Senior Financial Analyst, Film & TV - Sony Music Vision at Sony Music Entertainment

Culver City, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Entertainment, Music, Film, TelevisionIndustries

Requirements

Bachelor’s degree in Accounting; Big 4 or CPA preferred
3-5 years of progressive finance and accounting experience, ideally with experience in the entertainment or media industry
Requires strong Excel skills, experience with SAP/BW a plus
Strong understanding of financial modeling, budgeting, and forecasting
Experience working in a fast-paced or entrepreneurial environment preferred
Detail-oriented with excellent analytical and organizational skills
Effective communicator and collaborator across departments and levels
Proactive, adaptable, and comfortable managing multiple priorities

Responsibilities

Prepare journal entries, reconcile accounts, and support labels with revenue recognition and film cost amortization processes
Coordinate monthly close activities in collaboration with shared services and label finance teams
Own the preparation and refinement of the monthly reporting package for both Film&TV and Soundtracks, providing in-depth analysis of budget-to-actual variances and tracking critical KPIs to support business performance monitoring
Drive core FP&A activities, including annual budgeting, monthly performance reporting, and quarterly reforecasting cycles
Assist in preparing presentations and reports for executive leadership meetings
Partner cross-functionally with label finance teams to ensure forecasting accuracy and data integrity between planned and actual results
Collaborate with the sales organization to develop and maintain advanced dashboards analyzing digital sales performance across key platforms
Provide actionable insights to senior leadership to drive strategic decisions around content investment and release strategies
Support management team and department heads with ad hoc analysis and reporting
Partner with Legal and Sales teams to assess contractual terms and ensure billing readiness license agreements, aligning invoicing timelines with deal execution and compliance requirements
Analyze and reconcile revenue data from incoming statements provided by sales agents and sub-distributor partners, ensuring accurate and timely revenue recognition
Collaborate with the Order-to-Cash (OTC) team to manage the accounts receivable ledger, proactively identifying and resolving outstanding payment issues to optimize cash flow
Work with Royalty and Joint Venture Accounting teams to prepare participations and residuals reporting
Assist in maintaining accurate participations and residuals liabilities

Skills

Journal Entries

Account Reconciliation

Revenue Recognition

Film Cost Amortization

Monthly Close

Budget-to-Actual Variance Analysis

KPI Tracking

FP&A

Annual Budgeting

Quarterly Forecasting

Executive Presentations

Data Analytics

Advanced Dashboards

Sony Music Entertainment

Global music company managing artists and royalties

About Sony Music Entertainment

Sony Music Entertainment is a major player in the music industry, offering a wide range of services to artists and music fans. The company focuses on discovering and promoting musical talent while managing music rights and royalties. It generates revenue through music sales, including physical albums, digital downloads, and streaming, as well as licensing deals for use in films and commercials. Live performances and tours also contribute to its income, along with managing artists' royalties to ensure fair compensation. A key feature is the Artist Portal, which provides artists with tools to analyze their earnings and make informed decisions about their careers. Sony Music is dedicated to nurturing new talent through internships and career opportunities, ensuring a pipeline of future industry leaders. Overall, Sony Music Entertainment stands out for its comprehensive approach to talent management, music production, and financial transparency.

New York City, New YorkHeadquarters

1929Year Founded

GROWTH_EQUITY_NON_VCCompany Stage

Consumer Software, EntertainmentIndustries

5,001-10,000Employees

Benefits

You join an inclusive, collaborative and global community where you have the opportunity to fuel the creative journey

A modern office environment designed to foster productivity, creativity, and teamwork

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

We invest in your professional growth & development

Time off for a winter recess

Risks

AI-generated music could disrupt traditional music production and artist management.

Independent distribution platforms may reduce artists signing with major labels like Sony.

Legal battles over streaming royalties could impact Sony Music's revenue.

Differentiation

Sony Music's Artist Portal offers unique financial insights for artists' careers.

The acquisition of Cobalt Music expands Sony's influence in the Greek music market.

Sony Music's Global People Promise initiative integrates music with technology and culture.

Upsides

Collaboration with Duolingo opens new revenue streams in educational platforms.

Investment in blockchain enhances digital rights management and monetization opportunities.

Restructuring in GSA markets leads to efficient operations and innovative strategies.

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