Senior Manager, Digital Accounts – Order to Cash

🔥 0 minutes ago

🇺🇸 United States – Remote

💵 $120k - $125k / year

⏰ Full Time

🟠 Senior

👔 Manager

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 0%

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Warner Music Group

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1920

📱 Media

💰 Post-IPO Debt on 2021-10

Media

Warner Music Group is a global music company that forms a collective of music creators and enthusiasts. The company is involved in recorded music, music publishing, and media brand development. Warner Music Group is dedicated to championing the individuality of artists and songwriters, empowering them through its iconic labels and distinctive brands. It hosts a wide variety of artists and is known for its commitment to creative freedom and limitless possibilities in the music industry.

📋 Description

• Lead the Digital and Royalty Stream AR team and ensure operational tasks are completed • Own invoices, collections, cash application, revenue assurance, and risk assessments • Manage cash forecasting and bad debt management • Facilitate setup and tracking of new accounts and maintain relationships with DSPs and licensing and sync partners • Manage the Digital portfolio’s risk review schedule and timeline • Serve as primary contact for SSC Accounting, Legal, Finance, and Business Teams • Review contracts for terms, advances, payments, reporting, and pricing • Manage Invoice Advance/Guarantees, Formatting, and Prep Fees • Implement, translate, and review contractual language for royalty-related revenue customers and partners • Record and report digital revenues by media type and ensure proper cash application and revenue recognition triggers • Lead and develop internal and offshore resources • Assist with cash forecasts for significant revenue streams in partnership with FP&A • Prepare accruals for outstanding or revised sales reporting files • Resolve account discrepancies with customers and collect additional monies • Oversee daily cash reporting and follow-up processes • Manage invoice preparation for pricing, manifest, suspense, compliance, and product code issues • Streamline and improve data reporting and storage processes • Lead account review, cash forecast, and bad debt meetings • Facilitate monthly royalty payments • Support revenue recognition • Own and review SOX controls over the Digital portfolio

🎯 Requirements

• 10 years of progressive experience in Finance Operations, shared services, revenue recognition, accounts receivable, and related OTC processes or revenue accounting • Minimum of five years leading large teams including outsourced support resources • Deep expertise in SAP S/4 Hanna • Expert process knowledge of Customer Master Data, Credit Management, Billing, Collections, Dispute Management, and Cash Application • Bachelor’s degree required (Finance preferred) • Strong understanding of internal controls, data governance, and SOX compliance • Proficiency with BI software, Excel, or other tools to construct data matching models • Deep understanding of ASC 606 (US GAAP) and/or IFRS 15 • Detailed understanding of Music Industry revenue streams • Working knowledge of Music Industry metadata on products, tracks, and other artist related works

🏖️ Benefits

• Flexible remote work arrangement • Cross-functional collaboration and development opportunities • Equal Opportunity Employer