Director, Production Finance
Full Time Job
Overall financial responsibilities for Nickelodeon’s Preschool and Animation series productions and development. This position assists in managing the budgeting, planning, forecasting, and performance tracking activities of the studio. Responsibilities include partnering with bi-coastal Production Management group, Current Series productions and executive leadership, and Development on accounting and financial overview for all production genres and studio related business deal analysis and execution as well as the growth, development, and training of staff.
Production Finance Management:
• Day to day management of finances and relationships for series production and development, supporting internal and 3rd Party Productions.
• Manages financial aspects of series production and involvement with the creation/review of production budgets, conduct ongoing meetings with production to analyze the current status of the budget to identify areas for reallocating funds or potential deficiencies.
• Coordinate the release of timely cost reports, production variance schedules and dashboards, production cash flows, and production post-mortems.
• Continue to maximize SAP cost reporting abilities for internal and external productions; collaborate with productions on the opportunities to utlize our systems to create efficiencies and maintain financial controls.
• Provide and present clear, accurate and timely production planning scenarios and analysis to Producers.
• Support East and West Coast production groups, managing production budget review/approvals, cost report distribution, and production finance analysis.
• Support VP, finance in a variety of cross-functional, studio-wide strategic projects.
• Contribute to the design and build of analytical reports and tracking tools used for reporting and analysis.
Corporate Finance Management
• Aggregate and analyze financial information specific to production and provide insight into best practices for the Production Finance track. Partner with Kids &Family (K & F) Programming Finance to reconcile and true-up productions’ Estimated Final Costs (EFC) and Long Range Plans (for both expense & cash).
• Analyze, track and research variances regarding actuals vs. budgets/estimates; identifying risks and opportunities, ensuring that all data is properly loaded into financial systems and information managed to relevant client groups.
• Partner with K&F Programming Finance team to compare cash flow pacing to the series EFC and provide projections of where productions will finish based on production schedules.
• Assist with requests regarding continuous improvement initiatives, production/studio matters, cash flow analysis, journal entries, and internal/external audit requests as necessary.
• Provide support for studio budget/planning, quarterly estimates of episodes delivering to the network and all duties concerning month/quarter-end closes, preparation of monthly reports, ad hoc reporting requests, SOX and GAAP compliance.
• Ad hoc reporting as necessary to support East and West Coast studios, productions, development and WC based/satellite groups (i.e. Special Events, Talent Management).
• Help supervise local team who together will support day to day activities of all series productions, including individual show accounting for in house productions, payroll, SAP/Market support, coordinate with bicoastal production groups on cost reporting, and ancillary billing for outside production work.
• Develop and mentor talent to ensure strong foundation and growth for production finance team.
• Identify strengths and weaknesses and outline action steps for improvement of job performance.
• 6 years finance/accounting experience, preferably within the media/entertainment landscape
• Bachelor’s degree in accounting, finance, or related field
• Prior experience managing a team strongly preferred
• Highly proficient in Excel, Microsoft Word, and PowerPoint
• Strong working knowledge of accounting for episodic Live Action or Animation TV shows and/or previous experience in a corporate accounting/finance setting
• Prior production accounting and/or production finance experience preferred
• Ability to forge partnerships with producers, production managers and studio executives.
• Experience with SAP a plus
• Knowledge of the entertainment industry, especially TV production preferred
• Familiar with Local 839 IATSE Agreement related to animation guild contracts
• Excellent leadership, teamwork, critical thinking and communication skills
• Adhere to confidential nature of highly sensitive material
• Appreciates/pays attention to detail but possesses the ability to see the bigger picture and understands the relevance.
• Efficiency, speed, accuracy, pro-active approach to job, and strong interpersonal skills essential
• A willingness to work as part of a team and cover other roles as necessary
• Ability to solve problems/be inquisitive, organize and prioritize multiple tasks and meet deadlines
• Works well under pressure and completes (both individual and joint) projects on a timely basis
• Improvement-oriented and innovative perspective a plus