Head of Cash

Paris, IDF, FranceFull-time

Company Description

We are music and tech fans hailing from all over the globe, working to make Deezer the most personal music streaming service. From data scientists to tech experts, artists & labels specialists to marketers, and even in-house music editors, our team is spreading the love for music to over 180 countries. Supporting local and international artists and bringing them closer to their fans is our mission - we believe music is about diversity, multiculturalism and togetherness. Ready to join the team? We're all ears.

Job Description

Context:

Reporting to the Group Accounting Director, you are responsible for the Treasury function and the Direct Revenue recognition at Group level. 

What you will do:

1.       Management

  • Management of 2 persons
  • Quarterly objectives and performance reviews
  • Regular training and assistance in relation to cash and accounting matters and dedicated IT tools

2.       Cash Management

  • Key contact to banks
  • KYC processes with banks
  • Weekly review of cash operations and bank balances
  • Loan and related interest booking
  • Foreign currency operation management and foreign currency risk exposure monitoring
  • Monitoring of the upload of foreign exchange rates in the accounting software
  • Review of monthly bank reconciliation
  • Monthly cash forecast
  • Monthly cash balance to reconcile with consolidated balance sheet
  • Monthly analysis of bank charges and foreign exchange gains and losses
  • Cash optimization
  • Fraud prevention and detection 

3.       Direct Revenue

  • Key contact to PSPs
  • Direct Revenue recognition on a monthly basis
  • Monthly reconciliation of cash received from PSPs and Direct Revenue recognized
  • Monthly analysis of PSP commissions
  • Working in close cooperation with other teams involved in the Direct Revenue cycle

4.       Other responsibilities

  • Monthly closing deadline compliance
  • KPI monitoring
  • Involvement in projects and process enhancement, such as the implementation of a cash management tool
  • Involvement in external audits
  • Contribution to strengthen internal control (procedure writing and implementation)

Above responsibilities are not exhaustive and may change depending on specific requests and the Group’s development.

Qualifications

What we are looking for:

  • You have a degree such as DSCG or Master in Accounting/Cash/Management, and you have a proven and minimum 10-year experience in an international and ideally listed group
  • You have used Sage FRP 1000 or an equivalent ERP in an international environment with several entities
  • You have a proven experience in managing a team
  • You work autonomously, in a highly rigourous manner, and you are a source of proposals and a team manager
  • You are organised and you can manage priorities and short deadlines
  • You can work on complex cash operations and schemes and prepare accounting entry templates, which will be used by your team and other accounting team members
  • You can work with other teams, in a fast moving and challenging environment
  • You have excellent communication skills
  • You are fluent in English and French

Additional Information

Life @ Deezer HQ :

  • Flexible working policy with up to 10 days/month remote work
  • Home of music : deezer premium family subscription offered, opportunity to attend private artists sessions, amazing deezer parties for employees
  • English or French language courses open to all
  • Gymlib partnership + gym room and yoga/pilates classes on site
  • Headquarters in the heart of Paris, at home vibe and rooftop with amazing city views
  • Cafeteria stocked with free drinks and snacks daily and weekly casual drinks
  • Hackathons & meetups

We are an equal opportunity employer.