Sr. Manager FP&A – Cash Forecasting

Job Description:

At Warner Music Group, we’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives and passionate team members. Here, we know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses:

• Music is Everything: Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.
• Global Growth, Local Expertise: Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.
• Innovation and Insight: Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.
• Empowered by People: Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career.
  
  

We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.

Consider a career at WMG and get the best of both worlds – an innovative global music company that retains the creative spirit of a nimble independent.

A little bit about our team:

The FP&A cash group is responsible for providing financial and strategic support for all WMG segments (Corporate, Recorded Music, Music Publishing). The department will partner on a wide array of analysis across all divisions including cash forecasting, budgeting, reporting on actuals and ad-hoc projects as needed.

Your role:

This position fulfills a unique role focusing on supporting WMG’s global cash forecasting process. This involves, but is not limited, to consolidating and analyzing short-term and long term cash needs, as well as ad-hoc projects that aid in executive decision making, investment allocation and strategic planning.

Here you’ll get to:

• Work in partnership with FP&A colleagues, treasury and global affiliates to consolidate and analyze monthly cash flow forecasts, quarterly actuals and annual budget
• Provide support for monthly and ad-hoc CEO/CFO requests, board presentations, metrics, etc.
• Work to develop the long-term strategic planning/ cash flow modeling and certain ad-hoc analysis
• Provide regular weekly updates to senior management on cash position, risks and opportunities as well as any key deviations to forecasts and budgets
• Liaise with affiliates and central Recorded Music and Music Publishing segment teams to better understand key drivers of variances and provide management with detailed overview along with recommendations to improve forecasting and manage working capital
• Conduct Recorded Music and Music Publishing artist/songwriter advances analysis and metrics to assist in establishing more accurate forecasting and tracking cash spend
• Partner with corporate treasury team to track daily cash needs and global cash movement
• Partner with SEC external reporting team to aid with providing support for audit committee deliverables, including detailed operating cash flow comparative, working capital analysis and cash conversion ratios (basis for external investor/analyst guidance)
• Review and report on monthly Global Book to Bank reconciliations to executives
• Work with business development team on cash elements of material deal structure / renewals
• Support the development and updates to performance dashboards and management reporting tools
  
  

About you:

• BA in Finance, Economics or Accounting
• 5-8 years of finance-related experience in corporate finance, consulting, business development, or other analytic role
• Understanding of finance and cash flow concepts/principles
• Ability to meet deadlines and work well under pressure in a fast paced environment
• Ability to identify and solve problems; critical thinking skills
• Strong working knowledge of Microsoft Excel and Google Slides
• Ability to communicate with senior level management team
• Self-starter with a strong desire to learn and develop
• Ability to work independently as well as to work as part of a team
• Clear and organized written, verbal and interpersonal communication skills
• Well-developed analytical skills, problem-solving
• CPA Preferred
  
  

We’d love it if you also had:

• Knowledge of music/media industry
• Knowledge of HFM
  
  

About us:

As the home to 300 Elektra, Asylum, Atlantic, East West, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Rhino, Roadrunner, Sire, Warner Records, Warner Classics, and several other of the world’s premier recording labels, Warner Music Group champions emerging artists and global superstars alike. And our renowned publishing company, Warner Chappell Music, represents genre-spanning songwriters and producers through a catalogue of more than one million copyrights worldwide. Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels.

Together, we are Warner Music Group: Music With Vision & Voice.

Love this job and want to apply?

Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.

Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.

Thanks for your interest in working for WMG. We love it here, and think you will, too.

Effective October 1st, 2023 this position will require being in the office 4 days a week. We believe that an in-office presence is critical for talent development, collaboration and building strong relationships.

Salary Range

$130,000 to $150,000 Annually

Salary ranges are included for job postings where required by law. The actual base pay is dependent upon many factors, such as work experience and business needs. The pay range is subject to change at any time dependent on a variety of internal and external factors.

WMG is committed to inclusion and diversity in all aspects of our business. We are proud to be an equal opportunity workplace and will evaluate qualified applicants without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law.

Copyright © 2023 Warner Music Inc.

Links to relevant documents:

2024 Benefits At A Glance final.pdf

EVerify Participation Poster.pdf

Right To Work .pdf