Finance Manager (Merchandise) in London

Finance Manager (Merchandise) in London

London Temporary 50000 - 60000 £ / year (est.) No home office possible
Sony Music Entertainment

At a Glance

  • Tasks: Manage financial operations for touring, retail, and licensing in the music industry.
  • Company: Join Sony Music UK and work with innovative merchandise companies.
  • Benefits: 12-month contract with competitive salary and opportunities for professional growth.
  • Other info: Collaborative environment with a focus on efficiency and problem-solving.
  • Why this job: Be part of a dynamic team shaping the future of music merchandise finance.
  • Qualifications: Qualified accountant with experience in retail and licensing accounting.

The predicted salary is between 50000 - 60000 £ per year.

We are seeking a talented Finance Manager to assist in the accounting process, ensuring seamless financial operations across our Sony Music UK & merchandise companies of Ceremony of Roses & Probity. You will have two direct reports to assist with the below processes and will oversee the accurate monthly reporting process for COR UK. This is a 12 month fixed term contract with a start date of July 2026.

What you'll do:

  • Ceremony of Roses - Touring
    • Planning & reporting on the UK & European touring merchandise operation, improving the new process for European sales with Sony Music affiliates.
    • Liaising with the business across each tour life cycle to ensure end to end reporting is completed in a timely & tax compliant manner and artists receive their tour settlement statements in line with their agreements.
  • Ceremony of Roses - Retail & Licensing
    • Implement and execute end to end process of retail & licensing revenue channels to ensure completeness of information.
    • Track the monthly performance against forecast provide commentary.
    • Review retail & licensing royalty statements for month-end accounting and artist reporting.
  • Ceremony of Roses – New Business
    • Take ownership and develop finance processes for new merchandise channels (incl. retail stores, pop ups, non-music events).
    • Liaise with affiliate companies in non UK territories to provide settlement reporting in accordance with deal deadlines.
    • Perform month-end activities relating to new business channels which involves applying revenue recognition and royalty accrual calculations.
  • Additional
    • Data maintenance in new sales & inventory system.
    • Liaise and support AP & AR teams to action client requests and monitor AP & AR ledgers as part of month-end process.
    • Assist in statutory audit requests.
    • Prepare COR UK VAT returns (UK VAT & Import One Stop Shop).
    • Day to day admin assistance and systems support to the business e.g. B pack, Concur, SAP and cash allocation.

Who you are:

  • Able to demonstrate taking ownership of role & tasks with ability to problem solve.
  • Retail, merchandise & Licensing accounting experience.
  • Fully qualified accountant is preferable.
  • Experience with SAP, highly skilled in MS Excel and have a solid proficiency in other MS applications.
  • Able to review current processes and propose efficiencies.
  • Understanding of physical goods importing and exporting procedures.
  • UK & EU VAT Laws (e.g. movement of goods, Intrastat reporting) & knowledge of physical goods importing and exporting procedures.

Finance Manager (Merchandise) in London employer: Sony Music Entertainment

At Sony Music UK, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters creativity and collaboration. As a Finance Manager, you will not only play a pivotal role in our financial operations but also benefit from a culture that prioritises employee growth and development, with opportunities to enhance your skills in a vibrant industry. Located in the heart of the music scene, our team enjoys unique advantages such as networking with top artists and industry professionals, making this a truly rewarding place to advance your career.
Sony Music Entertainment

Contact Detail:

Sony Music Entertainment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance Manager (Merchandise) in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and merchandise sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Familiarise yourself with their recent projects, especially in touring and retail. This will help you tailor your answers and show that you're genuinely interested in the role.

✨Tip Number 3

Practice your financial reporting skills! Be ready to discuss how you've improved processes in previous roles. Use specific examples to demonstrate your expertise in accounting and your ability to problem-solve effectively.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!

We think you need these skills to ace Finance Manager (Merchandise) in London

Financial Reporting
Accounting Process Management
Retail Accounting
Licensing Revenue Management
Forecasting and Commentary
Revenue Recognition
Royalty Accrual Calculations
Data Maintenance
SAP
MS Excel
VAT Returns Preparation
Problem-Solving Skills
Process Improvement
Knowledge of UK & EU VAT Laws
Inventory Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience in retail, merchandise, and licensing accounting, as well as any relevant qualifications. We want to see how your skills match what we're looking for!

Showcase Your Problem-Solving Skills: In your application, don’t just list your responsibilities; show us how you’ve taken ownership of tasks and solved problems in previous roles. We love candidates who can think on their feet and improve processes!

Be Specific About Your Experience: When discussing your past roles, be specific about your experience with SAP, MS Excel, and VAT laws. We’re keen to know how you’ve applied these skills in real-world situations, especially in relation to financial operations.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Sony Music Entertainment

✨Know Your Numbers

As a Finance Manager, you'll need to be on top of your game with numbers. Brush up on key financial metrics relevant to merchandise and touring operations. Be ready to discuss how you've improved financial processes in previous roles, especially in retail and licensing.

✨Showcase Your Problem-Solving Skills

This role requires ownership and problem-solving abilities. Prepare examples from your past experiences where you identified issues and implemented effective solutions. Highlight your ability to streamline processes and improve efficiency, particularly in accounting.

✨Familiarise Yourself with Relevant Software

Since the job mentions SAP and MS Excel, make sure you're comfortable discussing your experience with these tools. If you have any specific examples of how you've used them to enhance reporting or manage finances, bring those to the table.

✨Understand VAT and Compliance

Given the focus on UK & EU VAT laws, brush up on your knowledge of these regulations. Be prepared to discuss how you've handled VAT returns and compliance in previous roles, especially in relation to merchandise and retail operations.

Finance Manager (Merchandise) in London
Sony Music Entertainment
Location: London

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