Sr. Accountant, Financial Accounting
BMI is a mission-driven organization at the forefront of music rights and creator advocacy. Celebrating over 80 years of service to songwriters, composers, music publishers and businesses, BMI is a global leader in music rights management, representing the public performance rights in over 25 million musical works created and owned by more than 1.4 million artists. BMI negotiates music license agreements and distributes the fees it generates as royalties to its affiliated writers and publishers when their songs are publicly performed.
About the role
Reporting to the Director, Accounting Technology & Financial Accounting, the Sr. Accountant, Financial Accounting leads complex accounting activities across financial reporting, multi-entity consolidation, and fixed asset/technology accounting. This role operates with a high degree of autonomy, exercises judgment on non-routine transactions, and serves as a technical resource for other team members. Requires flexibility to manage shifting priorities and meet deadlines with minimal direct supervision.
Responsibilities
- Fixed Assets & Technology
- Process fixed assets, including mass additions, asset classifications, and depreciation; prepare supporting schedules and perform capitalization and impairment reviews
- Assist with technology and fixed asset reporting
- Ensure software development capitalization rules are appropriately applied for ASC 350-40
- Review and approve technology requisitions to ensure appropriate accounting treatment
- Financial Reporting & Close
- Serve as subject matter expert on general ledger structure and budget uploads
- Prepare/review journal entries for close and deliver timely reporting to internal stakeholders
- Prepare/review monthly account reconciliations, meeting deadlines and resolving reconciling items in a timely manner
- Perform expense variance analysis, identifying and explaining significant trends
- Participate in balance sheet review meetings and other executive-level discussions, communicating clearly on financial results and risk areas
- Consolidation & Intercompany
- Record and reconcile intercompany transactions and eliminations to ensure accuracy
- Identify and resolve consolidation discrepancies, escalating complex issues as needed
- Technical Accounting, Policy & Controls
- Research technical accounting issues and prepare memorandums documenting conclusions on non-routine or complex transactions
- Develop and document accounting policies and procedures
- Support the year-end audit, including preparation of schedules and timely response to auditor inquiries
- Participate in system testing and implementation projects as needed
- Maintain and strengthen internal controls, proactively identifying gaps or process improvements
- Collaboration & Professional Development
- Serve as a resource/collaborator for team on technical accounting questions
- Partner cross-functionally on accounting-related matters
- Cross-train team members on processes to strengthen bench depth and continuity
- Participate in special projects, including system implementations and process improvement initiatives
- Maintain current technical knowledge through professional education, publications, and professional organizations (e.g., CPA CPE requirements)
Requirements
- Bachelor’s degree in accounting required; Master’s and/or CPA preferred
- Minimum five (5) years of progressive accounting experience, including exposure to financial statement preparation, month-end close, and account reconciliations
- Experience with multi-entity or international consolidations is strongly preferred
- Public accounting or audit experience a plus
Skills
- Proficiency in Microsoft Office (Excel and Word required; Access a plus)
- Experience with Oracle Financials (EBS or Fusion Cloud) preferred
- Strong working knowledge of US GAAP, with ability to research and apply guidance to complex or non-routine transactions
- Experience with multi-entity or international consolidation processes preferred
- Strong analytical skills and attention to detail
- Capable of managing multiple tasks and competing deadlines
- Ability to exercise independent judgment on non-routine accounting matters and know when to escalate
- Strong listening skills and the ability to communicate clearly, both written and verbally, in a professional manner
- Self-motivated with the ability to adapt to change and quickly learn new processes
- Team player who is flexible, open to challenges, and comfortable interacting with all levels of company personnel
Benefits
- Medical, Dental, and Vision Insurance
- 401K with employer match on 100% of the first 4%
- Flexible Spending Accounts
- Hybrid Office Schedule & Remote Fridays
- Short-Term & Long-Term Disability Benefits
- Paid Vacation & Sick/Personal Time
- Paid Volunteer Time Off
- 12 Paid Holidays
- Summer Half-Days
- Company Paid Life Insurance
- Up to 12 weeks Paid Parental Leave
- Tuition Assistance Program
- Commuter Benefits (New York)
- Employee Resource Groups
- Entertainment discounts and access to BMI concerts and events in our offices
- Employee appreciation events and holiday parties hosted at all office locations