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Senior Financial Liaison for Clients

2 months ago

London, Greater London, United Kingdom Wasserman Full time

Wasserman stands as a premier authority in the realms of sports, music, entertainment, and culture. Established in 2002, Wasserman is proud to represent numerous iconic figures in sports and entertainment, along with esteemed musical artists, brands, and properties, empowering them to influence culture and engage audiences globally.

Wasserman Music comprises a dedicated, seasoned, and entrepreneurial team of agents and music enthusiasts. Our worldwide team of distinguished tastemakers and long-term artist development strategists is committed to building substantial careers from the ground up. We possess a robust infrastructure, an inclusive culture, and a comprehensive suite of resources and capabilities to guarantee the success of our clients across the globe.

We are in search of a Senior Client Accountant. This position is chiefly accountable for managing the financial components of our clients' tours within the agency. The responsibilities of this role encompass, but are not limited to, ensuring the precision of all settlement details (compensation, withholding tax, deductions) and serving as the intermediary between our agents, clients, and clients' business managers to guarantee timely settlements for all tours.

Key Responsibilities

  • Thoroughly verify settlement details for all shows/tours, ensuring that the artist received full compensation for the show/tour – whether through funds allocated to the agency, funds directed to the artist, or a combination of both, and process any necessary refunds due to cancellations.
  • Confirm and document applicable deductions and/or withholding tax that occurred at the source.
  • Evaluate and compute Wasserman Music's obligation to withhold non-resident withholding tax.
  • Review and chargeback any expenses as necessary.
  • Prepare and manage tour statements from inception to completion – Submit initial drafts for approval and follow up on subsequent reviews/changes from the artist's management team. Address any issues or discrepancies to ensure balanced records for Wasserman Music and clients. Dispatch statements to clients and collect funds owed to Wasserman Music.
  • Conduct financial analysis for all artist advances and/or loan requests and oversee the distribution and repayment of approved advances/loans.
  • Provide oversight and support for junior staff members.
  • Assist in identifying and categorizing funds as required.
  • Uphold the highest standards of financial confidentiality for artists.
  • Undertake additional tasks and responsibilities as assigned.

Qualifications

  • Experience in live events/touring is advantageous.
  • A degree in Accounting/Finance or equivalent experience is preferred.
  • Exceptional communication skills (oral, interpersonal, and written).
  • Ability to prioritize tasks and meet deadlines effectively.
  • Proven capability to troubleshoot and proactively anticipate potential issues, swiftly determining appropriate next steps.
  • Meticulous attention to detail is essential.
  • Ability to perform effectively in a fast-paced work environment.