Junior Business Manager, Touring in London

Based in the City of London, CC Young are one of the leading music specialist firms of accountants and tax advisors, with offices in London, Stockholm and Los Angeles. For over 27 years, we have been champions of music creators, advocating for the rights of artists, songwriters, and their teams. Our mission goes beyond numbers; we ensure our artists are paid fairly and financially protected in an ever-changing industry. Our firm has grown steadily, expanding into specialist departments covering tax, touring, recording, publishing, business management services for artists and managers, and in-depth royalty audits via our colleagues at Y Royalties. CC Young provides comprehensive accountancy and taxation services, always with a commitment to the creative community we serve.

Responsibilities:

• Maintaining the books and records using Sage Line 50/XERO.
• Overall effective and proactive management of high profile clients' day to day affairs, eg cash flow, debtor collection, touring, tax and VAT provisions.
• Posting bank and tour float transactions and reconciling at month end.
• Raising and posting sales invoices, reviewing outstanding debtors and assisting with debtor collection.
• Posting purchase invoices, reviewing outstanding creditors and reconciling supplier statements.
• Posting credit card transactions and reconciling statements.
• Reviewing agency statements, posting all transactions and reconciling against debtors.
• Preparing VAT Returns on Sage/XERO in line with the new Making Tax Digital requirements.
• Holding a small client portfolio.
• Preparation of sole trader, partnership, Ltd and LLP management and year end accounts.
• Review and completion of bank account opening forms.
• Overseeing VAT return preparation/first review VAT returns for clients.
• Understanding of Agency statements and tour floats.
• Assisting with client onboarding, cashflows, insurance, open bank accounts.
• Completion of VAT returns with minimal review points.
• Communication with Artist Management and wider artist team including booking agents, tour managers and insurers to assist with day to day running of the touring activities.
• Daily review of banking and cashflow for all clients and setting up all approved bank payments.
• Communicating with suppliers and artist management to gain approval on purchase invoices to pay.
• Communicating with booking agents to gain contracts for upcoming shows, raise sales invoices and send out to the promoters.
• Communicating with record labels for tour support requests and back-end reporting.

Skills & Qualifications Required:

• 2-4 years Practice experience; Previous music accountancy practice experience desirable.
• Part qualified/Qualified; ACA/ACCA studying or QBE.
• Ability to assist with Business Management (WHT mitigation, insurance, (including FEU and CWA) and Social Security).
• Understanding of royalties income streams, eg PRS/PPL and international equivalents.
• Proficient analytical skills.
• General understanding of work undertaken by all departments (Personal Tax, Corporation Tax, Royalties & Audit, and Company Secretarial).
• Previous use of Sage & XERO desired.
• Timesheet management.
• Effective organisation.
• Ability to prioritise workload.

Knowledge and Attitudes and Behaviours Required:

• Ability to prioritise and manage time in line with office deadlines.
• Ability to meet deadlines, both those identified by management and by the applicant.
• Ability to work well with others.
• First point of contact for any queries from junior staff.
• Ability to effectively communicate with colleagues, clients and third parties.
• Ability to use own initiative.
• Keen interest in the Music Industry.

Why should you choose CC Young?

• Make a difference – At CC Young we are passionate about what we do and proud of the role we play in supporting the music artists, ensuring they are paid fairly. Be part of our journey.
• Serious commitment to growth – personal development is important to us. We will make sure we support your growth and give you broad experience across your role and a personal development allowance.
• Our team is our greatest asset, and we have cultivated a workplace culture that’s welcoming, collaborative, and inclusive. We encourage people to be themselves while supporting their growth.

Equal Opportunities:

C C Young & Co Ltd is committed to promoting equality of opportunity for all staff and job applicants. We aim to create a working environment in which all individuals are able to make best use of their skills, free from discrimination, and in which all decisions are based on merit.