Management Accountant (12 Month Maternity Cover)

Universal Music Group; London; On-site; GBP 35,000 - 50,000; Full time

Job summary

Universal Music Group is looking for a Management Accountant to support the Finance Director and manage financial operations at Abbey Road Studios. The role involves budget authorisation, financial reporting, and maintaining financial systems. Ideal candidates will have a degree in Finance or similar, strong Excel skills, and finance experience.

Benefits

Group Personal Pension Scheme

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

Qualifications

• 2-3 years finance work experience is ideal.
• Strong IT and Excel skills, including pivot tables and complex formulas.
• Ability to manage workload in a pressurised environment.

Responsibilities

• Provide financial and administrative support to the Finance Director.
• Prepare monthly management accounts and balance sheet reconciliations.
• Maintain the general ledger and control unpaid invoices.

Skills

Numerate

Attention to detail

Communication

Team player

Excel skills

Education

Business/Finance degree or part qualified Accountant

Tools

Excel

Hyperion

HFM

MS Access

Job description

Management Accountant (12 Month Maternity Cover)

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 provide financial and administrative support to the Finance Director and business support to the Studio Managers at Abbey Road Studios.

The B Side: Skills and Experience

Be financial (Financial Authorisation)

• Authorisation and approval of budgets, purchase orders and expenses in the purchasing system.
• Dealing with supplier and client queries regarding payments and finance requests.
• Controlling level of unpaid invoices by liaising with Accounts Payable and departmental staff regarding any queries.
• Providing financial coding to the central finance teams.
• Main point of contact on internal recharges between Abbey Road and Universal (head office)
• To upkeep and maintain the general ledger.
• Arrange urgent manual cheques and immediate transfers as required.
• Banking of cash and reconciliations on a weekly basis
• Clearing the disbursement and other ledger accounts monthly including fixed assets
• Main point of contact between IT and the business regarding setting up new starters, granting systems access to staff.
• Responsible for the post and general queries with other finance team members.
• To ensure all work completed accurately and on time.

Be operational (Management Reporting and Analysis)

• Participate, as part of the finance department, in preparation of the following:
  • Monthly management accounts.
  • Month end journal preparation.
  • Month end balance sheet reconciliations.
  • Monthly internal management reports and head office reporting.
  • Quarterly internal management reporting for the UK Board
• Update and maintain internal reporting system including updating actual, forecasts & budgets.
• Assistance with KPI Reporting for the Retail Store
• Preparation of quarterly royalty statements to head office
• Assistance with annual auditors' queries
• Ad hoc analysis and reports as requested by the Finance Director.

Be administrative (Reporting systems)

• Providing internal support and training for supplier invoicing system
• Point of contact for finance reporting on the internal bookings system
• Main point of contact for ongoing development and support of financial reporting systems held internally and within head office

Person Specification

• A Business/Finance graduate or part qualified Accountant with ideally 2-3 years finance work experience.
• Enthusiastic, with an interest in working in music/media.
• Numerate with a good attention to detail - used to working with financial data.
• Experience of journal preparation and balance sheet reconciliation
• Strong IT skills: Essential - Excel (pivot tables, complex formulas and VBA), preferred - Hyperion, HFM and MS Access
• An interest in developing Excel skills to an advanced level is essential.
• Team player, good at building professional relationships. A good communicator across all levels of the business.
• Able to manage and prioritise own workload in an often-pressurised environment.

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.

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