Director, Strategic Finance

Posted 16 Hours Ago
Be an Early Applicant
Broadway Junction, New York, NY
90K-165K Annually
Senior level
Music • News + Entertainment
The Role
The Director of Strategic Finance will lead finance-related projects across Virgin Music Group, collaborating with other departments to drive strategic initiatives, improve business processes, and optimize costs. Responsibilities include managing strategic analyses, financial modeling, and ensuring communication with stakeholders regarding project progress and goals.
Summary Generated by Built In

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 own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. 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.
 

How we LEAD:

The Strategic Finance & Business Optimization team at Virgin Music Group [VMG] spearheads global improvement and business integration projects, constructing comprehensive execution plans with a strong focus on finance and global strategy.  The Director role will report to the team’s VP and will be based at our New York City office with an in-office presence of 3-4 days/week.  (Note: VP is located in Miami, FL.)

How you'll CREATE:

The ideal candidate will be a proactive person with exceptional organizational skills and a strong analytical mindset.  This role will work across many business verticals, driving forward global projects and ensuring timely execution of strategic deliverables.

  • Manage internal strategic analyses by working with department leaders across VMG and wider UMG to determine growth and integration initiatives, business process optimization and global cost reduction.

  • Drive forward implementation of VMG’s strategic goals by managing workstreams and tracking project initiatives.

  • Develop financial models and create concise presentations to communicate project progress to VMG senior management and other UMG leaders.

  • Recommend best practices for improving current processes to facilitate better decision making, team communication, and cost savings.

  • Proactively identify potential opportunities, evaluate strategic implications, and initiate related analyses.

  • Manage finance related communications with label/artist partners and internal UMG stakeholders to ensure transparency of strategic goal achievement.

Bring your VIBE:

  • Minimum 6+ years of relevant work experience in finance, accounting, consulting/strategy or similar field

  • Prior relevant experience in the music industry preferred

  • Ability to take ownership of and drive forward projects independently

  • Superior Excel skills and advanced proficiency Microsoft Office Word, PowerPoint, Outlook, and other office tools

  • Strong organizational skills and attention to detail, with the ability to successfully prioritize multiple tasks with minimal oversight

  • Excellent critical thinking and problem-solving abilities

  • High level of intellectual curiosity, especially around music, technology, and entertainment

  • Highly personable with strong team-working skills

Perks Playlist:

  • Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit

  • Comprehensive medical, dental, vision, and FSA options, as well as:

    • 100% coverage for out-patient mental health services

    • Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)

    • A lifetime fertility support allowance of $30,000 to plan participants

    • Student Loan Repayment Assistance and Tuition Reimbursement

    • 100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation

  • Variety of ways to prioritize much-needed time away from work including:

    • Flexible Paid Time Off (PTO) for exempt employees

    • 3-weeks PTO for non-exempt employees

    • 2-weeks paid Winter Break

    • 10 Company Holidays (including Juneteenth and Wellbeing Day)

    • Summer Fridays (between Memorial Day and Labor Day)

    • Generous paid parental leave for every type of parent

Check out our full overview of benefits on the Perks Playlist page of the career site.

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.
Universal Music Group is an Equal Opportunity Employer

We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.

For more information, please click on the following links.

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish


Job Category:
Finance & Accounting

Salary Range:

$89,550 - $164,817

The actual base salary offered depends on a variety of factors, which may include, as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.  All candidates are encouraged to apply.

Top Skills

Financial Modeling
Excel
Microsoft Office Word
Microsoft Outlook
Microsoft Powerpoint
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The Company
HQ: Santa Monica, CA
9,189 Employees
On-site Workplace

What We Do

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.

Universal Music Group's labels include A&M Records, Astralwerks, Blue Note Records, Capitol Christian Music Group, Capitol Records, Capitol Records Nashville, Caroline, Decca, Def Jam Recordings, Deutsche Grammophon, Disa, Emarcy, EMI Records Nashville, Fonovisa, Geffen Records, Harvest, Interscope Records, Island Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Motown Records, Polydor Records, Republic Records, Universal Music Latino, Verve Label Group, Virgin Records, Virgin EMI Records, as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. 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. Universal Music Group is a Vivendi company.

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