Licensing Accounting Specialist - CASH APPLICATIONS

POSITION SUMMARY:


The Licensing Accounting Specialist (Cash Applications) is responsible for daily cash application and deposit activities, assisting with processing reports and financial transactions across all Licensing markets, and supports other functional areas as needed.


LOCATION:

Nashville, TN office. BMI operates on a regular in-office hybrid schedule. Currently, most team members are expected to be in the office three (3) days a week.

FUNCTIONS OF THE JOB:

Essential Functions: which may be representative but not all inclusive of those commonly associated with this position.

• Responsible for applying lockbox receipts, remote deposits, wire transfers, and credit card payments.
• Responsible for reconciling daily cash deposits and investigating discrepancies as needed
• Collaborate with team members to ensure timely and accurate processing of fee adjustments, write-offs, refunds, and other account transactions across all Licensing markets.
• Process, review, and image report forms in accordance with established procedures.
• Perform daily reconciliation of CRM system to the general ledger as assigned.
• Support month-end close activities as assigned, including preparation and distribution of monthly statements.
• Troubleshoot system and transaction issues, escalating when appropriate.
• Participate in system testing to support enhancements and process improvements.
• Respond to internal and external customer inquiries within established service level expectations.
• Assist with special projects and process improvement initiatives.
• Perform additional duties as assigned.
• Regular attendance.
• Supports our BMI Core Values and cultivates a culture of diversity and inclusion.

POSITION QUALIFICATION REQUIREMENTS

Education: Associate's degree in accounting or related field required. In lieu of degree, 4 years of equivalent work experience required.

Experience: Minimum 2 years of experience in cash applications, accounts receivable, or financial operations.

Experience in high-volume transaction environments preferred

Skills and Abilities: which may be representative but not all inclusive of those commonly associated with this position.

• Strong attention to detail and accuracy in financial processing
• Basic understanding of accounting principles and reconciliation processes
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment
• Strong problem-solving and analytical skills
• Effective written and verbal communication skills
• Proficiency in Microsoft Office, particularly Excel; experience with CRM and financial systems preferred.
• Ability to work both independently and collaboratively within a team.

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 accommodation may be made to enable individuals with disabilities to perform the essential functions.

Employment with the company is at-will, meaning either the employee or the company may terminate the employment relationship at any time, with or without cause or notice, consistent with applicable law.

Why Join Us?


BMI is the nation's largest performing rights organization, representing more than 1.4 million songwriters, composers and music publishers, and a repertoire of over 25 million musical works.


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 to help manage healthcare and dependent costs
• Hybrid office schedule: in office three days per week and Fridays remote.
• Short-term & long-term disability benefits
• Paid vacation & sick/personal time
• Paid volunteer time off
• 12 paid calendar holidays
• Summer half days
• Company paid life insurance
• Up to 12 weeks paid parental leave
• Tuition assistance to support your continued education and professional growth
• Commuter benefits (New York)
• Employee Resource Groups
• Entertainment discounts and access to certain BMI concerts and events in our offices
• Employee appreciation events and holiday parties hosted at all office locations

BROADCAST MUSIC, INC. IS AN EQUAL OPPORTUNITY EMPLOYER:


All applicants will receive equal opportunity for employment without regard of race, color, sex, religion, nationality, age, sexual orientation, gender identity and/or expression, veteran's or marital status, disability, or any other cultural factor

Celebrating over 80 years of service to songwriters, composers, music publishers and businesses, BMI® is a global leader in music rights management, serving as an advocate for the value of music. BMI represents the public performance rights in over 25 million musical works created and owned by more than 1.4 million songwriters, composers, and music publishers. The Company negotiates music license agreements and distributes the fees it generates as royalties to its affiliated writers and publishers when their songs are performed in public. In 1939, BMI created a groundbreaking open-door policy becoming the only performing rights organization to welcome and represent the creators of blues, jazz, country, and American roots music. Today, the musical compositions in BMI's repertoire, from chart toppers to perennial favorites, span all genres of music and are consistently among the most-performed hits of the year.