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.
We remain committed to Diversity, Equity, and Inclusion. We know it fosters a culture where you can truly belong, contribute, and grow. We encourage applications from people of any age, gender identity, sexual orientation, race, religion, ethnicity, disability, veteran status, and any other characteristic or identity.
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.
Job Title: Director, Order To Cash (OTC)
A little bit about our team:
Warner Music’s Nashville Shared Services Center (SSC) is the home to the financial and administrative functions that provide critical support and best-in-class services to our US Recorded Music and Publishing businesses. The Nashville Center embodies the innovative and creative spirit that stems from the company’s deep history in nurturing entrepreneurial thinking and artist-focused innovation, enabling our employees to develop a wide range of skills through cross-function collaboration and development opportunities.
Your role:
If you are an Amazing Order-to-Cash (OTC) Leader who wants to create a vision and roadmap to build a world-class OTC team within our regional center, then keep reading!
Here you’ll get to:
Oversee the delivery and support of OTC business processes
Define key performance indicators (KPIs) and develop metric reporting for core programs and processes, then monitor the performance of the OTC business process against targets
Serve as the primary point of contact for all things OTC for Mergers/Acquisitions
Work closely with the Business Development team as new deals/agreements are made to achieve systematic revenue processing within the scope of the agreements
Manage a customer portfolio that generates more than $ 4 billion in revenue annually
Lead the team processing all domestic revenue through automated systems (DSPs, touring revenue, physical revenue, etc.)
Build and strengthen the capabilities of the OTC team by identifying, developing, and overseeing talent within the function
Position yourself as a relied-on point of contact between all internal functional groups, including, but not limited to, Corporate Finance, Label Finance, Internal Audit, and Shared Services
Lead Credit and Collections team and advise on Credit Risk Reviews, Establishing Lines of Credit for Physical Music Purchases, etc.
Collaborate with the Physical Supply Chain / Operations group to drive continuous improvement
Serve as a point of escalation and final approval for the OTC process
Lead the team in the performance of day-to-day activities within OTC
Oversee OTC Analysts (both on and offshore) to ensure disputes are repaid or escalated timely. Partner with:
RTR team on the OTC month-end close-related activities, including cash/accounts receivable reconciliations
PTP team to determine ways to improve WMG’s working capital
GPO in identifying continuous process improvement opportunities
WMG teams like Risk Management, Treasury, and Legal when pursuing or initiating new OTC portals and/or wallets (including BitPay)
About you:
8+ years of experience in a supervisory role in accounting or a related financial role in a shared service environment
5+ years of experience in invoicing, collections, and customer credit functions in a high transaction volume organization
Proven track record of leading and developing outsourced business process teams
Extremely collaborative team player
Knowledgeable on front-end systems and all OTC processes
Bachelor’s Degree in Accounting, Finance, Economics, or a related field
Experience leading collaborative discussions and working with a diverse team of stakeholders to achieve a common goal
Executive-level communication skills
Working knowledge of US GAAP, SOX compliance, and audit procedures
Experience driving continuous improvement and challenging normal operations
Experience with process design (TQM, Six Sigma, LEAN, Agile, or similar process measurement and analysis techniques)
Experience ensuring policy and process compliance with applicable laws and data policies
Experience in desktop applications, financial ERP software, process flow tools, and/or statistical analysis for process improvement
Extensive experience as a user of a large and complex ERP system
Basic understanding of IT project management methodology (Agile or SDLC)
Ability to multi-task and prioritize projects and work under pressure to meet deadlines
We’d love it if you also had:
CPA, MBA, or equivalent preferred
Music or Entertainment Industry experience preferred
Knowledge of SAP and S/4HANA preferred
Multilingual preferred
About us:
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 catalogue 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.
Love this job and want to apply?
Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.
Thanks for your interest in working for WMG. We love it here, and think you will, too.
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, 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 catalogue of more than one million copyrights worldwide.
WMG comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available. WMG is engaged in the recorded music business (including artist services) and the music publishing business, and is a leading company in national and international repertoire that operates through numerous international affiliates and licensees in more than 50 countries.
Our recorded music business includes our growing artist services business, which offers artist management, merchandising, touring, fan clubs, VIP ticketing, sponsorships and brand endorsements, and numerous third-party solutions that facilitate the sale of music-based content directly to consumers. Our artist services business works with WMG artists as well as artists not otherwise signed to WMG labels.
Our primary music publishing business, Warner/Chappell Music, is one of the world's leading music publishers, with a catalogue of more than one million songs from more than 65,000 songwriters, and includes Non-Stop Music, a full service music production library company.