Financial Analyst

4 weeks ago

London, Greater London, United Kingdom Universal Music Group Full time
Job Description

This role is a key part of the finance team at Universal Music Group. Estimated salary for this position is around £35,000 - £45,000 per annum.

Company Overview

The Universal Music Group is a leading music company that helps artists and bands to achieve their goals. Our dedicated team provides financial support to help the business grow and develop.

Job Responsibilities

We are looking for a highly skilled financial analyst to provide accurate and timely financial information to the management team. Key responsibilities include:

  • Authorisation and Approval
    • Approving 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.
    • Responsible for the post and general queries with other finance team members.
  • Management Reporting and Analysis
    • Preparing monthly management accounts.
    • Month end balance sheet reconciliations.
    • Monthly internal management reports and head office reporting.
    • Quarterly internal management reporting for the UK Board.
    • Assistance with KPI Reporting for the Retail Store.
    • Preparation of quarterly royalty statements to head office.
    • Ad hoc analysis and reports as requested by the Finance Director.
  • 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.

About You

To be successful in this role, you will need to have excellent communication skills and a good attention to detail. A background in finance or accounting is essential, along with experience in journal preparation and balance sheet reconciliation. An interest in developing Excel skills to an advanced level is also desirable.

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).

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