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
PRS for Music are seeking a talented Head of Strategic Finance with experience of working with Joint Ventures/Partnerships to take ownership and be responsible for the programme portfolio from a financial perspective. As our Head of Strategic Finance you will work collaboratively with the Transformation team to ensure all strategic change initiatives are fully supported by Finance. Leading finance transformation projects and programmes, creating strategies for optimising finance processes and managing the finance systems road map. Key responsibilities will include reviewing and reporting on PRS’ Joint Venture financials, scenario modelling and building the financial component of business cases for programmes and new business initiatives. In this role the successful applicant will lead a team of 6 (2 direct and 4 indirect reports).
The Team
Our strategic finance team manages the financial relationship, reporting and governance with JV partners, provides finance advice for programmes involving other society Partners and provides financial assurance for business cases. In addition, they compile MCPS Board Reports incincluding monthly performance reporting, forecasting and budgeting
Responsibilities
As our Head of Strategic Finance, you will act as Deputy to our Director of Strategic Finance when required and take day to day responsibility across the following areas…
Project and Programme Portfolio:
- Accountable for the monthly portfolio financials report and attending the Portfolio Board. Supporting the FP&A team across the bi-annual forecasts, budgeting and 5-year plan processes (for Programme and Projects).
- Responsible for the reporting of Strategic confidential projects to the Executive Leadership team (ELT).
- Managing and developing a team to deliver financial updates to the Portfolio Board, as well as provide full financial business support to PRS’s strategic change initiatives and the overall Portfolio.
- Accountability for the business case templates and any financial portfolio related templates.
- Accountability for the maintenance of the financial Benefits register. Supporting Transformation with improving the Benefits Framework across the Business.
Finance Transformation, processes, and controls
- Support and drive the Finance Transformation initiative by creating strategies for optimising processes across Finance.
- Define business cases for finance projects, to include timelines, risks and issues. Assess systems used across the business to track and report all management information and determine the optimum Finance data model.
- Build out new and streamline existing processes linked to the Finance applications.
People Management:
- Identifying people development opportunities for the team aligned to the finance vision and the wider organisation’s needs.
- Developing managers with leadership potential and provide support in the development of their reports.
- Manage actions from the employee engagement survey results.
Other
- Oversight of Joint Venture financials, internal reporting and supporting ELT ahead of attending Joint Venture Board meetings.
- Manage the annual Activity Based Costing (ABC) project.
- Scenario modelling for new initiatives.
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, you will also have/be:
- Qualified accountant with excellent track record of academic and professional accomplishment.
- Experience of Finance Transformation projects is essential
- Experience of working with Joint Ventures and Acquisition strategies
- Excellent PowerPoint, Excel and word skills
- Self-motivated with good organisational and communication skills with a strong attention to detail.
- Ability to take a pro-active lead on matters of compliance and control within Finance and the business.
- Ability to work under pressure and meet tight deadlines.
- Ability to work well as part of a larger team.
- Effective coaching, training and motivational skills, with experience of managing staff.
What’s in it for you?
Here are just a few things that set PRS for Music apart from the crowd:
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We trust, value, and support our people to make the difference
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We believe that diversity of thought and experience provides the platform for innovation and creativity
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We are consciously inclusive and have eight Affinity Groups which you can join and make an impact
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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 two months 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:
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First stage interview will take place virtually on MS Teams.
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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.
