The Accounts Manager is responsible for managing the financial activities and accounts of a theatre. This role involves overseeing financial transactions, maintaining accurate financial records, preparing budgets and financial reports, and ensuring compliance with financial regulations.
What are the main responsibilities of an Accounts Manager?
- Manage the theatre’s accounts payable and receivable, ensuring timely payments and accurate invoicing
- Monitor and manage cash flow
- Develop and prepare annual budgets
- Prepare monthly, quarterly, and annual financial reports
- Conduct internal audits
- Coordinate with external auditors during annual audits
- Ensure compliance with financial regulations
- Oversee the processing of payroll, ensuring employees are paid accurately and on time
- Manage financial software and systems, ensuring they are up-to-date and functioning efficiently
- Maintain the integrity and accuracy of financial data
- Participate in strategic planning initiatives
- Implement cost control measures
What qualifications do I need to be an Accounts Manager?
A degree, training or qualifications in Accounting, Finance, Business Administration, or a related field is typically required.
Search through training opportunities from across the theatre industry
What skills do I need to be an Accounts Manager?
- Financial expertise
- Accounting knowledge
- Analytical skills
- Attention to detail and accuracy
- Organisational skills
- Time Management skills
- Record Keeping skills
- Communication Skills
- Verbal and Written skills
- Interpersonal skills
- Technical proficiency
- Proficiency with financial software and accounting systems (e.g., QuickBooks, Sage)
- Advanced skills in Microsoft Excel for financial analysis and reporting
- Critical thinking
What does a career as an Accounts Manager look like?
Starting in roles such as Finance Assistant, Junior Accountant, or Book-keeper provides foundational experience. With experience, individuals can advance to roles such as Senior Accountant, Finance Director and Chief Financial Officer.
How much does an Accounts Manager earn?
An Accounts Manager can earn anywhere between £27k - £35k per year.
The above is a guide. Pay, salary or fee can vary depending on the theatre or company, as well as your personal experience. National institutions or commercial productions can pay in excess of the above, with profit-share or community theatre paying less.
You can find theatre jobs via The Stage Jobs here
References:
https://opportunities.creativeaccess.org.uk/job/client-account-manager-27779
https://www.theticketingbusiness.com/jobs/agency-sales-account-manager-ambassador-theatre-group-uk/
https://www.randstad.co.uk/career-advice/job-profiles/account-manager
