Tax Manager, Spotify
Global Tax Reporting
$115.1-164.4k
+ Equity
2-3 days a week in office
Commercial music streaming service
Open for applications
Commercial music streaming service
1001+ employees
Open for applications
$115.1-164.4k
+ Equity
2-3 days a week in office
1001+ employees
Company mission
To unlock the potential of human creativity—by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it
Role
Who you are
- 5+ years of direct experience with tax accounting, corporate tax, and tax provision
- A university degree or equivalent
- A combination of Big 4 public accounting and industry experience is preferable
- IFRS experience is a strong plus
- Experience with tax software (ONESOURCE Tax Provision), financial systems (NetSuite is a plus) ERPs, consolidation tools, and management reporting tools
- Familiarity with technology and automation with a strong focus to improve processes
- Excellent interpersonal/collaboration skills, in addition to excellent written, oral, and presentation skills
- Strong skills in the Microsoft Office and/or the Google suite including the ability to prepare robust Excel models and the ability to learn new software platforms
- A demeanor that champions collaboration, but also the ability to get the job done on your own when necessary
- Open, honest, accurate and willing to dig-in
- Desire to perform with the best and drive constant improvement
What the job involves
- We are seeking a Tax Manager - Global Tax Reporting to join our Global Reporting & Compliance Team
- This role reports to the Senior Manager of Tax Reporting and is based in New York City
- In this role, you will be responsible for key aspects of Spotify’s global annual and interim consolidated income tax reporting obligations and will play a critical role in the calculation of the global income tax provision in accordance with IAS 12
- You will oversee tax forecasting in close partnership with departmental colleagues as well as with those in Financial Planning & Analysis
- Additionally, you will collaborate closely with the broader global Tax team and work cross functionally with various Finance teams and Auditors
- Responsible for building internal processes around the tax forecasting process and guiding cash tax forecasting models related to domestic and foreign operations
- Responsible for the review of quarterly and annual income tax provisions in accordance with IAS 12 and local statutory GAAP; calculate the effective tax rate, current and deferred tax provisions, taxes payable and related disclosures including the tax reporting considerations of the new Pillar 2 GloBE regime
- Partner with colleagues to ensure uncertain positions are accounted for in accordance with IFRIC 23 / IAS 37
- Technology and Automation – find opportunities to make the overall tax reporting process more efficient, including using different tax technologies, (e.g. Onesource to prepare provisions, Alteryx)
- Research technical tax issues and prepare internal position memos and/or presentations to clearly document the basis for the tax accounting positions
- Keep up to date with IAS 12 guidance as well as tax law developments
- Collaborate closely with other members of the global tax team and greater finance organization to ensure completeness of tax analyses
- Be an integral part of the day-to-day operations of our global tax function
- Other exciting projects as required or needed
Our take
Spotify was founded in an attempt to combat the rampant music piracy that was causing significant harm to the industry. The company has since taken music streaming mainstream and now has 180m+ paying subscribers across the world.
With features that include a highly accessible interface and a vast catalogue of artists, Spotify's strong brand has been able to maintain growth in spite of fierce competition from deep-pocketed rivals like Amazon and Apple. The company has achieved this by making smart acquisitions to move into other verticals to strengthen its offerings, especially podcasting, by acquiring Gimlet Media, Anchor and Parcast.
Spotify's future plans include rapid growth with a goal to become a one-stop destination for all digital sound, as well as AI and NFT integrations. However, high costs incurred from the acquisition of exclusive podcasts, increasing competitor strength, and weak bottom-line growth mean that the company must find a balance to maintain its position in the sector.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
23% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jan 2016
$1bn
CONVERTIBLE
Jun 2015
$526m
SERIES G
Total funding: $2.1bn
Company benefits
- Extensive learning opportunities, through our dedicated team, GreenHouse
- Flexible share incentives letting you choose how you share in our success
- Global parental leave, six months off - fully paid - for all new parents
- All The Feels, our employee assistance program and self-care hub
- Flexible public holidays, swap days off according to your values and beliefs
Company values
- Innovative: We move fast and take big risks
- Sincere: We have no time for internal politics
- Passionate: We revel in what we do
- Collaborative: We recognise that we're all in this together
- Playful: We don't take ourselves too seriously
Company HQ
Norrmalm, Stockholm, Stockholms län
Articles
Leadership
Daniel Ek
(CEO & Chairman)Founded Spotify in 2006. Previously worked as an executive at Tradera, an auction company that was sold to eBay and was briefly the CEO of uTorrent.
People progressing
Joined as a Conversion Manager in the Growth Team. Promoted three times over seven years to Senior Director - Head of Growth.
Joined as a Customer Advisor. Since then has had the role titles Senior Advisor, Content Associate, Team Coach, and Operations Manager - Primary Support. Hurst is now currently the Business Operations Manager of Music.
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