Treasury Manager, Deezer
Office located in Rue de Calais, Paris
Audio streaming platform
Open for applications
Audio streaming platform
501-1000 employees
Open for applications
Office located in Rue de Calais, Paris
501-1000 employees
Company mission
Deezer's mission is to bring audiences and artists together by embodying the thrill, intimacy, and delight of music discovery.
Role
Who you are
- 3-4 years previous experience on Cash/Treasury Manager roles, with a background in accounting
- Risk Management Expertise: Experience in identifying and mitigating financial risks
- Collaborative Nature: Ability to work effectively with cross-functional teams and external partners
- Strong Numerical Skills: Proficiency in handling and analyzing numerical data accurately
- Attention to Detail: High level of accuracy in recording and reconciling financial transactions
- Organizational Skills: Ability to manage multiple tasks and maintain organized financial records
- Technical Proficiency: Familiarity with accounting software and financial reporting tools
- Analytical Thinking: Capacity to analyze financial data and identify discrepancies or trends
- Compliance Awareness: Understanding of regulatory requirements and adherence to financial policies
What the job involves
- Finance is the recipient transaction
- The mission is to maintain accurate treasury records, optimize liquidity, ensure financial stability, and support strategic decision-making through effective management, accurate reporting, and cross-functional collaboration
- Manage Cash Flows: Ensure optimal liquidity to meet the company’s financial obligations + Track and report on cash inflows and outflows to ensure accurate cash flow management
- Oversee Investments: Manage the company’s investment portfolio to maximize returns within risk parameters
- Coordinate with Stakeholders: Collaborate with internal departments and external partners for seamless financial operations
- Record Transactions: Accurately document all treasury-related financial transactions
- Reconcile Accounts: Perform regular reconciliations of bank statements and treasury accounts
- Prepare Reports: Generate detailed financial and treasury reports for internal and external stakeholders
- Assist in Audits: Support internal and external audits by providing necessary documentation and explanations
- Ensure Compliance: Ensure all accounting activities comply with relevant regulations and company policies
- Ensure Compliance: Ensure all treasury activities adhere to regulatory and policy requirements
Our take
Deezer is a listening app that lets users stream music, podcasts, and radio stations from multiple devices, also offering recommendations and smart playlists. This makes it a competitor of a giant in the sector, Spotify. While Deezer and Spotify are comparable in many respects such as interface, content music discovery features and pricing, Deezer currently has an edge in sound quality. However, it lacks the paying customer base of Spotify - while it has a healthy 16 million paid subscribers, Spotify is roughly ten times larger.
Neither company specialises in terms of media or region, so it’s hard to see how Deezer could carve itself out a distinct niche, and it risks falling behind in integrations with third-party platforms due to its relatively small market share. A major data breach of customer information in 2022 was badly handled, which won't help matters.
There is, however, an outside chance that Spotify could fall victim to their own success, having come under fire in recent years for its poor relationships with the artists on its platform. With a solid platform and considerable funding from a SPAC IPO Placement in 2022, Deezer may find itself in a position to pick up some of the windfall customers from fans dissatisfied with Spotify's response to this and other issues swirling around the giant.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
11% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Aug 2018
$168.3m
LATE VC
Jan 2016
$105.2m
SERIES E
Total funding: $512m
Company benefits
- Start-up environment and philosophy
- Highly motivated and product-focused people ready to drive innovation
- In-house Deezer Sessions with your favourite artists, gig tickets
- Hackathons & meetups
- Friday drinks, summer and winter parties
- A stocked kitchen with free drinks and snacks
- Areas to relax and collaborate with beanbags, guitars and table football
- An ‘at home’ vibe, with great outdoor spaces
- Gym access, with lunch-time yoga, pilates and thai boxing classes
- A Deezer premium family account for free
- Allowance for sports, travelling and culture
- Meal vouchers
Company HQ
Saint-Georges, Paris, France
Articles
Leadership
Jeronimo Folgueira
(CEO)Previously MD at Paddy Power Betfair, who went on to serve as CEO at Affinitas and then Spark Networks.
Salary benchmarks
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