Agencies
Tour Accountant
Mid Level
London, United Kingdom
in office
Full time
Job description
About the Role
Is primarily responsible for settling the financial aspects of clients' tours for the agency, including confirming the accuracy of settlement details such as compensation, withholding tax and deductions. The Tour Accountant acts as the liaison between agents, clients and clients' business managers to ensure all tours are settled in a timely manner. MUSIC·TEAM represents prominent artists across all genres for live performance, touring, brand partnerships, and beyond, and is part of THE·TEAM, a global sports, music and entertainment operation.
Key Responsibilities
- Review settlement details of shows and confirm the artist was fully compensated for the show/tour – via funds paid to the agency, funds paid to the artist, or a combination thereof – and process any applicable refunds due to cancellations
- Review and verify applicable deductions and/or withholding tax that occurred at the source
- Assess and calculate THE·TEAM's liability to withhold non-resident withholding tax
- Verify and chargeback any expenses where applicable
- Prepare and handle tour statements from start to finish – send initial draft to agents for approval and follow up on subsequent reviews/changes from artists' management team
- Resolve any issues or discrepancies to ensure THE·TEAM and clients' records are balanced
- Submit statements due to clients and collect funds due to THE·TEAM
- Provide financial analysis for all artist advances and/or loan requests and oversee the disbursement and repayment of the approved advances/loans
- Manage and oversee the work of the Client Accountant, Assistant Client Accountant and Accounts Administrators
- Provide training and support to up-skill new members and develop team members
- Assist in identifying and labelling funds when needed
- Maintain the highest degree of artists' financial confidentiality
- Take on additional tasks and responsibilities as assigned
Required Experience & Qualifications
- Degree in Accounting/Finance or equivalent experience
- Excellent numerical and analytical skills
- Impeccable communication skills (oral, interpersonal, and written)
- Ability to prioritise and meet deadlines
- Demonstrated ability to troubleshoot and to anticipate issues that may arise proactively and quickly determine next steps
- A high level of self-motivation, autonomy and initiative
- Meticulous attention to detail
- Must be able to effectively perform tasks in a fast-paced working environment
Preferred Skills
- Experience with live events/touring experience is a plus
About the Company
MUSIC·TEAM is a leading global agency representing prominent artists across all genres for live performance, touring, brand partnerships, and beyond. MUSIC·TEAM is part of THE·TEAM, which operates at the epicenter of sports, music and entertainment, serving talent, brands and properties on a global scale, headquartered in Los Angeles with a presence spanning 28 countries and more than 70 cities.
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