Assistant Manager Finance & Admin
Location
Mumbai | India
Job description
About Sony Music Publishing
Sony Music Publishing, established in 1995, is the world's leading music publisher. The company owns or administers a diverse catalogue of songs by iconic artists including The Beatles, Queen, Motown, Carole King, Stevie Wonder, Michael Jackson and The Rolling Stones, as well as contemporary songwriters like Ed Sheeran, Beyoncé, Lady Gaga, Olivia Rodrigo, Pharrell Williams, Rihanna and many more.
About the Department
The Finance Department comprises all finance, administration processes (new contracts with Writers, writer advances, revenue receipts from Music Societies), synchronization deals with our Clients ensuring timely and accurate reporting upon Statutory and IFRS requirements.
About the Role
As a team member of the Finance Department assisting the Finance Director, you will be responsible for the day-to-day finance and accounting functions, monthly statutory payments, monthly book closings and MIS reporting, supporting with statutory audits, monitoring royalty reports, managing bank payments while developing a culture of service excellence.
What You'll Do:
Maintaining Books of Accounts & Compliance
- Assist Finance Director proper maintenance of local and US GAAP books of account
- Intercompany accounts reconciliation
- Preparation of monthly GSTR1 / GSTR3B and coordination with consultant for filling
- Quarterly filling of TDS returns
- Assist in filling company annual returns
Audit
- Preparation of monthly financials with supporting schedules
- Filling income tax return and taking care of transfer pricing compliance
- Preparation of form 3CD and coordinating with tax consultant for filling
Accounts Payable
- Responsible for accounting vendor invoices and pay-out as per the agreement
- TDS and GST compliance check on vendor invoices
- Bank reconciliation and cashflow statement management
- Document preparation for cross border royalty payments and co-ordination with bank
Accounts Receivable
- Responsible for revenue invoicing as per the terms of contact and maintain the revenue register
- Follow up with internal team for collections and circulate the debtors aging
Royalty & Copyright Processing
- Reconciliation of royalty receipts and payments to company statement of accounts
- Ensure procedures are in place to register completely, accurately, and timely
- New catalogues and writer's advances in the corporate system dedicated for royalty processing.
- Royalty receipts from Society from several revenue sources.
- Run pay-out to writers of due royalties.
- Data processing in royalty management system (ERP)
Who You Are:
Essential requirements
- Qualifications: Bachelor Degree, Semi-Qualified accountant, MBA finance
- Advanced analytical skills, ability to translate data into meaningful analysis and insights
- Knowledge of and interest in all of accounts and finance functions
- Ability to communicate effectively verbally and in writing to explain financial data as well as advocate a point of view
- Conceptual thinking – problem solving skills
- Effective at taking initiative, setting priorities, and driving self and others towards achieving goals
- Process driven with a focus on execution
- Accurate, organised, and able to handle multiple priorities and meet deadlines
- Strong skills in Microsoft Office Software applications and ability to learn customized systems
- Knowledge of NAVISION accounting system
- Strong Verbal and written communication skills
- Ability to build professional relationships
- Ability to work in a team
Desirable requirements
- Copyrights law knowledge
- Work experience in music, publishing or finance
What We Give You:
- You join an inclusive, collaborative, and global community where you have the opportunity to fuel the enhancement of professional accounting environment
- A modern office environment designed to foster productivity, creativity, and teamwork
- An attractive and comprehensive benefits package
- We invest in your professional growth & development
Job tags
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