitability across the company’s diverse portfolio of businesses, including recorded music, publishing, merch, D2C, artist services, digital, tech, marketing, etc. The successful candidate is an analytical, proactive, and intellectually curious individual who can identify opportunities/risks, structure analyses, develop solutions and articulate findings. The Senior Manager will report to the US Head of Corporate Development and Strategy and will work closely with other team members.
How you’ll CREATE:
-
Analyze complex artist deals in partnership with label finance teams
-
Drive M&A processes to assess potential targets using valuation techniques, performing detailed due diligence and offering strategic evaluations
-
Conduct financial modeling of potential business ventures and JV partnerships
-
Lead UMG’s prominent 5-year Strategic Plan, and perform ad hoc analyses/outputs of internal metrics
-
Vet notable deals with UMG’s digital partners to support the Digital Strategy and Digital Analytics teams
-
Perform industry and competitive analyses with strong understanding of market trends
-
Author and communicate succinct presentations for senior management and other UMG leaders
-
Facilitate execution of larger projects through guidance of and collaboration with junior team members
Bring your VIBE:
-
Bachelor’s degree preferably in business, economics or another related field
-
7+ years of relevant work experience in finance, consulting/strategy, M&A, or similar field
-
Prior relevant experience in the music industry preferred
-
Strong financial modeling experience building operational models, valuations, new ventures, financial planning, etc. including use of Excel, Word and PowerPoint (Experience with HFM/SAP a plus)
-
Analyze and communicate complex analyses and key findings for executives
-
Take ownership of and drive forward projects independently
-
Think critically and make problem solving decisions
-
High level of intellectual curiosity, especially around music, technology, and entertainment
-
Meet deadlines in a fast-paced environment and handle multiple assignments
-
Quick and competent assessment of large or varied data sets
-
Highly personable with strong team-working skills
-
Experience with training and managing junior members preferred
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.
E-Verify Participation Poster: English / Spanish
E-Verify Right to Work Poster: English | Spanish
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.
Universal Music Group Santa Monica, California, USA Office
2220 Colorado Avenue, Santa Monica, CA, United States, 90401
Universal Music Group Los Angeles, California, USA Office
21301 Burbank Blvd, Los Angeles, CA, United States, 91367
Universal Music Group Santa Monica, California, USA Office
2220 Colorado Ave, Santa Monica, CA, United States, 90404
Similar Jobs
What you need to know about the Los Angeles Tech Scene
Key Facts About Los Angeles Tech
- Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
- Key Industries: Artificial intelligence, adtech, media, software, game development
- Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
- Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering
