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Full-Time

FP&a Associate

Posted on 8/29/2024

SoundCloud

SoundCloud

501-1,000 employees

Digital music streaming platform for creators

Entertainment
Consumer Software

Compensation Overview

$67k - $70kAnnually

Entry, Junior

New York, NY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
SQL
Financial analysis
Tableau
Oracle
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 1+ years of relevant experience in financial analysis or related field
  • Bachelor’s degree in finance, accounting, economics, or a related field is a plus
  • Expert in Excel (pivot tables, complex formulas)
  • Knowledge or experience in financial modeling of a high-growth technology company
  • Excellent communication and interpersonal skills and ability to translate complex data into actionable insights and recommendations for different audiences
  • Data-driven and highly curious about how and why trends move month-to-month
  • Databases and Data Analysis (SQL, statistics, etc.) are a plus
  • Proficiency in data visualization tools such as Looker, Tableau, or Power BI are a plus
  • Passion for music and interest in understanding user behavior and preferences in the music domain
  • Excellent problem-solving skills and attention to detail
  • Ability to prioritize and manage multiple tasks
Responsibilities
  • Forecast, track, and explain monthly revenue movements across our subscription and ad businesses
  • Partner with key finance leads to aggregate financial and non-financial KPIs to be included in monthly, quarterly, and annual reporting to the Executive Team and investors, including competitive benchmarking
  • Improve financial models for quicker and more automated forecasts
  • Assist the team in defining, developing, and maintaining customer lifetime value calculations
  • Monitor and assist with price testing and modeling of price testing impact
  • Leverage Oracle Fusion (ERP system) and reporting systems to improve internal monthly management reporting
  • Assist in the preparation of fiscal year revenue budgets across our subscription and ad businesses
  • Collaborate with key stakeholders to support various financial functions as well as ensure data quality, consistency, and alignment
  • Conduct ad-hoc financial analysis and reporting to support strategic decision-making for the organization

SoundCloud is a digital music streaming platform that allows users to listen to over 265 million music tracks for free. It offers a free tier with ads and premium subscriptions like SoundCloud Go, which provide ad-free listening and offline access. The platform also features SoundCloud Premier, a program that enables artists to earn money from their tracks through ad revenue and fan support. SoundCloud aims to create a comprehensive platform that benefits both music consumers and creators.

Company Stage

M&A

Total Funding

$693.6M

Headquarters

Berlin, Germany

Founded

2007

Growth & Insights
Headcount

6 month growth

16%

1 year growth

26%

2 year growth

41%
Simplify Jobs

Simplify's Take

What believers are saying

  • SoundCloud's partnerships with AI companies like Fadr, Soundful, and Voice-Swap enhance the platform's appeal to creators by offering advanced tools.
  • The platform's recent profitability milestone and predicted €2 million EBITDA for 2023 indicate strong financial health and growth potential.
  • SoundCloud's focus on spotlighting up-and-coming artists through new algorithms and playlists can drive user engagement and platform loyalty.

What critics are saying

  • The highly competitive music streaming market poses a constant threat to SoundCloud's market share and user retention.
  • SoundCloud's history of workforce reductions and ongoing sale preparations may create uncertainty and instability for employees.

What makes SoundCloud unique

  • SoundCloud's extensive library of over 265 million tracks sets it apart as one of the largest music repositories online.
  • The platform's unique artist monetization program, SoundCloud Premier, attracts a large community of creators by enabling them to earn from their tracks.
  • SoundCloud's recent introduction of AI-assisted tools and 'fan-powered' Buzzing Playlists highlights its commitment to innovation and supporting emerging artists.

Benefits

Comprehensive health benefits including medical, dental, and vision plans, as well as mental health resources

Robust 401k program

Employee Stock Ownership Plan

Generous professional development allowance

Interested in a gym membership, photography course or book? We have a Creativity and Wellness benefit!

Flexible vacation and public holiday policy where you can take up to 35 days of PTO annually

16 paid weeks for all parents (birthing and non-birthing), regardless of gender, to welcome newborns, adopted and foster children

Various snacks, goodies, and 2 free lunches weekly when at the office

INACTIVE