Global Finance Transformation Specialist, 12m FTC
Global Finance Transformation Specialist, 12m FTC

Global Finance Transformation Specialist, 12m FTC

London Temporary 42000 - 58000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Finance Project team to ensure accurate royalty data across platforms.
  • Company: BMG is a dynamic music company celebrating diversity and inclusion.
  • Benefits: Enjoy flexible working, 25 days leave, gym membership, and an annual gig allowance.
  • Why this job: Be part of transforming finance processes in the exciting music industry.
  • Qualifications: Qualified accountant with experience in music accounting and data management.
  • Other info: Collaborate with cross-functional teams and contribute to process improvements.

The predicted salary is between 42000 - 58000 £ per year.

BMG is committed to providing equal employment opportunities and we celebrate diversity in all forms. Equal opportunity runs deep in our core value of fairness and we are determined to create a truly inclusive work environment, where everyone can flourish. If you’re good at what you do, come as you are. All applicants to BMG will receive equal treatment regardless of age, disability, gender identity or expression, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation.

Join our Finance Project team to assist with the delivery of a key strategic, Global Board sponsored project. In this role, you will be responsible for ensuring the accuracy, consistency and completeness of royalty-related data across multiple platforms with particular attention to SAP. This is an excellent opportunity for an accountant, passionate about quality financial information in the music industry, who is ready to contribute to the evolution of our royalties and finance processes.

Key Responsibilities
  • Data Cleaning and Migration Strategy: Develop strategy and approach to data cleaning of historic royalty balances held in SAP in order that they reconcile with the royalty ledger.
  • Data Validation and Cleansing: Review, reconcile and validate royalty balances held in SAP, ensuring all information is accurate, consistent, and free of errors. This includes checking recoupable costs, royalty earnings, artist details, and contract information.
  • Data Correction: Identify and resolve discrepancies in royalty data between systems. Collaborate with internal teams specifically Royalties Team to address issues as needed.
  • Data Migration and Integration: Assist in the migration of royalty data in SAP and between systems, ensuring proper data formatting and alignment with royalty systems and in line with project strategy.
  • Reporting and Documentation: Prepare reports for the Project Manager to update on progress of data cleansing and migration. Maintain detailed records of data-cleansing activities for auditing and reference purposes.
  • Collaboration with Cross-Functional Teams: Work closely with the royalty, Finance, SAP and Technology teams to ensure data is properly integrated and royalty balances are accurate and also with external Project Management Consultants.
  • Process Improvement and Automation: Identify opportunities to streamline data cleansing processes through automation and AI, enhance data accuracy, and reduce errors in royalty balances.
  • Additional: Take part in E2E testing of key systems post migration to ensure accuracy and assist in any reconciliation activity.
Your Profile
  • A qualified accountant.
  • Previous experience in a music label.
  • Proven experience in music accounting ideally Recorded Music, A&R accounting and royalty finance processes.
  • Proven experience in data management or data cleansing, preferably in the music industry or other royalty-based industries.
  • Familiarity with music royalty systems is highly desirable.
  • Understanding of music publishing and / or recording contracts.
  • Microsoft Excel (pivot tables, formulas, data manipulation) is required.
  • Proficiency in SAP preferable but not a pre-requisite.
  • Strong reconciliation skills required.
  • Attention to Detail: Exceptional ability to spot discrepancies, ensure data consistency, and maintain a high level of accuracy.

Now, what’s in it for you?

  • 25 days pro-rated annual leave, plus 3 days between Christmas & New Year and an extra day for your birthday!
  • Flexible working opportunities.
  • Subsidised gym membership.
  • Private Health Insurance.
  • All parents, regardless of gender or sexual orientation, will receive 6 months of fully paid parental leave.
  • Annual gig allowance.
  • Artist showcases.
  • Cycle to work scheme.
  • Season Ticket Loan.
  • Workplace Nursery Scheme.
  • Access to our Employee Assistance Programme.
  • Give As You Earn Scheme.
  • A fun and sociable office environment.

Global Finance Transformation Specialist, 12m FTC employer: BMG

BMG is an exceptional employer that champions diversity and inclusivity, creating a vibrant work culture where every employee can thrive. With generous benefits such as flexible working opportunities, extensive parental leave, and a fun office environment, BMG not only values its employees but also invests in their growth and well-being, making it an ideal place for finance professionals passionate about the music industry.
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Contact Detail:

BMG Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Global Finance Transformation Specialist, 12m FTC

✨Tip Number 1

Familiarise yourself with SAP and music royalty systems. Since the role heavily involves data management within SAP, having a solid understanding of how it works will give you an edge during interviews.

✨Tip Number 2

Network with professionals in the music industry, especially those who work in finance or accounting. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the specific challenges they face.

✨Tip Number 3

Brush up on your data validation and reconciliation skills. Being able to demonstrate your ability to spot discrepancies and ensure data accuracy will be crucial in this role, so consider doing some practice exercises or case studies.

✨Tip Number 4

Prepare to discuss process improvement ideas. The job description mentions streamlining data cleansing processes, so think about any past experiences where you've successfully implemented improvements and be ready to share those examples.

We think you need these skills to ace Global Finance Transformation Specialist, 12m FTC

Qualified Accountant
Experience in Music Accounting
Royalty Finance Processes
Data Management
Data Cleansing
Familiarity with Music Royalty Systems
Understanding of Music Publishing Contracts
Microsoft Excel (Pivot Tables, Formulas, Data Manipulation)
Proficiency in SAP
Strong Reconciliation Skills
Attention to Detail
Collaboration with Cross-Functional Teams
Process Improvement
Automation and AI Integration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in finance and data management, particularly in the music industry. Emphasise your skills in SAP and Microsoft Excel, as these are crucial for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the music industry and your understanding of royalty processes. Mention specific experiences that align with the job responsibilities, such as data cleansing or reconciliation.

Highlight Relevant Skills: In your application, clearly outline your qualifications as an accountant and any previous roles in music labels. Focus on your attention to detail and problem-solving abilities, which are essential for this position.

Showcase Collaboration Experience: Since the role involves working with cross-functional teams, include examples of past collaborations. Describe how you effectively communicated and resolved issues with different departments to achieve project goals.

How to prepare for a job interview at BMG

✨Showcase Your Accounting Expertise

As a Global Finance Transformation Specialist, it's crucial to demonstrate your accounting qualifications and experience. Be prepared to discuss specific examples from your previous roles, especially in music accounting, to highlight your understanding of royalty finance processes.

✨Familiarise Yourself with SAP

Since the role involves working with SAP, make sure you brush up on your knowledge of this system. If you have experience with data migration or cleansing in SAP, be ready to share those insights during the interview.

✨Emphasise Attention to Detail

Given the importance of accuracy in financial data, prepare to discuss how you've successfully identified discrepancies in past roles. Use specific examples to illustrate your meticulous approach to data validation and reconciliation.

✨Prepare for Collaboration Questions

This role requires working closely with various teams. Think about times when you've collaborated effectively with cross-functional teams, particularly in finance or technology. Be ready to explain how you can contribute to a cohesive team environment at BMG.

Global Finance Transformation Specialist, 12m FTC
BMG
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  • Global Finance Transformation Specialist, 12m FTC

    London
    Temporary
    42000 - 58000 £ / year (est.)

    Application deadline: 2027-06-26

  • B

    BMG

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