Senior Accountant, Spotify
General Ledger Accounting
$79.6-113.7k
+ Equity.
2-3 days a week in office
Commercial music streaming service
Open for applications
Commercial music streaming service
1001+ employees
Open for applications
$79.6-113.7k
+ Equity.
2-3 days a week in office
1001+ employees
Company mission
To unlock the potential of human creativity—by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it
Role
Who you are
- The ideal candidate will have at least four years of combined month end close experience and at a global, publicly traded organization
- Bachelor's degree in Accounting or Finance with CPA is preferred
- 4+ years accounting/finance month end close or general ledger experience with global public company; including understanding of IFRS
- And ability to do accounting research to find solutions for accounting issues
- Experience with ERP systems (Oracle/SAP/Netsuite) experience preferred
- Strong excel and/or google sheets skills, be comfortable with extremely large volumes of data
- Highly detail oriented, business process improvement skills and excellent communication skills
- Excellent time and self-management skills, ability to prioritize and multitask to meet deadlines required
- Proven ability to succeed in a fast paced and constantly changing environment a plus
What the job involves
- We are looking for a Senior Accountant to support our Global general ledger accounting operations
- The Senior Accountant of General Ledger is responsible for preparing delivery for all aspects of the general ledger processes, validation and analysis of reported results, and support of information needs across a diverse financial reporting user base
- In addition to properly accounting for the growth, this person will be expected to drive positive process change
- Execution of monthly and quarterly close, ensuring accurate results are delivered on time for reporting in accordance with IFRS
- Prepare/review journals, accounts reconciliation and fluxes
- Help lead the implementation of best practices on general ledger team to simplify, standardize and scale our business and global RTR organization
- Support external and internal audit requirements related to specific areas of responsibility and help develop/refine RTR accounting processes and procedures
- Work cross functionally with technical accounting, Finance, Legal, AP, Payroll, FP&A, Tax and various business owners on policies, processes, and help drive key system initiatives and improvements
- Mentor, teach and review the work of other supporting members of the accounting team
- Other responsibilities include but are not limited to participate in special projects, system enhancements or ad hoc analyses as assigned
Our take
Spotify was founded in an attempt to combat the rampant music piracy that was causing significant harm to the industry. The company has since taken music streaming mainstream and now has 180m+ paying subscribers across the world.
With features that include a highly accessible interface and a vast catalogue of artists, Spotify's strong brand has been able to maintain growth in spite of fierce competition from deep-pocketed rivals like Amazon and Apple. The company has achieved this by making smart acquisitions to move into other verticals to strengthen its offerings, especially podcasting, by acquiring Gimlet Media, Anchor and Parcast.
Spotify's future plans include rapid growth with a goal to become a one-stop destination for all digital sound, as well as AI and NFT integrations. However, high costs incurred from the acquisition of exclusive podcasts, increasing competitor strength, and weak bottom-line growth mean that the company must find a balance to maintain its position in the sector.
Freddie
Company Specialist
Insights
Some candidates hear
back within 2 weeks
23% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Jan 2016
$1bn
CONVERTIBLE
Jun 2015
$526m
SERIES G
Total funding: $2.1bn
Company benefits
- Extensive learning opportunities, through our dedicated team, GreenHouse
- Flexible share incentives letting you choose how you share in our success
- Global parental leave, six months off - fully paid - for all new parents
- All The Feels, our employee assistance program and self-care hub
- Flexible public holidays, swap days off according to your values and beliefs
Company values
- Innovative: We move fast and take big risks
- Sincere: We have no time for internal politics
- Passionate: We revel in what we do
- Collaborative: We recognise that we're all in this together
- Playful: We don't take ourselves too seriously
Company HQ
Norrmalm, Stockholm, Stockholms län
Articles
Leadership
Daniel Ek
(CEO & Chairman)Founded Spotify in 2006. Previously worked as an executive at Tradera, an auction company that was sold to eBay and was briefly the CEO of uTorrent.
People progressing
Joined as a Conversion Manager in the Growth Team. Promoted three times over seven years to Senior Director - Head of Growth.
Joined as a Customer Advisor. Since then has had the role titles Senior Advisor, Content Associate, Team Coach, and Operations Manager - Primary Support. Hurst is now currently the Business Operations Manager of Music.
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