Financial Analyst

Sony Music Entertainment; Toronto; On-site; CAD 56,000 - 60,000; Full time

Job summary

Sony Music Entertainment Canada Inc. is seeking a Finance Analyst to support the Finance team with joint venture and hybrid deal reporting, account reconciliations, physical sales reporting, and month-end activities in a 4-days-a-week onsite role in Liberty Village, Toronto.

The role emphasizes accurate partner reporting, documenting supporting schedules, and escalating issues to the Senior Manager, Finance. A CPA path or designation is considered an asset.

Qualifications

• 2-4 years of experience in accounting, financial reporting, reconciliations, or financial analysis.
• Bachelor’s degree in accounting, finance, commerce, business administration, or related field.
• CPA designation, active progress towards CPA, or active pursuit of another internationally recognized accounting designation is an asset.
• Advanced Excel skills and ability to analyze large volumes of financial data.
• Experience with SAP or other ERP systems is an asset.
• Experience in the media, music, entertainment, or content distribution industry is an asset.

Responsibilities

• Prepare third-party label reporting, statements, and supporting schedules in accordance with contractual agreements.
• Monitor reporting and filing deadlines to ensure timely, accurate submissions and compliance with agreement requirements.
• Prepare journal entries, recurring billing and allocation schedules, and support month-end close activities.
• Perform monthly account reconciliations, investigate variances, and resolve outstanding reconciling items.
• Maintain complete and accurate supporting documentation for audit, compliance, and review purposes.
• Produce recurring sales, product mix, and financial reporting to support business planning and accounting processes.
• Generate periodic reports using finance systems and provide ad hoc analysis and reporting support to Finance leadership.
• Prepare and submit indirect tax filings, supporting reconciliations, and corporate tax reporting schedules.
• Support statutory reporting requirements and maintain documentation related to filing obligations, assumptions, exceptions, and supporting evidence.
• Analyze financial and operational data to identify trends, variances, and opportunities for process improvement.

Skills

Analytical thinking

Problem solving

Communication skills

Organizational skills

Attention to detail

Education

Bachelor’s degree in accounting/finance

CPA designation (asset)

Other accounting designation asset (ACCA/ACA/CA/CMA)

Tools

Advanced Excel

SAP

Job description

At Sony Music Entertainment Canada Inc., we fuel the creative journey. We have played a pioneering role in music history, from the first-ever music label to the invention of the flat disc record. We have nurtured some of music’s most iconic artists and produced some of the most influential recordings of all time. Today, we work in more than 60 countries, supporting a diverse roster of international superstars, developing and independent artists, and visionary creators. From our position at the intersection of music, entertainment, and technology, we bring imagination and expertise to the newest products and platforms, embrace new business models, employ breakthrough tools, and provide powerful insights that help our artists push creative boundaries and reach new audiences. In everything we do, we are committed to artistic integrity, transparency, and entrepreneurship. Sony Music Entertainment Canada Inc. is a member of the Sony family of global companies.

Reports to: Senior Manager, Finance

Work Location: Liberty Village, Toronto

Salary Grade: 29

Salary Range: $56,000 to 60,000 CAD

Job Type: Full Time, Permanent

Work Arrangement: At least four (4) days/week onsite, 37.5 hours a week

The Finance Analyst supports the Finance team through joint venture and hybrid deal reporting, account reconciliations, physical sales reporting, month-end support, tax fillings and recurring financial analyses. The role is responsible for accurate and timely preparation of partner reporting, supporting schedules, and reconciliations, while maintaining clear documentation and escalating irregular items to the Senior Manager, Finance.

The Role

The Finance Analyst will:

• Prepare third-party label reporting, statements, and supporting schedules in accordance with contractual agreements.
• Monitor reporting and filing deadlines to ensure timely, accurate submissions and compliance with agreement requirements.
• Prepare journal entries, recurring billing and allocation schedules, and support month-end close activities.
• Perform monthly account reconciliations, investigate variances, and resolve outstanding reconciling items.
• Maintain complete and accurate supporting documentation for audit, compliance, and review purposes.
• Produce recurring sales, product mix, and financial reporting to support business planning and accounting processes.
• Generate periodic reports using finance systems and provide ad hoc analysis and reporting support to Finance leadership.
• Prepare and submit indirect tax filings, supporting reconciliations, and corporate tax reporting schedules.
• Support statutory reporting requirements and maintain documentation related to filing obligations, assumptions, exceptions, and supporting evidence.
• Analyze financial and operational data to identify trends, variances, and opportunities for process improvement.

Qualifications:

• 2-4 years of experience in accounting, financial reporting, reconciliations, or financial analysis
• Bachelor’s degree in accounting, finance, commerce, business administration, or related field
• CPA designation, active progress towards CPA, or active pursuit of another internationally recognized accounting designation such as ACCA, ACA, CA, CMA, or an equivalent designation is an asset.
• Advanced Excel skills and ability to analyze large volumes of financial data.
• Strong analytical, problem-solving, and organizational skills with the ability to manage competing priorities and meet recurring deadlines.
• High attention to detail and accuracy when working independently.
• Strong communication skills with the ability to present financial information clearly to a variety of stakeholders.
• Experience with SAP or other ERP systems is an asset.
• Experience with joint ventures, distribution arrangements and royalty accounting is an asset.
• Experience in the media, music, entertainment, or content distribution industry is an asset.

What We Give You:

• You join a vibrant global community with the opportunity to channel your passion every day
• A modern office environment designed for you, empowering you to bring your best
• 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
• We give you the platform to champion positive change, with the opportunity to contribute to our social impact, diversity, equity, and inclusion initiatives

Sony Music Entertainment Canada Inc., is committed to Employment Equity and maintaining a diverse workforce. Job applicants with a disability who require reasonable accommodation for any part of the application or hiring process can contact our People Experience team. Reasonable accommodation will be determined on a case-by-case basis and your request will be responded to as soon as possible.