VP, Finance

About the Company

BMI is a mission-driven organization at the forefront of music rights and creator advocacy. Celebrating over 80 years of service to songwriters, composers, music publishers and businesses, BMI is a global leader in music rights management. Currently representing the public performance rights in over 25 million musical works created and owned by more than 1.4 million artists. BMI negotiates music license agreements and distributes the fees it generates as royalties to its affiliated writers and publishers when their songs are publicly performed.

About the Role

THE OPPORTUNITY

This is a builder's role. BMI is two years into one of the most significant business transformations in the music industry, moving from an 80-year not-for-profit operating model to a PE-backed growth platform with real EBITDA targets, board reporting expectations, and a mandate to develop new revenue streams beyond its core PRO function. The financial infrastructure to support that ambition is being built now.

The VP, Finance role will own a broad scope across FP&A, Treasury, and strategic finance, reporting directly to the CFO and working closely with New Mountain Capital's operating team and the Board. This is not a pure transformation role: BMI is a large, complex business with a full corporate finance operation that must run with precision while the new infrastructure is being built alongside it. The right person can do both: run a rigorous day-to-day finance function and build the systems, reporting, and business plans that a PE-backed platform requires.

BMI's business model is genuinely distinctive: recurring license revenue, complex royalty distribution waterfalls, accelerating digital streaming mix, and a $200M+ international footprint. The finance leader who thrives here will be intellectually curious about the business, acting as a thought partner helping to drive growth strategy.

RUN THE BUSINESS

Day-to-day FP&A ownership

• Own the monthly and quarterly financial close process: variance analysis, management reporting, and performance commentary delivered on time, every time
• Lead the annual budget and multi-year operating plan; manage the full planning calendar from departmental submissions through board approval
• Maintain rolling forecasts and reforecasts throughout the year, keeping leadership aligned to current trajectory vs. plan
• Serve as the primary finance business partner to commercial, licensing, technology, and operations leaders, embedded in their planning, not just reporting on their results
• Deliver accurate, timely financial recommendations to the CFO and executive team for day-to-day decision making
• Monitor performance indicators across all revenue lines and cost centers; surface and explain variances before they become surprises

Treasury & capital stewardship

• Own cash flow forecasting, liquidity management, debt covenant compliance, and banking relationships
• Manage the timing complexity between BMI's revenue recognition and royalty distribution cycles to optimize working capital

BUILD THE INFRASTRUCTURE

PE-grade reporting

• Design the unified reporting package for New Mountain Capital, the Board of Directors, and internal leadership: one version of the truth, no redundant deliverables
• Implement driver-based forecasting tied to BMI's actual business metrics: license volume, digital streaming growth, affiliate additions, and renewal rates
• Build exit-ready financial infrastructure: clean EBITDA presentation, normalized financials, and institutional-quality reporting that prepares BMI for a future liquidity event

Strategic & value creation finance

• Develop models that underwrite new revenue streams, partnerships, and platform investments in support of New Mountain's growth thesis
• Evaluate ROI on technology deployments, marketing programs, and digital platform expansion
• Lead the team and systems build-out: Oracle, Adaptive Insights, and Power BI integration to support a scalable, data-driven finance function

WHAT WE ARE LOOKING FOR

• 15+ years of FP&A and finance leadership; VP-level experience in a PE-backed environment
• A proven builder: track record of constructing financial reporting infrastructure, not just managing it
• Experience with recurring revenue, licensing, subscription, or royalty/distribution models; comfort with revenue recognition timing complexity
• Experience with post M&A integration
• Advanced modeling, driver-based forecasting, and scenario analysis skills
• Treasury experience: cash forecasting, covenant compliance, banking relationships
• Strong communicator who translates financial complexity into clear executive and board-level narrative
• Bachelor's in Finance, Accounting, or Business required; MBA or CPA preferred
• Experience working for a SaaS company preferred

This job description in no way states or implies that these are the only duties to be performed by the employee occupying the position. Employees may be required to follow other job-related instructions and perform other job-related duties as requested, subject to all applicable state and federal laws.

"Commonly associated" is not intended to mean always or only. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Benefits & Perks

We take care of our people, here's what you can expect when joining the team:

• Medical, Dental, and Vision Insurance
• 401K with employer match on 100% of the first 4%.
• Flexible Spending Accounts
• Hybrid Office Schedule & Remote Friday's
• Short-Term & Long-Term Disability Benefits
• Paid Vacation & Sick/Personal Time
• Paid Volunteer Time Off
• 12 Paid Holidays
• Summer Half-Days
• Company Paid Life Insurance
• Up To 12 weeks Paid Parental Leave
• Tuition Assistance Program
• Commuter Benefits (New York)
• Employee Resource Groups
• Entertainment discounts and access to BMI concerts and events in our offices
• Employee appreciation events and holiday parties hosted at all office locations