We are UMG, the Universal Music Group. We are the world's leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.

Our core values of Authenticity, Boldness, Creativity, Connection, Drive, and Insight are the essence of our people, making UMG a renowned company in the music industry.

Job Summary:

In this position, this Management Accounting Lead (MA Lead) will be part of the RTR team and will be involved with transition activities (if any) and responsible for day-to-day RTR operation-related matters. This role will report into the Site Lead, Shared Service Center.

The MA Lead manages the teams and end-to-end activities of RTR. The role its crucial through its interaction with key stakeholders in finance, business, outsourcing partner and global process owners. Current scope would cover 10 countries in APAC.

Overall, the responsibilities span the comprehensive management of financial transactions and personnel within the RTR - Management Accounting stream.

Job Responsibilities/Objectives:

Work with SSC leadership, Local Finance, Business Leaders and outsourced party to establish service levels, performance metrics, and technology requirements, and adapt them as needed over time
Transition and establishment of the RTR operations within the SSC, ensuring a smooth transfer of financial processes, systems, and data from the Business Units in the region to the SSC when necessary.
Lead month-end financial review meetings, have discussions on the financials with Finance Director and follow-up on actions raised
Ensure that the FTE capacity planning is reflective of accurate volumes and average handling time

Day to Day Operation

Handle the day-to-day operations of RTR Management Accounting and outsourced party deliverables, ensuring the prompt and precise delivery of financial services to stakeholders within the region
Manage service level agreements (SLAs) and key performance indicators (KPIs) to meet or surpass performance targets for all RTR processes, which include (but not limited to): P&L and Margin review, Management reporting packs, Joint Venture/Distribution Deal accounting, Advisory and Control, Repertoire Metadata and Month-Close execution and reporting
Proactively collaborate with the stakeholders & cross-functional teams (Local Finance, Global Process Owners, BPO, Business) to improve financial processes.
Particípate in continous process improvement. Regularly track and resolve outstanding issues identified.
Royalty accounting: provision and actual for third party and intercompany royalty.
Handle Project accounting for non-recording income – project code review, P&L review.

Month end close

Complete HFM(Hyperion) and SAP close
Review, coordinate and prioritize the work done by outsourced party and offer insights and feedback on areas of improvement or on areas of excellence
Handles end to end R2R activities, ensuring accuracy, timeliness, compliance & adherence to SLAs. Responsible for Month End Closing (MEC) process including reconciliations and journal entries.
Ensure strong control environment & healthy balance sheet position.
Monthly closing analysis review on revenue, margin, overhead, marketing.

Controls

Monitor global process adherence and controls implementation across all employees involved in the RTR flow
Highlight all areas of concern, risks for non-compliance of corporate policy and procedures
Participate in the ongoing documentation and updating of company procedure manuals
Participate in audit meetings, follow-up on deliverables and review the quality of evidence submitted

Standardization and Improvement

Adhere to and improve the governance model between Local business units, SSC and outsourced party
Collaborate with global process owners regarding process standardization and optimization, improvements, automations or system upgrades
Support communication of change and trainings for all team members (local, SSC, outsourcing) with respect to RTR processes or automations
Escalate outsourcing party business continuity challenges (managerial KPIs) or performance challenges (SLAs) to Outsourcing contract manager
Lead migrations and knowledge transfers for new business units, prepare relevant documentation and drive process consistency & standardization in order to optimize operational efficiency

Required Skills / Experience

Detailed understanding of the review process underlying all Management accounting activities and associated controls, which include P&L and Margin review, Management reporting packs, Joint Venture/Distribution Deal accounting, Advisory and Control, Repertoire Metadata and Month-Close execution and reporting
High integrity, independent and analytical and communications skills together with a strong sense of responsibility
At least 12 years relevant experience in RTR/Accounting, with at least 5 years as Management Accountant
Proactive, fast learner, self-motivated and performance-driven with the ability to multitask
Proficiency in MS Office tools, HFM and SAP ECC, Blackline is a plus
Proficiency in IFRS and and work experience in a company that had to comply with SOX Controls
Experience in utilizing data insights to identify trends, efficiencies, and areas for improvement
Experience in working with SLA's, KPI's and in determining the right resourcing loading model
Fluency in English and Mandarin is required.
Clear and concise communication style
Experience of working within a multicultural, international environment
Strong and proven people management / supervisory background

Education

Bachelors / Masters Degree in Finance & Accounting
Certified Public Accountant (CIMA fully qualified or international equivalent)
Six Sigma/SAP/People management certifications are a plus

Interested Please follow the link to submit your application today!

https://umusic.wd5.myworkdayjobs.com/UMGAPAC/job/Kuala-Lumpur-Malaysia/Management-Accounting-Lead--GC_UMG-25423

Note: Only shortlisted applicants will be contacted.

About us:

Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries.

Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans.

UMG's catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). UMG also includes Universal Music Publishing Group, one of the industry's premier music publishing operations worldwide and Bravado, the leading provider of consumer, lifestyle and branding services to recording artists and entertainment brands around the world.

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