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PRS for Music

Strategic Finance Analyst

PRS for Music London Borough of Southwark, England, United Kingdom

Musicians · 501-1,000 employees

12 h ago
financial-analyst Junior (0-2 yrs) Full-time United Kingdom
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About the role

The Strategic Finance Analyst supports the Financial Insights team by managing strategic project financial analysis, joint venture reporting, and cost modeling. They also provide financial support for litigation cases and contribute to board papers and process improvement initiatives.

What they look for

Financial analysis Financial reporting Budgeting Market analysis Activity based costing Data gathering Stakeholder management Problem-solving Excel Microsoft Office Communication skills Organizational skills Attention to detail Financial planning

Requirements

Candidates must hold a degree in Finance, Economics, or Mathematics, or be working towards a professional finance qualification. Strong analytical, communication, and Excel skills are essential for this role.

Benefits

Study support

Full description

Overview

The Strategic Finance Analyst supports the Financial Insights Manager and takes responsibility for specific tasks and initiatives within the Financial Insights team, primarily related to Strategic Project financial analysis, Joint Venture financial reporting, Market Analysis, Finance support to Litigation cases and managing cost models such as Activity Based Costing, Cost to Serve and Cost to Distribute.

Responsibilities

Financial Planning and Reporting:

  • Responsible for tracking financials and business partnering relating to key strategic projects, providing financial assurance for the actual costs being reported and comparing these to the business case & budgeted costs
  • Produces the monthly financial dashboards which provide insight and analysis of PRS Joint Ventures
  • Support the analysis and evaluation of the Joint Venture Budgets and PRS’s expectations for the Joint Ventures financial performance
  • Responsible for maintaining an external market analysis model, issuing quarterly updates to the Strategic & Commercial finance teams to support the PRS Budgeting and 5 year plan process.

Strategic Initiatives:

  • Takes a lead role in maintaining the ABC (Activity Based Cost) model, Cost to Serve and Cost to Distribute models
  • Working with PRS Legal to provide Finance support to current Litigation cases
  • Supports the analysis of the performance of major initiatives within the Joint Ventures that PRS is funding
  • Provides analysis for and inputs into Board Papers relating to PRS Joint Ventures.

Other:

  • Works closely with other Finance teams to continually improve end to end financial processes and development of related systems
  • Supports process improvement projects within the team to add greater value to analytical, planning and reporting processes.

About you

  • Degree educated in a Finance / Economic / Maths discipline, and/or a desire to start or complete a professional finance qualification (study support available after completing six month probation period)
  • Strong organisational skills and attention to detail
  • Effective communication skills
  • Excellent data gathering, reporting and analysis skills
  • Numerate and analytical
  • Good stakeholder management skills
  • Problem-solving
  • Excellent excel skills
  • Proficient user of Microsoft Office.

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