Accounts Payable Specialist, Spotify

Analyst

$64.5-92.2k

+ equity

NetSuite

Oracle

SAP

Junior and Mid level

New York

2-3 days a week in office

Commercial music streaming service

Be an early applicant

Commercial music streaming service

1001+ employees

B2CMusicEntertainmentDigital MediaSaaSMobile

Be an early applicant

$64.5-92.2k

+ equity

NetSuite

Oracle

SAP

Junior and Mid level

New York

2-3 days a week in office

1001+ employees

B2CMusicEntertainmentDigital MediaSaaSMobile

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

Job

Company

Role

Who you are

Bachelor’s degree in Accounting
2+ years experience in accounts payable or a similar financial role
Strong attention to detail and accuracy
Comfortable working in a fast paced environment
Excellent organizational and time management skills
Strong communication skills, both written and verbal
Ability to work independently and as part of a team
Experience with ERP and/or financial payment systems (Oracle, SAP, NetSuite, Coupa) is an advantage

What the job involves

We are looking for a highly motivated and detail-oriented Staff Accountant to join our team. The selected candidate will report into the Manager of North America, Accounts Payable in New York City and will support various teams across Spotify
This person will be responsible for maintaining the integrity of our financial records, providing valuable insights, and driving process improvements
The ideal candidate will possess experience in completing transactions related to vendor payments, ensuring accurate and timely payment of invoices and establishing and maintaining strong positive relationships with our key stakeholders and vendors
Oversee the payment process to vendors while adhering to payment terms and deadlines
Maintaining accurate and organized records of invoice payments
Investigate and resolve discrepancies or issues related to invoices or payments
Maintain positive relationships with vendors and stakeholders addressing any issues that may arise
Assist with month-end closing activities related to accounts payable
Prepare and generate reports on accounts payable activities
Work cross functionally with various stakeholders such as Source to Pay, Content, Marketing, Tax to establish and refine processes and procedures
Other responsibilities include but not limited to new business initiative support, ad hoc analysis and participate in 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

Top investors

23% employee growth in 12 months

Glassdoor (4)

Trustpilot (1.7)

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 HQ

Norrmalm, Stockholm, Stockholms län

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.

Salary benchmarks

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