Director, Accounting

This is a Full Time Job

DESCRIPTION:

About ASCAP
The American Society of Composers, Authors and Publishers (ASCAP) is a membership association of more than one million songwriters, composers and music publishers, and represents some of the world’s most talented music creators. Founded and governed by songwriters, composers and publishers, it is the only performing rights organization in the U.S. that operates on a not-for-profit basis.

ASCAP licenses a repertory of over 20 million musical works to hundreds of thousands of businesses that use music, including streaming services, cable television, radio and satellite radio, and brick and mortar businesses such as retail stores, hotels, clubs, restaurants and bars. ASCAP collects the licensing fees; identifies, matches and processes trillions of performances every year; and returns nearly 90 cents of every dollar back to its members as royalties.

The ASCAP blanket license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. ASCAP puts music creators first, advocating for their rights and the value of music on Capitol Hill, driving innovation that moves the industry forward, building community and providing the resources and support that creators need to succeed in their careers. Learn more and stay in touch at www.ascap.com, on X and Instagram @ASCAP and on Facebook.

Job Description:
The Director, Accounting is responsible for managing the day-to-day operations of ASCAP’s General Ledger, the compliance with tax filings, planning and coordination of the annual financial audit, as well as the pension filings and reporting. The Director, Accounting is also responsible for enforcing financial policies, procedures, internal controls, and involvement in business process reengineering initiatives.

Areas of Responsibilities and Accountability:

• Approval of monthly/quarterly/annual journal entries.
• Ensure timely preparation of all monthly Balance Sheet reconciliations and timely resolution of all variances.
• Managing the financial close in the NetSuite system.
• Month and YTD variance analysis.
• Approving capital expenditure and depreciation entries. Reviewing reconciliation of capital assets between general ledger and the subledger.

Tax:

• Responsible for managing all Tax filings - Federal, State, City and Franchise.
• Preparation of the information required to support and file the tax returns.
• Ensuring compliance with all applicable tax and accounting laws and regulations.

Treasury:

• Daily cash management and managing relationship with banks.
• Overseeing month end bank reconciliations.
• Foreign currency transfers and settlement of hedges.
• Approving and releasing of wires and ACH’s.

Audit:

• Coordinating with the auditors and managing the audit request list.
• Planning and coordinating the dissemination of information to the auditors.
• Preparation of the annual financial statements to be attached to the audit report.
• Preparation of the annual financial statements for the Pension Plans.

Reporting:

• Preparation, analysis, interpreting, and reporting financial data at month end.
• Preparation of ad hoc financial reports and analysis as needed to assist in business decisions.

Qualifications and Requirements:

• Bachelor’s Degree in Accounting.
• Valid U.S. Certified Public Accountant (“CPA”) license or CPA eligible a plus.
• Eight (8) years of accounting experience. Public accounting experience a plus.
• Possesses strong leadership skills with a proven track record of effectively managing a diverse team, achieving results, and executing transformative organizational change.
• Proficient knowledge of GAAP and related financial reporting regulations and standards.
• Ability to present financial information effectively.
• Strong analytical and financial skills.
• Knowledge of automated financial and accounting reporting systems.
• Knowledge of Oracle NetSuite.