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VP, Finance

Broadcast Music

THE OPPORTUNITYThis 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 BUSINESSDay-to-day FP&A ownershipOwn the monthly and quarterly financial close process: variance analysis, management reporting, and performance commentary delivered on time, every timeLead the annual budget and multi-year operating plan; manage the full planning calendar from departmental submissions through board approvalMaintain rolling forecasts and reforecasts throughout the year, keeping leadership aligned to current trajectory vs. planServe as the primary finance business partner to commercial, licensing, technology, and operations leaders, embedded in their planning, not just reporting on their resultsDeliver accurate, timely financial recommendations to the CFO and executive team for day-to-day decision makingMonitor performance indicators across all revenue lines and cost centers; surface and explain variances before they become surprisesTreasury & capital stewardshipOwn cash flow forecasting, liquidity management, debt covenant compliance, and banking relationshipsManage the timing complexity between BMI's revenue recognition and royalty distribution cycles to optimize working capitalBUILD THE INFRASTRUCTUREPE-grade reportingDesign the unified reporting package for New Mountain Capital, the Board of Directors, and internal leadership: one version of the truth, no redundant deliverablesImplement driver-based forecasting tied to BMI's actual business metrics: license volume, digital streaming growth, affiliate additions, and renewal ratesBuild exit-ready financial infrastructure: clean EBITDA presentation, normalized financials, and institutional-quality reporting that prepares BMI for a future liquidity eventStrategic & value creation financeDevelop models that underwrite new revenue streams, partnerships, and platform investments in support of New Mountain's growth thesisEvaluate ROI on technology deployments, marketing programs, and digital platform expansionLead the team and systems build-out: Oracle, Adaptive Insights, and Power BI integration to support a scalable, data-driven finance functionWHAT WE ARE LOOKING FOR15+ years of FP&A and finance leadership; VP-level experience in a PE-backed environmentA proven builder: track record of constructing financial reporting infrastructure, not just managing itExperience with recurring revenue, licensing, subscription, or royalty/distribution models; comfort with revenue recognition timing complexityExperience with post M&A integrationAdvanced modeling, driver-based forecasting, and scenario analysis skillsTreasury experience: cash forecasting, covenant compliance, banking relationshipsStrong communicator who translates financial complexity into clear executive and board-level narrativeBachelor's in Finance, Accounting, or Business required; MBA or CPA preferredExperience working for a SaaS company preferredThis 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.JobFamilyVPPayTypeSalaryEducationLevelBachelor’s DegreeTravelRequiredtrue

Vacancy posted 19 hours ago
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