Financial Controller

elasticStage; United Kingdom; On-site; GBP 50,000 - 90,000; Full time

Job description

We are seeking a Financial Controller to help us redefine the music industry. The company has invented a new technology to produce on-demand vinyl records and built a web platform for music creators to create and sell their products worldwide via our store at zero cost. We are working with the leading record labels, streaming services, digital service providers, distributors, and iconic global artists who are keen to partner with us to build a global solution for physical media. But most of all, we would also like to give small artists and artists at the beginning of their careers frictionless access to offer vinyl and CD to their fans via our innovative solution and planned production/fulfilment centres in Europe, USA and Asia.

The vinyl market has been growing on average more than 20% yearly over the last 16 years, and even CDs are growing for the first time in two decades. Over 30 million creators are releasing their music online today, and they are growing 30% a year. They represent the fastest-growing music segment. Most of them would like to have their music on vinyl or CD for their friends & family and especially their fans. elasticStage will provide them with easy and affordable access via its unique and scalable on-demand tech.

This is an exciting opportunity for a Financial Controller to oversee the financial operations of elasticStage. This role is crucial in ensuring financial health, compliance, and strategic planning as we continue to grow. The ideal candidate will have strong analytical skills, attention to detail, and a proactive approach to financial management.

Note: Applications for this role will close on 19th March. Candidates will be contacted shortly after the closing date.

Key Responsibilities

• Oversee all accounting operations, including accounts payable, accounts receivable, and payroll.
• Prepare and analyze financial statements, ensuring accuracy and compliance with accounting standards.
• Develop and maintain financial policies, procedures, and internal controls to safeguard company assets.
• Manage budgeting, forecasting, and financial planning processes to support business objectives.
• Monitor cash flow, financial risks, and cost control strategies to optimize company performance.
• Ensure compliance with tax regulations, audits, and financial reporting requirements.
• Provide financial insights and recommendations to senior management for strategic decision-making.
• Lead and develop the finance team, fostering a high-performance culture.
• Collaborate with external auditors, tax advisors, and regulatory bodies as required.
• Utilize financial software and tools to enhance reporting and efficiency.

Requirements & Qualifications

• Bachelor's degree in Finance, Accounting, or a related field (CPA, ACCA, or CIMA qualification preferred).
• 5 years of experience in financial management.
• Strong knowledge of GAAP/IFRS, tax laws, financial regulations, and experience with R&D tax credits.
• Experience with year-end accounting procedures, compliance requirements and liaising with auditors.
• Proficiency in financial software (e.g., SAP, QuickBooks, Xero) and advanced Excel skills.
• International experience or working in a global environment.
• Strong leadership, analytical, and problem-solving abilities.
• Excellent communication skills, able to present financial insights to stakeholders.
• Music industry experience and familiarity with royalties and copyright would be an advantage.
• Startup or fast-growing environment experience is a plus.

Benefits

• Industry-Leading Salary Package: Enjoy a highly competitive salary package that rewards your expertise and hard work.
• Generous Paid Holiday: Take advantage of 25 days of paid holiday to relax and recharge.
• Comprehensive Pension Scheme: Secure your future with our robust pension scheme.
• Convenient On-Site Parking: Benefit from hassle-free on-site parking.
• Cutting-Edge Tech Office Environment: Work in a modern, tech-driven office environment equipped with the latest tools and technology.
• Medical Insurance: Protect yourself with our comprehensive medical insurance plan.
• Free Snacks and Beverages: Enjoy free snacks and beverages to keep you energised throughout the day.

Work Location

• Enjoy a hybrid work model with the flexibility to work from home while spending at least two days a week in our vibrant Elstree office (WD6).