Head of Finance

Remote / Austin /
Operations /
Full Time
Are you passionate about fixing the music industry?
Only 12% of recorded music revenue goes to artists, and 0% goes to fans. The rest is taken by intermediaries like record labels, publishers, tech platforms and lawyers.

Royal is enabling artists to sell ownership in their music to fans instead of corporations, building a deeper connection and allowing fans to succeed alongside them. Fans earn a share of the royalties, which grow as the artist grows in popularity. And artists can offer owners special perks and access that become more treasured as they grow in popularity.

Royal is looking for an experienced head of finance who is interested in music, crypto/web3, and building out an elite finance practice and organization for a Series A+ company growing quickly in a space with quickly evolving regulations.

We have raised $70 million from world-class angels and musicians with rounds led by Andreessen Horowitz (a16z), Founders Fund and Paradigm.

Responsibilities

    • FP&A: Partner with leaders across the company to develop the "company equation". Build out accurate forecasts and financial models to inform budgeting, headcount planning and goal setting.
    • Accounting & tax: Oversee the accurate and appropriate managerial and financial accounting across USD and crypto operations. Oversee tax compliance. Partner with other teams to automate or outsource low-value and high-volume accounting work.
    • Treasury: Establish and oversee our corporate treasury program, creatively optimizing yield without taking on risk
    • Controls: Establish appropriate financial controls across the company and create appropriate policies for employee spending
    • Compliance: Partner with our legal & product teams to ensure compliance with a focus on money transmission, and KYC, AML & OFAC requirements

What will make you successful?

    • You are curious. You are excited to establish playbooks in the new web3 world, where norms and best practices may not always exist.
    • You see around corners. You know when to implement, and when to innovate. You lead teams through the stages of hyper-growth. You know where process helps and hurts. What risks need to be proactively addressed, and when to let small fires burn.
    • You optimize for impact. A-players want to work with you. You believe in a highly leveraged employees over building the largest supportable headcount.


------------------

Royal has an office in Austin, TX and employees located throughout the United States. We value diversity on our team reflecting the diversity of music.

Royal is well capitalized from leading venture firms Founders Fund, Paradigm, Andreessen Horowitz (a16z), Atomic and a long list of top investors and artists. We're crypto natives who have built top consumer tech product, with leaders from Instagram, Youtube, Opendoor, Cooley, Andreessen Horowitz and other top technology and music companies. When we're not building we are musicians, producers, DJs and visual artists. Our co-founders:
Justin Blau performs as 3LAU and has issued over $20 million in music NFTs
JD Ross co-founded Opendoor (NASDAQ:$OPEN; $15B real estate tech startup) and was general partner at Atomic Ventures (co-founders of Hims & Hers + over a dozen startups)