Manager, Finance at Kobalt Music Group

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

MusicIndustries

Requirements

Proven experience managing a payables or treasury function, ideally within a music, media, or entertainment business
Strong understanding of accounts payable processes, reconciliations, and control frameworks
Excellent organisational and time management skills, with the ability to balance competing priorities and meet deadlines
Advanced Excel skills and confidence handling large datasets
Clear communication skills and the ability to work collaboratively across teams and regions
High attention to detail, integrity, and discretion when managing confidential information
Experience using Netsuite or similar ERP platforms (preferred additional skill)
Knowledge of multi-currency transactions and international banking (preferred additional skill)
A genuine interest in music, rights management, and digital royalties (preferred additional skill)

Responsibilities

Manage a team of two Finance Assistants responsible for processing advances and royalty-related payments for all Kobalt Music Group entities
Review and approve payment runs and vendor requests, ensuring accuracy and compliance with internal controls
Oversee the processing and review of statement runs for multiple Kobalt entities
Approve AP and bank journals, ensuring accurate and timely postings
Maintain compliance with Kobalt’s financial processes, procedures, and controls
Conduct supplier statement reconciliations and sign off on weekly bank reconciliations
Ensure timely resolution of finance-related queries by collaborating with Business Affairs, Client Relations, and international offices, including the US and France
Verify client bank details and manage invoice-related communications
Create and review journals, maintaining accurate documentation and accounting records
Lead automation and system improvement projects, identifying opportunities to streamline workflows
Manage foreign currency trades as required, in collaboration with the Director of Treasury
Support the Director of Treasury with ad-hoc analysis, reporting, and process enhancement initiatives

Skills

Accounts Payable

Royalty Payments

Bank Reconciliations

Statement Runs

Financial Controls

Supplier Reconciliations

Journal Entries

Process Automation

Foreign Currency Trades

Treasury

Kobalt Music Group

Music publishing and rights management services

About Kobalt Music Group

Kobalt Music Group operates in the global music industry, providing services to artists, songwriters, publishers, and music labels. The company offers a range of services including music publishing, rights management, and royalty collection. Kobalt's technology platform allows clients to access real-time data about their income and activities, ensuring they have full visibility over their earnings and rights. This focus on transparency and control distinguishes Kobalt from traditional music services. The company uses a performance-based revenue model, meaning it only earns when its clients do, and it allows creators to retain 100% ownership of their work. Kobalt's goal is to empower music creators by enhancing their financial returns and providing them with the tools they need to succeed.

New York City, New YorkHeadquarters

2000Year Founded

$477.5MTotal Funding

DEBTCompany Stage

Consumer Software, Financial Services, EntertainmentIndustries

501-1,000Employees

Benefits

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Hybrid Work Options

401(k) Company Match

Health Insurance

Mental Health Support

Risks

AI-generated music could disrupt traditional publishing models, affecting Kobalt's revenue.

Direct-to-fan platforms may lead artists to bypass companies like Kobalt.

Legal battles over copyright infringement could result in costly litigation for Kobalt.

Differentiation

Kobalt offers a modern alternative to traditional music business models.

The company provides real-time, transparent reporting through the Kobalt Portal.

Kobalt's flexible contracts allow creators to retain 100% ownership of their work.

Upsides

Increased demand for real-time data analytics benefits Kobalt's transparency and efficiency.

AI-driven music funding platforms create new partnership opportunities for Kobalt.

The shift towards digital services enhances the importance of Kobalt's royalty collection system.

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