Sr. Manager, Production Finance FP&AApply
The Manager, Production Finance will manage the FP&A activities for Showtime’s original, co-produced and licensed programming. Key duties include coordinating Production Finance's role in the financial close, monthly estimate, budget and long range plan cycles. The position supports and liaises directly with Production Accounting, Corporate Finance, Business Affairs, Production, Treasury and Tax to estimate and track production cost ultimates and cash flow.
This position reports to the Director, Production Finance
Manage the monthly estimate, budget and long-range plan cycles including tracking production commitments, analyzing and reporting production ultimates, forecasting production cash disbursements and receipts and balance sheet account analysis.
Evaluate the impact of production schedules, license fee commitments, breakage and co-production deals on production ultimates and cash flow.
Responsible for the day-to-day process of cash receipts management, including foreign exchange gain/loss, co-production partner reimbursement, loans receivables and international and multi-state tax credit incentives.
Supervise the weekly wire transfers for production funding, license fees, breakage and co-production payments for series, specials, documentaries and sports.
Liaise with Participations and Residuals for the estimate cycles and weekly cash forecasts.
Coordinate the response to auditor requests related to SOX & quarterly financial reviews.
Respond to tax package requests from the tax department and ensure that all production related tax filings are complete.
Track and record product placement deals in coordination with corporate finance.
Manage departmental Access database, data warehouse reporting & analytics and IT initiatives.
Provide data analytics support for green-light models and slate analysis.
Bachelor’s degree in Finance, Accounting or related field
MBA or CPA Preferred
Minimum 5 years relevant work experience, including forecasting and budgeting experience
Production Knowledge: An understanding of production finance functions. High degree of understanding of the entertainment industry and its business practices are required. Should have knowledge of television or movie production accounting and budgeting to properly manage and accurately forecast production costs.
Accounting knowledge: Applicant must have thorough knowledge of accounting principles and forecasting concepts. Substantial experience with a general ledger accounting systems is also required, including knowledge of accounts payable functions, television or movie production accounting, and general ledger accounting practices.
Contract knowledge: Should be able to interpret complex license agreements, production and program rights acquisition contracts to accurately forecast commitments, disbursements and receipts.
Financial modeling and other computer skills: Advanced Excel skills required. Must have highly developed presentation skills in Excel & PowerPoint. Knowledge and experience in general ledger accounting systems (SAP, BW, Oracle, Tableau, EP SmartAccounting). Experience with Microsoft Access database program is preferred.
Personal Skills: Strong management and communication skills and have the ability to interact with senior management.
Decision-making: Must be able to utilize knowledge and experience to exercise sound business judgment and make independent decisions.
A high level of professionalism, confidence, and diplomacy.
Able to adapt to demands affected by a bi-coastal work structure.