Head Of TV Production Finance
Sony Pictures
Remote, NHThis was removed by the employer on 7/22/2024 6:32:00 PM PST
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Full Time Job
Please note that this role is based in the United Kingdom. In order to enable us to meet statutory and regulatory obligations of the United Kingdom immigration system you must have the appropriate immigration permission needed to work and reside in the United Kingdom.
This role can be based out of our Manchester or London office. Ideally at least 1 day per week in the Manchester office.
Sony Pictures company based in Manchester, is looking to hire an experienced Finance Director/ Head of Production Finance to join a creatively led, inherently curious and passionate producer of international drama at an exciting time of transformation for the company!
This hands-on role will be responsible for the provision of all financial support including financial planning and budgeting, reporting, production accounting, financial control, compliance and accounting.
The role will work closely with the SVP & VP Production, VP Finance, International TV Production for Sony Pictures Entertainment, GFO accounting functions, Corporate Treasury, IT, and others as required.
What you'll do:
Business, operational and production finance support
• Provide financial decision support to the SVPs & production teams on all financial matters
• Support production department on questions around internal budgeting for all shows
• Establish and maintain proper accounting, tracking and reporting of production costs
• Advising and reviewing Government funding submissions and funding incentives Planning, Budgeting and Management reporting
• Manage approval process for cost reports prepared by the production teams
• Support customer and vendor negotiations, giving financial input/feedback on contracts
• Support recruitment and management of freelance Production Accountant for shows
• Prepare production cash flows and management of cash funding requirements
• Oversee and assist with cost management across productions and operations
• Coordinate and manage MRP (mid-range plan), and annual budgeting cycles, presenting budgets to the International Production Senior Management team
• Ensure financial integrity of all planning and management reporting
• Working knowledge of film and television production accounting systems
• Perform and report monthly management reviews for P&L, cash flow, working capital and balance sheet, preparing overhead reporting, local management accounts and variance analysis
• Effectively manage operational cash flow and cash flow forecasting to support the business needs in accordance with policy
Financial accounting, audit and transactional support
• Manage and perform month-end close process, signing-off on trial balance and monthly Management Pack, tax packs and resolve Home Office enquiries
• Ensure reconciliations between production accounting systems, Costs Reports and SAP are accurate and prepared on a timely basis
• Manage pre and post-production payroll and invoice payments
• Manage local payment approval and ensure PO and non-PO invoice approvals are in line with SPE approvals (COFA) and journal postings according to Company financial policies
• Manage the production of statutory accounts
• Manage productions statutory year end audit and other tax, and payroll
Control and Risk Management
• Create and maintain appropriate business and financial controls for forecast, planning and reporting processes with financial impact and maintains internal control safeguards
• Establish and ensure adherence to corporation policies, procedures for financial accounting and reporting and external requirements (IFRS)
• Roll out new corporate policies and procedures as required
Communication and Team Leading
• Build and maintain relationships across Finance, the Business, production teams and third parties
Project and Continuous Improvements
• Identify and implement process improvements and enabling tools and systems to provide enhanced financial and operational information
• Support and involvemen