Global Music, Finance Business Partner
Los Angeles Regular Corporate Function / Support Job ID: A172003
Responsibilities
About ByteDance Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content. Why Join Us Creation is the core of ByteDance's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible. Together, we inspire creativity and enrich life - a mission we aim towards achieving every day. To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always. At ByteDance, we create together and grow together. That's how we drive impact - for ourselves, our company, and the users 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. ByteDance is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At ByteDance, our mission is to inspire creativity and enrich life. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too.
Job Information
【For Pay Transparency】Compensation Description (Annually) The base salary range for this position in the selected city is $111466 - $205168 annually.
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).
The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
For Los Angeles County (unincorporated) Candidates:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:
1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
3. Exercising sound judgment.
