Staff Accountant

SoundCloud; New York (NY); Hybrid; USD 70,000 - 75,000; Full time

Benefits offered by this job

Comprehensive health benefits

Robust 401k program

Employee Equity Plan

Professional development allowance

Creativity and Wellness benefit

Up to 35 days PTO annually

16 paid weeks parental leave

Snacks and 2 free lunches weekly

Job summary

SoundCloud in New York is seeking a Staff Accountant to support our finance team across multiple lines of business. You will handle month-end close, revenue recognition, AR, and GL duties while coordinating with global teams to streamline processes.

You will work closely with stakeholders, ensuring accuracy in financial reporting and contributing to process improvements in a dynamic environment.

Qualifications

• 1+ year of experience in Accounting or Auditing, preferably in the music industry.
• Strong MS Excel skills and working knowledge of ERP systems (Oracle Fusion a plus).
• Knowledge of US GAAP and/or IFRS.
• Able to thrive in a fast-paced, results-driven environment with initiative.

Responsibilities

• Manage monthly and annual closing and reporting for the distribution line of business.
• Own Revenue Recognition and Accounts Receivable, including reconciliation with DSP reporting, royalties system, and GL.
• Perform monthly reconciliations of all accounts for your lines.
• Track cash and marketing advances and recoups, ensuring expenses are linked to artist accounts.
• Maintain General Ledger accuracy for P&L and balance sheet items.
• Create and process outgoing invoices and record cash receipts.
• Process label and music publishing invoices and payments.
• Collaborate with FP&A and partner with other teams on accounting projects.

Skills

Accounting basics

MS Excel

US GAAP knowledge

IFRS knowledge

Tools

Oracle Fusion

Job description

SoundCloud empowers artists, tastemakers and fans to connect and share through music. Founded in 2007, SoundCloud is a creator-first platform helping artists build and grow their careers by providing them with the most advanced tools, services, and resources. With over 4x the music catalog of every other major streaming platform, spanning 40+ million artists across 190+ countries, SoundCloud is where emerging artists find their sound, hidden gems are discovered, and music culture is shaped in real time. SoundCloud is looking for a Staff Accountant with a passion for numbers to join our great finance team in New York! In this role, you will be part of a dynamic Finance team distributed across our offices in the US and Berlin. The position will focus on supporting our music distribution, premium artist, and advertising business lines. You will work closely with stakeholders across multiple lines of business and global teams, contributing your skills to core finance-related processes and projects within the SoundCloud Group. As part of our US finance function, you will collaborate closely with team members in Berlin while taking ownership of your day-to-day responsibilities. Experienced colleagues are dedicated to sharing their knowledge to help you thrive, grow your skill set, and expand your impact. Following an initial onboarding phase, you will have the opportunity to help streamline and elevate our accounting processes as our business continues to evolve.

Key Responsibilities

• Manage monthly & annual closing and reporting for the distribution line of business
• Own Revenue Recognition and Accounts Receivable, including the reconciliation process between DSP reporting, our royalties system, and the general ledger
• Execute monthly reconciliations of all accounts associated with your respective business lines
• Track Cash and Marketing advance payments and recoupments, including ensuring that all recoupable expenses are accurately associated with an artist account
• Maintain General Ledger bookkeeping, ensuring accuracy and completeness for all P&L and balance sheet items within your respective business line
• Creating and processing outgoing invoices to customers and booking the receipt of associated cash
• Processing record label and music publishing invoices and payments
• Partnering with our FP&A department
• Collaboration with other teams on accounting matters/projects, acting as a proactive business partner

Experience And Background

• 1+ year of experience in Accounting or Auditing, preferably in the Music industry
• Strong skills in MS Excel and good knowledge in the use of ERP systems (Oracle Fusion would be a plus)
• Knowledge of US GAAP and/or IFRS
• Comfortable working in a fast-paced and ambitious work environment in which colleagues are measured by outputs and not formalities
• Excellent analytical skills and a structured approach to work are as much a part of your personality as your ability to work in a team and your strong sense of initiative

The salary range for this role is $70,000 - $75,000 annually. The final salary offered will be determined based on relative experience, skills, internal equity, and location. We also offer a generous total rewards program - read more about additional benefits and perks below!

About Us

• We are a multinational company with offices in the US (New York and Los Angeles), Germany (Berlin), and the UK (London)
• We provide a flexible work culture that offers the opportunity to collaborate and connect in person at our offices as well as accommodating work from home
• We are deeply committed to ensuring diversity, equity and inclusion at all levels of our organization and fostering a community where everyone’s voice, perspective and experience is respected and heard
• We believe a strong team is made by investing in employees through mentorship, workshops and enrichment opportunities

Benefits

• Comprehensive health benefits, including medical, dental, and vision plans, as well as mental health resources
• Robust 401k program
• Employee Equity Plan
• Generous professional development allowance
• Interested in a gym membership, photography course, or book? We have a Creativity and Wellness benefit!
• Flexible vacation and public holiday policy, where you can take up to 35 days of PTO annually
• 16 paid weeks for all parents (birthing and non-birthing), regardless of gender, to welcome newborns, adopted, and foster children
• Various snacks, goodies, and 2 free lunches weekly when at the office

Diversity, Equity, and Inclusion at SoundCloud

SoundCloud is for everyone. Diversity and open expression are fundamental to our organization; they help us lead what’s next in music by understanding and empowering our creators and fans, no matter their identity. We acknowledge the challenges in the music industry, and strive to influence an inclusive culture where everyone can contribute respectfully and thrive, especially the historically marginalized communities that many of our creators, fans, and SoundClouders identify with. We are dedicated to creating an inclusive environment at SoundCloud for everyone, regardless of gender identity, sexual orientation, race, ethnicity, migration background, national origin, age, disability status, or care-giver status.

At SoundCloud, you can find your community or elevate your allyship by joining a Diversity Resource Group. Diversity Resource Groups are employee-organized groups focused on supporting and promoting the interests of a particular underrepresented community in order to build a more inclusive culture at SoundCloud. Anyone can join, whether you share the identity or strive to be an ally.