Financial Manager

Job Summary:

The Financial Manager / Accountant is responsible for managing the financial health of an

artist’s career, ensuring accurate budgeting, income tracking, and tax compliance. This role

involves handling royalties, contract payments, expense management, and financial planning

to maximize the artist’s earnings and financial stability. The Financial Manager works closely

with the artist, managers, legal teams, and booking agents to oversee all financial transactions

and ensure transparency in financial operations.

Key Responsibilities:

1. Financial Planning & Budgeting

• Develop financial strategies to manage the artist’s income, savings, and investments.

• Create annual budgets for tours, music production, marketing, and other expenses.

• Ensure financial decisions align with long-term career growth and sustainability.

2. Income & Expense Management

• Track all revenue streams, including concert earnings, royalties, merchandise sales, and

brand deals.

• Monitor daily expenses and ensure responsible financial management.

• Optimize cash flow to prevent overspending and manage financial risks.

3. Royalty & Revenue Tracking

• Ensure the artist receives accurate and timely royalty payments from record labels,

streaming platforms, and licensing deals.

• Track performance-based revenues, including tour earnings and sponsorship fees.

• Work with streaming platforms, publishers, and distributors to ensure correct revenue

allocation.

4. Tax & Compliance Management

• Ensure tax compliance by managing filings, deductions, and financial reporting.

• Advise on international tax laws for artists working globally.

• Work with legal teams to ensure financial agreements comply with industry regulations.

5. Contract & Payment Oversight

• Ensure all contracts have clear payment terms and that the artist is compensated fairly.

• Review sponsorship deals, licensing agreements, and concert contracts from a financial

perspective.

• Monitor contract fulfillment to ensure payments are made on time.

6. Investment & Wealth Management

• Advise the artist on long-term financial investments and retirement planning.

• Recommend opportunities to diversify income streams beyond music (e.g., real estate,

startups, stocks).

• Ensure the artist’s assets are protected and strategically managed.