Licensing Accounting Specialist - CASH APPLICATIONS

Broadcast Music, Inc.•Nashville, TN

3d•Hybrid

About The Position

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. 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.

Requirements

Associate’s degree in accounting or related field required. In lieu of degree, 4 years of equivalent work experience required.
Minimum 2 years of experience in cash applications, accounts receivable, or financial operations.
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.
Ability to work both independently and collaboratively within a team.

Nice To Haves

Experience in high-volume transaction environments preferred.
Experience with CRM and financial systems preferred.

Responsibilities

Applying lockbox receipts, remote deposits, wire transfers, and credit card payments.
Reconciling daily cash deposits and investigating discrepancies as needed.
Collaborating with team members to ensure timely and accurate processing of fee adjustments, write-offs, refunds, and other account transactions across all Licensing markets.
Processing, reviewing, and imaging report forms in accordance with established procedures.
Performing daily reconciliation of CRM system to the general ledger as assigned.
Supporting month-end close activities as assigned, including preparation and distribution of monthly statements.
Troubleshooting system and transaction issues, escalating when appropriate.
Participating in system testing to support enhancements and process improvements.
Responding to internal and external customer inquiries within established service level expectations.
Assisting with special projects and process improvement initiatives.
Performing additional duties as assigned.
Regular attendance.
Supports BMI Core Values and cultivates a culture of diversity and inclusion.

Benefits

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