Senior Accountant, Spotify
Podcast & Creator Monetization
$83.9-119.9k
+ Equity
2-3 days a week in office
Commercial music streaming service
Be an early applicant
Commercial music streaming service
1001+ employees
Be an early applicant
$83.9-119.9k
+ 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
- Bachelor’s degree in Accounting
- Minimum of 4 years at an accounting firm or in a similar accounting role within the tech, media, entertainment, or music industry
- Big 4 experience preferred
- Excellent time, self-management, and project management skills and ability to prioritize and multitask to meet deadlines
- Strong excel and/or google sheets skills, and be comfortable with extremely large data sets
- Comfortable working in a fast paced and constantly changing environment
- Previous experience of IFRS and/or SOX is an advantage
- Experience with payment solutions and/or mass payments is an advantage
- Experience with ERP and/or financial payment systems (Oracle, SAP, Netsuite, Coupa, Hyperwallet, Paypal, Stripe) is an advantage
- SQL skills and experience with automation is also an advantage
What the job involves
- We are looking for a highly motivated Senior Accountant to join our global Content Accounting operations team in the podcast and video space
- The selected candidate will report into the Manager of Content Accounting in New York City and will support some of the fastest growing and evolving areas at Spotify
- This person will be responsible for partnering with our Payments team
- Content organization, and Financial Engineering team to help drive scale and efficiency in our accounting and payments processes, particularly to content creators
- Apply for this role if you are a hands on & versatile team player who thrives in a fast-paced environment
- Assist with the implementation and management of payment solutions for creators; this includes new initiatives such as the recently launched Spotify Partner Program and its global expansion
- Facilitate content creator payouts workflow; ensure payments and reports are delivered consistently, accurately and on time
- Confidently manage external vendors and creators inquiries including but not limited to vendor set up, payments, and tax compliance
- Execution of monthly global content accounting close, ensuring accurate and timely results
- Preparation and/or review of monthly account reconciliations, roll forwards and flux analysis
- Work cross functionally with the Business Operations teams to establish best practices and policies around creator monetization and reporting
- Manage podcast operating expenses including variance analysis
- Collaborate crossfunctionally with AP, Invoice To Pay, Financial Engineering, Technical Accounting, Tax,Internal Audit, etc. to articulate and refine processes and procedures
- Other responsibilities include but not limited new business initiative support, ad hoc analyses and participate in special projects as assigned
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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