Finance Assistant

Universal Music Group; City Of London; On-site; GBP 25,000 - 35,000; Full time

Job summary

A leading music company in London is seeking a Finance Assistant. The role involves assisting with invoices, expense claims, and ad hoc projects, requiring strong organizational and communication skills. Candidates should have accounting studies or relevant experience in the finance department, preferably within the music industry.

Qualifications

• CIMA/ACCA foundation level student or seeking to commence studies.
• Experience in a finance role ideally in a music/entertainment company.
• Strong Excel skills with experience in preparing reports.

Responsibilities

• Update and maintain cashbook of receipts.
• Prepare SAP General Ledger reconciliations.
• Assist with annual SOX compliance program.

Skills

Organizational skills

Communication

Excel proficiency

Team player

Education

CIMA/ACCA foundation level

Degree or equivalent

Tools

SAP

Job description

Overview

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 Department

The UK Finance team is a central function within UMPG, acting as a trusted partner to the business. We are responsible for delivering insightful analysis, robust financial planning, and commercial support that helps guide strategic decisions across the organisation.

Working cross-functionally with senior leaders, A&R, Business Affairs, Sync and Administration teams, the finance team ensures our investments in artists and songwriters are underpinned by sound data, agile planning and informed forecasting. Collaboration, curiosity and integrity are at the heart of what we do.

The Role

Seeking candidates with an accounting background, that have a passion for working with numbers and Excel. As a Finance Assistant, you will primarily assist with invoices, expense claims and accruals. This role would also include support with ad hoc projects, ideal for someone seeking variety in their next opportunity.

Key Responsibilities

• Digital/New Media Revenues
  • Update and maintain cashbook of receipts
  • Raise invoices, input and post journals as required
  • Preparation of SAP General Ledger reconciliations
  • Assist in standard and ad hoc analysis across all digital revenues and cashflows
• Recording Costs
  • Coding of purchase orders and invoices using the in-house purchase order system
  • Creation and Maintenance of SAP projects
  • Input and posting journals to SAP General Ledger
  • Preparation of SAP General Ledger reconciliation
  • Assist in standard and ad hoc analysis of recording costs
• Royalty Report Preparation
  • Preparation of standard suite of royalty reports using the in-house royalty systems
  • Preparation of ad hoc royalty and deal reports as required
• Provide General Finance Assistance
  • Assist in testing and implementation of new system and process developments
  • Assist with the annual SOX compliance programme
  • Finance Dept Administration
  • General and Audit assistance as required

Skills And Experience Required

Must Have

• CIMA/ACCA foundation level student (or looking to commence studies)
• Experience in a finance role or other relevant experience in a music / entertainment company
• Highly organised
• Excellent communicator at all levels / across all departments
• Strong Excel skills with experience of updating & preparing reports
• Proven Team Player

Nice to Have

• Degree educated or equivalent
• Experience of updating & preparing financial reports in excel
• Knowledge of SAP or equivalent systems
• Experience of invoice coding, accounts payable/receivable
• Media industry experience

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