[Hiring] Accounts Assistant @BMA Search

Role Description

The Accounts Assistant will report to the Head of Finance and be responsible for various accounting tasks, including:

• Sales ledger:
  • Raising sales invoices on request for copyright or master recordings.
  • Commission due to Bucks Music Management.
  • Copyright or Artist royalties due, both bi-annually or ad hoc as statements are received.
  • Keeping a record of all advances paid and sending a monthly report to royalties.
  • Credit control for all companies.
  • Checking bank accounts daily and posting receipts of payments for sales invoices.
  • Sending weekly royalty receipts to the Royalty Manager.
  • Weekly debtors report and chasing of overdue invoices, flagging any that need escalating.
• Purchase ledger:
  • Supplier invoices & payments for all companies.
  • Checking invoices, posting invoices to Opera, getting approval for payment.
  • Weekly supplier pay run.
  • Ad hoc pay runs as necessary for urgent payments.
  • Company credit card management for Bucks and BDI.
  • Checking monthly statements and collating corresponding paperwork for transactions.
  • Staff expenses management for Bucks and BDI.
  • Advance payments for artists, posting invoices to Opera, getting approval for payment.
  • Royalty payments for artists, setting up payments in Opera and uploading to the bank for payment.
  • Processing any VAT invoices in Opera.
• Creditors report:
  • Weekly creditors report to flag any missing payments or issues with payment.
• Bank reconciliations / cashbook / intercompany:
  • Weekly bank reconciliations for all companies.
  • Posting cashbook payments/receipts such as HMRC payments, payments to artists, direct debits, etc.
  • Matching MCPS/PRS royalties received to royalty statements.
  • Raising intercompany sales invoices as requested.
  • Processing intercompany bank transfers to settle payments.
• VAT returns and EC Sales reporting:
  • Quarterly/annual VAT reporting for each company in Bucks group.
  • Submitting VAT returns on HMRC website for each VAT group.
  • Quarterly EC sales reporting for relevant companies.
• Withholding Tax Forms:
  • Applying to HMRC for annual certificate of residence for all International companies.
  • Maintaining the WHT log.
• Month End Reporting:
  • Allocating transactions to the correct nominal ledger account.
  • Assisting with the month end reports and cashflow forecast.
  • Any ad hoc requests as necessary.

Qualifications

• 2+ years’ experience in an Accounts Assistant or Bookkeeping role.
• Strong experience across sales ledger, purchase ledger, and bank reconciliations.
• Experience with accounting systems and strong Excel skills.
• Exposure to VAT returns and month-end processes accounting (advantageous).
• Experience in a multi-entity environment (desirable).
• Knowledge of royalties or music industry accounting (advantageous).
• Studying AAT / ACCA / CIMA (advantageous).

Company Description

Bucks Music Group is one of the UK’s leading and longest running international, independent music publishers. We have a rich musical heritage, having been responsible for launching and developing the careers of music legends including:

• David Bowie
• T-Rex
• The Move
• Black Sabbath
• Procol Harum

Our active A&R department continues to discover, nurture and develop new song writing talent across multi genres.