Finance & Royalties Accountant - Ceremony of Roses London, England

Sony Music Entertainment (UK) Ltd.; London; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading music company in London is seeking a Financial Accountant to manage artist royalty reports and support financial operations. The role involves preparing statements, maintaining databases, and collaborating with internal teams. Ideal candidates will possess strong organizational skills and experience in royalty accounting, with proficiency in SAP and MS Excel. The position offers excellent benefits, fostering a diverse and inclusive work environment.

Benefits

Private medical cover

Pension scheme

Life assurance

Music industry perks

Qualifications

• Experience with profit share and JV accounting.
• Able to manage financial operations and client relations.
• Strong analytical skills to review financial statements.

Responsibilities

• Prepare and distribute artist royalty statements.
• Maintain an organized database of royalty schedules.
• Coordinate with international affiliates on royalty settlements.

Skills

Communication skills

Organizational skills

Problem-solving

P&L and royalty accounting

SAP experience

MS Excel proficiency

Tools

SAP

B pack

Concur

Job description

Overview

London, England

Ceremony of Roses UK & Probity together form the UK & European merchandise arm for Sony Music UK and global Sony Music merchandise group, Ceremony of Roses. This role, along with the other 4 members of the finance team, will look to service the operations of both companies contributing to the continued growth and success. You'll work closely with the business to form an in depth understanding of the merchandise process across all channels.

We are seeking a talented Financial Accountant to assist in the preparation & reporting of artist royalty statements across all revenue channels (E-commerce, Retail, Licensing & Touring) for UK merchandise companies, Ceremony of Roses & Probity. You will be able to build close relationships with the business and gain a deep understanding on both the performance and operations of two fast growing companies.

What you'll do

As the primary point of contact for UK merchandise artist royalty reporting, you will be responsible for preparing client-facing royalty statements on a quarterly basis and upon completion of artist tours. Once statements are approved, you will manage their distribution to clients and ensure timely follow-up for invoicing and payment settlement.

Key responsibilities

• Ensuring all royalty statements are delivered to artists in accordance with their contractual deadlines
• Maintaining an organised and up-to-date database of royalty statement schedules across all relevant channels
• Reviewing artist contracts to ensure accurate and compliant royalty accounting
• Performing analytical reviews to identify and investigate financial irregularities, and seeing them through to resolution
• Coordinating with affiliate companies in non-UK territories to support international royalty settlement reporting in line with contractual deadlines
• Responding promptly to ad hoc requests, including the preparation of provisional royalty statements
• Building strong working relationships with internal teams to support efficient and accurate royalty reporting
• Touring Profit Share Calculations
• Retail & Licensing Quarterly Statements
• E-comm Quarterly Statements
• Day to day financial operations

Other responsibilities

• Assist with revenue recognition for retail & licensing
• Liaise and support AP & AR teams to action client requests and monitor AP & AR ledgers as part of month-end process
• Assist in statutory audit requests
• Assist with E-Commerce sales & costs month-end tasks
• Day to day admin assistance and systems support to the business e.g. B pack, Concur, SAP and cash allocation

Who you are

• High level of communication, organization & planning to ensure deadlines are met
• Taking ownership of role & tasks with ability to problem solve
• Profit Share, JV Accounting, P&L and/or royalty accounting experience
• Experience with SAP, highly skilled in MS Excel and have a solid proficiency in other MS applications
• Able to review current processes and propose efficiencies

What we give you

• You join a vibrant global community with the opportunity to channel your passion every day
• A modern office environment designed for you, empowering you to bring your best
• Investment in your professional growth and development enabling you to thrive in our vibrant community
• The space to accelerate progress, positively disrupt and create what happens next
• We give you the platform to champion positive change, with the opportunity to contribute to our social impact, diversity, equity and inclusion initiatives
• We provide an excellent range of benefits like private medical cover, a generous pension scheme, life assurance, income protection, plus loads of music industry perks. There's also time off over winter break

As an active part of a culturally and socially diverse society, Sony Music's aim is that our workforce is diverse and inclusive. Sony Music is an equal opportunity employer and supports workforce diversity.

We employ, retain, promote and otherwise treat all employees and job applicants according to their merit, qualifications, competence and talent. We apply this policy without regard to any individual's sex, race, religion, origin, age, sexual orientation, marital status, medical condition or disability.

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Please note that applicants must be at least 18 years of age.