At a Glance
- Tasks: Support distribution accounting by preparing journals and reconciling balances.
- Company: Join a dynamic finance team in a leading organisation.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on process improvement and data accuracy.
- Why this job: Perfect for those passionate about finance and eager to make an impact.
- Qualifications: Studying towards AAT, ACCA or CIMA; finance experience is a plus.
The predicted salary is between 30000 - 40000 £ per year.
To support the distribution accounting function by performing accurate and timely accounting activities across royalty creditor balances. The role will be responsible for preparing journals, posting and reconciling interfaces, completing balance sheet reconciliations, supporting month-end close activities, and providing reporting and general accounting support to ensure the integrity of financial information.
Responsibilities
- Prepare and post journals accurately and on time in line with the month-end timetable
- Support the completion of month-end close activities for distribution accounting
- Post and reconcile system interfaces, including inputs from joint ventures and other upstream sources
- Assist with control account postings and routine accounting entries across royalty creditor balances
- Complete balance sheet reconciliations and investigate reconciling items in a timely manner
- Maintain accurate supporting schedules and audit-ready working papers
Reporting & Support
- Prepare regular reports and analysis to support the Senior Distribution Accountant and wider finance team
- Assist with investigating aged, held or unusual balances and provide supporting commentary where required
- Support responses to internal and external audit queries by collating relevant information and evidence
- Provide ad hoc support and analysis for distribution accounting matters as required
Process & Stakeholder Support
- Work with colleagues across finance and the wider business to resolve queries and support process improvements
- Follow established controls, processes and accounting policies to ensure data accuracy and compliance
- Identify issues and elevate risks, discrepancies or process gaps promptly to the Senior Distribution Accountant
About you
- Studying towards AAT, ACCA or CIMA, or relevant finance experience in a similar role
- Experience of journals, reconciliations and month-end support activities desirable
- Good Excel skills and confidence working with financial data
- Strong attention to detail and ability to work accurately to deadlines
- Experience of finance systems such as CODA desirable
Distribution Accountant employer: Prs For Music Ltd
As a Distribution Accountant at our company, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer comprehensive training opportunities, a collaborative culture, and a commitment to maintaining a healthy work-life balance, all while being part of a leading organisation in the finance sector. Join us to contribute to meaningful financial processes and enjoy the unique advantages of working in a vibrant location that fosters innovation and teamwork.
StudySmarter Expert Advice🤫
We think this is how you could land Distribution Accountant
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like Prs For Music Ltd.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to Prs For Music Ltd's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace Distribution Accountant
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at Prs For Music Ltd
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.
