Staff Accountant

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
Universal Music Group (UMG) currently has an opening for a Staff Accountant position within its Royalty Accounting Group division. This position will support the royalty accounting functions for the U.S. Division of Bravado Merchandising Service Group. The ideal candidate will be a driven self-starter and possess a Bachelor’s degree in Accounting or Finance.
Our mission in Royalty Accounting Group is to continually expand our contribution to the organization through team mentorship, individual development, and creative process improvements. We are looking for an enthusiastic colleague with a dedicated work ethic and sharp mind.
How You'll CREATE
In this role, the successful candidate will have the opportunity to participate in a broad array of accounting, analysis, and reporting activities, including:
 

• Performing monthly royalty calculations and accruals in accordance with contractual terms and accounting standards
• Reconciling royalty statements to Artist Sub-ledger in GL
• Preparing and posting monthly journal entries using SAP and ServiceNow
• Creating and maintaining detailed supporting schedules
• Conducting GL account reconciliations and variance analysis
• Collaborating with other internal departments to research and resolve royalty accounting issues and inquires
• Preparing monthly artist studies and analyzing the activity
• Communicating with label finance representatives to stay current with royalty related activity
• Supporting various special projects and process improvement initiatives
   

Bring Your VIBE

• Bachelors Degree in Accounting or Finance, CPA or MBA a plus
• Strong Excel skills required; Macros experience a plus
• Strong analytical skills required; along with attention to detail and the ability to effectively multi-task and work under pressure to meet deadlines
• Logical thinker with the ability to identify and solve problems efficiently
• Highly motivated and eager to learn, grow, and take on new challenges
• Possess strong oral and written communication skills
• Experience with SAP or similar general ledger applications a plus
• Authorized to work in the US

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

Salary Range:

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.