Finance Intern in London, United Kingdom

Finance Intern

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 know that each talent makes our collective bolder and brighter. We are guided by four core principles that underpin everything we do across all our diverse businesses:

• Music is Everything : Music is our passion, and we can never get enough. Tastes, trends, and tech will change, but great artists and songwriters will always be our driving force.

• Global Growth, Local Expertise : Music is a global language. Through communication and collaboration, our success can come from anywhere and translate everywhere.

• Innovation and Insight : Pushing the boundaries requires the best information and the boldest imagination. We use both to create the future.

• Empowered by People : Like the artists we serve and the music they make, our differences make us stronger. This is a place where every talent can belong and build a career.

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: Finance Intern

Application deadline – Wednesday 6th March 2024.

Please note that these placements will be starting in Summer 2024

A little bit about our team:

You will be working in the finance department of the UK Shared Service centre (involved in multiple group companies), providing support to a variety of group companies and stakeholders.

Your role:

In this role, you’ll get to study for a finance qualification whilst also gaining practical experience of working in a varied, supportive finance team.

Here you’ll get to:

You will assist the management accounts team with month end work, such as:

• The preparation of bank reconciliations. In order to complete bank reconciliation work, you’ll need to work closely with the accounts payable team to understand all payments made and any refunds received, as well as with the accounts receivable team, to ensure that monies received are matched correctly in our systems.

• Posting journals including accruals and prepayments to ensure that costs and income are recognised correctly, and explaining any variance between actual results and budget/forecast.

• Completing balance sheet reconciliations to ensure that accruals and prepayments are tracked on a monthly basis.

• Support the Finance Manager in preparation of the departmental spend trackers showing actual spend to date and remaining available spend.

• Assist in the preparation and submission of external reporting requirements.

• Assist in coding intercompany invoices and ensuring that these are processed correctly.

• Ad hoc projects as requested.

• You’ll gain experience of working in a SOX-compliant business, gaining an understanding of how controls are key in processes and systems across the finance team.

• You will be process-driven and proactive in nature, always willing to learn about new areas of the business.

About you:

• You will have good Excel skills (VLOOKUP, pivot tables).

• You will be interested in studying at AAT or similar level.

• You are enthusiastic and keen to contribute to a large team.

• You will either be completing a finance degree and looking for a placement year role or will have recently completed a finance degree.

About us:

As the home to Asylum, Atlantic, East West, Elektra, 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. Redefining what it means to be a music company in the 21st century, our consumer brands include trend-setters like UPROXX, Songkick, HipHopDX, and EMP. We’re the home to WMX – the next generation services division that connects artists with fans and amplifies brands in creative, immersive, and engaging ways – and Alternative Distribution Alliance (ADA) – the ground-breaking global distribution company for independent artists and labels.

Together, we are Warner Music Group: Music With Vision & Voice.

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.

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, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other characteristic protected by applicable federal, state or local law.