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 turn dreams into stardom and audiences into fans. We are guided by three core values that underpin everything we do across all our diverse businesses:
Curiosity: We do our best work when we’re immersing ourselves in culture and breaking through barriers. Curiosity is the driving force behind creativity and ingenuity. It fuels innovation, and innovation is the key to our future.
Collaboration: Making music and bringing it to the world is all about the power of originality amplified by teamwork. A great idea, like a great song, travels globally. We ignite passions and build connections across our diverse community of artists, songwriters, partners, and fans.
Commitment: We pursue excellence for our team and our talent. Everything in music starts with a leap into the unknown, and we’re committed to keeping the faith, acting with integrity, and delivering on our promises.
WMG is home to a wide range of artists, musicians, and songwriters that fuel our success. That is why we are committed to creating a work environment that actively values, appreciates, and respects everyone. We encourage applications from people with a wide variety of backgrounds and experiences.
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.
About the Role:
Warner Chappell Music is seeking a dynamic, detail-oriented finance professional to oversee accounting functions for our Asian territories, based out of our Kuala Lumpur office.
In this role, you will act as a critical bridge between our Shared Service Centre (SSC), the Regional Finance team, and local business partners. You will direct and oversee audit compliance, financial reporting, and core accounting activities. Beyond the day-to-day, you will drive continuous process improvements to ensure complete alignment with local accounting standards, corporate policies, and cost-efficiency objectives.
The ideal candidate will be responsible for:
Procure to Pay (PTP)
Expense & Vendor Management: Coordinate with the SSC to manage all vendor payments and local employee T&E claims. Compile, review, and verify approvals and supporting documents against company policies; proactively resolve discrepancies with requestors.
Capex Processing: Periodic processing of capex payment requests, including compilation, review of approval and supporting documents and compliance to policies and highlighting and resolving discrepancies with the requestor
Payment Tracking: Track outstanding payments, especially relating to writers and business partners, and collaborate with the SSC and business teams to resolve issues
Urgent Disbursals: In case of urgent payments, tax and intercompany, process payments directly into banking portal.
Order to Cash (OTC)
Billing Coordination: Coordinate between SSC and local teams for invoice issuance
Cash Application: Review invoicing interface between systems and successful cash application
Ageing & Collections: Review of monthly ageing reports prepared by the SSC. Coordinate collection efforts with the SSC, and escalate unresolved delays to the Finance Manager and/or local business team
Bank Monitoring: Monitor bank accounts for receipt of cash from clients and collaborate with local business team to identify the payers
Master Data: Facilitate ad hoc client onboarding into vendor systems
Royalties Accounting
System Integration: Review data interface between SAP and royalty processing system. Verify supporting documents, such as official tax invoices, royalty files, statements, before routing to the Regional Copyright and Royalties team
Writer and Publisher Payouts: Coordinate regular royalty payments to exclusive writers or original publishers of local entities (business partners), including reviewing the final run report, collecting and maintaining records of required banking details and compiling for payment approval process
Balance Updates: Review the interface between the payment module to the royalty processing system to ensure timely update of Payee Account Balances
Stakeholder Support: Address ad-hoc royalty payment queries from business partners and coordinate approved advance payments with the SSC
Record to Report (RTR)
Month-End Closing: Prepare journal vouchers, upload monthly entries into SAP for Finance Manager review, and maintain the month-end close checklist/Risk & Control Matrix
Intercompany Recharges: Coordinate monthly intercompany recharges and regular group royalty payables with affiliates
HQ Reporting: Perform quarterly Royalty and Revenue Interface reconciliation per HQ policy and guidelines, including comparing against royalty processing system/Tableau reports. Track monthly accruals, actual payments, suspense, and unprocessed amounts. Complete quarterly supplemental financial reporting and disclosures
Audit & Tax Support: Assist in compiling comprehensive documentation for external auditors and tax agents for the completion of annual audit and annual tax filing process
Corporate Accounting, Systems & Tax
Compliance: Always ensure strict adherence to all WMG internal policies and SOX requirements. Implement internal controls for accounting procedures and systems, and recommend process improvements for risk management and cost-efficiency
Systems Optimization: Support the Finance Manager in system implementations, data migrations, and user acceptance testing (UAT). Set up new customer/vendor master data.
Tax Compliance: Prepare local withholding tax documentations and submissions per applicable local tax authorities. Request official tax invoices and certificates of residence for intercompany royalty payments
Key Performance Measurements:
Accuracy & Timeliness: Management of the workload in delivering thorough, prompt, accurate, and precise financial workflows while maintaining strict confidentiality where required
Compliance: Ensure accuracy in financial reporting and compliance with local accounting standards, tax regulations, internal control and etc at all times
This position requires a minimum of four days per week in the office. We value in-office collaboration and believe it’s essential for talent development and fostering strong working relationships.
Experience and Qualifications:
Degree in Finance, Accounting, Economics or related field
Extensive experience in finance and accounting
Professional qualification of CPA or finalist status is preferred
Experience of data analysis with the ability to analyze complex information and present in a concise format
Skills/Abilities Required:
Strong analytical and problem-solving skills
Excellent time management skills with the ability to work in a fast paced, matrix and changing environment
Strong communications skills both verbal and written English and Chinese across all levels of an organization
Professional proficienIT skills especially Microsoft Excel, working experience with SAP and Oracle will be advantageous
Technically strong in accounting standards and taxation knowledge
Commercial awareness and business acumen
Possess high level integrity, initiative and results oriented
Strong leadership and interpersonal skills
Sound presentation skills, in particular the presentation of financial information to non-finance managers and senior directors
#WCM
As the home to 10K Projects, Asylum, Atlantic Music Group, East West, 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 catalog of more than one million copyrights worldwide. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. In addition, WMG counts film and television storytelling powerhouse Warner Music Entertainment among its many brands.
Together, we are Warner Music Group: Independent Minds. Major Sound.
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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.