Internal Control Assurance Manager, SEAK & GC

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:

This is a recently created shared service centre comprised of in-house professionals located at multinational company shared service centre office in Kuala Lumpur.

In this position you will ensure the implementation of the multinational’s Internal Controls, creation of controls process documentation, and monitor and assess the design and operational effectiveness of the controls including the testing and verification of the controls by the SSC. Provide advice and consultative services to SSC, Operating Companies and key management leaders in identifying risk, devising mitigation strategies.

In this role the individual will acquire a strong knowledge of the group, its activities and operations which place them in a strong position to evolve into internal finance management positions in the future.

The role will require collaboration with operational finance staff in the SSC, the Staff in the Operating Companies served, and lastly the BPO Outsource partners staff in the offshore delivery centres.

Job description:

• Ensure the application and execution by SSC, & BPO of the multinational’s Internal Control Assurance Program
• Drive continuous improvements in the adherence and application of the internal control assurance programme in the SSC
• In conjunction with control owners create control process documentation
• Conduct quality reviews of key controls self-assessments reported by SSC control owners
• Develop (process) control standards and related testing plans to address existing and new risks
• Execute test plans to evaluate the design and operating effectiveness of controls at the SSC
• Develop and manage the process of monitoring change in company operations and impact on control environment
• Support design and implementation of Controls in the SSC, including IPE/MRC and reporting and account reconciliation review for the region
• Review balance sheet and account reconciliations for the region
• Review Reporting packages (disclosure controls)for the region
• Proactively follow-up and track identified remediation plans required in the SSC, and BPO
• Assist FSC Lead with the identification of process control improvement opportunities
• Manage day to day relationships with management members and provide guidance and advice
• Proactively manage relationships with business functions, IT and Global Compliance Teams
• Facilitate trainings of internal control related topics to SSC, and BPO Staff

Job Requirements:

• A minimum of 8 years of experience in a combination of public accounting, Internal Control and/or Internal Audit
• Prior working experience in finance roles and/or finance shared services is an advantage
• Prior experience working in a global multinational company
• Prior experience of working in Internal Controls for a listed multinational company under SOX
• Certified Public Accountant or equivalent and/or other professional certification such as CFE or CIA preferred
• Degree from a major university with a major in Accounting, Finance, or Business
• Multilingual: Fluent in English and Mandarin. Japanese is highly desirable
• Experience with data analytic tools is an advantage
• Strong understanding of governance and internal control regulations, including COSO
• Good understanding of IFRS accounting principles
• Knowledge of the role of IT General Controls and application controls
• Experience with SAP ERP, BPC and Hyperion FM is an advantage
• Excellent verbal, written, and interpersonal communication skills
• Strong organisational skills and ability to coordinate multiple tasks concurrently
• Effective in working collaboratively with cross functional team members and with external partners
• Ability to travel internationally, primarily within the region, and work independently
• Proficient in MS Office Suite (Excel, PowerPoint, Word)

Interested? Please follow the link to submit your application today!
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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