Sr. Accountant, Financial Accounting

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. Currently 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.

Reporting to the Director, Accounting Technology & Financial Accounting, the Sr. Accountant, Financial Accounting is responsible for leading 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.

Functions of the Job:

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)

No direct supervisory responsibilities.

Physical/Visual Activities or Demands:
Physical/visual activities or demands that are commonly associated with the performance functions of this job.

• Sitting, talking, hearing, walking.
• Concentrated mental and visual attention with normal hand-eye coordination.
• Clarity of vision at 20 inches; corrected or uncorrected.
• Generally negligible physical effort, but occasional moving of 1 to 25 lb. items.

Environmental/Atmospheric Conditions:
Environmental and atmospheric conditions commonly associated with the functions of this job.

Normal office conditions.

Education:

Bachelor's degree in accounting required. Master's and/or CPA preferred.

Experience:

Minimum five (5) years of progressive accounting experience, including exposure to financial statement preparation, month-end close,…