Senior Finance Business Partner - Commercial Finance

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

Purpose Summary

• The Senior Finance Business Partner - acts as a key financial business partner to Directors and Heads of departments, ensuring that commercial decisions are aligned with both financial and strategic goals.
• The role is responsible for delivering financial planning, forecasting, budgeting, and cost management for revenue and distributions within their area of responsibility.
  
  

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 12, the Commerical 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 Senior Finance Business Partner, some of your day to day duties will include…

Key Responsibilities Summary

Business Partnering

• Serve as a trusted financial advisor to Heads of and Directors, producing robust plans, budgets, forecasts, and executive summary reports—including 5-year financial plans.
• Act as the main contact for senior stakeholders, managing communication and challenging stakeholders when needed.
• Support strategic decision-making with financial insights and recommendations.
• Identify business and market insights to inform decisions.
• Act as deputy for the Head of Commercial Finance and cover for other Business Partners during annual leave.
• Share best practices and encourage cross-functional collaboration.
• Support projects that drive revenue growth or cost reduction.
  
  

Financial Planning and Analysis

• Deliver accurate annual budgets, quarterly forecasts, and outturns in partnership with the business.
• Challenge budget holders to ensure alignment with strategic goals and sustainable growth.
• Produce and distribute financial analysis and management reports for senior leadership.
• Own long-term (3-5 years) revenue and distribution planning.
• Enable better decision-making through actionable management information and trend analysis.
• Identify risks to the Business Unit using management information and trend analysis.
• Communicate performance drivers and their implications to senior leaders.
• Ensure costs are controlled and understood across the business.
• Support the management accounts team during month and year-end processes.
  
  

Processes and Controls

• Contribute to monthly ELT distribution sign-off by analyzing variances to budget/forecast.
• Proactively identify opportunities for process improvement within the team.
• Ensure financial controls are implemented and executed.
• Collaborate with other Finance teams to improve financial processes and systems.
  
  

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:

• Experience and Qualifications Summary
• Qualified accountant
• Strategic awareness and strong business understanding
• Excellent stakeholder management and influencing skills to support better decision-making
• Strong organisational skills and attention to detail
• Excellent communication skills, including the ability to identify key messages and summarize complex information
• Advanced data gathering, reporting, and analysis skills
• Proficiency in Excel and Word
• Excellent presentation skills
• Experience with and understanding of the management of performing rights and flow of rights (desirable)
• Strong problem-solving abilities
  

What’s in it for you?

Here are just a few things that set PRS for Music apart from the crowd:

• We trust, value, and support our people to make the difference
• We believe that diversity of thought and experience provides the platform for innovation and creativity
• We are consciously inclusive and have eight Affinity Groups which you can join and make an impact
• We invest in the development of our people to drive our ambitions forward
• We offer a range of family friendly leave including enhanced maternity and paternity, grandparent, fertility, reproductive and menopause support.
• We know time to rest and recharge is important which is why we offer 25 days holiday entitlement with the option to top up twice annually up to a maximum of 30 days
• Employees can work from anywhere in the world for up to eight weeks of the year
• Plus a whole range of other benefits, including retail discounts, gym discounts, season ticket or bicycle loan.
  
  

The Process

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.
  
  

We use competency-based questions within our interviews. This allows you to provide examples of situations where you have had to demonstrate the required skills relevant to the role you are applying for. To assist your preparation for interview, research the STAR method to aid bringing your examples to life.

Location

We offer a hybrid working model, allowing employees to work from home up to three days a week.

To ensure the health and safety of all our employees, if you wish to work from home for more than 2.5 days per week, we will conduct a quick and easy remote-working assessment.

If you sound like you could be the right person for the job, apply now.

At PRS we are committed to equity, diversity, inclusion and belonging for all. We have taken a holistic approach to ensure that no one feels excluded regardless of age, class, sexuality, gender, race, religion, or ability. We value the needs of everyone in our organisation and strive to build an environment where our employee’s contributions are recognised in order that everyone may thrive.