Listening and watching to great music videos during your cooking or whilst relaxing on the sofa. XITE is an international music video platform that is now available in more than 100 million homes. XITE is a fast-growing company (€ 7,5 mln in 2020 and appr € 28 mln in 2023) with 85 FTE and based in Amsterdam. The company is now looking for a new Head of Accounting & Reporting.
Due to the continuous international growth, XITE is looking for a strong, pragmatic Head of Accounting & Reporting with the drive to contribute to the improvement and further development of the financial processes and tooling within XITE. In this position, you work closely with the CFO and the Director FP&A and will coordinate, coach and train the finance team (2 FTE, to be expanded). You are the go-to-person for internal colleagues on a broad range of financial topics, working closely with them to structure strong end-to-end processes and will be the liaison for external parties such as the accountants, tax authorities and other advisors.
As the Head of Accounting & Reporting you are responsible for the periodic financial closing and reporting for all group entities in the Netherlands, USA and Canada. You prepare the annual statutory reports, manage the audit and take care of (domestic and international) fiscal responsibilities.
Together with your team, you are responsible for the end-to-end accounting and reporting processes. This ranges from coordinating and reviewing the day to day accounting activities up to the month end close, intercompany reconciliation, (complex) accruals, cashflow management, monthly reporting and ultimately the financial statements. You do the first financial sanity check and analytical review of the P&L and balance sheet, investigate variances and underlying causes and discuss these with the Director FP&A and CFO.
Recently, XITE has implemented frameworks and controls to be ‘’audit-proof’’. A core focus in this role is optimizing the current financial processes and scalable structures. You review and optimize the existing end-to-end cycles, ensure a structured financial closing including audit documentation, monitor and improve Internal Controls in the core processes / systems and provide solid accounting advice to the Director FP&A and CFO. XITE is growing fast in various countries and on multiple platforms, with continuously new revenue streams. There is a challenging matrix structure of platforms, countries and music labels which require thorough accounting and reporting processes.
XITE is looking for a strong financial with a good technical background, strong communication and project management skills and a business minded approach. You are able to build strong relationships and can liaise with, challenge and motivate internal and external stakeholders.
“For this position we are looking for somebody with a “scale-up” attitude who is in it for the long term. We need somebody to be pragmatic, ambitious and professional. A grounded personality who can handle (conflicting) priorities and ad-hoc issues, while staying focused on the long term objectives. Somebody who takes ownership, combines a strategic view on Accounting & Reporting processes with pragmatic, workable day to day solutions. Someone who can further optimize scalable and audit-proof structures, while working closely with the business to ensure strong end-to-end processes.”
It’s our mission to share our passion for music videos with the world and invite people to experience music beyond listening: to see music.
XITE is dedicated to building the best music video experience in the world. Based in Amsterdam, XITE now reaches 100 million households across multiple territories through linear networks, interactive TV apps and on-demand streaming services. The company revolutionized the way audiences experience music videos by allowing viewers to search, like and skip through its entire catalog, enjoy channels curated by its team of music experts and create their own channel based on a genre, decade, style or mood using its unique Mixer feature. XITE has a full music video catalog through agreements with all major and top independent music labels and distributors, and works to expand this offering every day.
Here at XITE we make sure you’re taken care of by providing you the opportunity to develop your career in a young, fast growing and international company. We provide a challenging work environment where you have a lot of autonomy and flexible working hours. We don’t hire assholes! All XITE’ers are different and authentic in their own way, but we all have kindness in common, as well as professionalism and an optimistic attitude. Let’s not forget - we have a passion for good music and good food. That’s why we have chef prepared lunches, Friday afternoon drinks and rooftop parties!