Project Manager - Royalties / Finance

Penguin Random House; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a highly organized Project Manager to lead a critical Royalties and Finance Integration Project. This role offers an exceptional opportunity to drive strategic initiatives in the music industry, ensuring quality financial information and effective project delivery. You will collaborate with cross-functional teams, manage project timelines, and implement innovative solutions to enhance processes. Join a forward-thinking company that values diversity and offers a supportive work environment, where your contributions will significantly impact the evolution of finance and royalties in music. If you are passionate about project management and want to make a difference in the music world, this is the perfect role for you.

Benefits

25 days annual leave

Flexible working opportunities

Subsidised gym membership

Private Health Insurance

6 months fully paid parental leave

Annual gig allowance

Artist showcases

Cycle to work scheme

Season Ticket Loan

Workplace Nursery Scheme

Qualifications

• 5+ years in project management, ideally in music finance.
• Qualified accountant with experience in royalties and finance.

Responsibilities

• Lead the Royalties/Finance Integration Project team.
• Coordinate activities across functions to resolve project issues.
• Manage communication and reporting with stakeholders.

Skills

Project Management

Financial Analysis

Communication Skills

Problem Solving

Analytical Skills

Organizational Skills

Interpersonal Skills

Education

Qualified Accountant

Experience in Music Finance

Tools

SAP

Job description

As the great Kurt Cobain* once said, “Come as you are.” BMG is committed to providing equal employment opportunities and we celebrate diversity in all forms. Equal opportunity runs deep in our core value of fairness and we are determined to create a truly inclusive work environment, where everyone can flourish. If you’re good at what you do, come as you are.

All applicants to BMG will receive equal treatment regardless of age, disability, gender identity or expression, marital or civil partner status, pregnancy or maternity, race, color, nationality, ethnic or national origin, religion or belief, sex or sexual orientation. *BMG is the proud representative of Kurt Cobain’s publishing catalogue, including the 1992 single ‘Come As You Are’

Project Manager - Royalties / Finance Project (18m FTC)

We are seeking a highly organised and delivery-focused accountant to lead our Royalties / Finance Integration Project team, which is a key strategic, Global Board sponsored project. The role will be responsible for managing the UK Pilot project, ensuring the project is delivered in time and within scope and leading the team of professionals. An exceptional opportunity for an individual who is passionate about quality financial information in the music industry, who is ready to contribute to the evolution of our royalties and finance processes.

Key Responsibilities

Project Management & Strategic Execution:

• Serve as the primary point of contact for project.
• Work with external consultants on project plans, clearly outlining timelines, milestones, and deliverables while ensuring resources are allocated appropriately.
• Lead the planning and implementation of the project through to Go Live, ensuring it meets business requirements and is delivered on time.
• Lead the project team, assign tasks, and foster effective collaboration.
• Build relationships and maintain ongoing communication with global team, IT, SAP team and royalty department, to ensure alignment.
• Coordinate activities across multiple functions to advance project tasks and resolve operational roadblocks.
• Collaborate cross-functionally with finance, royalties, SAP, and IT teams to gather requirements, identify risks, and implement effective mitigation strategies.

Problem Solving:

• Understand and address issues in accounting for royalties in SAP and in Royalties system, including recoupable costs, recoupment, accruals, suspense and error.
• Understand the month close process for Recorded Music, Publishing and Neighbouring Rights and co-ordinate the re-design, in order to achieve the project goals.
• Address problems promptly, finding and implementing effective solutions.
• Identify areas within the project scope for increased automation and use of A.I. to drive efficiency.
• Assist in the migration and reconciliation of royalty data in SAP and between systems, ensuring proper data formatting and alignment with royalty systems and in line with project strategy.

Testing:

• Manage E2E testing of key systems and processes including managing and understanding results and impact on overall project strategy.

Training and Knowledge Sharing:

• Work with External Consultants to develop and deliver comprehensive training to staff on new systems and protocols for project Go Live.
• Work with External Consultants and wider Project Team to deliver quality process documentation.
• Work with External Project Consultants to identify potential risks and blockers, and implement strategies to mitigate them.

Communication & Reporting:

• Maintain clear communication with stakeholders, including team members, and senior management, to keep everyone informed of project progress.
• Regularly report on project progress to internal stakeholders.
• Work with External Consultants to prepare and present reports on project progress, resource utilisation, and final outcomes.

Quality Assurance:

• Ensure the project meets quality standards and stakeholder requirements.

Your Profile

• 5+ years of experience as a Project Leader or similar role in project management.
• Qualified Accountant working within a Music Finance and Royalties at a senior level.
• Understanding of Recording and Publishing contracts.
• Understanding of music royalty systems and issues.
• Excellent organisational and multi-tasking abilities.
• Proficiency in project management.
• Strong communication and interpersonal skills.
• Ability to work effectively under pressure and meet tight deadlines.
• Analytical mindset with a focus on identifying risks and devising actionable solutions.
• Competence in coordinating cross-functional teams to achieve common goals efficiently.
• SAP experience is advantageous but not essential.

Now, what's in it for you?

• 25 days pro-rated annual leave, plus 3 days between Christmas & New Year and an extra day for your birthday!
• Flexible working opportunities.
• Subsidised gym membership.
• Private Health Insurance.
• All parents, regardless of gender or sexual orientation, will receive 6 months of fully paid parental leave.
• Annual gig allowance.
• Artist showcases.
• Cycle to work scheme.
• Season Ticket Loan.
• Workplace Nursery Scheme.
• Access to our Employee Assistance Programme.
• Give As You Earn Scheme.
• A fun and sociable office environment.

Are you interested? Follow the link to apply!

Founded in 2008, BMG reimagined the relationship between music companies, songwriters, and artists by offering fairer contracts, greater creative freedom, and unparalleled transparency in royalties and licensing. Now the fourth-largest music company in the world, BMG combines human creativity with cutting-edge technology to connect music with global audiences.

With 20 offices across 13 key markets, BMG represents more than three million songs and recordings, including some of the most iconic catalogs and works from leading artists and songwriters such as The Rolling Stones, Tina Turner, George Harrison, Blondie, and more. BMG is wholly owned and privately held by the international media, services, and education company Bertelsmann, whose other content businesses include the entertainment company RTL Group and the trade book publisher Penguin Random House.

As a Disability Confident Committed organisation, we are dedicated to ensuring that candidates with disabilities are given a fair opportunity to demonstrate their abilities. Therefore, we guarantee an interview to applicants with disabilities who meet the essential criteria for the role. Please note – there may be exceptional circumstances where the volume of applicants means we cannot interview all eligible candidates. If you have any questions about the Guaranteed Interview Scheme or would like to confirm your eligibility, please reach out to us at [e-mail].