Overview:
Music wouldn’t exist without the work of songwriters, composers and publishers. We’re here to represent them and make sure that they are paid for their work. After more than a century in the industry, we continue to innovate as a world-leading organisation.

THE ROLE

The role serves as the principal strategic and financial partner to the Chief Commercial Officer, overseeing financial matters with MCPS and leading a team of finance business partners. Responsibilities include managing financial planning, forecasting, budgeting, and cost control for PRS and Joint Venture revenue streams through to distributions, as well as supporting the COO and Distribution Operations team in budgeting, forecasting, and variance analysis.
The Commercial Finance Team in PRS for Music, sits within the wider Finance team and business partners all areas within the business from Commercial to Membership Support to Legal. As a team of 5, the Commercial Finance team analyses the monthly performance of the business from a revenue, costs and distributions basis, composing monthly reporting packs for the Executive Leadership Team and members sitting on PRS for Music’s Board. The Commercial Finance team are also responsible for leading the process of compiling the bi-annual forecast and annual budget in which we challenge and support our stakeholders to achieve the goals set out in our 5 year plan.
Responsibilities:
As our Head of Commercial Finance, some of your day to day duties will include…
-

Team leadership and development: Identify development opportunities, manage employee engagement actions, promote inclusion and PRS values, and oversee the performance, motivation, and engagement of the Commercial Revenue Finance team

• Financial controls and process improvement: Collaborate with finance teams to improve financial processes and systems, ensure financial controls, identify process improvement opportunities, and support monthly ELT sign-offs
• MCPS financial management: Manage MCPS monthly reporting, budgeting, and forecasting, present financial results to the MCPS Board, ensure financial controls within business units, and oversee revenues and distributions
• Strategic partnership: Act as a key financial and strategic partner to the Chief Commercial Officer, influencing decisions for revenues around £1.2 billion and costs of £120 million
• Long-term financial planning: Lead long-term financial planning, produce management reports for senior leadership, and support budgeting and forecasting for distribution operations

For a full list of duties, please email the recruitment team and request a copy of the job description.
About you:
At PRS for Music, we want you to bring the best version of yourself to work. We believe that celebrating individuality promotes a culture of acceptance and openness. Along with being whoever you want to be, in an ideal world you will also have:
-
- Qualified accountant.
- Strategic thinker, able to see the big picture
- Commercial and business acumen
- Excellent stakeholder management and influencing skills to facilitate better decision making
- Ability to challenge but also support and influence senior leaders
- Extensive experience of Financial Planning and Reporting, and leading Business Partner teams
- Excellent communication skills – including the ability to identify key messages and summarise complex information.
- Excellent Microsoft Office skills.
- Excellent presentation skills.
- Excellent data gathering, reporting and analysis skills.
- TM1 experience desirable.
- Experience and understanding of the management of performing rights and flow of rights is desirable.
- People leadership experience, including strong coaching, training and motivational skills.

Our interview process for this role is simple:

• First stage interview will take place virtually on MS Teams.
• Second stage interview will take place in person at our London Bridge Hub