Assistant Manager, Finance

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.

The core values that comprise Universal Music Group are Authenticity, Boldness, Creativity, Connection, Drive and Insight. These values are the essence of our people which makes UMG the most renowned company in the music industry.

Job Summary:
The Assistant Finance Manager supports the Finance Manager and Managing Director at Faithful Music, a subsidiary of Universal Music Sdn Bhd in managing the financial operations of the organization. This role involves assisting with financial planning, analysis, budgeting, reporting, and ensuring compliance with financial regulations. The Assistant Finance Manager also plays a critical role in supporting the financial decision-making process by providing accurate and timely financial information.

Key Responsibilities:
Financial Reporting:

- Assist in the preparation of monthly, quarterly, and annual financial statements.
- Ensure accurate and timely reporting of all financial information.
- Support the Finance Manager in preparing management reports and presenting findings to senior management.

Budgeting and Forecasting:

- Assist in the development of the annual budget and financial forecasts.
- Monitor and analyze budget variances and provide recommendations for corrective actions.
- Work with department heads to ensure budget adherence.

Financial Analysis:

- Conduct financial analysis to support business decisions.
- Analyze financial data, identify trends, and provide insights to improve financial performance.
- Assist in evaluating investment opportunities and financial risks.

Cash Flow Management:

- Assist in monitoring and managing the company’s cash flow.
- Prepare cash flow forecasts and ensure sufficient liquidity for business operations.

Compliance and Audit:

- Ensure compliance with financial regulations and company policies.
- Assist with internal and external audits, including the preparation of audit schedules and documentation.
- Maintain accurate and organized financial records.

Process Improvement:

- Identify areas for process improvements in financial operations.
- Assist in the implementation of new financial systems, procedures, and controls to enhance efficiency.

Ad Hoc Projects:

- Participate in special projects as assigned by the Finance Director.
- Provide support for mergers, acquisitions, or other corporate finance activities.

Desired Traits:

- Education: Bachelor’s degree in Finance, Accounting, or a related field. A professional certification such as CPA, ACCA, or CMA is preferred.
- Experience: Minimum of 3-5 years of experience in a finance or accounting role, with some supervisory experience.
- Technical Skills: Proficiency in financial software (e.g., SAP, Oracle) and Microsoft Office Suite, particularly Excel.
- Analytical Skills: Strong analytical and problem-solving skills with attention to detail.
- Communication: Excellent verbal and written communication skills.
- Leadership: Ability to work collaboratively in a team environment and manage multiple priorities.
- Financial Acumen: In-depth understanding of financial principles and practices.
- Integrity: Adherence to ethical standards and the ability to handle sensitive information confidentially.
- Adaptability: Ability to adapt to changing business needs and work in a fast-paced environment

Working Conditions: Standard office environment, with occasional need for extended hours during peak reporting periods.

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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