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- Tasks: Support the Global Music team with financial planning and artist royalties management.
- Company: Join TikTok, the leading platform for short-form mobile video, inspiring creativity worldwide.
- Benefits: Enjoy a hybrid work model and be part of a vibrant, innovative culture.
- Why this job: Be a strategic partner in a mission-driven team that values creativity and growth.
- Qualifications: Bachelor’s in Finance/Accounting and 5+ years in music industry finance required.
- Other info: Work closely with artists and contribute to impactful music initiatives.
The predicted salary is between 43200 - 72000 £ per year.
Responsibilities
About TikTok
ByteDance is a global incubator of platforms at the cutting edge of commerce, content, entertainment, and enterprise services – over 2.5 billion people interact with ByteDance products, including TikTok.
Why Join Us
Creation is the core of TikTok’s purpose. Our platform is built to help imaginations thrive. This is doubly true of the teams that make TikTok possible.
Together, we inspire creativity and bring joy – a mission we all believe in and aim towards achieving every day. To us, every challenge, no matter how difficult, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always.
At TikTok, we create together and grow together. That’s how we drive impact – for ourselves, our company, and the communities we serve.
Join us.
About
Hybrid Work Model: We are back to the office with a hybrid work model, with employees working in the office three days per week.
About the team
The vision of Global Music is to build a global community which enables users to discover, understand, create music, and express themselves and communicate with each other through music in the easiest manner. One of the key products under the Global Music team is SoundOn, which 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 & TikTok Artist Services business. This role is based in Los Angeles. The new hire will work closely with TikTok Artist Services 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 Global Music 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 Global Music team and other internal stakeholders to assess the viability and ROI of global campaigns, 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 & Artist Services 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
Minimum Qualifications
- Bachelor’s degree with a major in Finance or Accounting required.
- Minimum of 5 years or more work experience in music industry finance related role 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.
- You are a great teammate and always have a positive and humble attitude.
Preferred Qualifications
- Advanced in excel, word, PPT, etc. SQL and Power BI is preferred.
TikTok is committed to creating an inclusive space where employees are valued for their skills #J-18808-Ljbffr
Global Music, Finance Business Partner employer: TikTok
Contact Detail:
TikTok Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Music, Finance Business Partner
✨Tip Number 1
Familiarize yourself with TikTok's Global Music team and their mission. Understanding how SoundOn operates and its impact on music creators will help you articulate your passion for the role during interviews.
✨Tip Number 2
Network with professionals in the music finance industry, especially those who have experience with platforms like TikTok. Engaging with them can provide insights into the role and potentially lead to referrals.
✨Tip Number 3
Stay updated on trends in the music industry and how they relate to financial practices. Being knowledgeable about current events can help you demonstrate your expertise and strategic thinking during discussions.
✨Tip Number 4
Prepare to discuss specific examples of how you've optimized financial processes or provided strategic support in previous roles. This will showcase your relevant experience and problem-solving skills effectively.
We think you need these skills to ace Global Music, Finance Business Partner
Some tips for your application 🫡
Understand TikTok's Mission: Before applying, familiarize yourself with TikTok's mission to inspire creativity and bring joy. Reflect this understanding in your application to show alignment with the company's values.
Highlight Relevant Experience: Emphasize your experience in finance within the music industry. Provide specific examples of how you've contributed to financial planning, royalty tracking, or contract analysis in previous roles.
Showcase Analytical Skills: Demonstrate your strong analytical and problem-solving skills in your application. Include instances where you've successfully conducted variance analysis or provided insightful financial advice.
Tailor Your Documents: Customize your CV and cover letter to reflect the qualifications listed in the job description. Mention your proficiency in tools like Excel, SQL, and Power BI, as well as your ability to thrive in fast-paced environments.
How to prepare for a job interview at TikTok
✨Understand TikTok's Mission
Before your interview, make sure you fully grasp TikTok's mission to inspire creativity and bring joy. Be prepared to discuss how your values align with this mission and how you can contribute to it as a Finance Business Partner.
✨Showcase Your Industry Knowledge
Given the role's focus on the music industry, be ready to demonstrate your understanding of financial aspects related to recording and licensing contracts. Discuss any relevant experiences you've had in managing artist royalties or financial modeling in the music sector.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to prioritize under tight deadlines. Think of examples from your past work where you successfully navigated challenges in a fast-paced environment.
✨Highlight Your Teamwork Skills
As a Finance Business Partner, collaboration is key. Be prepared to share examples of how you've worked effectively within teams, especially in cross-functional settings. Emphasize your positive attitude and how you support your colleagues.
