Head of Finance - Music

Location
England, London
Salary
£70000.00 - £80000.00 per annum + Bonus + Package
Posted
21 Jun 2021
Closes
28 Jun 2021
Ref
BBBH89648
Contact
Tom Chadwick
Job Title
Head of Finance
Contract Type
Permanent
Hours
Full Time

Head of Finance - Music

Highly successful record label are looking for a qualified ACA, CIMA or ACCA Head of Finance with at least 5 years PQE to lead the finance department. Reporting to the CEO, this hands-on role will be focussed on leading the finance team which manages a group of music-based companies including recording and publishing.

Regular interaction with non-financial staff throughout the business is essential and so prior experience of business partnering and working within a music/media organisation is essential. Candidates should be able to demonstrate leadership skills as well as experience of working in the music industry.

Responsibilities include:

Month End

  • Managing a finance team of 4 to prepare accurate monthly management accounts for each group company
  • Ensure that timetable is met each month
  • Ensure accurate and timely preparation of accounts including key metrics along with consolidation for board level

Music Publishing

  • Business partner with the MD of the publishing business providing commercial insight into publishing business
  • Preparation of monthly management accounts along with key metrics to give insight into the business.
  • Annual budgeting and forecasting to support business decisions

Working Capital Management

  • Supervision and review of accounts payable and accounts receivable
  • Authorisation and approval of payment runs
  • Producing weekly cashflow forecasts
  • Managing the treasury affairs including minimising forex exposure
  • Ensuring each group company keeps to annual cash budget

Audit

  • Managing the annual audit process
  • Ensuring all schedules are produced accurately and support final TB
  • Preparation of annual Statutory Accounts with supporting schedules

Other

  • Implementation of new accounting system, possibly SAP Business One or similar; to maintain relationship with external software providers; to be committed to system integrity and its continuous development
  • Lead preparation of annual budget and business plan
  • Manage relationships with key external stakeholders e. Bank, auditors and tax authorities

Prolfile

  • ACA, CIMA, ACCA qualified accountant ideally with 5 years PQE
  • Must come from a music background, ideally with experience of recorded music and music publishing.
  • Must have the ability to concisely communicate financial information to a broad audience including senior and non-financial colleagues
  • Have an eye for and a comprehensive understanding of "the detail", but hold the ability to crystalise it into a coherent message or story
  • Must be open, approachable and visible in his or her approach
  • Must be a process champion ensuring financial and operational controls are followed
  • Must be committed to learning and innovating, delivering new and interesting ways to report "the numbers"
  • Excellent excel skills, SAP Business One or similar ERP system experience useful
  • Experience in using BI or report writing tools is desirable
  • Experience in using Xero or Access Dimensions beneficial

Handle actively welcomes applicants from under-represented backgrounds

PLEASE NOTE: Due to the high volume of applications we receive we are unable to respond to everyone. If you have not heard from us within 5 working days of sending your CV then unfortunately you have not been shortlisted for the position you have applied for.