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Head of Finance and Accounting

2 months ago


London, Greater London, United Kingdom Music Week Full time

About Music Week: Music Week is a leading publication dedicated to the music industry, providing insights and updates on the latest trends and developments.

Position Overview: We are seeking a Finance Director to oversee and enhance the financial framework and reporting systems of our organization. This role is crucial in managing the daily, monthly, and annual financial operations.

The Finance Director will report directly to the CFO and collaborate closely with the executive team. This position offers a unique opportunity for an individual looking to advance their financial career in a dynamic and entrepreneurial environment.

Key Responsibilities:

  • Conduct accounting and financial operations in compliance with Generally Accepted Accounting Principles (GAAP).
  • Prepare and present monthly, quarterly, and annual financial statements, including Profit & Loss, Balance Sheet, and Cash Flow reports.
  • Perform financial analysis and provide strategic insights on organizational performance.
  • Review and manage budget and forecast projections for various projects and events.
  • Ensure accurate financial reporting for individual projects post-settlement.
  • Oversee the settlement and accrual processes for events.
  • Prepare for audits and implement necessary action points from internal audits.
  • Facilitate the transition from external accounting services to an in-house finance team.
  • Collaborate with global finance and IT teams to transition to new financial systems.
  • Establish robust financial controls to support the organization's growth.
  • Work with HR on annual budgeting, staffing protocols, and onboarding processes.
  • Coordinate with the Tax Compliance Department to ensure adherence to regulations.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field (CPA preferred).
  • Self-motivated with a disciplined approach to work.
  • Strong understanding of GAAP, financial reporting, and general ledger management.
  • Exceptional attention to detail and time management skills.
  • Proven experience in managing month-end, quarter-end, and year-end closing processes.
  • Excellent communication and analytical abilities.
  • Ability to foster strong relationships with management and contribute to business success.
  • Hands-on experience in all aspects of financial operations.
  • Experience in migrating accounting systems and implementing financial controls.
  • Adaptable to change and willing to drive improvements.
  • Minimum of 10 years of experience in financial analysis and accounting roles.
  • Experience in the music or entertainment industry is a plus.