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Finance Director

Finance Director

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 turn dreams into stardom and audiences into fans. We are guided by three core values that underpin everything we do across all our diverse businesses: 

Curiosity: We do our best work when we’re immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future. 

Collaboration: Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans.

Commitment: We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we’re committed to keeping the faith, acting with integrity, and delivering on our promises.

WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone.  We encourage applications from people with a wide variety of backgrounds and experiences.

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.

Job Title:  Finance Director – Artist Services WMX
 
A little bit about our team:
WMX Finance manages the collection of data, financial reporting and operational analysis for the European Artist Services Businesses. This includes various pillars including eCommerce, Tour, Retail, Licensing and VIP businesses.   

Your role:
Reporting to the VP – WMX, this position is a key member of the WMX Finance Team. This role will work closely with the business leads responsible for the management of the portfolio of businesses under the artist services umbrella.   
 
Here you’ll get to:

  • Oversee finance team of 2
  • Lead the monthly close process for the various WMX businesses
  • Prepare P&L and cashflow forecasts and budgets for the WMX businesses
  • Appraisal of budgets, forecasts and actuals including variance analysis and management commentary
  • Analytical review of financial and operational reports to present to senior management.
  • Implementation of technical accounting policies
  • Lead the VAT returns and submissions process for all areas of WMX businesses, advise on VAT compliance for cross border transactions
  • Support Finance Transformation process. Problem solving implementation queries and managing the testing of new system inputs/outputs.
  • Support WMX business leads to ensure deadlines and objectives are achieved.  
  • Detailed financial analysis supporting commercial team decision. 
  • Ownership of ongoing process improvement projects
  • Implementing and maintaining SOX controls
  • Leading the year end audit
  • Ad hoc reporting and analysis
  • Review of Artist Statement data 
  • Artist deal analysis to present to senior leaders
  • Data analysis, financial modelling, large scale data reconciliations

About you:

  • Qualified ACA/ACCA/CIMA 
  • Previous experience in a similar role with extensive experience in Finance
  • Previous experience managing a finance team
  • Technical accounting background
  • Forecast & Budgeting experience.
  • Audit experience (internal or external)
  • Strong analytical skills and ability to work through problems logically.
  • Ability to work in a fast-paced environment. 
  • Advanced Excel skills
  • Strong with excellent attention to detail and accuracy 
  • Driven and flexible approach to work 
  • Ability to work to strict deadlines.
  • Good team player 

We’d love it if you also had:
SAP Exposure
Managing Audit engagements
Finance transformation /system implementation/ process re-design experience

As the home to 10K Projects, Asylum, Atlantic Music Group, 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 catalog of more than one million copyrights worldwide. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. In addition, WMG counts film and television storytelling powerhouse Warner Music Entertainment among its many brands.
Together, we are Warner Music Group: Independent Minds. Major Sound.
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.
#LI-Hybrid and #LI-Onsite

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, religion or belief, age, sex, sexual orientation, gender, gender identity or gender reassignment, marital or civil partnership status, disability, pregnancy, childbirth or any other characteristic protected by law.

Average salary estimate

$100000 / YEARLY (est.)
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$80000K
$120000K

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What You Should Know About Finance Director, WMG

As the Finance Director at Warner Music Group, you're stepping into an exciting role that's not just about crunching numbers—you're becoming a key player in the music industry! Located in vibrant London, you'll manage a dynamic finance team and ensure the financial health of various artist services businesses under our WMX umbrella. Your expertise will guide the monthly close process, prepare P&L and cashflow forecasts, and analyze financial reports that keep our operations running smoothly. Your analytical skills will shine as you conduct variance analysis and craft insightful management commentary, all while implementing technical accounting policies. But it’s not just about the numbers; this position requires a spirit of collaboration and innovation. You’ll oversee VAT compliance for cross-border transactions, spearhead finance transformation projects, and support business leads in achieving their objectives. You’ll be part of a creative workforce that is deeply committed to diversity and teamwork, fostering an environment where ideas thrive. If you’re a qualified ACA/ACCA/CIMA finance professional with a passion for music and a proven track record in managing finance teams, we want to hear from you! At Warner, we appreciate backgrounds of all kinds, so if you have experience with SAP or audit engagements, that’s a plus. Join us in turning dreams into reality in the music world—apply today and be part of our incredible journey!

Frequently Asked Questions (FAQs) for Finance Director Role at WMG
What are the key responsibilities of a Finance Director at Warner Music Group?

The Finance Director at Warner Music Group is tasked with overseeing a team of finance professionals, managing the monthly close process, and preparing financial forecasts for various WMX businesses. This role involves conducting variance analysis, implementing technical accounting policies, and leading the year-end audit. Additionally, the Finance Director supports finance transformation projects and drives process improvements to enhance the financial operations of the company.

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What qualifications are required for the Finance Director position at Warner Music Group?

To qualify for the Finance Director role at Warner Music Group, candidates must hold a professional finance qualification such as ACA, ACCA, or CIMA. Significant experience in a similar position, strong analytical skills, and experience managing finance teams are essential. A technical accounting background along with proficiency in forecasting, budgeting, and auditing is also required, as well as advanced Excel skills.

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How does the Finance Director at Warner Music Group contribute to financial decision-making?

The Finance Director at Warner Music Group plays a crucial role in financial decision-making by providing detailed financial analysis to support commercial teams. This includes reviewing budgets, forecasting future financial scenarios, and presenting key findings to senior management. The Finance Director ensures that financial objectives align with the overall strategy of the WMX businesses, enabling informed decisions that foster growth and innovation.

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What is the work environment like for the Finance Director at Warner Music Group?

The work environment for the Finance Director at Warner Music Group is dynamic and collaborative, fostering a culture that values creativity and the diversity of backgrounds. The role encourages teamwork and communication among various stakeholders within the artist services realm, enhancing the overall experience by blending financial acumen with the vibrant music culture. The company also emphasizes equal opportunity and inclusion, ensuring a respectful workplace.

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What opportunities for professional growth are available for a Finance Director at Warner Music Group?

As a Finance Director at Warner Music Group, there are numerous opportunities for professional growth, including involvement in finance transformation projects and exposure to industry-leading practices. The role offers the chance to lead a finance team, engage with senior leadership, and actively participate in strategic decision-making. Additionally, the unique environment within a global music enterprise provides a rich landscape for learning and development.

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Common Interview Questions for Finance Director
Can you describe your experience with financial forecasting and budgeting?

When answering this question, provide detailed examples of past forecasting and budgeting projects you've handled. Be sure to emphasize your familiarity with tools and methodologies you used, how you approached variance analysis, and how your contributions impacted the organization’s financial health.

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What strategies do you use to lead a finance team effectively?

To respond effectively, highlight the importance of clear communication, setting objectives, and fostering a collaborative environment. Discuss how you encourage professional development among team members, handle conflicts, and ensure that everyone is invested in the team’s success.

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How do you stay updated with changes in financial regulations and accounting standards?

Show your commitment to ongoing professional development by mentioning any memberships in professional organizations, subscriptions to financial publications, or participation in relevant workshops. Explain how you implement any updated regulations within your team to maintain compliance.

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What experience do you have with audit processes, both internal and external?

Answer by discussing specific audit experiences you’ve dealt with, explaining how you prepared documentation, communicated with auditors, and any role you played in addressing findings. Highlight your understanding of the significance of audits in maintaining financial integrity.

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Can you provide an example of how you improved a financial process in your previous roles?

Select a concrete example where you took initiative to streamline or enhance a financial process. Detail the steps you took, the challenges you faced, and the outcomes. Discuss any measurable improvements such as efficiency gains or cost savings.

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How do you manage deadlines, particularly during high-pressure periods like month-end close?

Describe your time management and prioritization strategies. Mention any tools you use to track tasks and ensure timely completion. Stress the importance of teamwork and communication during high-pressure times to support your team’s success.

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What is your experience with VAT compliance, especially in cross-border transactions?

Here, detail your specific experiences with VAT compliance, mentioning any particular challenges faced with cross-border transactions. Discuss how you ensure adherence to regulations and share successful outcomes of your compliance management.

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How do you approach variance analysis and reporting?

To respond, outline your methodology for conducting variance analysis. Discuss how you interpret results and communicate findings to stakeholders, underlining the importance of accuracy and insight-driven recommendations.

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What role does financial data play in decision-making for business leads?

Explain how you ensure that financial data is accurate, timely, and actionable. Discuss how your analyses provide insights that enable business leads to make informed decisions, highlight successful uses of financial data in past roles.

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How do you maintain attention to detail in financial reports?

Answer by outlining the specific processes you have in place for double-checking your work, seeking peer reviews, and leveraging technology to ensure accuracy. Discuss your understanding of the crucial nature of precision in financial reporting.

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DATE POSTED
April 6, 2025

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