Senior Accounts Assistant

Summary:

We are seeking a detail-oriented Senior Accounts Assistant to join our dynamic accountancy team in Central London. The ideal candidate will have a strong background in accounting practices and a commitment to delivering high-quality service to our clients.

Responsibilities:

Book-keeping

Maintaining the books and records using Sage Line 50/XERO.  This will include: 

• Posting bank and tour float transactions and reconciling at month end
• Raising and posting sales invoices, reviewing outstanding debtors and assisting with debtor collection
• Posting purchase invoices, reviewing outstanding creditors and reconciling supplier statements
• Posting credit card transactions and reconciling statements
• Reviewing agency statements, posting all transactions and reconciling against debtors
• Completion of VAT Returns on Sage/XERO in line with the new Making Tax Digital requirements

Business Management

• Assist with client onboarding and setting up client bank accounts
• Communication with Artist Management and Client Team including booking agents, tour managers and insurers to assist with day to day running of the touring activities.
• Daily review of banking and cashflow for all clients and to set up all approved bank payments.
• Communicate with suppliers and artist management to gain approval on purchase invoices to pay.
• Communicate with booking agents to gain contracts for upcoming shows, raise sales invoices and send out to the promoters.
• Communicate with record labels for tour support requests and back-end reporting.
• Cancellation insurance and withholding tax mitigation

Qualifications, Knowledge & Behaviours Required:

• AAT Level 3 qualification or equivalent in accounting
• Minimum of 2 years’ practice experience (Music preferable)
• Proficient in accounting software (e.g., Sage, Xero) and Microsoft Excel
• Timesheet management
• Strong attention to detail and accuracy in financial reporting
• Excellent organisational and time management skills
• Ability to work independently and as part of a team
• Strong communication skills, both written and verbal
• Ability to use own initiative
• Keen interest in the Music Industry