Job Description: Financial Controller at Wise Music
Location: New York, NY
Company: Wise Music
Overview
Wise Music, an independent international music publishing company, is seeking a highly motivated, detail orientated, Financial Controller to join our team in New York, NY.
This role offers a unique opportunity for a candidate with an excellent educational background and a passion for accounting to grow within our organization. We are looking for someone with the potential to advance ultimately to a management level position. This role will be responsible for managing the day-to-day accounting operations, financial operations, financial reporting, and operational compliance of the department.
Key Responsibilities
- Prepare and analyze financial statements for all companies in the Group, including the balance sheet, income statement, and cash flow statement for banking and certified statements.
- Create consolidated Excel trial balance for preparation of quarterly financial statements for bank, working with CFO to prepare these statements and cash flow.
- Prepare monthly flash reports from consolidated budget numbers, prior year totals, and current monthly income and expense for each company.
- Update flash reports for any changes to create final consolidated Operating Statements.
- Analyze actual and budget variances on flash reports and create financial forecasts, monitoring performance against budgets and identifying variances.
- Prepare annual budget financials by combining department and subsidiary budgets in consolidation worksheet.
- Provide auditors with schedules, documents, and answers to questions about past year transactions and changes. Ensure compliance with internal controls and regulatory requirements.
- Manage and report on royalty payments, ensuring accurate calculation and distribution to artists, producers, and other stakeholders.
- Prepare local tax filings.
- Work with CFO to prepare year-end financial statements and notes.
- Identify and implement process improvements to enhance the efficiency and effectiveness of financial operations.
Qualifications
- Education: Bachelor’s degree in Accounting or Finance. CPA certification preferred.
- Experience: Minimum of 2-5 years of experience in accounting or finance, preferably in the music or entertainment industry.
- Experience as a senior accountant.
- Comprehensive understanding of Generally Accepted Accounting Principles (GAAP)
Skills
- Proficient in Oracle NetSuite and Excel.
- Strong analytical and problem-solving skills.
- High level of accuracy and attention to detail in all aspects of work.
- Excellent verbal and written communication skills.
- Ability to work effectively within a team and independently.
Benefits
- Pension plan/401(k).
- Comprehensive health insurance & dental.
- Paid time off and holidays.
- Opportunity for growth and professional development.
Wise Music/G. Schirmer Inc. is an equal opportunity employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and existing employees without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, citizenship status, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, or any protected category prohibited by local, state or federal laws.
