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Staff Accountant

New York City, NY | Full Time

Job Description

Downtown Music Holdings (Downtown℠) is the leading global music services company. We help millions of creators, rights holders and their partners to manage their music as a business and get paid fairly for their work. We service more than 23 million music assets from more than 145 countries across six continents, including some of the world’s most well-known songs, from a catalog that spans 100 years of popular music, including music for film and television, and the single largest independent sound recording catalog in the industry. Our integrated platforms help democratize global music rights management and simplify the distribution, monetization, and promotion of creative works. Working with creators at every stage of their career, from emerging songwriters to iconic performers, our business model drives equity across the entire global music industry supply chain.

As a Staff Accountant on our finance team in our New York office, you'll do everything from preparing royalty distributions for our clients to assisting in monthly close. You’ll be responsible for sending out daily reporting to various company stakeholders and will be expected to create and improve upon efficient processes. Additionally, you'll have the opportunity to work closely with our royalties team and will work with the finance team to complete ad hoc requests.

You'll report to our Manager of Accounting Operations and will work closely with the rest of the Finance team.

We are looking for someone who is eager, inquisitive, and willing to learn about accounting in a unique and exciting industry. You should be interested in our industry and have a desire to learn about accounting for music publishing and distribution.

What you'll do: 

  • Reconcile daily bank transaction to individual business within our accounting system
  • Prepare daily deposit report for distribution to various company stakeholders
  • Reconcile the receipt and communication of royalty revenues to our royalties team
  • Complete various monthly close activities and prepare journal entries including monthly prepaid amortization, monthly revenue accruals, and various other close activities
  • Work closely with the royalty team to reconcile the accounting records to the royalty tracking system
  • Build monthly cash receipts reports for individual businesses to distribute to the appropriate internal stakeholders
  • Deposit physical checks and record appropriately in our accounting system
  • Create efficient processes around various accounting areas

You are / have: 

  • Bachelor’s Degree in Accounting, Finance, and Business or relevant prior accounting experience
  • 1 years of experience working in accounting operations
  • Intermediate to advance Excel skills (i.e. vlookup, index match, boolean functions, pivot tables)
  • Comfortable coming into the office and working with the NYC team 2 days a week
  • Numerically obsessed, highly meticulous, and organized
  • Excited to provide support to our Finance team through various ad-hoc financial reports and special projects
  • Can communicate financial information in a clear, professional manner

Why you want to work here: 

  • Ample opportunities to work collaboratively across our various brands and subsidiaries
  • Work​ ​in​ ​a​ ​collaborative environment​ ​full​ ​of​​ mission driven, innovative, and passionate people
  • Be part of an open, welcoming, and inclusive culture 
  • Rich benefit program (Medical, Dental, Vision), Life Insurance, 401k (with match)
  • Free CitiBike Membership (NYC Only)
  • Paid Volunteer Hours

Ensuring a diverse and inclusive workplace where we learn from each other is core to Downtown's values. We welcome and encourage all applicants of different backgrounds, experiences, abilities and perspectives to apply.

Company Overview

  • Website
  • Headquarters NEW YORK, NY
  • Size 100 - 200
  • Founded 2008
  • Type
  • Revenue <$5M
  • Industry Media
  • About downtown music
  • Downtown Music Publishing operates in service of extraordinary songs, representing nearly 100 years of popular music. Downtown is the preferred music publishing partner for some of the world's most beloved songwriters, storied music catalogs, and emerging artists at the forefront of pop culture. Downtown Music Publishing is wholly owned by Downtown Music Holdings, which also owns New York-based Downtown Music Studios and Songtrust ' the world's largest technology platform for songwriting and music publishing royalties, that powers global royalty collection from over 120 territories and more th ... an 20,000 unique income sources worldwide. More

Skills for Staff Accountant

The job skills required for Staff Accountant include Accounting, Accounting Systems etc. Having related job skills and expertise will give you an advantage when applying to be a Staff Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Staff Accountant. Select any job title you are interested in and start to search job requirements.

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