Director of Finance & Accounting, The Orchard
$140-150k
4+ days a week in office
Music distribution and licensing
Be an early applicant
Music distribution and licensing
501-1000 employees
Be an early applicant
$140-150k
4+ days a week in office
501-1000 employees
Company mission
To be a technology-driven leader in music distribution and artist & label services.
Role
Who you are
- Bachelor’s degree in accounting with 5-7 years of experience in financial accounting, audit, and internal controls. CPA preferred
- Strong proficiency in MS Excel, including the ability to write complex formulas (intermediate to advanced level)
- Proficiency in SAP and Quickbooks required
- Professional working proficiency in Spanish is preferred but not required, as the role involves reading Spanish contracts and collaborating with the label finance team
- An excellent communicator and enthusiastic collaborator who works well with team members, external partners, and management
- You are open minded with a passion for learning. You are curious, ask questions and get excited about new projects
- A thoughtful, organized and results-oriented professional
- You are thorough and thoughtful in your approach to problem solving
- Able to adapt quickly to a changing environment with minimal disruption
What the job involves
- As Director, Finance & Accounting, you will play a key role in providing key accounting, reporting, and analytical support across the company's various labels.
- This role combines financial analysis with technical accounting to ensure accurate and timely financial reporting, helping management make strategic business decisions
- Collaborate with finance teams of priority labels to review and understand monthly financial reporting results, including new deals, investments, acquisitions, and significant P&L fluctuations against forecasts, budgets, and historical data
- Support Sony Music Global Finance with reporting and financial analysis requests related to label activities (touring, merchandise sales, publishing, etc.)
- Prepare P&L commentaries and present monthly results to the team and management
- Collaborate with labels' finance teams to understand their daily accounting processes and policies. Identify areas for improvement and ensure alignment with IFRS and Orchard/Sony Music policies
- Review contracts to identify factors impacting accounting treatments (e.g., principal vs. agent, revenue sources for artist royalty recoupment, contingent vs. non-contingent commitments)
- Participate in the month-end close process by recording labels' monthly financial results in the Orchard ERP system, including management adjustments to comply with IFRS and Orchard/Sony Music accounting policies
- Prepare journal entries, balance sheet reconciliations, and balance sheet disclosure schedules
- Participate in new integration efforts for newly acquired companies and/or investments requiring financial consolidation accounting treatments
- This is an office-first role, requiring 4 days a week in the office
- Monthly travel to meet with labels' finance teams is required
Our take
The Orchard has spent 25 years offering independent artists a comprehensive set of music services, including marketing, sales, YouTube monetisation, and distribution and licensing across over 40 worldwide markets. The company has spent nearly a decade of that time operating as a subsidiary of Sony Music.
The addition of YouTube monetisation services a decade ago was a smart move for The Orchard - even if it’s landed the company in some hot copyfraud water for what some criticise as an overzealous approach to copyright infringement claims. It’s meant that artists with The Orchard have more tools in their arsenal to combat the rise of streaming services, which have put independent artists in a difficult position regarding monetisation.
If the company wants to continue providing the best service for independent artists, however, it may need to be more proactive in accommodating new and highly influential trends in music marketing. TikTok, for example, has become a major tool for generating exposure, and many artists are experimenting independently with NFTs. The industry is moving at light speed, and The Orchard may need to pick up its pace to continue attracting independent talent.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Company 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 excellent range of benefits, like private medical cover, a generous pension scheme, life assurance and income protection, plus loads of music biz perks
- We invest in your professional growth & development
Company HQ
NoHo, New York, NY
Leadership
Richard Gottehrer
(Chief Creative Officer & Founder)An original founder of the company back in 1997.
Salary benchmarks
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