Director, Finance - New York - The Orchard

    The Orchard
    The Orchard New York

    1 week ago

    Description
    About The Orchard
    The Orchard is a leading full-service music distribution company operating in 48 markets worldwide and servicing top global independent artists and labels. With cutting-edge operations and an unparalleled global team, The Orchard partners with clients to provide full scale solutions across a variety of verticals. Championed by an exceptional community of music lovers and experts, The Orchard empowers creators to grow and evolve in the dynamic, global industry.
    The Orchard focuses on providing a comfortable, social, and engaging environment to encourage productivity and creativity.
    As Director, Finance & Accounting, you will play a key role in providing key accounting, reporting, and analytical support across the company's various labels. This role combines financial analysis with technical accounting to ensure accurate and timely financial reporting, helping management make strategic business decisions.
    What You'll Do
    • Financial Reporting & Analysis:
      • Collaborate with finance teams of priority labels to review and understand monthly financial reporting results, including new deals, investments, acquisitions, and significant P&L fluctuations against forecasts, budgets, and historical data.
      • Support Sony Music Global Finance with reporting and financial analysis requests related to label activities (touring, merchandise sales, publishing, etc.).
      • Prepare P&L commentaries and present monthly results to the team and management.
    • Accounting Process & Compliance:
      • Collaborate with labels' finance teams to understand their daily accounting processes and policies. Identify areas for improvement and ensure alignment with IFRS and Orchard/Sony Music policies.
      • Review contracts to identify factors impacting accounting treatments (e.g., principal vs. agent, revenue sources for artist royalty recoupment, contingent vs. non-contingent commitments).
      • Participate in the month-end close process by recording labels' monthly financial results in the Orchard ERP system, including management adjustments to comply with IFRS and Orchard/Sony Music accounting policies.
      • Prepare journal entries, balance sheet reconciliations, and balance sheet disclosure schedules.
    • Integration:
      • Participate in new integration efforts for newly acquired companies and/or investments requiring financial consolidation accounting treatments.
    • Work Environment:
      • This is an office-first role, requiring 4 days a week in the office.
      • Monthly travel to meet with labels' finance teams is required.
    Who You Are
    • Bachelor's degree in accounting with 5-7 years of experience in financial accounting, audit, and internal controls. CPA preferred.
    • Strong proficiency in MS Excel, including the ability to write complex formulas (intermediate to advanced level).
    • Proficiency in SAP and Quickbooks required.
    • Professional working proficiency in Spanish is preferred but not required, as the role involves reading Spanish contracts and collaborating with the label finance team.
    • An excellent communicator and enthusiastic collaborator who works well with team members, external partners, and management
    • You are open minded with a passion for learning. You are curious, ask questions and get excited about new projects.
    • A thoughtful, organized and results-oriented professional
    • You are thorough and thoughtful in your approach to problem solving
    • Able to adapt quickly to a changing environment with minimal disruption
    What We Give You
    • You join an inclusive, collaborative and global community where you have the opportunity to channel your passion every day
    • A modern office environment designed to foster productivity, creativity, and teamwork empowering you to bring your best
    • Opportunities to connect with our valuable resources, such as our Counsel of Equity & Progressive Action (CEPA), a group created by our employees tasked with developing and implementing innovative solutions to advance a globally-shared goal of ensuring fair and inclusive spaces for all
    • An attractive and comprehensive benefits package including medical, dental, vision, life & disability coverage, and 401K + employer matching
    • Voluntary benefits like company-paid identity theft protection and resources for pets, mental health and meditation resources, industry-leading fertility coverage, fully paid leave for childbirth or bonding, fully paid leave for caregivers, programs for loved ones with developmental disabilities and neurodiversity, subsidized back-up child and elder care, and reimbursement for adoption, surrogacy, tuition, and student loans
    • Investment in your professional growth and development enabling you to thrive in our vibrant community.
    • The space to accelerate progress, positively disrupt, and create what happens next
    • Time off for a winter recess
    The Orchard is committed to providing equal employment opportunity for all persons regardless of age, disability, national origin, race, color, religion, sex, sexual orientation, gender, gender identity or expression, pregnancy, veteran or military status, marital and civil partnership/union status, alienage or citizenship status, creed, genetic information or any other status protected by applicable federal, state, or local law.
    The anticipated annual base salary does not include any other compensation components or other benefits that an individual may be eligible for. The actual base salary offered depends on a variety of factors, which may include as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.
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