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Sr Mgr Production Finance Ca
Viacom
Hollywood, CA, United States
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Overview and Responsibilities
The Sr. Manager of Production Finance will be responsible for overseeing financial project management that supports programming for original (scripted and unscripted), ancillary specials and live events for BET Networks. The position will support the Vp of Production Finance and provide leadership to a dynamic production accounting team.
• Responsible for collaborating with the head of Production Finance on policies and procedures compliance, work flow management as well as create and continue to develop estimating techniques and new methodologies to provide tracking efficiencies and process improvements
• Manage show level production accountants for his/her shows
• Responsible for the fiscal management of the production accounting life cycle from development through audit for original and co-finance programming
• Oversee corporate reporting inclusive of month end close, balance sheet reconciliations; budgeting/forecasting for spend; offline schedules and year end reporting
• Facilitate and manage pre-production finance and accounting inclusive of pre-funding, greenlight approval, internal project and production company set-up, budget review, production cash flow and payroll/accounting system set-up
• Management review and analyze of all weekly production finance deliverables including: cost reports, overages, hot costs, ledger bibles, balance sheets, check registers, and bank reconciliations to ensure accuracy and strict policy compliance
• Responsible for ensuring all network paid costs and production advances are recorded in the production balance sheet and general ledger
• Manage production incentive workflow, including but not limited to applications, audits, qualified expense tracking, ensure receipt of tax credits or cash and assist with tax incentive analysis to determine the best location to capture the highest return of rebates and tax credits to the network
• Coordinate desk and field audits for production cost verification and operational audits
• Assist in the selection and hiring of freelance production accountants
• Provide financial support to Production Management Executives by monitoring the progression of production and providing real-time resolutions for any financial issues
• Actively engage with HR, Labor Relations, Corporate Accounting, Internal Audit, Global Sourcing, IT to ensure production finance policies and procedures are current and effectively implemented on our productions
• Identify cost/spend trends through historical data, financial analysis and budgets
• Liaise with Production Management and Global Sourcing teams to identify cost efficiencies for production cycle
• Develop relationships with Film Commissioners, CPA audit firms, Accountants, Producers and Payroll Companies to build resources and networks from which to gather industry information and help ensure all production finance processes are current, reasonable and timely
• Keep abreast of current and changing industry trends, evolving technologies and production incentives
• Plan and perform special projects
Basic Qualifications
Requirements:
• Bachelor’s degree in Finance or Accounting
• Minimum of 7 years of significant experience in production accounting in television and/or motion picture and leading a diverse team
• Must have in-depth knowledge of television and motion picture finance and accounting practices
• Understand state and international tax incentive laws and credits
• Demonstrate ability to operate in a dynamic corporate environment and work under pressure in a positive manner
• Effective at partnering with internal and external clients in order to obtain key information
• Strong analytical skills mandatory to identify issues and recommend solutions
• Possess organizational skills and the ability to manage competing priorities
• Solid knowledge of MS Office Suite and Applications, Global Vista, PSL, Movie Magic Budgeting, SAP
• Passionate and willingness to learn