Lead FP&A

Job description

Company Description

LIVE THE MUSIC WITH US

From a pioneer tech start-up created in 2007, Deezer has become one of the first French unicorns and the second largest independent music streaming platform in the world.

At eighteen years old, we’re only just coming of age. Now listed on #EuroNext, Deezer is a rapidly-growing, cutting-edge player in the music streaming market. If you want an environment where you can make your voice heard and be at the forefront of music and tech, look no further!

We believe music is all about embracing the things that make us different.

Deezer is a vibrant community that celebrates uniqueness, diversity and individuality, and thrives on collaboration.

Our international and passionate teams pride themselves on being at the forefront of the music experience, going beyond streaming and helping the world to Live the Music. We’re constantly evolving alongside our customers, partners, artists and employees — striving to make Deezer the most personal and innovative streaming service in the world.

Ready for an electrifying journey? Apply now and do your part in bringing extraordinary music experiences to people’s lives!

**Join Us**

Job Description

We have not one, but two Lead FP&A position!

Our Finance team at Deezer is at the heart of strategic decision-making, providing the financial insights that fuel our growth and innovation. We’re responsible for analyzing company performance, elaborating and monitoring budget exercises, and assessing the financial viability of operational projects.

Lead FP&A Partnerships

This is the team responsible for analyzing company’s performance, elaborating and monitoring budget exercises, assessing operational projects, and collaborating as business partners to all stakeholders across the company on various strategic initiatives.

What you will do:

  • Budget/Forecast/Closing

    • Lead partnerships revenue projection in biyearly planning exercises

    • Update and maintain business plan for the Manager

    • Contribute to the monthly accounting closing and to the calculations of monthly provisions

    • Approve and monitor perimeter expenses, B2B partners reports, cash issues

  • Analysis & reporting

    • Draft and prepare underlying financial documentation to foster decision making

    • Deep dive into performance monitoring and KPIs variances

    • Communicate reporting and sharp analyses to Deezer top management, highlighting risks & opportunities

  • Business partnering

    • Support partnerships negotiations via complex modelling and financial insight

    • Engage and challenge stakeholders on business strategy and associated risks

    • Drive operational excellence initiatives to improve partnerships end-to-end process in collaboration with all stakeholders along the chain

    • Support cash management decisions

FP&A Music Rights, Staff and Central Cost

This Lead FP&A role is central to Deezer’s strategic objectives, owning the complex and high-impact Royalties and Music Rights scope. You will maintain financial integrity through precise forecasts, analyses, and strategic recommendations for royalties – our largest cost driver. Your work will directly support crucial negotiations with labels and publishers, ensuring financially sound agreements and boosting profitability. You’ll also be instrumental in developing innovative royalty payment models, pushing beyond traditional approaches to sustain Deezer’s competitive edge and deliver exceptional music experiences.

Your core responsibilities include:

  • Financial Analysis & Reporting:

    • Contribute to monthly royalty accounting closings, ensuring data accuracy.

    • Perform deep dives into gross margin and KPI variances, identifying trends, and communicate sharp analyses to management, highlighting risks and opportunities.

  • Strategic Planning & Modeling:

    • Lead gross margin projections in bi-yearly planning, developing robust forecasts for financial strategy.

    • Build complex royalty models and scenarios, providing critical insights for strategy and negotiations.

    • Engage and challenge stakeholders on business strategy and financial risks.

  • Operational Excellence & Strategic Business Partnering:

    • Support music label and publisher negotiations with comprehensive royalty modeling and financial insights.

    • Drive operational excellence initiatives to improve end-to-end royalty processes, enhancing efficiency and accuracy.

    • Collaborate closely with cross-functional teams (Music Industry Relations, Royalty & Reporting, Legal, other Finance teams) to ensure seamless operations, compliance, and automated processes.

    • Support cash management decisions related to royalty payments.

What We’ve Achieved and What We’ll Do With You

Our team is proud of several recent impactful achievements:

  • We identified and subsequently canceled underperforming revenue streams that were costing Deezer in excess of several hundreds of thousands of euros annually due to unfavorable royalty structures.

  • We’ve significantly reduced our exposure to audit risks by implementing more robust and automated processes, saving the company potentially millions of euros in overpayments or underpayments that could lead to costly audits.

  • We developed and deployed enhanced reporting dashboards that provide real-time insights into gross margin performance, enabling faster and more informed business decisions.

With you on board, we will tackle ambitious strategic goals, including:

  • Automating 20% of our royalty calculation and reporting processes within the next year, freeing up significant team capacity and increasing accuracy.

  • Developing innovative and industry-leading royalty payment models that could set new precedents within the music industry.

  • Minimizing the risk of audit discrepancies to near zero by further refining our internal controls and data validation processes, potentially saving millions in the long run.

Growth & Development

You’ll gain deep expertise in the highly specialized and complex field of music royalties within a dynamic tech environment. You’ll have direct exposure to and collaborate with senior executives including the CFO and SVP Music Industry, regularly leading and participating in high-stakes discussions.

Qualifications

A Little Bit About You

You’re a skilled finance professional with 6-10 years of experience in Corporate Finance, FP&A, or Audit. Experience in tech or media is a plus. You’re great at financial modeling and handling large amounts of data, especially using Excel, to find issues and create solutions. You work well independently and are proactive in solving problems, always looking for ways to improve processes. You’re also confident and resilient, able to challenge ideas constructively and build strong relationships with different teams in a fast-paced, changing environment.

At Deezer, diversity drives innovation. Whatever makes you uniquely you, your experiences, your way of thinking, your journey, might be exactly what we need.

If this role speaks to you and aligns with your interests and capabilities, even if you don’t meet 100% of the qualifications listed, please give it a try and tell us more! #BeYou

Additional Information

At Deezer, you can be your true self as we believe that #everyvoicematters. We strive to build an inclusive culture and foster a diverse environment. Because we care and want to ensure each employee feels welcome and safe at work, we continuously focus on fighting biases and helping diverse teams work well together through multiple learning opportunities, e-learnings and workshops right from the onboarding :

  • Regular Diversity & Inclusion internal and external talks

  • Dedicated employee work streams on Gender equity, Ethnicity & Culture, Disability and LGBTQ+

  • Multiple e-learnings and mandatory training sessions for all managers

  • English and French courses for all, so that everyone can connect and feel included

Beyond benefits like health insurance, transportation, we offer you extra perks like:

  • A Deezer premium family account for free

  • Access to gym classes

  • Join over 70 Deezer Communities to connect beyond your day-to-day work, share passions, learn from each other and #Belong.

  • Deezer parties several times a year and drinks every thursday

  • Mental health and well-being support from Moka.Care

  • Allowance for sports, travelling and culture

  • Mental health and well-being support from Moka.Care

  • Meal vouchers

  • Great offices always located in dynamic and attractive districts, whether in Paris, London or Sao Paulo!

  • Hybrid remote work policy

If you want to learn more about life and culture at Deezer, please visit our Welcome to the Jungle page here!

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