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Responsibilities
About TikTok
TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. TikTok has global offices including Los Angeles, New York, London, Paris, Berlin, Dubai, Singapore, Jakarta, Seoul and Tokyo.
About TikTok
TikTok is the leading destination for short-form mobile video. Our mission is to inspire creativity and bring joy. TikTok has global offices including Los Angeles, New York, London, Paris, Berlin, Dubai, Singapore, Jakarta, Seoul and Tokyo.
Why Join Us
At TikTok, our people are humble, intelligent, compassionate and creative. We create to inspire – for you, for us, and for more than 1 billion users on our platform. We lead with curiosity and aim for the highest, never shying away from taking calculated risks and embracing ambiguity as it comes. Here, the opportunities are limitless for those who dare to pursue bold ideas that exist just beyond the boundary of possibility. Join us and make impact happen with a career at TikTok.
Team Introduction
Finance BP and Business FP&A is a sub-department of Finance. It aims to improve management efficiency, reduce financial risks and strengthen budget control by providing business analysis and management reports.
About SoundOn
SoundOn is an all-in-one platform powered by TikTok, designed to better service music creators through each step of their career — from TikTok integrated promotion tools to universal music distribution, from diverse monetization opportunities to smart music creation. SoundOn exists to give every music creator & label the power to authentically connect with new audiences and “do music” their way.
TikTok is seeking a stellar finance BP who will be one of the critical finance partners to drive the success of SoundOn business. This role is based in Los Angeles. The new hire will work closely with SoundOn team to ensure the financial components of deals are optimised, be responsible for artist royalties including tracking, reporting and analysis. The new hire will play an integral role in assisting with the business decisions and will act as a strategic partner to SoundOn team.
Responsibilities
- Provide strategic support and advice to functional heads and senior finance managers
- Carry out the Financial Planning process including developing near-term and long-term budget plans, monitor budget implementation to ensure commitments are timely met, carry out variance analysis and update the budget/forecast periodically;
- Work closely with the SoundOn team and other internal stakeholders to assess the viability and ROI of potential licensing, recording, production and other artist and music related contracts, and be responsible for artist royalties tracking, reporting and analysis.
- Build, maintain and review appropriate internal controls and financial procedures related to SoundOn activities, and be responsible for optimizing the financial practices, policies, programs, and procedures
- Partner with business units and provide insightful and quality financial advice to support company’s business decision-making, and conduct industry analysis.
Qualifications
- Bachelor’s degree with a major in Finance or Accounting required.
- Minimum of 5-8 years’ experience in music industry accounting required.
- Ability to prioritize in a fast-paced environment under tight deadlines.
- Excellent time management, organizational and communication skills.
- Strong analytical and problem-solving skills.
- Thorough understanding of the financial aspects of recording and licensing contracts, as well as royalty administration and financial modelling in the music industry.
- Advanced in excel, word, PPT, etc. SQL and Power BI is prefered;
- You are a great teammate and always have a positive and humble attitude.
TikTok is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At TikTok, our mission is to inspire creativity and bring joy. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too.
TikTok is committed to providing reasonable accommodations during our recruitment process. If you need assistance or an accommodation, please reach out to us at [email protected].
Job Information
The base salary range for this position in the selected city is $79420 – $184224 annually.
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
At ByteDance/TikTok our benefits are designed to convey company culture and values, to create an efficient and inspiring work environment, and to support ByteDancers to give their best in both work and life. We offer the following benefits to eligible employees:
We cover 100% premium coverage for employee medical insurance, 80% premium coverage for dependents and offer a Health Savings Account(HSA) with a company match. As well as Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans. In addition to Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care.
Our time off and leave plans are: 10 paid holidays per year plus 17 days of Paid Personal Time Off(PPTO) (prorated upon hire and increased by tenure) and 10 paid sick days per year as well as 12 weeks of paid Parental leave and 8 weeks of paid Supplemental Disability.
We also provide generous benefits like mental and emotional health benefits through our EAP and Lyra. A 401K company match, gym and cellphone service reimbursements. The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
