Home
Search AIMP site
Poscasts
Job Offerings
Industry News
Latin Corner

Copyright Corner

JOB OFFERINGS

View All Jobs

Senior Financial Analyst (NY)

Posted: Apr 22, 2021

Summary

Reporting to the VP of Finance, the Senior Financial Analyst will be uniquely positioned to help drive key business decisions, contribute to strategic initiatives and process improvements, and influence all aspects of financial reporting by collaborating with the various operational teams of Spirit Music Group.


Primary Responsibilities (including, but not limited to):

  • Treasury / Accounts Receivable
    • Download and monitor daily bank activity and circulate to royalty and finance team
    • Update weekly cash forecast for anticipated receipts based on previous year and/or knowledge of upcoming pipeline income
    • Create and send out invoices and follow up on any outstanding accounts
  • Income Analysis and Tracking
    • Perform analytical review of major income source statements prior to ingestion for completeness and accuracy
    • Identify any underlying trends in data that could affect future income and cash flow
    • Audit data by sampling and comparing data to third party consumption reports and/or recalculating amounts due
  • Planning
    • Assist with the preparation of the annual budget model for income and net publisher’s share by aggregating data from various sources including, but not limited to industry trend reports, A&R and creative team input, and historical performance
    • Assist with the preparation of the quarterly forecast taking into consideration new signings, acquisitions, blanket licenses, industry and new release trends, etc.
  • Reporting
    • Update and present the monthly package for actual income and net publisher’s share and provide a detailed bridge analysis between actuals and budget
    • Coordinate with the creative team to create the monthly sync income report
    • Prepare joint venture accounting statements based on our contractual agreements
    • Update the client advance rollforward and deferred income reports
  • Other Responsibilities
    • Assist with the preparation of data for our auditors
    • Assist with the implementation of new financial processes and systems
    • Perform ad hoc analysis when requested by senior managment
    • Update the IBM Cognos (BI System) monthly by maintaining the mapping between the system and the royalty database, adding new clients when necessary and updating rates


Qualifications

  • Bachelor’s degree in Accounting/Finance
  • Minimum 3 Years of experience as a financial analyst at an entertainment company or from public accounting (Big 4, BDO or Grant Thornton preferred)
  • Ability to work in a fast-paced, high productivity environment with tight deadlines
  • Experience working independently with the ability to multitask
  • System savvy and expert knowledge of Microsoft Excel (i.e. Modeling, V-Lookup, If-Then statements, Pivot Tables, etc.) and Powerpoint.
  • Ability to identify and escalate situations effectively
  • Willingness to work overtime if necessary, to meet deadlines.

 

If interested, please click here.

 

Members
 
Members:
Login now to register for events and access your members area.
AIMP Twitter follow page AIMP Linked In group page AIMP Facebook page
Calendar of Events
Articles
Members Blog Posts
MUSIC METADATA A CHAIN REACTION
by P. Gills
View Full Post

MUSIC DATA, THE MYTHS AND THE REALITIES
by P. Gills
View Full Post

See all Posts
Legislation
AIMP Supports The MMA's MLC In a recently issued joint statement, the Association of Independent Music Publishers officials --National Chair and Los Angeles C …

View More

The Music Modernization Act H.R. 1551 (formerly S. 2823), the Orrin G. Hatch-Bob Goodlatte Music Modernization Act: The bill was signed into law on October 11 …

View More