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.
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. Job Title: SVP, CFO WMX A little bit about our team: The WMX Finance department manages the financials for WMX, Warner Music Artist Services and EMP and leads intradepartmental teams to significantly improve revenue flow and drive business outcomes. Your role: Supports the President of WMX to plan and execute the financial strategy of the division and company as it relates to budget management, cost benefit analysis, forecasting needs and securing new funding for programs. Here you'll get to:
- Provides financial leadership for tactical and strategic plans to deliver financial results and help evolve the business.
- Budget and forecasting ownership of $375m+ in operating costs; oversees the management and coordination of all fiscal reporting activities for the divisional P&L and balance sheet; reports in 5 countries and 4 currencies
- Supports $175m+Artist Services revenue and associated costs across US and Europe and media businesses generating $50m revenue annually.
- Provides analysis and consultation in developing new business opportunities; prepares projections, delivers IRRs and monitors activity to help drive performance.
- Partners with the individual teams within WMX, the labels, business development, and corporate, to build and oversee business processes that will streamline dataflow for maximum efficiency and effectiveness and ensure successful execution of business plans.
- Continually identifies improvements via best practice replication, creative and innovative solutions, and alignment of goals and objectives.
- Manages financial controls and risk management procedures.
- Updates other department heads on the financial performance for the company and key finance initiatives.
- Review all formal finance and IT related procedures, processes, and administration; recommending improvements to the systems in place and managing the systems going forward.
- Train and develop the WMX Finance staff
About you:
- Strong oral and written communication skills including the ability to interface with contacts at the highest levels of the organization
- Proven business process improvement skills and excellent customer service skills
- Proficient knowledge of GAAP and related financial reporting requirements and standards
- Excellent analytical and problem solving skills
- Able to build alignment for initiatives and programs
- Bachelor's degree in related field, from an accredited college or university preferred
- 10+ years of senior level financial experience and management experience
- Certified Public Accountant (CPA) preferred
We'd love it if you also had:
- Proficient in Microsoft Office including Word, Excel, PowerPoint, and Outlook
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 catalogue 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 Effective October 1st, 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 $250,000 to $315,000 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.
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