Staff Accountant

Job Description

Staff Accountant | SoundCloud

The Tone:
This is a full-time role at SoundCloud, located in New York, United States. SoundCloud operates as a leading creator-first platform, empowering artists, tastemakers, and fans globally to connect and share music. Founded in 2007, the company helps 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. This Staff Accountant role is vital to the US finance function, directly supporting the music distribution, premium artist, and advertising business lines, ensuring accurate financial management and contributing to core accounting processes within the SoundCloud Group.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid New York, United States
• Pay: $70000–$75000 yearly
• Team: US finance function, collaborating with a global finance team and FP&A
• Mission: This person ensures accurate financial reporting and accounting processes for SoundCloud’s music distribution, premium artist, and advertising business lines.
• Tech Stack: MS Excel, ERP systems (Oracle Fusion would be a plus)

What You’ll Actually Do
• Closing & Reporting: Manage the complete monthly and annual closing and reporting processes specifically for the music distribution line of business.
• Revenue & AR: Take full ownership of Revenue Recognition and Accounts Receivable functions, including the reconciliation process between DSP reporting, the internal royalties system, and the general ledger.
• Advance Management: Diligently track Cash and Marketing advance payments and recoupments, accurately ensuring that all recoupable expenses are correctly associated with specific artist accounts.
• General Ledger: Maintain precise and complete General Ledger bookkeeping for all Profit & Loss and balance sheet items within your assigned respective business lines.
• Invoicing & Payments: Create and process all outgoing invoices to customers, accurately booking the receipt of associated cash, and managing the processing of record label and music publishing invoices and payments.

The Must-Haves
• Background: Entry-level professional with foundational knowledge in Accounting or Auditing. Familiarity with US GAAP and/or IFRS accounting principles is required.
• Experience: At least 1 year of professional experience in Accounting or Auditing, ideally within the Music industry.
• Skills: Strong proficiency in MS Excel; good working knowledge of ERP systems; excellent analytical capabilities; a structured approach to tasks; and strong initiative with the ability to collaborate effectively in a team environment.
• Bonus: Previous experience with Oracle Fusion ERP system.