Head of Accounting & Treasury

Posted:
12/4/2024, 12:26:01 AM

Location(s):
Emilia-Romagna, Italy ⋅ Bologna, Emilia-Romagna, Italy

Experience Level(s):
Senior

Field(s):
Accounting

Workplace Type:
Hybrid

ABOUT MUSIXMATCH:

Musixmatch is the leading music metadata company, featuring the world’s largest lyrics catalog and +70M user contributors. Musixmatch is the trusted global partner of companies like Spotify, Apple, Amazon Music, Meta, Google, MTV, Shazam, Vevo and has a partnership with +100,000 music publishers including Sony/ Music Publishing, Universal Music Publishing, Warner/Chappell, Kobalt, BMG Rights, and the Harry Fox Agency.

We are a bunch of creatives who care about our work and what we do.  We believe that participation and collaboration are key to getting things done well.  We are looking for tech-savvy people who are eager to learn in a fast-paced environment, who have an international outlook on life, and who love taking on new challenges.

Position:

We are looking for a Head of Accounting & Treasury to lead our Accounting team and oversee key financial functions, including accounting, tax compliance, treasury operations, and reporting. This role requires a hands-on professional with a strong technical background, proven experience in managing a team, and expertise in accounting and treasury operations. This is a key role that will report into the SVP, Finance and will be instrumental to support the scaling of the business.

What you will do:

Oversee and manage accounting functions, ensuring compliance with Italian (OIC) and international (IFRS) accounting standards.
Ensure the accuracy of general ledger entries, reconciliations, and timely completion of monthly and annual closing activities.
Supervise the preparation of statutory accounts and tax declarations, including VAT compliance and corporate tax filings.
Maintain accurate bookkeeping for accounts payable (AP) and accounts receivable (AR), ensuring timely payment and receipt schedules.
Collaborate with external auditors and tax consultants to ensure smooth audits and compliance with all regulatory requirements.
Monitor cash flow operations, including bank accounts, credit facilities, and treasury processes, ensuring optimal liquidity management.
Implement and manage financial instruments, such as derivatives, to mitigate risks related to currency and interest rate fluctuations.
Maintain and enhance banking relationships, ensuring cost-effective and efficient services.
Develop cash flow forecasts and provide actionable insights to senior management for decision-making.
Ensure adherence to Italian tax regulations, corporate law, and other statutory requirements, working with external advisors when necessary.
Identify and implement improvements in accounting and treasury workflows, leveraging technology to streamline processes.
Support the preparation of annual budget and periodic forecasts.

Requirements:

Degree in Economics, Accounting, Finance, or equivalent.
A minimum of 10-12 years of experience in accounting, tax, and treasury functions, including 4 to 6 years in a Big Four accounting firm.
Strong understanding of IFRS, Italian accounting standards (OIC), and tax regulations.
Proven experience with treasury operations, including cash flow management and derivatives.
Solid understanding and working knowledge of corporate law as required for the role.
Hands-on, detail-oriented professional capable of managing complex tasks independently.
Proven experience in team management.
Advanced proficiency in Microsoft Excel and Google Sheets for financial analysis and reporting.
Strong problem-solving and organizational skills with a proactive mindset.
Experience with ERP systems, preferably Business Central Dynamics 365 or similar platforms.
Proficient professional English.

Nice to Have:

Background in industries such as music, entertainment, or technology.
Previous experience in a multinational environment.
WHAT WE OFFER:

- Flexible schedule
- Generous training budget 
- Top class tech and equipment
- Company-wide retreat once per year
- Welfare plan

DISCLAIMER:

**Due to the significant amount of applications we receive, unfortunately, it is not possible to answer every applicant, thus if you have not received a response from us, please be patient. We assure you that we will contact you should you be selected to move forward in the recruitment process. We would therefore like to thank all applicants for their interest and time.**