Manager, Financial Planning & Analysis
With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word, as well as Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.
The FP&A department will provide coordination and support for all analysis groups throughout WMG. The department will partner on a wide array of analysis across all divisions including recorded music/music publishing deals (i.e. A&R, Licensing, JV/Profit Share, Administration, M&A), corporate (i.e. business development), operating performance/delivery tracking, market/competitive analysis, risk management, strategic opportunities and ad-hoc projects as needed.
High Level Job Description:
The manager of FP&A will be responsible for supporting ongoing central financial planning and analysis, as well as viewing initiatives through a financial lens in a strategic planning capacity. The broad group is responsible for providing financial and strategic support for all of WMG segments (Corporate, Recorded Music, Music Publishing).
Assist in developing financial models and strategic assessments to address key business issues, e.g. evaluation of new business models; key deals and post mortem analyses; market analyses; media landscape overviews; programming and content deals; business and operational planning; valuation of internal assets; ROI analyses of WMG's investments in new businesses and technologies, etc.
Support WMG's global target and budget process, including evaluating global music market forecasts by territory, quantifying investment opportunities and returns, accounting for financial impact of various operational events/decisions, and project managing process deadlines and deliverables
Support central financial operations, including current fiscal year delivery plan, internal cost and margin analysis, and multi-year internal financial models
Act as liaison between various departments for cross-functional projects
Provide ad hoc analyses and presentations for senior management
Provide support for CEO/CFO, board presentations, valuations, etc.
Assist in approval process of affiliate deals, including preparation and submission of transaction summaries
Support the development and updates to performance dashboards and management reporting tools
Prepare ad hoc reports and ongoing analyses to understand key drivers and variances across all business units' operations
Liaise affiliates to provide project management support, including conducting analyses and preparing presentation materials
Strong understanding of finance and cash flow concepts/principles in conjunction with excellent verbal, analytical, written and interpersonal skills
Ability to meet deadlines and work well under pressure in a fast paced environment
Ability to identify and solve problems; critical thinking skills
Sophisticated financial modeling skills and PowerPoint/presentation skills; ability to create new models as well as 'refresh' existing financial models
Ability to deliver value added analyses to senior management
Strong working knowledge of Microsoft Office including Excel and PowerPoint
Ability to communicate with senior level management team
Self-starter with a strong desire to learn and develop
Ability to work independently as well as to work as part of a team; handle multiple tasks simultaneously, while working with a sense of urgency to meet assigned deadlines
BA in Finance
4-6 years of finance-related experience in corporate finance, investment banking, private equity, consulting, business development, or other analytic role
Knowledge of music/media industry strong plus
Warner Music Group