Y Royalties is the leading provider of music rights and royalty services, combining deep industry expertise with technology to deliver clarity, recover value, and maximize the potential of music assets. We provide services in Royalties, Data, Rights Management, Audit and Transaction Services. Y Royalties was founded in 2023 by Colin Young, Ben Marlow and Gary Groutage, born from the successful Royalties division at Award Winning Accountancy firm, CC Young & Co, which has almost 30 years of Music Industry experience.
JOB TITLE: Financial Controller
Location: London-based
Reports to: Finance Director
Overview
The Financial Controller role is a key finance team hire and integral to the efficient, effective and profitable growth of Y Royalties. Managing both day-to-day finance matters as well as implementing robust financial processes and systems as the business scales, delivering financial reporting and analysis, and working closely with the Finance Director.
We are seeking an experienced individual with the drive, technical and commercial skills to ensure Y Royalties creates a first class Finance Team – delivering excellent finance service to deadlines alongside great business partnering to achieve Y Royalties business growth and profitability goals.
Key Responsibilities
Financial Management and Reporting
- Annual Budgets and Forecasts (including business modelling with Finance Director)
- Statutory Financial Accounts (including Audit)
- Management Reports (P&L, Balance Sheet , P&L by function, Cash Flow, KPI’s)
- Revenue Cycle Reporting (WIP, Billing, Write off, Receivables)
- People Reporting (including timesheets, charge out rates, utilisation and KPI analysis)
- Management Presentations, Commercial Support and Analysis (pricing, budgets, models)
Finance
- Accounts Receivable (including credit control, invoice posting, CCH reconciliation)
- Accounts Payable (Invoice Postings, Credit cards Debit cards Disbursements , Expenses
- Management accounts preparation (posting, working papers, journals)
- Treasury (payment runs, payroll, posting, bank reconciliations )
- Taxes (PAYE, NI , VAT , Corporation Tax)
- Systems (CCH all finance aspects – timesheets, WIP, Billing, disbursements, training)
Personal Profile
- Minimum 5 years’ experience as a finance manager / financial controller
- Experience in professional services (accountancy practice, consulting firms or similar)
- Experience managing finance teams
- Entertainment / Music Industry exposure
- Self-motivated, pro-active, organised, problem solver, manage priorities and deadlines
- Strong finance, commercial and analytical mindset alongside attention to the detail
- Excellent communications skills, with ability to explain finance to team, clients, 3rd parties
- Qualified Accountant (ACA. CIMA, ACCA)
Systems & Technology
Essential
- Microsoft Office (Intermediate / Advanced Excel)
- Accounting (Sage / Xero and related expense (Pleo, Soldo) , reporting (datarails))
- Practice Software (CCH)
Desirable
- Business Intelligence software (tableau)
- Work management platforms (Monday)
Why should you choose Y Royalties?
- Make a difference – 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
Y Royalties 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.
Please apply to careers@yroyalties.co.uk