FUGA provides forward-thinking music distribution, technology, and marketing services to forward-thinking music companies. Working at the heart of the music industry with more than 800 clients, including Riot Games, Hospital Records, Epitaph, and Beggars Group, FUGA is the world’s leading full-service B2B music distributor. FUGA works at the forefront of music distribution technology, connecting its clients with digital service providers like Spotify, Apple Music, and Amazon Music while helping them get the most from their music, whether that’s with award-nominated label services, industry-leading revenue accounting, or using FUGA’s suite of best-in-class products
FUGA is seeking a pro-active, accurate and organized Junior Financial Accountant, to join our Finance team in Amsterdam. The successful candidate will join the Reporting and Compliance pillar of our Finance team, and will assist in monthly closing and reporting activities, timely completion of local compliance requirements, and will manage the invoicing, cash flows and related accounting for our Aggregation and Neighboring Rights businesses, being the key link between our Finance and Royalty Accounting teams.
Are you passionate about numbers and experienced in day-to-day accounting activities? Do you love to get down to the details? Are you keen to work in a fast-changing industry and have an affinity with music and tech? Then we are looking for you!
What you do
As Junior Financial Accountant your responsibilities include:
Reporting and Compliance
Supporting with monthly closing, including review of balance sheet positions and monthly balance sheet reconciliations
Assisting with the preparation of monthly financial reporting and annual financial statements.
Managing compliance with applicable reporting requirements, CBS and tax filings.
Compiling documentation requested by auditors and actively participating in audit process
Supporting Cash Flow forecasting and reporting
Ensuring financial processes are documented to maintain and strengthen internal controls.
Acting as the key link between the royalty accounting and finance departments to ensure optimal processes with regards to invoicing, cash flows and related accounting across both teams
Retaining overview of open DSP Receivables; follow up on overdue accounts
Ownership of monthly royalty reconciliation - matching of incoming royalty payments with royalty statements processed, reconciling related balance sheet positions
Ownership of Withholding Tax administration for DSPs and Societies
Netsuite (ERP) ownership of DSP customer creation
Ownership of monthly FX rates to be obtained from ECB for loading into the Royalty Accounting Software,
Daily inbox management - picking up incoming emails and requests from Aggregation and Neighboring Rights customers and suppliers
A higher education or bachelor degree within Finance
Proven 3+ years working experience in a Finance / Accounting role, preferably in an international organization, with strong knowledge of accounting principles and procedures,
Strong Reporting skills, experience with creating financial statements
Experience with general ledger functions and the month-end/year end close process
Experience with and understanding of VAT and withholding tax is a pre
Proactive, Organized and structured, proven ability to deliver to deadlines
Accurate, High level of attention to detail
Excellent verbal and written communication in both English and Dutch;
You are a music lover.
Who we are
International business environment, colleagues and clients around the world with diverse backgrounds in music and tech;
Small, young and enthusiastic team in a fast growing company with strong ambitions;
Egalitarian, transparent environment with career growth opportunities;
Part of a dynamic industry in technology, media and entertainment.
Founded in 2006, FUGA build software and provides services for the digital music industry. We have an extensive and growing international network of clients and partners in more than 50 countries. Our HQ is based in Amsterdam, the Netherlands, with offices in London, New York, Rome, Milan and representatives in Tokyo, Los Angeles, Seoul, Paris and Sao Paulo.
We operate at the heart of the music. FUGA connects distributors and record labels with digital service providers like Spotify, Apple Music, Amazon, Deezer and more. By doing so FUGA enables its clients to optimize their business processes and successfully execute their release strategy. FUGA's products & services provide a complete ecosystem for the digital product cycle. Clients manage, distribute and promote their music – and collect on their revenue.