Assistant Accounting Manager
7 days ago
We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.
We’re seeking a right talent and personalities eager to bring their energy to accounting team. This person is experienced and detail-oriented in managing Corporate Accounting. He/she will take a significant role in accounting operation and to manage and build relationship with frontline team, shared service centers (FSC), subcontract accounting operation team (WNS), and regional office.
The role delivers retained financial processes supporting PTP, OTC, RTR ensuring consistent, accurate and robust financial accounting in line with accounting practices
Key Responsibilities
Accounting Operation- Work closely with the WNS/FSC team covering all accounting cycles (PTP, RTR, OTC) to deliver accurate financial on a timely manner and in accordance with accounting practices and corporate policies- Review all related accounts reconciliation and coordinate with front line team (A&R, Marketing, and Commercial & New Bus) as well as JV partners to ensure complete and accurate account reconciliation- Lead the whole accounting process of Non-recorded income (NRI) and Direct cost booking- Monitor and review the month end closing activities- Handle statutory reporting, and FS yearend external audit (EY)- Perform tax review on PND 3, PND53, PND54, PP30, PP36, zero vat, vat out of scope, closing Vat and Tax- Work closely with Royalty team to ensure complete and accurate account reconciliation- Work closely with commercial team to ensure physical stock balance and accurate account reconciliation- Ensure that control and compliance are in place- Review ICO company transaction such as reimbursement or re charge on company activities between RPT to ensure complete and accurate account reconciliation as well as on-time reporting- Handle statutory book of JV’s/partners entities - Coordinating with external auditor to ensure proper and on-time reporting- Contribute to tax review/filing tax return PND.50 with PWC a consultant as well as prepare calculating Deferred Tax asset (DTA).- Review reconcile revenue per Tax PND.50 vs PP 30 for Tax authority reporting- Other project/responsibility as assigned
Competence- Deep accounting / finance operation understanding and IFRS knowledge.- Demonstrate strong attention to detail (critical) and able to query/identify inconsistencies and challenge idea constructively- Able to work independently and yet possess strong teamwork ethos- Good communication skills- Skilled at relationship management with maturity to handle multiple stakeholders with diverse cultures and occasionally stressful environment- Strong technically in Excel, Hyperion (HFM) and SAP- Can do attitude, with a hand on approach to problem solving and able to work under pressure. Able to deliver on time.
Qualifications- Accounting degree- Preferably with at least 8 years of Accounting RTR roles- Audit experience is preferable- CPA is a plus
Note: Only shortlisted applicants will be contacted.
About us:
Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries.
Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.
UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world.
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