Finance Business Partner

We are seeking an experienced Finance Business Partner to provide financial leadership, assurance, oversight and governance across all finance activities supporting MCPS (Mechanical Copyright Protection Society).

The role acts as the primary point of accountability for ensuring that finance services delivered by PRS Finance (service provider) on behalf of MCPS are performed effectively, accurately and in accordance with agreed service levels, while overseeing finance activities that remain under MCPS ownership.

The MPA works on behalf of its wide-ranging membership to protect and enhance the rights of the music publishers and creators at the heart of British music’s extraordinary cultural and economic success story. We strive to be the catalyst for positive change in the music publishing community, by empowering our members and by advocating on behalf of our industry with passion, integrity, respect for others and with the creator at the heart of everything we do.

The MPA also owns and operates its subsidiary businesses MCPS and PMLL (collectively known as The MPA Group).

MCPS (Mechanical Copyright Protection Society) is the UK collection society that licenses mechanical (reproduction) copyrights on behalf of over 46,000 music publisher, songwriter, composer and lyricist members.

Reporting to the COO the Finance Business Partner is responsible for providing financial leadership, assurance, oversight and governance across all finance activities supporting MCPS. The role acts as the primary point of accountability for ensuring that finance services delivered by PRS on behalf of MCPS are performed effectively, accurately and in accordance with agreed service levels, while overseeing finance activities that remain under MCPS ownership.

• Provide independent oversight and assurance of all finance processes and services delivered by PRS on behalf of MCPS.
• Build and maintain strong working relationships with PRS Finance leadership and dedicated finance resources supporting MCPS.
• Ensure finance activities are delivered in accordance with agreed policies, controls, regulatory requirements, SLAs and KPIs.
• Identify, manage, and elevate service delivery issues, driving resolution where performance falls below agreed standards.

• Review, challenge, approve, and provide assurance over financial reports, management information and analysis produced by PRS on behalf of MCPS.
• Act as the accountable approver for finance-related reports, audits, requests, submissions and information shared with MCPS stakeholders.
• Ensure reporting is accurate, complete, timely and supports effective decision-making.
• Oversee, and approve reporting relating to performance, cash flow, BIEM, CISAC and other management and regulatory reporting, including providing commentary and context on behalf of MCPS and wider MCPS partners where appropriate to PRS.
• Review PRS finance systems where access has been provided to MCPS.

• Lead the development of MCPS budgets, forecasts and financial plans. Communicate these to PRS.
• Support in generating material to provide financial commentary, analysis and performance insights to the MCPS Board.

• Oversee collections, accounts receivable and credit control activities associated with MCPS licensing operations, including areas where sync and production music licensing is managed directly by MCPS.
• Hold accountability for the effective management of invoicing, aged debt, debt recovery, cash collection performance and credit risk where this is owned by MCPS.
• Manage Credit Control and Accounts function within MCPS responsible for undertaking day-to-day collection activities, ensuring performance targets and controls are maintained.
• Support the transition and ongoing management of invoicing activities where these are brought in-house by MCPS.

• Act as the senior finance lead for exceptional, complex, or escalated finance matters affecting MCPS, such as issues related to withholding tax matters - territory-specific.
• Commission and manage external finance, tax, audit, or advisory support where specialist expertise is required on behalf of MCPS.

• Review findings from internal and external audits and oversee remediation activities…