Manager, Financial Planning & Analysis Job in New York 10019, New York US
About Warner Music Group: With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word, as well as Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.
Department Description: The Corporate Finance Department at WMG is responsible for overseeing all of the financial operations of the company in partnership with the finance groups within the labels and individual companies within WMG. The department provides financial reporting, accounting, planning, budgeting, and financial compliance and auditing for the company.
High Level Job Description: The Manager FPA role is responsible for the preparing and reporting consolidated budget, forecast and actual results to senior management.
Detailed Job Description/ Responsibilities:
- Analyze the annual budget and quarterly forecasts submitted by RM, MP and Corporate. Prepare a consolidated budget/forecast package that will provide senior management with insight into variances vs. prior forecasts and periods, revenue growth and composition, artist profitability, AR investment and other areas.
- Analyze and explain the actual monthly financial results of Recorded Music, Music Publishing and Corporate. Prepare monthly financial packages that provide the CFO with insight into the business via various business metrics, profitability analysis and recognition of specific trends. Understand the impact monthly results have on updated quarterly and annual outlook (flash).
- Prepare a business and financial package that examines both the company’s earnings and short-term projections, as well as the marketplace and competitive landscape. This package is distributed to all board members and senior management monthly.
- Assist the external reporting group with monthly close process and quarterly financial package that the CFO and Corporate Communications department use to communicate results to the investment community via press releases and earnings calls
- Prepare regular consolidated flash updates and summary analysis to CFO.
- Prepare various ad-hoc analyses.
- Track and review global restructuring and costs savings and coordinate cash impact with manager of cash forecasting.
- Coordinate and manage monthly foreign exchange restatement process. Requires coordination with treasury department, HFM systems department, and the foreign affiliates.
Required Competencies/Skills:
- Strong understanding of accounting and finance concepts and principals in conjunction with excellent verbal, analytical, written and interpersonal skills.
- Ability to meet deadlines and work well under pressure in a fast paced environment
- Ability to identify and solve problems
- Ability to deliver value added analyses
- Strong working knowledge of Microsoft Excel and Microsoft Powerpoint
- Experience with Financial Reporting/GL systems (Hyperion/HFM is a plus but not required)
- 3-5 Years of finance or accounting experience
Education Required/Preferred:
- BA Finance, Accounting, Business
Our Company is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of age, sex, sexual orientation, race, color, creed, religion, ethnicity, national Origin, alienage or citizenship, disability, marital status, familial status, military or veteran status, or any other legal recognized protected basis under federal, state or local laws, regulations or ordinances.
Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws and the Company complies with all applicable reasonable accommodation requirements which such laws may require. Accordingly, please inform the Company’s Human Resources representative if you need an accommodation in order for you to complete any employment application-related forms or otherwise to participate in the application or selection process for the position for which you are applying. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity and will enable applicants to participate in the application and selection process and for employees to perform the essential functions of their jobs without imposing undue hardship on our Company. The Company also will make reasonable accommodations to an applicants or employee’s religious beliefs and practices as may be required by law, unless an undue hardship would result.
Copyright © 2011 Warner Music Inc.
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