Avp, Finance

Job Description

Serves as a key liaison between the Finance department and various functional department leaders. Provides financial insights, analysis, and decision support to drive business performance and growth.

LOCATION
New York, NY office. BMI team members are expected to adhere to a hybrid in-office schedule, which includes at least three (3) days a week on-site at the office.

FUNCTIONS OF THE JOB
Essential Functions: which may be representative but not all inclusive of those commonly associated with this position.

Finance and FP&A Responsibilities
• Partners with business units to develop and manage budgets, forecasts, and long-term financial plans.
• Serves as the primary financial advisor for assigned business units, translating complex financial concepts into actionable insights with non-financial leaders.
• Assists in the preparation of presentations for executive leadership and board meetings. Prepares and presents monthly, quarterly, and annual financial reports to executive leadership.
• Analyzes financial performance, identifies trends, and provides actionable recommendations to optimize business outcomes and identify any risks and opportunities.
• Acts as a trusted advisor to department heads, providing financial guidance and support for strategic initiatives, investments, cost-saving initiatives and helps drive financial accountability as a partner.
• Develops business cases for projects, partnerships, and investments, and tracks performance against business cases.
• Monitors key performance indicators (KPIs) and provides insights to drive operational efficiency, profitability and design and implements financial analytics frameworks to measure business performance.
• Implements and optimizes processes to enhance operational performance in line with strategic initiatives.
• Fosters effective partnership and collaboration between operations, finance, and other stakeholders.
• Leads special projects related to process improvement and financial optimization.
• Supports the development of annual budgets and forecasts.
• Assists department leaders with budget submissions and forecasts.

Additional Responsibilities

Treasury Activities
• Assists with debt indenture reporting, cash management, and liquidity optimization.
• Provides support for cash flow forecasting and analysis.

Business Planning
• Supports the development of annual budgets and forecasts.
• Assists department leaders with budget submissions and forecasts.

Business/Strategic Analysis
• Maintains knowledge of current industry trends relevant to BMI's business and uses current technology/tools to enhance the effectiveness of deliverables and services.
• Assists in evaluating capital expenditure requests as requested.
• Completes ad hoc reports and analysis as requested.
• Assists Accounting with actual vs budget analysis as needed.

General Responsibilities
• Supports our BMI Core Values and cultivates a culture of diversity, equity and inclusion.
• Maintains and promotes teamwork within the department.
• Regular in-office attendance.
• Other duties as assigned.

POSITION QUALIFICATION REQUIREMENTS
Education: Bachelor's Degree in Accounting/Finance/Economics or Certified Public Accountant/Certified Financial Analyst/MBA.
Experience: Seven (7) to ten (10) years of experience in FP&A, business partnering, banking or a similar role.

SKILLS AND ABILITIES:
Which may be representative but not all inclusive of those commonly associated with this position.
• Strong record of reporting and financial analysis, preferably in a high-growth PE-backed organization.
• Strong working knowledge of Excel and financial systems (e.g., Oracle); familiarity with reporting tools such as Adaptive and PowerBI a plus.
• Strategic thinker with a proactive approach to problem-solving and decision-making.
• Very comfortable working with senior executives and pushing for results as needed.
• Knowledge of the music industry or rights management is a plus, but not required.
• General understanding of finance theory and principles (time value of money, lease versus buy, weighted average cost of capital, etc.).
• General understanding of GAAP accounting.
• Excellent communication and interpersonal skills, with the ability to build relationships across all levels of the organization.
• High-energy self-starter with history of successful accomplishments.
• Strong attention to detail.
• Process improvement focused.
• Calm under pressure.
• Acts with a sense of urgency commensurate with the situation.
• Excellent financial/business acumen.
• Able to simplify and effectively communicate complex information.

SALARY RANGE
$200,000.00 - $280,000.00 (USD). The specific base salary offered to a successful applicant will be based on individual qualifications, skills, experience, and education. The pay range is subject to change at any time based on various internal and external factors. The position may also be eligible for one or more performance-based bonuses. In addition to cash compensation, BMI offers a competitive portfolio of benefits to its employees, as described below.

What We Give to You:
• Health, dental, and vision insurance
• 401K with employer match
• Flexible spending accounts
• Paid vacation and paid sick/personal time
• 12 paid calendar holidays
• Paid volunteer time off
• Summer hours that offer more time for fun in the sun
• Company paid life insurance
• Up to 12 weeks paid parental leave
• Tuition assistance for qualified team members
• Commuter benefits (New York)
• Amazing and engaging culture
• Employee Resource Groups

BROADCAST MUSIC, INC. IS AN EQUAL OPPORTUNITY EMPLOYER: All applicants will receive equal opportunity for employment without regard of race, color, sex, religion, nationality, age, sexual orientation, gender identity and/or expression, veteran's or marital status, disability, or any other cultural factor.

#LI-Hybrid

Jobcode: Reference SBJ-r777x8-3-144-139-191-42 in your application.