Financial Analyst

The GRAMMY Museum; Los Angeles (CA); Hybrid; USD 73,000 - 81,000; Full time

Benefits offered by this job

Benefits package

Job summary

The GRAMMY Museum is seeking a Financial Analyst in a hybrid role based in Los Angeles. The successful candidate will ensure GAAP-compliant financial data entry, provide timely reporting, and support department projects.

You will participate in monthly closes, develop performance metrics with department heads, and prepare KPI reports for senior management. Responsibilities include reviewing revenue contracts, assisting with cash forecasting, budgeting, audits, and tax returns, while delivering

Qualifications

• Bachelor’s degree in accounting, finance, economics or related business field.
• 5+ years of general accounting experience.
• 3+ years of financial reporting experience.
• Strong knowledge of GAAP and internal controls.
• Proficient Excel and data analysis abilities.
• Knowledge of Financial Edge or similar accounting system.

Responsibilities

• Participate in monthly close with emphasis on revenue areas.
• Develop and track performance metrics with department heads.
• Prepare monthly KPI revenue report and present results.
• Review revenue contracts for compliance with policies.
• Provide reports to management upon request.
• Assist with monthly and annual close.
• Assist with cash forecasting and tax filings.
• Assist with annual audit & tax return preparation.
• Prepare and record journal entries.
• Assist with budget and forecasting.

Skills

Verbal and written communication

Attention to detail

Administrative skills

Multi-tasking under deadlines

Customer service mindset

Education

Bachelor’s degree in accounting, finance, economics or related business field

Tools

Excel

Financial Edge

Data analytics software

Job description

This is a hybrid position requiring one day a month and as needed in office at the GRAMMY Museum in downtown Los Angeles. Also open to applicants who reside in the New York area.

WHO WE’RE LOOKING FOR

The Financial Analyst will be responsible for ensuring that all financial transactions are entered into the financial system accurately, adhering to the Generally Accepted Accounting Principles (GAAP). Additionally, you will provide accurate, timely financial reporting and analysis to senior management. As a member of the GRAMMY Museum’s Finance team, you will also provide support for various department projects and initiatives.

WHAT YOU’LL DO

• Participate in monthly close with emphasis on revenue areas.
• Work with department heads to develop, adjust and track performance metrics.
• Prepare monthly KPI revenue report and present results to the organization.
• Assist in reviewing revenue contracts for completeness and compliance with revenue acceptance policies.
• Provide customer service to various departments and affiliated entities as it relates to accounting and finance matters.
• Provide various reports to management upon request.
• Assist with performance of monthly and annual close.
• Ensure effective communication with all customers, clients, and vendors, both internally and externally.
• Ensure incoming revenue is recorded in compliance with policies and procedures, i.e., internal and GAAP.
• Assist with cash forecasting.
• Assist in ensuring compliance of state and local tax reporting, including property tax filings, sales and use tax filings, and annual reports.
• Prepare and record journal entries.
• Assist with annual audit & tax return preparation.
• Assist with preparation of annual budget and mid-year forecasting.
• Additional duties as assigned.

SKILLS & EXPERIENCE

• Bachelor’s degree in accounting, finance, economics or related business field.
• 5+ years of general accounting experience.
• 3+ years of demonstrated financial reporting expertise.
• Comprehensive knowledge of generally accepted accounting principles and procedures.
• Excellent Microsoft Office skills, especially in Excel.
• Familiarity of data analytics software(s).
• Knowledge of Financial Edge or similar accounting system.
• Strong verbal and written communication skills including interpersonal and a customer service mindset.
• Attention to detail with a high degree of accuracy, thoroughness, and organization.
• Strong administrative skills with the ability to multi-task and work under pressure of tight deadlines.

PHYSICAL DEMANDS FOR CERTAN ROLES

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally required to stand, walk, and sit for long periods of time, and work at a computer for long periods of time.

The employee will be required to lift and/or move up to 60 pounds.

SALARY AND BENEFITS

The starting salary for this position is $73,400 to $81,100 per year, benchmarked against industry standards. Salaries for positions required to be in specific geographic locations reflect the corresponding labor market. The actual offer extended will depend on the candidate's experience, qualifications, and the role's requirements. Positions working 20+ hours per week also receive our comprehensive benefits package (with medical, dental, and vision coverage, a 401k match, generous paid time off, and more). Click here for an overview of our company benefits. Explore our career opportunities to join a team that values creativity, innovation, and diversity.

ABOUT THE RECORDING ACADEMY AND ITS AFFILIATES

GRAMMY MUSEUM

The GRAMMY Museum is a nonprofit organ