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Financial Accountant - Royalties

Financial Accountant - Royalties

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Posted a day ago, valid for a day

London, Greater London W2 2HB, England

Full Time

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Sonic Summary

The Financial Accountant (Royalties) position offers a salary range of £65,000 to £75,000 and is based in London with a hybrid work model.
This role is ideal for a qualified accountant with solid technical knowledge and a strong background in royalty accounting, particularly within the music industry.
Key responsibilities include preparing monthly management accounts, performing balance sheet reconciliations, and supporting the month-end and year-end close processes.
Candidates should have prior experience in a royalties-focused environment and possess excellent attention to detail and problem-solving skills.
The position requires a fully qualified accountant (ACA, ACCA, CIMA or equivalent) with the ability to communicate effectively across finance and non-finance teams.

Financial Accountant (Royalties) £65,000–£75,000 | London | HybridAre you a technically strong Financial Accountant with royalties experience and a passion for the music industry? This is a fantastic opportunity to join a dynamic and highly respected music business, playing a key role in their finance team during a period of exciting growth and transformation.We’re looking for a qualified accountant who brings solid technical knowledge, a strong understanding of royalty accounting, and the ability to hit the ground running in a fast-paced and collaborative environment.Key Responsibilities:

Prepare and deliver accurate and timely monthly management accounts, including detailed P&L and balance sheet reporting
Perform key balance sheet reconciliations, ensuring all variances are investigated and resolved promptly
Support the month-end and year-end close process, working closely with wider Finance and Royalties teams
Manage royalty accounting processes, ensuring contracts are interpreted and accounted for accurately
Work with internal stakeholders to ensure royalty statements are correctly accrued, calculated, and paid
Support the external audit process with detailed schedules and explanations as required
Assist in improving internal processes and controls related to royalty reporting and revenue recognition
Provide ad hoc financial analysis and project support to the Financial Controller and Finance Director

Key Skills & Experience:

Fully qualified accountant (ACA, ACCA, CIMA or equivalent)
Solid technical accounting knowledge, with proven experience of monthly reporting, reconciliations, and P&L ownership
Prior experience working within the music industry or another royalties-focused environment is essential
Strong understanding of royalty contracts and associated accounting treatments
Excellent attention to detail, with a proactive approach to problem-solving
Confident communicator, able to build relationships across finance and non-finance teams

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