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Director Production Finance/Estimating
A+E Networks
Los Angeles, CA, United States
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POSITION SUMMARY
• Hands on position working directly with the VP Production Finance, providing financial expertise on budgets, cost reporting and cashflows.
• Must be proficient in several areas of production finance and able to answer questions or inquiries in relation to budgets.
• Candidate must have and cultivate relationships with accountants, line producers and UPM’s.
MAJOR ACTIVITIES
• Develop show (Pilot, Series, MOW’S) budgets to accurately reflect estimated net costs
in a timely manner for AETN and 3rd Party clients. Must understand and be able to break down a script for budgeting.
• Implement and disseminate Guild and Union rates and fringes including but not limited to Area Standards, Background jurisdictions, current fringe rates and best industry practices.
• Comprehensive understanding of tax incentives (both domestic and foreign)with thorough understanding of crew base, estimated travel and living rates, proper jurisdiction of required personnel, etc.
• Vetting of budgets submitted from outside sources. Understanding ATL Guild rates and fringes, insuring tax incentive lines for labor or non-labor have been properly flagged, insuring fringes are properly reflected and that travel has been calculated accurately, etc.
• Vet, hire and oversee Production Accountants and Production Accounting Staff.
• Initiate, implement and audit financial policies and procedures.
• Stay current on the competitive landscape and development needs of the A&E Networks Production Finance group, as well as external networks.
• Set-up bank accounts and prepare tax credit applications working with Corporate Tax and Corporate Accounting.
• Collaborate on foreign exchange buys and track rates for maximum financial benefits working with Corporate Treasury.
• Daily interaction working with Production and Post Production teams for budget oversight and tracking.
• Manage wrap accounting process and production audits.
• Fluency in creating and managing reporting documents such as:
1. Cash Flows- Required once a show has been greenlit.
2. Topsheet Comparison- may be requested to illustrate variances between cities/countries for the same project, or between miscellaneous projects.
3. Other Ad Hoc Analyses– may include more granular investigation of specific accounts to help illustrate cost/spend trends to alert management to potential budget controls and conclusions.
Qualification Requirements
• Minimum 5-7 years of production accounting experience in scripted television
• Excellent organizational skills
• Must be able to multi-task, handle multiple productions and proficient with budgeting, scheduling and Excel
• Excellent communication and management skills
• Ability to develop external relationships within the Film and Television community and with senior executives
• Fluency in insurance matters and issues related to production
• Ability to make decisions and problem solve in a collegial environment
• A passionate commitment to quality entertainment
• Some travel required
PREFERRED QUALIFICATIONS
• Experience as a location accountant with extensive travel
• Understanding and execution with PSL, Global Vista and Movie Magic
Educational Requirements Bachelor's degree or equivalent experience
Company Overview:
At A+E Networks, we are passionate about programming that brings human stories to life, knowing that it is in life itself that those stories originate. We are committed to empowering our people, strengthening our partnerships and engaging audiences across the globe. We’re a global entertainment media company with six original brands: A&E®, HISTORY®, Lifetime®, H2®, FYI™ and LMN®. We reach 330 million people worldwide, can be found in eight out of 10 American homes and have 500 million digital users. The best part? We did it our way. A+E Networks, LLC. is a joint venture of Disney-ABC Television Group and Hearst Corporation. A+E Networks is proud to be an Affirmative Action/Equal Opportunity Employer/Disabled/Veterans.