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Full-Time

Associate Director

Finance, Terrapin Station

Confirmed live in the last 24 hours

Sony Music Entertainment

Sony Music Entertainment

5,001-10,000 employees

Global music company managing artists and royalties

Consumer Software

Compensation Overview

$105k - $120kAnnually

Mid, Senior

Los Angeles, CA, USA + 1 more

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
SAP Products
Financial analysis
Requirements
  • Bachelor's degree with concentration in Accounting, Finance or related field (CPA preferred)
  • Have working knowledge of GAAP, financial reporting, journal entries, general ledger, accruals
  • Minimum 4-6 years of business experience in financial analysis and accounting duties
  • Live Entertainment and/or music touring industry experience is a must
Responsibilities
  • Perform accounting and finance functions in accordance with Generally Accepted Accounting Principles (GAAP)
  • Prepare and submit monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow)
  • Prepare and submit monthly and full year forecast
  • Prepare and submit annual budget
  • Financial Analysis and strategic reporting and commentary on its performance
  • Prepare budget and forecast projections for individual projects/events/tours
  • Prepare and submit financial statements by individual project/event/tour in accordance with GAAP after settlement
  • Oversee project/event/tour settlements and accrual clearing
  • Audit preparation
  • Report to CEO and CFO Masterworks Live, working with Sony Masterworks Finance and other Sony teams
  • Manage the transition from external accounting support to an in-house Sony team
  • Work with Sony Global Finance and IT support to migrate to Sony financial systems (SAP)
  • Implement strong financial controls to support Terrapin’s growing business
  • Liaise between Sony and TSE staff on administrative and other needs (e.g. HR, expense management, etc.)
  • Work with Sony HR on TSE annual headcount, budget, staff hiring protocol, and onboarding
  • Liaise with Sony Tax Compliance Department
Sony Music Entertainment

Sony Music Entertainment

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Sony Music Entertainment is a major player in the music industry, offering a wide range of services to artists and music fans. The company focuses on discovering and promoting musical talent while managing music rights and royalties. It generates revenue through music sales, including physical albums, digital downloads, and streaming, as well as licensing deals for use in films and commercials. Live performances and tours also contribute to its income, along with managing artists' royalties to ensure fair compensation. A unique feature is the Artist Portal, which provides artists with tools to analyze their earnings and make informed decisions about their careers. Sony Music is dedicated to nurturing new talent through internships and career opportunities, ensuring a pipeline of future industry leaders. Overall, Sony Music Entertainment stands out for its comprehensive approach to talent management, music production, and financial transparency.

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

N/A

Headquarters

New York City, New York

Founded

1929

Simplify Jobs

Simplify's Take

What believers are saying

  • SME's global reach and partnerships, such as with Pocketpair and Aniplex, offer expansive opportunities for career growth and international collaboration.
  • The company's commitment to nurturing new talent through internships and career opportunities ensures a steady pipeline of future industry leaders.
  • Involvement in high-profile campaigns like 'Your Voice, Your Power, Your Vote' highlights SME's influence and commitment to social impact.

What critics are saying

  • The highly competitive music industry requires constant innovation to maintain market leadership.
  • Legal battles against AI companies for copyright infringement could divert resources and impact SME's focus on core business activities.

What makes Sony Music Entertainment unique

  • Sony Music Entertainment's Artist Portal offers unparalleled financial transparency and insights for artists, setting it apart from competitors.
  • SME's diverse revenue streams, including music sales, licensing, and live performances, provide a robust financial foundation.
  • The company's proactive stance against unauthorized AI training on its music catalog demonstrates a strong commitment to protecting artists' rights.

Benefits

You join an inclusive, collaborative and global community where you have the opportunity to fuel the creative journey

A modern office environment designed to foster productivity, creativity, and teamwork

An attractive and comprehensive benefits package including medical, dental, vision, life & disability coverage, and 401K + employer matching

Voluntary benefits like company-paid identity theft protection and resources for pets, mental health and meditation resources, industry-leading fertility coverage, fully paid leave for childbirth or bonding, fully paid leave for caregivers, programs for loved ones with developmental disabilities and neurodiversity, subsidized back-up child and elder care, and reimbursement for adoption, surrogacy, tuition and student loans

We invest in your professional growth & development

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