Position Description
Title: Financial Analyst
Department: Financial Planning & Analysis
Reports To: FP&A Manager
Supervisory Role: No
FLSA Status: Exempt
Location: Washington, DC (hybrid)
Company
SoundExchange is the premier music tech organization on a mission to power the future of music. It was independently formed in 2003 to build a fairer, simpler, and more efficient music industry through technology, data, and advocacy. The only organization designated by the U.S. government to administer the Section 114 sound recording license, SoundExchange collects and distributes digital performance royalties on behalf of 650,000 music creators and growing. Through proprietary music tech solutions that turn data into accurate revenue, SoundExchange has paid more than $9 billion in distributions to date.
Position Summary
This role will support the Financial Planning and Analysis presence throughout the organization. The individual in this role will work closely with business/functional leaders to ensure that optimal financial performance is achieved. This person will report to the FP&A Manager. This is an excellent opportunity to leverage industry experience to make an impact on a growing organization.
The position requires a hands-on financial professional capable of managing multiple priorities in a dynamic and fluid organization environment. The individual must have excellent interpersonal and communication skills and must be able to work effectively across organizational and functional boundaries. They must be highly organized, attentive to detail and comfortable at working in situations where the data is uncertain or ambiguous. The successful candidate will adapt quickly to change and work well within a team environment.
Essential Functions
- Financial reporting and analysis relating to royalty collections, related distributions, and company expenses
- Analyze and maintain monthly financial reporting using BI360, Solver, and Excel
- Provide monthly variance reports which highlight key drivers and cause of change
- Deliver accurate and timely financial analysis on a monthly, quarterly and annual basis
- Participate in the development of mid-year outlook and annual budget
- Provide relevant analytics and always be prepared to answer any questions that come up
- Participate in the development of budget presentation for senior management and the board
- Manage multiple priorities while meeting tight deadlines
- Work closely with Accounting and Business partners to understand variances between actuals, budget and forecast
- Support process to deliver quarterly forecasts, annual operating plan, and long-term strategic plan
- Complete various special projects / assignments as required
Required Knowledge, Skills, Abilities (KSAs)
- Proficiency in Microsoft Excel (Focus on the use of advanced features of spreadsheets)
- PowerPoint presentation skills
- MS Word
- Solver
Required Education, Certifications/ Licenses, Related Experience
- 4 to 7 years of relevant financial planning and analysis experience
- Bachelor’s degree in Accounting, Finance or a relevant degree, or equivalent experience
- High performer with potential for future increasing responsibility
- High level of integrity and dependability with a strong sense of urgency
- Analytical and detail-oriented with strong knowledge operational accounting, budgeting, and projections
- Self-starter with an entrepreneurial spirit and the ability to work independently
- Knowledge of BI360, Solver and Great Plains is a plus
ADA Specifications
- This position requires the ability to remain in a stationary position (seated) more than half the time
- The person in this position may need to move about the corporate office less than half the time
- The person in this role must be able to position him/herself (ex: kneel, crawl, crouch down) to fulfill the essential functions of the role less than half the time
- The person in this position must be able to maneuver (lift, move, carry, slide, etc.) less than 15 lbs.
- This position requires the ability to spend more than half the time viewing computer monitors
- The person in this position must be able to identify and distinguish between colors less than half the time
Travel Requirements
- This position has no travel requirements
DEI Statement
At SoundExchange, we empower creators and help share the future of music. One way we do this is by respecting diverse voices, varied perspectives, and distinct backgrounds of all of our team members. We are intentional in creating an inclusive culture where we recognize that equity is greater than equality and all employees have the opportunities and support needed to thrive. We strive to create teams that reflect the music community we serve – every individual’s unique attributes and abilities are valued, and are part of how we innovate, create, and deliver experiences to the creators we champion.
Contact
To apply, please send a cover letter and résumé to [email protected].
Note: The above statements are intended to describe the general nature and level of work being performed by the individual(s) assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required. Management reserves the right to modify, add, or remove duties and to assign other duties as necessary.