Senior Finance Manager FP&A - Music
Handle Recruitment
- London
- £65,000-73,000 per year
- Permanent
- Full-time
- Build strong relationships with Product Managers, A&R, Legal, and Royalties teams. Provide insights to control costs and maximize profits for key releases.
- Offer financial insights to explain P&L performances and influence decision-making.
- Oversee financial management and reporting for BMG's UK frontline releases, covering three legal entities.
- Work closely with creative teams to forecast key release projects and understand budget variances.
- Build relationships with product managers, challenge decisions, highlight variances, and communicate value-adding ideas.
- Produce regular reports on key releases for senior management at UK and Group levels.
- Interpret, explain, and drive business performance.
- Identify trends and budget variances, generate month-end reports, and provide commentary for senior staff.
- Prepare annual budgets, rolling forecasts, and long-range projections based on actuals and industry trends.
- Develop scenario planning capabilities to test strategic, tactical, and operational decisions.
- Ensure accurate accounting of revenue and costs for BMG's Frontline Masters business.
- Produce accurate monthly P&L reports using SAP for frontline management.
- Reconcile key balance sheet balances, including artist ledger, royalty, and copyright accruals and prepayments.
- Manage direct reports by providing feedback, allocating tasks, and enhancing workflow efficiency.
- Ensure timely completion of goal setting and performance reviews.
- Oversee, review, and sign off on direct reports' work.
- Qualified Accountant (ACA, CIMA, ACCA) with significant post qualified experience of FP&A, Business Partnering and month end reporting.
- Advanced Excel skills.
- Strong analytical and data interpretation skills.
- Excellent communication (verbal and written) skills with finance and non finance teams and senior stakeholders.
- Ability to read P&L and be able to pick out key variances.
- Experience of working with royalties, recoupment and advances.
- Team Player.
- Ability to coach and work with more junior members of the team.
- Comfortable working in a fast paced changing environment.
- Ability to prioritise and multi-task.
- Service orientated and takes pride in customer/in house clients service.
- Approachable and able to build rapport with wider business.
- Critical thinker and driven to get under the root cause of the problem and issues.
- Ambitious and motivated.
- Diligent, conscientious, proactive and flexible.
- Previous experience working in a similar role with the Music Industry.
- Experience of working with SAP and database systems such as Power BI.
- Always seeks continuous improvements.