Finance Business Analyst Royalties - Radio & Music, Live Events

Finance Business Analyst Royalties - Radio & Music, Live Events

Finance

Fixed Term - Full Time

London, GB, W12 7FA

Job Closing Date: 8/5/24

PACKAGE DESCRIPTION

Job Reference: 23194
Band: D
Contract type: 12 month FTC
Salary: Up to £53,000 plus £5319 London Weighting, depending on relevant skills, knowledge and experience. The expected salary range for this role reflects internal benchmarking and external market insights.
Location: Office Base is London Television Centre. This is a hybrid role and the successful candidate will balance office working with home working.

ABOUT BBC STUDIOS

BBC Studios is a world-renowned content studio and channels & streaming business, powered by British creativity, with a reach that touches audiences in every corner of the globe.

We work with outstanding creative talent who are responsible for platform-defining shows from Strictly Come Dancing to Eastenders, Prehistoric Planet to Planet Earth III.

The range and quality of our content is unsurpassed, creating critical and commercial successes and global phenomena.

From BAFTAs to RTS Awards, BBC Studios is Britain's most awarded production company and the only producer with three of the top ten shows on IMDB; we're the home of the widest-read English language news website in the world; and the UK's largest distributor of British content.

THE ROLE

This is an exciting opportunity for a Finance Business Analyst to join the Brands & Licensing finance team on a 12 month fixed term contract. This role will work across 2 key lines of businesses within Licensing, namely Radio & Music and Live Events. There may also be opportunities to assist in other businesses where necessary.

The Analyst will provide professional financial support to key stakeholders, ensure effective control of financial processes and deliver operational excellence. They will work alongside Finance Business Partners delivering financial and business analysis to help solve key business problems, progress local initiatives, answer business questions and influence business decisions.

Key Responsibilities

Accounting & Reporting

• Support the businesses by ensuring the billing of royalties is accurate and timely, which will involve close management of the finance operational process, and rigorous review and challenge of royalty statements received.
• Work with both internal and recently outsourced finance teams to reconcile accounts and provide complete and accurate reporting of revenue received and pay away calculations to beneficiaries.
• Work closely with the Commercial Planning & Analysis team to assist with the forecasting and budgeting process, to ensure that actuals are correctly reflected, and variances explained.
• Assisting in month end reporting, including provision of information, analysis and supporting commentary to a range of stakeholders across finance and the business.

Analysis & Insight

• Review and challenge record company royalties and audit statements.
• Analyse tour and event costs and audit ticket sale and royalty reporting.
• Liaise with business stakeholders to support monthly business reviews, risks and opportunities and commercial business decisions.
• Deliver high quality financial and business analysis with recommendations for solving business problems and to influence and challenge business decisions.
• Perform investigative financial and operational business analysis across interconnected business units (e.g. technology, HR, production).
• Promote and deliver improvements through identifying and recommending opportunities for efficiencies and value generation.
• Ensuring compliance with regulatory and internal control requirements, and assisting with audit queries.

Stakeholder Management

• Maintain effective and collaborative working relationships across the Finance community.
• Build and develop strong relationships with key business and finance stakeholders.
• Ensure analysts and the relevant Finance teams are informed of issues, analysis and decisions that impact them or require their support/views.
• Maintain up-to-date knowledge and understanding of the divisional business - building and developing effective relationships with key business contacts.
• Resolve specific and ongoing financial and business issues and problems in a timely manner.

WHAT DOES IT TAKE?

ESSENTIAL CRITERIA:

• Professional accounting qualification e.g. ACA, ACCA, CIMA, or equivalent
• Experience of reviewing company royalty statements and challenging and auditing statements.
• Significant experience of delivering a high quality accounting and reporting service
• Highly developed written and verbal communication skills with the ability to influence
• Ability to take complex data/principles and to communicate these in an understandable way to wider BBC team
• Ability to communicate effectively with a range of stakeholders.

DESIRABLE CRITERIA:

• Analysing tour/event costs and audit of ticket sale and royalty reporting highly desirable

LIFE AT BBC STUDIOS

We don't focus simply on what we do - we also care how we do it. Our values and the way we behave are important to us. The BBC is committed to building a culturally diverse workforce, that represents the audiences we serve, and encourages applications from candidates from any background, especially people from diverse communities. Equity of opportunity is important to us, and we endeavour to make our processes equal, fair and meritocratic for everybody.

BBC Studios puts sustainability at the heart of everything we do both onscreen and offscreen, including delivering against the BBC Group's science-based Net Zero targets.

We are proud to share that we are a Level 2 Disability Confident Employer and if you require any reasonable adjustments in order to apply please contact us on .

WHAT WILL YOU GAIN FROM WORKING AT BBC STUDIOS?

• Flexible 35-hour working week for work-life balance
• 26 days holiday (plus an additional day which is a Corporation Day) with the option to buy an extra 5 days
• Parental leave for new parents, regardless of gender, of up to a year with 18 weeks fully paid
• A defined contribution pension scheme with employer contributions up to 10%; and life assurance (at 4 times annual salary), eligibility for discounted dental, health care, gym and much more through salary sacrifice
• Excellent career progression - access to courses, webinars, workshops and the opportunity to work in different areas of the organisation

NEXT STEPS

We appreciate your interest in this position and understand how important this opportunity is to you. Due to the high volume of interest we may need to close the application period earlier than anticipated. This step is necessary to ensure we can provide a high level of attention and service to all applicants. Thank you for your understanding.

Please note: If you were to be offered this role, the BBC will conduct Employment screening checks which include Reference checks; Eligibility to work checks; and if applicable to the role, Safeguarding and Adverse media/Social media checks. Any offer made is conditional on these checks being satisfactory.

DISCLAIMER

This job description is a written statement of the essential characteristics of the job, with its principal accountabilities, incorporating a note of the skills, knowledge and experience required for a satisfactory level of performance. This is not intended to be a complete, detailed account of all aspects of the duties involved.