Spotify

Senior Manager, Finance - IRL Ventures

Spotify$152K — $218K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years of experience in FP&A, Corporate Development, or Investment Banking.
  • Background in industries with physical operations (e.g., Real Estate, Hospitality, Retail, Entertainment) preferred.
  • Proficient in creating complex financial models.
  • Strong ability to influence senior stakeholders with data-driven narratives.
  • Experience in building processes in fast-paced environments.
  • Familiarity with automated reporting tools like Netsuite and Workday Financials.

Responsibilities

  • Lead the development of multi-year financial models for capital projects.
  • Analyze revenue drivers and cost structures to optimize unit economics.
  • Provide scenario analysis for strategic investment decisions.
  • Evaluate commercial structures and regional variables for market entry.
  • Establish reporting infrastructure for new initiatives to support decision-making.
  • Act as the finance lead for cross-functional teams across Spotify.

Benefits

  • Health insurance coverage.
  • Six-month paid parental leave.
  • 401(k) retirement plan.
  • 23 paid days off annually.
  • 13 paid flexible holidays.
Full Job Description
Spotify is looking for a seasoned Senior Manager to join our Finance team to support the evaluation and potential operation of new in person experiences. As Spotify continues to evolve beyond digital streaming, we are exploring initiatives that bridge the gap between our platform's global reach and the physical-world.

This is a "foundational" finance role responsible for building the investment models, unit economic frameworks, and operational governance for these new initiatives. You will partner with leadership and the business to produce scenario analysis and manage the financial lifecycle of infrastructure and operational investments.

What You'll Do

  • Modeling: Lead the development of multi-year financial models for capital-intensive projects, managing budgets and long-term recoupment cycles.
  • Unit Economics: partner with the business to determine the appropriate "Single Unit" P&L framework. Analyze revenue drivers (including secondary monetization streams) and cost structures to ensure investments meet IRR and cash flow targets.
  • Strategic Investment Appraisal: Provide financial partnership scenario analysis.
  • Market Entry Analysis: Partner with the business to evaluate commercial structures, and regional economic variables to optimize potential roadmaps.
  • Performance Governance: Establish the reporting infrastructure for these new initiatives, translating operations into clear financial narratives for leadership.
  • Cross-Functional Partnership: Act as the primary finance lead for a diverse team of operators across Spotify.


Who You Are

  • Experienced Finance Professional: 6+ years in FP&A, Corporate Development, or Investment Banking. Experience in industries with physical footprints (e.g., Real Estate, Hospitality, Retail, or Entertainment) is highly preferred.
  • Sophisticated Modeler: Can build dynamic models that handle complex variables like construction ramp-ups, negative working capital, and lease capitalization and distill models into key assumptions.
  • Trust builder: You have a "sharp eye for detail" along with the ability to influence senior stakeholders both in Finance and across Spotify through clear, data-driven narratives and investment cases.
  • Operational Mindset: You are comfortable navigating ambiguity and building processes from scratch in a fast-paced, flat organizational structure.
  • Systems familiarity: Comfortable automated reporting tools (Netsuite/Adaptive, Workday Financials) and an interest in leveraging AI to drive analytical throughput.


Where You'll Be

  • This role is based in New York, NY
  • We offer you the flexibility to work where you work best! There will be some in person meetings, but still allows for flexibility to work from home. We ask that you come into the office 2-3 days per week.
  • Working hours? We operate within the EST zone for collaboration.


The United States base range for this position is $152,981-$218,544 plus equity. The benefits available for this position include health insurance, six month paid parental leave, 401(k) retirement plan, 23 paid days off, 13 paid flexible holidays.

About Spotify

Spotify is a Swedish audio streaming and media services provider, launched in October 2008. The platform is owned by Spotify AB, a publicly traded company on the New York Stock Exchange since April 2018. Spotify's primary business is providing an audio streaming platform, with the company claiming that it had 345 million active monthly users and 155 million paying subscribers as of December 2020. Unlike physical or download sales, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the number of artist streams as a proportion of total songs streamed on the service. Spotify distributes approximately 70% of its total revenue to rights holders, who then pay artists based on their individual agreements. Spotify has faced criticism from artists and producers including Taylor Swift and Thom Yorke, who have argued that it does not fairly compensate musicians. Spotify has also faced criticism from artists and producers including Taylor Swift and Thom Yorke, who have argued that it does not fairly compensate musicians.
Learn more about Spotify
Size
3,456 employees
Industry
Founded
2006

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