OTC Intercompany Credit Controller, 12 Month FTC
4 months ago
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, sex or sexual orientation, race, ethnicity, religion or belief, disability, and any other protected 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: Intercompany Credit Controller
A little bit about our team:
Warner Music’s European Shares Service Centre is the home to the financial, tax and administrative functions that provide critical support and best-in-class services to our European Recorded Music and Publishing businesses. The UK Centre embodies the innovative and creative spirit that stems from the company’s deep history in nurturing entrepreneurial thinking and artist-focused innovation, enabling our employees to develop a wide range of skills through cross-functional collaboration and development opportunities.
Your role:
The Order to Cash (OTC) Intercompany Credit Controller is responsible for managing and overseeing the credit control processes within the organization, specifically focusing on intercompany transactions. This role involves ensuring timely payments, reconciling accounts, and maintaining accurate financial records to support the company’s financial health and operational efficiency. You will develop and execute continuous process improvements to streamline the order-to-cash intercompany process.
Key Responsibilities:
Credit Control Management:
o Manage and oversee the collection of outstanding intercompany debts.
o Ensure timely payments are made across all intercompany transactions.
o Manage and resolve queries raised by affiliates and internal stakeholders.
Account Reconciliation:
o Perform regular reconciliations of intercompany accounts.
o Identify and invoice intercompany recharges, per Global Recharge Policy. Investigate and resolve discrepancies in intercompany balances.
o Ensure accurate and up-to-date financial records for intercompany transactions.
Reporting and Analysis:
o Prepare and present regular reports on intercompany debts and credit status. o Provide insights and recommendations to improve credit control processes.
Communication and Coordination:
o Liaise with various departments to ensure smooth intercompany transactions.
o Coordinate with external auditors during financial audits. Maintain effective communication with all relevant stakeholders.
Compliance and Risk Management:
o Ensure compliance with company policies by maintaining internal controls
o Identify and mitigate risks associated with intercompany credit control. Maintain and update credit control policies and procedures.
Support and Training:
o Provide training and support to junior team members on credit control processes.
o Assist in the development and implementation of credit control training programs.
Key Skills and Competencies:
Analytical Skills: Ability to analyze financial data and identify discrepancies.
Attention to Detail: High level of accuracy in handling financial transactions.
Communication Skills: Strong written and verbal communication skills for effective interaction with stakeholders. < >Problem-Solving: Ability to resolve complex issues related to intercompany transactions. Organizational Skills: Effective time management, ability to multitask and prioritise projects working well under pressure. Knowledge of Accounting Software: Proficiency in accounting and financial software (e.g., SAP, Oracle). Self Motivated: Strong work-ethic and a self-starter who proactively seeks out new solutions. Proficient in excel, google sheets & loves working with numbers Understanding of internal controls, indirect taxes, and service desk operations desired
About us:
As the home to Asylum, Atlantic, East West, Elektra, 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.
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.
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