Universal Music Group · 2 months ago
Manager, Fund Accounting-Administration
Santa Monica, California
Full-time
Onsite
Mid, Senior Level
$90K/yr - $165K/yr
4+ years expUniversal Music Group (UMG) is the world’s leading music company, committed to artistry, innovation, and entrepreneurship. They are seeking a Fund Accounting/Administration Manager to support fund accounting, administration, and investor reporting responsibilities for music investment funds managed by UMG, requiring strong accounting and analytical skills.
Audio Recording and ProductionMedia and EntertainmentMusicPublishing
Responsibilities
Liaise with third-party fund administrators and service providers that support accounting and financial reporting processes
Assist with the preparation and review of quarterly NAV and closing packages
Manage offshore resources involved in quarterly accounting and financial reporting processes and monitor compliance with agreed-upon service level agreements (SLA)
Review all GL activities for proper accounting
Review & approve journal entries & analysis prepared by offshore staff; including balance sheet account reconciliations
Manage cash reconciliations and provide guidance to the offshore team for more complex transactions
Assist with calculations of management and other fund related fees
Prepare management financial packages, including financial reports, balance sheet reconciliations and supporting analytics to facilitate review of quarterly close by senior finance management
Provide support as necessary to assist in the quarterly forecasts and annual plan process
Manage cash flow projections regularly to ensure adequate funding exists for normal operations, acquisitions, and quarterly distributions
Facilitate the necessary steps to complete funding process with the various partners/parties
Liaise with internal & external auditors and prepare audit schedules as required
Support special projects, process improvement initiatives & annual compliance testing
Respond to various investor requests for reports and information
Qualification
Required
Bachelor's degree in Accounting
4 to 6 years of broad general ledger accounting or corporate reporting experience
At least 2 to 3 years of fund accounting experience within large investment firms or financial institutions
Experience with ERP, fund accounting or similar general ledger applications
Strong Excel & Word skills
Strong analytical skills
Attention to detail
Ability to effectively multi-task and work under pressure to meet deadlines
Strong oral and written communication skills
Authorized to work in the US
Preferred
CPA credentials
MBA
Benefits
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
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
Company
Universal Music Group
Universal Music Group is a music-based entertainment company that offers music recording, publishing, and merchandising services worldwide. It is a sub-organization of Leviy Publishing.
10001+ employees
H1B Sponsorship
Universal Music Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (19)
2024 (24)
2023 (14)
2022 (22)
2021 (18)
2020 (19)
Funding
Current Stage
Public CompanyTotal Funding
$8.65BKey Investors
William AckmanTencent
2023-06-06Post Ipo Debt· $802.31M
2021-09-21IPO
2021-06-21Secondary Market· $4.17B
Leadership Team
Devraj Sanyal
Chairman & CEO, Universal Music Group, India & South Asia; SVP Strategy "AMEA"
Timothy Xu
Chairman and CEO
Recent News
2026-01-08
Company data provided by crunchbase