Royalties Business Manager

Armstrong Knight Ltd; Ilford; On-site; GBP 30,000 - 40,000; Full time

Job summary

A dynamic client-focused consultancy in the UK seeks a Business Manager to handle bookkeeping and royalty account management for clients in the music and entertainment industry. The role requires AAT qualification or relevant experience, and proficiency in QuickBooks and Xero is a plus. Ideal candidates will have strong attention to detail and a proactive approach to client communication.

Qualifications

• Experience in servicing music and entertainment clients.
• Knowledge of VAT rules, accounts, tax, payroll, and royalties.
• Ability to manage bookkeeping and business affairs for clients.

Responsibilities

• Create and maintain royalty accounts.
• Prepare and review royalty statements.
• Undertake day-to-day bookkeeping for clients.

Skills

Attention to detail

Organizational skills

Communication skills

Initiative

Education

AAT qualified or relevant experience

Tools

QuickBooks

Xero

Job description

Social network you want to login/join with:

Working with a fun, fast paced and dynamic team you will undertake day to day support for an exciting portfolio of clients within the music/entertainment sectors. Typical client base includes; Recording Artists, Touring Artists, Songwriters, Music Producers, Artist Managers, Booking Agents, Recording Studios, Record Labels, Music Publishers, Music Merchandisers, Creative Design Agents, Authors, Actors, Social Media & TV Presenters.

Key Responsibilities

• Creating and maintaining royalty accounts
• Preparation, review and completion of royalty statements
• Review and analysis of contracts.
• Facilitating the payment of royalties to artists and other recipients in a timely manner.
• Researching historical royalty payments in response to client queries.
• Assist on any other royalties projects as and where needed

Business Management

• To undertake day to day bookkeeping and business management for a portfolio of clients.
• Assist with the handling of the portfolio’s financial and personal affairs, whilst meeting the needs and client’s expectations.
• Processing sales invoices, receipts and payments.
• Completing and filing of client VAT Returns and EC sales lists.
• Identifying issues and resolving.
• Liaising directly with clients and suppliers on queries to ensure timely completion and a professional manner.
• Providing credit control services for client portfolio.
• Preparing client cash flow reports and forecasting.
• Tour accounting including preparing reports for tour support, 360 commission and other reports in respect of mitigating withholding taxes
• Preparing monthly management accounts.
• Dealing with financial paperwork and responding toHMRCqueries.
• Settlement of all client invoices and tax liabilities to meet deadlines.
• Preparation of UK Certificates of Residence,A1’sand international withholding tax forms.
• Direct client facing role that requires a confident and professional approach to client servicing.
• Knowledge of Payroll and Pensions required as Business Manager would need to liaise with the client on a monthly basis to ascertain changes needed.

Your Experience

• Prior experience working within an environment servicing music and entertainment clients.
• Previous experience with software packages including Quick Books andXeroare a bonus.
• AAT qualified and/or suitable/relevant book-keeping/business management experience.
• Knowledge of VAT rules, Accounts, Tax, Payroll and Royalties desirable.
• Royalties analysis
• Strong attention to detail.
• Highly organised.
• An excellent self-starter that demonstrates initiative but also a team player who has the ability and desire to support other members of the team.
• Confident approach to client communications.
• Takes responsibility for the quality and accuracy of his/her work, with a clear understanding of what and when to flag issues or gather further information on queries from colleagues or the client directly.