Full-Time

Manager – Corporate Finance

Fp&a

Confirmed live in the last 24 hours

Kobalt Music Group

Kobalt Music Group

501-1,000 employees

Music publishing and rights management services

Consumer Software
Entertainment

Compensation Overview

$88k - $110kAnnually

Mid

New York, NY, USA

Applicants must be eligible to work in the United States.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
SAP Products
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s Degree and at least 3+ years of applicable FP&A experience.
  • Team player with ability to build organizational relationships and work collaboratively with a diverse group of people at all levels.
  • Experience working accurately and efficiently with high volumes of data under strict deadlines. Able to build financial models from scratch.
  • Experience creating budget and forecasts using mainstream accounting software or financially-integrated systems such as Adaptive Insights, NetSuite, SAP, etc.
  • Deep understanding of financial statements (balance sheet, income statement, cash flow statement).
  • Critical thinker and strong problem solver with excellent written and verbal communication skills; ability to frame issues, articulate findings and present optimal solutions and options.
  • Experience training and supporting a junior member of the team.
  • Proficient with PowerPoint, BI tools and financial management/budgeting applications. Advanced proficiency in Microsoft Excel is a must.
  • Must be comfortable with changing requirements and priorities.
Responsibilities
  • Own Cash Flow model, produce short-term, long-term and ad hoc cash flow forecasting to support financing decisions.
  • Work with business leaders to develop and maintain annual budgets and monthly forecasts.
  • Perform variance analysis and deliver commentary of periodic results versus budget, forecasts and prior year actuals.
  • Create, manage and maintain budget and expense models.
  • Partner with Accounting, assist in essential month-end close processes including consolidated reporting.
  • Manage headcount by coordinating with People & Culture and monitoring progress against hiring plans.
  • Drive continuous improvement in modelling and forecasting through automation, refine assumptions and logic, develop robust reporting processes, and assist in documenting critical workflows.

Kobalt Music Group operates in the global music industry, providing services to artists, songwriters, publishers, and music labels. The company offers a range of services including music publishing, rights management, and royalty collection. Kobalt's technology platform allows clients to access real-time data about their income and activities, ensuring they have full visibility over their earnings and rights. This focus on transparency and control differentiates Kobalt from traditional music services. The company uses a performance-based revenue model, meaning it only earns when its clients do, and offers flexible contracts that allow creators to retain full ownership of their work. Kobalt's goal is to empower music creators by enhancing their financial returns and providing them with the tools they need to succeed.

Company Stage

N/A

Total Funding

$477.3M

Headquarters

New York City, New York

Founded

2000

Growth & Insights
Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Kobalt's recent $450 million revolving credit facility and $266.5 million raised through asset-backed securities significantly boost its financial stability and growth potential.
  • Partnerships with platforms like beatBread and signing deals with indie publishers like Umbrella Songs expand Kobalt's service offerings and client base.
  • The launch of the updated Client Portal with the 'Collection Gap' tool demonstrates Kobalt's commitment to innovation and enhancing client experience.

What critics are saying

  • The competitive nature of the music industry means Kobalt must continuously innovate to maintain its edge over traditional and emerging music services.
  • High-profile executive departures to competitors, such as Tom Sansone to SoundCloud, could impact Kobalt's strategic direction and operational efficiency.

What makes Kobalt Music Group unique

  • Kobalt leverages advanced technology to provide real-time access to income and activity data, ensuring unparalleled transparency for clients.
  • The company's performance-based revenue model aligns its interests with those of its clients, unlike traditional music services that may have conflicting priorities.
  • Kobalt's flexible contracts allow creators to retain 100% ownership of their work, offering more control over their future compared to conventional music deals.

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