Audit Accountant

| Greater LA Area

Universal Music Group (UMG) currently has an opening for a Royalty Audit Accountant position within its Royalty Audit Services division, reporting to a Senior Director. This position supports the Profit Split(P/S)/JV and Pressing-and-Distribution deal (P&D) Audit Team within the Royalty Audit Department. The ideal candidate will have 1 to 2 years of front line general ledger and/or public audit experience and possess a bachelor's degree in Accounting; a CPA is a plus.

We are looking for an enthusiastic colleague with a dedicated work ethic and a sharp mind, interested in learning in a role that requires creative problem-solving skills and outside-the-box thinking.

In this role, the successful candidate will have the opportunity to participate in responding to Audits of joint venture and P&D deals, conducted by outside auditors on behalf of third-party partners. Job duties include primary responsibility for:

Job Functions:

  • Assisting in responding to audit requests from outside auditors (typically in response to a list of analyses requested, to support line items on PS/P&D statements).
  • Retrieval of backup support (images of invoices, etc.) from archive systems within UMG.
  • Tie out of support, for Director review, prior to presentation to auditors.
  • Supporting special project and process improvement initiatives.
  • Discretion in handling and discussing data and findings.
  • Ability to read and understand contracts, and interpret provisions into accounting implications.
  • Preparation of ad hoc financial schedules and analyses in response to audits and claim letters, at the direction of UMG management, in cases where an alternative approach is required to prove UMG's position relative to a claim.

Job Requirements:

Skills/Abilities:

  • Strong Excel & Word skills; Access experience a plus
  • Exposure to contracts and ability to digest long documents into key-terms summaries.
  • Possess strong oral and written communication skills
  • Able to handle multiple assignments, meet deadlines and think analytically and in terms of 'big picture' and 'outside the box' concepts.
  • Authorized to work in the US

Experience:

  • 1-2 or more of broad general ledger accounting or corporate reporting experience, or experience with profit split reporting.
  • Experience with JD Edwards or similar mainframe General Ledger application such as Lawson or SAP; SAP experience strongly preferred.
  • Music or Entertainment industry experience (and familiarity with industry concepts & terminology) is a plus.

Education:

  • Bachelors Degree in Accounting; CPA preferred

Universal Music Group is an Equal Opportunity Employer.

Disclaimer

This job description only provides an overview of job responsibilities that are subject to change.


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Location

UMG IT is primarily based in Woodland Hills, a neighborhood bordering the Santa Monica mountains in the San Fernando Valley region of Los Angeles

An Insider's view of Universal Music Group

What’s the vibe like in the office?

Everyone is hard working but it’s still a pretty relaxed and friendly environment. If you need any help people are always ready to make time. Between the conference room with all over music related decorations, big lunch room with table-football and arcade games and a very casual dress code, the overall vibe is really chill.

Laurent Burte

Enterprise Portfolio Management Project Manager

How do you collaborate with other teams in the company?

Our team serves departments across the company by providing feedback and best practices on software asset management. We get to work with a lot of different teams which is really interesting.

Ashia Coleman

Junior Windows Systems and Application Administrator

What makes someone successful on your team?

Our team relies on the ability to have quick and meaningful communications, sharing of ideas in a constructive way and working closely as a whole team. You also need to be interested in always learning. Technology never stands still and neither does this team.

Todd Hancsicsak

Director, Rights & Repertoire Technology

What does your typical day look like?

There is no typical day at UMG, which is a good thing! I get an opportunity to work with numerous individuals within IT and the business on a variety of global projects. Having the opportunity to work with so many talented people globally and continuously learn and contribute to our business is very exciting.

Gauri Gohokar

Project Manager

What are Universal Music Group Perks + Benefits

Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Vacation & Time Off Benefits
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Game Room
Parking
Fitness Subsidies
Professional Development Benefits
Tuition Reimbursement
Diversity Program
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