Logo
Create Music Group

Senior Manager, Treasury

Create Music Group, Los Angeles, California, United States, 90079

Save Job

Established in 2015, Create Music Group is a leading music and entertainment company. The company operates as a record label, distribution company, and entertainment network which generates over 15 billion music streams each month on DSP’s. Named #2 on the Inc 5000 Fastest Growth Companies in America in 2020, the company has grown exponentially by leveraging its owned IP with its media and technology platform. The company works with superstar artists, major and independent record labels, and global media brands. It operates a number of companies including Label Engine, one of the largest independent music distribution platforms in the world, with over 75,000 artists and 5,000 label clients; and Flighthouse, a digital entertainment brand focused on Gen Z, which has more than 300 million followers across social media. Create Music Group is based in Hollywood, CA and has 350 employees worldwide.

Job Summary We are seeking a strategic and hands-on Senior Manager, Treasury to own and evolve our global cash management and treasury operations in a dynamic, multi-entity, multi-currency record label environment. This role is critical to translating forecasted financial performance into actionable cash insights, ensuring liquidity, covenant compliance, and strong banking partnerships as the company scales.

This role reports into the head of FP&A and you will partner closely with FP&A, Accounting, Legal, and senior Finance leadership, and will be the primary owner of our cash forecast and external banking relationships. The ideal candidate is both analytically strong and operationally disciplined, with the ability to connect projected financials, debt structures, and working capital dynamics to real-time cash decision-making.

Responsibilities Cash Forecasting & Liquidity Management

Partner with FP&A and Accounting to translate projected financials (P&L, balance sheet, working capital, investments, advances, and debt service) into short-, medium-, and long-term cash forecasts and present weekly forecast

Own daily, weekly, and monthly cash positioning across all entities and currencies, ensuring accuracy, visibility, and timely execution

Design and maintain rolling cash flow forecasts that support operating decisions, capital allocation, and downside/upside scenario planning

Banking & Treasury Operations

Own and operate all global banking relationships, serving as the primary point of contact for banks across operating, investment, credit, and FX activities

Operationalize banking workflows, including payments, collections, intercompany funding, sweeps, and liquidity structures

Evaluate, onboard, and integrate new banking partners and products as business needs evolve

Oversee account structures, signatory management, KYC processes, fees, and banking controls across jurisdictions

Debt, Covenants & Capital Structure

Partner with Finance, Accounting, and Legal to monitor and clearly communicate the company’s cash position relative to debt covenants and liquidity requirements

Own monthly and quarterly covenant calculations, compliance reporting, and lender deliverables

Support capital structure initiatives, including debt issuance, refinancing, repayments, and related analysis

Act as a key liaison with lenders, trustees, and advisors, ensuring transparency, accuracy, and credibility in all treasury-related communications

Forecast, quantify, and explain FX exposures across global entities and revenue streams

Implement and manage FX policies and strategies to mitigate risk while supporting operational flexibility

Partner with Accounting and FP&A to ensure alignment between FX impacts on cash, earnings, and balance sheet

Music, Royalty & Advance-Driven Cash Dynamics

Own cash visibility related to artist advances, recoupment schedules, royalty payments, and participation statements, ensuring liquidity planning reflects timing mismatches between payouts and collections

Partner with FP&A, Accounting, and Royalties teams to model and forecast advance-funded investments, milestone payments, and long-tail royalty obligations into rolling cash forecasts

Assess the cash impact of new artist deals, catalog acquisitions, and distribution arrangements, including upfront advances, minimum guarantees, and ongoing participation structures

Systems, Controls & Process Improvement

Implement, optimize, and scale a Treasury Management System (TMS), ensuring integration with ERP (e.g., NetSuite) and banking platforms

Drive automation, data integrity, and standardized treasury workflows across entities

Establish and maintain treasury policies, procedures, and internal controls aligned with best practices

Continuously identify opportunities to improve efficiency, reduce risk, and scale treasury operations in line with growth

Compliance & Cross-Functional Collaboration

Ensure compliance with all relevant domestic and international treasury regulations, including OFAC, AML, and local banking requirements

Partner with Legal and Tax on cross-border cash movements, intercompany funding, and efficient global cash repatriation strategies

Build strong relationships across Finance and the broader organization to support cross-functional initiatives and ad hoc strategic analyses

Other duties as assigned

Qualifications

Bachelor’s degree in Finance, Accounting, or a related field; CTP or MBA preferred

7+ years of progressive treasury or corporate finance experience

Strong experience translating financial forecasts into cash flow and liquidity insights

Proven success leading process transformation and scaling treasury operations

Demonstrated ownership of global banking relationships and multi-entity cash operations

Strong knowledge of global banking platforms, intercompany cash management, and FX exposure management

Solid understanding of debt structures, covenant compliance, and lender reporting

Strong understanding of global treasury regulations and cross-border compliance

Experience managing FX exposure in a multi-currency environment

Hands-on experience with Treasury Management Systems (e.g., Kyriba, Reval) and ERP systems such as NetSuite

Strong Excel and financial modeling skills; comfort working with complex data sets

Proven ability to build scalable processes and improve controls in a high-growth environment

Exceptional analytical, communication, and stakeholder management skills

Experience in high-growth, entertainment, media, or technology companies is a plus

Ability to thrive in a fast-paced, evolving organization with a hands-on mindset

Pay Scale

$150,000 - $170,000 per year

The final compensation within this range will be determined based on the candidate’s experience, skills, and overall fit for the role.

In accordance with the Los Angeles County Fair Chance Ordinance, we will consider employment for qualified applicants with criminal histories. We evaluate candidates based on their qualifications and the nature of the offense in relation to the job for which they are applying.

#J-18808-Ljbffr