CONTROLLER: a vital part of the financial integrity of this international music company, overseeing the financial health of record labels, music publishers, streaming services, etc. This financial leader will oversee daily accounting operations for our U.S. division and guide the accounting team to enhance department efficiency and productivity. The individual in this role can anticipate exceptional professional and personal growth opportunities within our organization.

Our ideal candidate should have a for music and a talent for finance as they are the translator between our creative and business sides, ensuring the company’s financial success while supporting the artistic endeavors of musicians and artists.

Your Accountabilities:

Financial Operations Management: General ledger oversite, budgeting, forecasting, and financial reporting, ensuring all financial activities comply with GAAP accounting standards and industry regulations to provide insights for decision-making.
Industry-Specific Nuances: Manage industry complexities i.e. royalty structures, tax-deductible capital expenditures, copywrites, touring settlements, merchandise sales, book publishing, and licensing deals.
Revenue Management: Managing revenue streams including album sales, streaming royalties, concert ticket sales, merchandise, and licensing deals.
Cost Management: Control costs and monitor expenses related to recording, marketing, touring, and other operational activities to maintain profitability.
Royalty Accounting: Oversee the calculation and distribution of royalties to artists, songwriters, and other rights holders.
Contract Compliance: Review contracts to ensure accurate financial representation and compliance with terms to avoid legal disputes and maintain good relationships with artists, producers, and stakeholders.
Data Analysis and Strategic Insight: Analyze industry-specific data including, consumer behavior, streaming analytics, music consumption trends, and artist performance metrics to guide strategic decision-making, such as artist investment, content production, and marketing campaigns.
Internal Controls and Risk Management: Implement strong internal controls to mitigate financial risks specific to the music industry, such as contract disputes, piracy, and royalty fraud.
Collaboration Across Departments: Collaborate with different departments, including A&R (Artist and Repertoire), Marketing, Legal, and Touring, to communicate financial impacts.
Financial Strategy: Assess investment opportunities, evaluate expansion plans, and optimize the capital structure collaborating with senior leadership to align financial strategies with the company's objectives.
Staying Up-to-date: Keep educated on the music industry landscape and trends, including changes in streaming platforms, technology advancements, and legal matters that could impact the financial performance of the company and its artists.

Unique Aspects of this Role:

Fast-Paced Environment: The music industry is brilliant and fast-tracked. This controller needs to be flexible and comfortable working under pressure.
Passion for Music: Having a passion for music will allow the controller to understand the creative side of the business and build stronger relationships with artists and other creative professionals.
Business Acumen: A fundamental understanding of the music business, including different revenue streams, artist development models, and the details of music distribution and licensing deals. Ensuring the financial stability and growth of our company and bridging the gap between finance and creativity.

The Fundamentals:

Bachelor's degree in Accounting, Finance, or related field; CPA or CMA certification preferred
Several years of progressive experience in a controller or senior accounting role
Comprehensive understanding of Generally Accepted Accounting Principles (GAAP)
Proficiency in financial analysis, financial reporting, and forecasting techniques
Experience in NetSuite, QuickBooks, Salesforce, and Excel
Professional yet amiable communication style
Exceptional analytical, problem-solving, and prioritization skills
Ability to work autonomously, effortlessly pivot, and meet deadlines in an evolving environment
Self-motivated and results-oriented individual
An articulated history of a passion for music and finance

The Perks:

Be part of a dedicated team passionate about the arts and music
Opportunity to work in a fun and creative environment
Enjoy a flexible hybrid schedule
Competitive salary and generous benefits package
Gain unmatched experience in the dynamic music industry
This is a non-exempt salaried position

We are an equal opportunity employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and existing employees without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin, citizenship status, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, or any protected category prohibited by local, state or federal laws.

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Controller - Music Industry