![]() Work in an environment with a group of highly motivated individuals who are passionate about Spotify’s success.Drive process efficiencies through automation and delivery of data pipelines to enable self-service reporting and analytics.Partner with accounting team members to define requirements for ad hoc data analysis and reporting, working independently and as a team to propose and implement solutions.Work with large data sets, solving complex problems in a fast-paced and dynamic environment.Work with a cross-functional team of data analysts, engineers, and accountants to maintain and develop systems and processes to support accurate financial reporting.Above all, your work will impact the way the world experiences music. We help to communicate technical and business requirements between internal and external stakeholders and serve as subject matter experts for accounting data. “New York city is our home in the U.S.,” a Spotify spokesperson tells Billboard, “and we’re happy to be building out the team here at 4 World Trade.The Royalties & Accounting Data team at Spotify enables our Finance & Accounting teams through data insights, automation solutions, and ad hoc reporting. But with a current valuation of $8 billion and studies showing the streaming service is accruing subscribers faster than Apple, to the point that it now accounts for 43 percent of paid subscribers worldwide (according to research firm MIDiA), the company may be on the path to profitability which will help it in its quest for an IPO, reportedly due to happen either this year or in 2018. In 2015, the last year for which revenues numbers were available, Spotify lost $200 million on $2.2 billion in revenue. Along with the concentration of media firms already here, and the forthcoming Performing Arts Center, Spotify’s move is going to jump-start the growth of a vibrant local entertainment scene in Lower Manhattan.” “It’s also big news as it means leasing at 4 WTC is now complete. It ups the cool factor in Lower Manhattan and boosts the neighborhood’s cultural cred,” said Jessica Lappin, the group’s president. “Today’s Spotify announcement is music to our ears. The news has been met with praise by Downtown Alliance, one of the city’s largest business improvement district organizations. ![]() Spotify will receive rent reduction incentives amounting to $11 million over the course of a decade, according to Howard Zemski of the Empire State Development Corporation, who was also on hand and had a fun time ribbing Cuomo on his pop-centric song choices for a Spotify playlist that was revealed and which included: Jay-Z and Alicia Keys‘ “Empire State of Mind,” “Grenade” by Bruno Mars, Tom Waits‘ “Downtown Train,” Tony Bennett and Lady Gaga‘s version of “Cheek to Cheek” and, perhaps predictably, no less than four Billy Joel songs including “New York State of Mind” among others. “I hope that Spotify’s expansion send a message to the tech community that NYC is open for business.”īillboard Power 100's New No. ![]() “We will bring more diversity and a whole lot of music to the area,” he said, telling reporters that the jobs will be in fields like engineering, marketing and all other areas of the service. Spotify’s general counsel, Horacio Gutierrez, said the company “did consider a number of options” from other states, but ultimately decided to stay - and more than double its work force - in NYC. I was on Spotify as a member before any of this by the way.” They could’ve gone anywhere… a very hot and cool company. He added, “We are now prepared to compete. The decision by Spotify “adds a growing dimension to downtown,” said Cuomo. The Swedish music streaming service will be leasing 400,000 square feet in the tower, whose tenants have included Hudson River Trading, Zurich, PadillaCRT, Syntactx, Dixon Hughes Goodman LLP and Silver Suites Offices. Governor Andrew Cuomo said in a press conference that 832 current jobs will also be saved by Spotify’s decision to stay in the city, where it is currently based in the Chelsea neighborhood. ![]() headquarters, announcing on Wednesday that it will move to 4 World Trade Center in lower Manhattan and bring with it over a “thousand new employees” to the Empire State. Spotify is committing to New York City as its U.S. ![]()
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