Collins has worked in senior managerial positions within the music industry and most recently, was director of financial planning and analysis at Sanctuary Music Group. He has also worked at Virgin Records, where he was head of business support.
Simon Hargreaves, who was acting group finance director, will resume his position as a non-executive director at EBTM.
EBTM commercial director Grant Calton he stepped down as commercial director of the group. He will continue his involvement with the business as a non-executive director.
EBTM chairman David Howell said: "The business is in a phase of rapid development and I am delighted that Ian will be joining us at this time. His wide ranging financial experience, both inside the music industry and outside it, will be invaluable to us."