Head of Finance Operations

Job description

FUGA provides forward-thinking music distribution, technology, and marketing services to forward-thinking music companies. Working at the heart of the music industry with more than 800 clients, including Beggars Group, Epitaph, Naxos and Ninja Tune, FUGA is the world’s leading full-service B2B music distributor. FUGA works at the forefront of music distribution technology, connecting its clients with digital service providers like Spotify, Apple Music, and Amazon Music while helping them get the most from their music, whether that’s with award-nominated label services, industry-leading revenue accounting, or using FUGA’s suite of best-in-class products.


We are currently looking for a strong operational leader to join our Finance team as the Head of Finance Operations. The successful candidate will manage the day-to-day operations in the Finance team, with the overarching goal of operating more efficiently and effectively, to support further growth. With direct reports in operational areas including Accounts Payable, Accounts Receivable and Royalty Payments administration, the Head of Finance Operations will take the lead in further development of our back office processes.


If you have a background in financial services and accounting, have experience managing a team, and are motivated by driving operational improvements, then we are looking for you!


What You'll Do:

  • Lead a team of three Financial Administrators in the areas of Accounts Receivable, Accounts Payable and Payments

  • Review and approve payments and associated reconciliations including monthly payroll, third party vendor payments, and client royalties

  • Lead the team to ensure correct recording of invoices and bank transactions to general ledger accounts in accordance with accounting guidance

  • Take the lead in global cash management, preparing weekly reporting on actual and forecasted cash flows for local and group management

  • Collaborate closely with the other heads of the finance team to ensure financial and administrative systems and procedures are implemented efficiently and running effectively

  • Optimize the internal finance operations and systems, identifying opportunities for improvements in our financial processes and taking the lead in improvement projects

  • Be the Internal Administrator for our financial ERP system (NetSuite), managing users, roles, invoice and expense claim approval workflows, and other administrative activities. Coordinate with other Finance Heads of the group to align on financial system integration opportunities

  • Administer the Finance email inbox and the rollout of Zendesk as an inbox management tool for the finance team

  • Support Annual audit and other compliance related activities

  • Perform other duties as necessary to support the finance operations team and wider business

Requirements

Who You Are:

  • Completed Bachelor's degree in Business Administration, Accounting or Economics

  • Strong accounting knowledge and the ability to apply this in an operational setting

  • Experience in an financial operations role, including experience in leading a team

  • Good working knowledge of payment processing and foreign exchange

  • Experience with financial software, MS Office and other administrative tools

  • Process-focused with a strong sense of responsibility and desire to make improvements on a daily basis

  • Proactive, detail oriented and accurate, with excellent organization skills

  • Able to prioritize and focus while working to tight customer driven deadlines

  • Strong team player

  • Comfortable communicating with clients and business partners, providing a high level of customer service

  • Tech savvy and a fast learner, with a positive minded can-do attitude

  • Excellent written and verbal communication in English language

  • A music lover


Who We Are:

  • Small, enthusiastic team in a growing company with strong ambitions

  • International business environment - colleagues and clients around the world with diverse backgrounds in music and tech

  • Egalitarian, transparent environment with career growth opportunities

  • Part of a dynamic industry: technology, media and entertainment


About FUGA

Founded in 2006, FUGA has an extensive and growing international network of clients and partners in more than 50 countries. Our HQ is based in Amsterdam, the Netherlands, with offices in London, New York, Los Angeles, Rome, Milan, Seoul, Paris, and Berlin and representatives in Tokyo and São Paulo. We operate at the heart of the music industry with clients such as Tommy Boy, Ultra Records, Curb Records, Spinnin' Records, Armada Music, Epitaph, Domino Recording Company and more. FUGA connects these record labels, artists and distributors with online stores such as Spotify, iTunes, and Apple Music. By doing so FUGA enables its clients to optimize their business processes and successfully execute their strategy. FUGA's products & services provide a complete ecosystem for the digital product cycle. Clients manage, distribute and promote their music and collect on their revenue.