Assistant Management Accountant

Universal Music Group UK; Greater London; On-site; GBP 32,000 - 42,000; Full time

Benefits offered by this job

Group Pension

Private Medical Insurance

25 days annual leave

Season Ticket Loan

Holiday Purchase scheme

Dental and Travel Insurance

Cycle to Work

Salary Sacrifice Cars

Gym Membership

Employee Discounts

Job summary

Universal Music Group UK seeks a dedicated Senior Management Accountant to support timely, accurate central UK Recorded Music financial results. You will collaborate with our Shared Service Centre to maximise efficiency and work with key stakeholders across labels, finance, IT, commercial, royalties, legal and tax.

You will assist with month-end close, balance sheet reconciliations and variance analysis, ensuring robust financial controls and processes cross onshore and offshore teams.

Qualifications

• Approximately 1 year of experience in a finance or accounting role.
• Studying towards AAT, ACCA or CIMA, or intending to begin a professional qualification.
• Good understanding of accounting principles, including journals, accruals and prepayments.
• Strong Excel skills (Pivot Tables, VLOOKUP/XLOOKUP and basic formulas).
• Enthusiastic, self-motivated and interested in working within the music industry.

Responsibilities

• Assist with month-end financial results within corporate deadlines, including accruals, interface closings, journals, balance sheet reconciliations and variance analysis.
• Prepare supporting schedules and analysis for monthly management accounts.
• Assist with variance analysis and investigate movements against budget and prior periods.
• Support in the monthly HFM submission to corporate finance, monthly management pack preparation and variance analysis on the P&L.
• Assist with audit requests and statutory reporting requirements.

Skills

Excel skills

Attention to detail

Communication skills

Time management

Education

Studying towards AAT/ACCA/CIMA

Tools

SAP

HFM

Job description

Music is Universal

It’s the passionate and dedicated team at Universal Music who help make us the world’s leading music company. From A&R to finance, legal to digital, sales to marketing, Universal Music is the place to grow and develop your career within a truly commercial and innovative business that leads in everything it does.

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of gender, race, disability, sexual orientation, religion, belief, age, marital status, background, pregnancy, or caring responsibilities. We also recognise the importance of diversity of thought within our teams and are fully committed to embracing the talents of people with autism, dyslexia, ADHD, and other forms of neurocognitive variation.

We will always seek to make appropriate adjustments to recruitment, workplaces, and work processes to be fully inclusive to people with different needs and working styles. If you need us to make any reasonable adjustments for you from application onwards, including alternatives to the online form or to disclose a neurocognitive condition, please email [e-mail].

The A Side: A Day in The Life

To assist the Senior Management Accountants in delivering the timely, accurate and well-presented results for the Central UK Recorded Music company. Working with our Shared Service centre to maximise the team’s efficiency and effectiveness.

Building and maintaining strong working relationships with key stakeholders across the business including, Record Labels, Finance, IT, Commercial, Royalties, Legal and Tax departments.

The B Side: Skills & Experience

Be financial

• Assist with the preparation of month-end financial results within corporate deadlines, including accruals, interface closings, journals, balance sheet reconciliations and variance analysis.
• Prepare supporting schedules and analysis for monthly management accounts.
• Assist with variance analysis and investigate movements against budget and prior periods.
• Support in the monthly HFM submission to corporate finance, monthly management pack preparation and variance analysis on the P&L.
• Assist with audit requests and statutory reporting requirements.
• Support the Senior Management Accountants in maintaining an effective financial control framework, including compliance with internal controls and finance processes across our onshore and offshore teams.

Be Collaborative

• Work closely with the Shared Service Centre to resolve queries and clear reconciling items.
• Build effective relationships with finance and non-finance stakeholders.
• Contribute to improving finance processes and ways of working.

Be Analytical

• Investigate financial variances and balance sheet movements.
• Prepare financial analysis for the Senior Management Accountants, Group Finance Director and other stakeholders across the business.
• Assist with ad hoc reporting and analysis for the wider finance team.

Person Specification

Essential

• Approximately 1 year of experience in a finance or accounting role.
• Studying towards AAT, ACCA or CIMA, or intending to begin a professional qualification.
• Good understanding of accounting principles, including journals, accruals and prepayments.
• Strong Excel skills (Pivot Tables, VLOOKUP/XLOOKUP and basic formulas).
• Enthusiastic, self-motivated and interested in working within the music industry.
• Excellent attention to detail and organisational skills.
• Strong communication skills and willingness to learn.
• Ability to prioritise work and meet deadlines.

Desirable

• Experience with SAP or another ERP system.
• Exposure to month-end accounting.
• Experience working with shared service centres.
• Exposure to HFM, BPC or SAP Analysis for Office.
• Experience within the media, entertainment or music industry.

Bonus Tracks: Your Benefits

• Group Personal Pension Scheme (between 3% and 9%)
• Private Medical Insurance
• 25 paid days of annual leave
• Interest Free Season Ticket Loan available
• Holiday Purchase scheme
• Dental and Travel Insurance options
• Cycle to Work Scheme
• Salary Sacrifice Cars
• Subsidised Gym Membership
• Employee Discounts (Reward Gateway)

Just So You Know...

The company presents this job description as a guide to the major areas and duties for which the jobholder is accountable. However, the business operates in an environment that demands change and the jobholder's specific responsibilities and activities will vary and develop. Therefore, the job description should be seen as indicative and not as a permanent, definitive, and exhaustive statement.

Job Category

Finance & Accounting