Finance Assistant, Kobalt Music

Salary not provided

Entry and Junior level

London

3-5 days a week in office

Music services company of tomorrow

Job no longer available

Music services company of tomorrow

501-1000 employees

B2BMusicPublishingEntertainmentData Sharing

Job no longer available

Salary not provided

Entry and Junior level

London

3-5 days a week in office

501-1000 employees

B2BMusicPublishingEntertainmentData Sharing

Company mission

To improve the future of music by combining music services and technology empowering artists, songwriters, publishers, and labels with innovative technology, transparency, flexibility, ownership, and control.

Job

Company

Role

Who you are

You have excellent organisational and time management skills as well as great awareness of deadlines and competing priorities
You are a strong team player and communicator with ability to collaborate with various stakeholders
Bonus points for demonstrating strong Excel skills and previous use of Netsuite
Most importantly is that you can adapt to a fast-paced department as well as have an interest in obtaining an ACA/ACCA or CIMA qualification (Kobalt will support you through the qualification and cover any cost of study materials, course fees and exam entry fees plus you'll be entitled to between 1.5 to 2.5 days paid study leave days for your first attempt at any paper depending on level subject to a limit of ten days in any calendar year).

What the job involves

Kobalt Music is seeking a Finance Assistant to join our Global Finance team. Reporting into the Director of Treasury, you will be part of the team responsible for performing accounts payable activities for all Opex related costs within the business, along with supporting client payments
You will also also support the broader finance team with other ad-hoc tasks and projects as required
You will be processing all daily invoices, setting up payments as well as managing payment runs twice a week
You are responsible Supplier Statement Reconciliations as well as handling all internal and external queries related to your areas of responsibility
You also ensure we comply with company financial processes and procedures
You will use Netsuite on a daily basis to process purchase orders, bill open purchase orders, process payments in Kyriba, our treasury system, as well as Excel for reconciliations

Salary benchmarks

Our take

Kobalt manages the reporting and collection of digital music royalties for over 30,000 songwriters, 700,000 songs, and 500 publishing companies worldwide including Roddy Ricch, FINNEAS, Stevie Nicks, and Paul McCartney.

It's aiming to increase trust between the music and technology industries in order to build a new infrastructure that benefits fans, creators, rights owners and DSPs.

The transition from purchasing to streaming in the music world has added complexity to how royalties are distributed and collected while also increasing the size of the music industry in terms of the revenue it generates. Kobalt benefits from both of those trends.

Steph

Company Specialist at Welcome to the Jungle

Insights

Top investors

42% female employees

0% employee growth in 12 months

Glassdoor (3.5)

Company

Funding (last 2 of 8 rounds)

Mar 2019

$105.3m

LATE VC

Oct 2017

$15m

LATE VC

Total funding: $454.2m

Company benefits

Global Corporate Discounts
Family friendly benefits
Learning Opportunities
Work from home opportunities
Health insurance
Subsidised gym membership
Cycle-to-work scheme
Interest-free season ticket loan
25 days holiday (excl. bank holidays)

Company HQ

City of London, London, UK

Additional info

Kobalt represents on average over 40% of the top 100 songs and albums in both the US and UK
This is an established yet fast growing creator-centric company of artists and songwriters including The Chainsmokers, Kelly Clarkson, Miles Davis, Dave Grohl, Lauv, Zayn Malik, Max Martin, Nick Cave & The Bad Seeds, Paul McCartney, Stevie Nicks, Pitbull, Elvis Presley, Skrillex, Sam Smith, and many more

Leadership

Willard Ahdritz

(Chairman)

Previously worked as Senior Manager of L.E.K. Consulting, and was Executive Chairman of AWAL. Also founded AMRA Music.

Share this job