Full Time Job

Senior Manager, Production Finance

Showtime

Los Angeles, CA 01-06-2021
 
  • Paid
  • Full Time
  • Senior (5-10 years) Experience
Job Description

Showtime is seeking a Senior Manager, Production Finance FP&A! This role will support FP&A operations for our original, co-produced and licensed programming. This is an excellent position for someone who has a comprehensive understanding of production finance and accounting and is looking to bring their strong analytical skills and forecasting abilities to a fast-paced industry leader. Key duties will include forecasting and tracking production cost ultimates and cash flows for all original programming and development projects. This position will work cross-functionally to directly support Production Accounting, Corporate Finance, Business Affairs, Production, Treasury and Tax. This position will report to the Director, Production Finance FP&A.

The ideal candidate will be highly driven, possess strong interpersonal skills, be able to process many tasks simultaneously with accuracy and take the initiative to drive operational improvements.

Responsibilities
• Creating financial models for all original programming, development, and first look/overall deals, including tracking production commitments, analyzing and reporting production cost ultimates and forecasting production cash disbursements and receipts.
• Leading monthly estimate and close processes and annual budget and long-range plan cycles, including analyzing and reporting variances of production costs and cash flows, reconciling internal forecasts to accounting systems, and liaising directly with Planning & Scheduling to deliver programming slates to the Finance team.
• Working closely with Production Finance and Production Accounting to acquire updated production budgets and cash flows and coordinate the journaling and payment of production expenses.
• Leading the payment process for all zero-balance-account production funding of Showtime-produced original programming and all license fee and deficit payment funding for Showtime's licensed and co-produced programming, including coordinating with external studios, producers, business managers, etc.
• Work with senior management in the creation of key financial analytics for critical initiatives and deal negotiations related to original programming.
• Ensuring the impact of production schedules, license fee commitments, production breakage items and co-production deals on ultimates and cash flow are forecasted accurately and fall in line with Showtime's financial goals.
• Handling external and internal auditor requests related to SOX controls and quarterly financial reviews.
• Leading data reporting to Tax Department for quarterly and annual tax package requests and for ensuring that all production related tax filings are complete.
• 5-7 years of experience, with at least 3-5 years working in a Finance or Accounting role.
• Detailed knowledge of production finance functions, production accounting and budgeting, and entertainment industry business practices.
• A comprehensive understanding of accounting principles and practices, general ledger systems and accounts payable functions.
• Ability to interpret complex contracts, such as co-production and license agreements, production service agreements, program rights acquisition contracts, overall and first- look deals, script deals, and option agreements.
• Advanced Excel and PowerPoint skills required.
• Experience in Microsoft Access, general ledger accounting systems and planning/analysis systems preferred (SAP, BW, Oracle, Tableau, EP Smart Accounting).
• Willing to challenge the status quo, advocate for Showtime's diverse and inclusive culture, and always act in Showtime's best interest
• QUALIFICATIONS:
• 5-7 years of experience, with at least 3-5 years working in a Finance or Accounting role.
• A comprehensive understanding of production finance functions, production accounting and budgeting, and entertainment industry business practices.
• A comprehensive understanding of accounting principles and practices, general ledger systems and accounts payable functions.
• Ability to interpret complex contracts, such as co-production and license agreements, production service agreements, program rights acquisition contracts, overall and first- look deals, script deals, and option agreements.
• Advanced Excel and PowerPoint skills required.
• Experience in Microsoft Access, general ledger accounting systems and planning/analysis systems preferred (SAP, BW, Oracle, Tableau, EP Smart Accounting).
• The ideal candidate:
• Has strong communication skills with the ability to interact with senior management and other high-level industry executives.
• Works effectively and efficiently under pressure and tight deadlines.
• Thinks critically and analytically and can process a large volume of transactions and scrutinize large data sets with a high level of accuracy and organization.
• Utilizes knowledge and experience to exercise sound business judgment and make independent decisions.
• Thinks big-picture and can conceptualize the need for and effectively implement process improvements.
• Learns quickly, conducts self-reviews, checks work and learns from mistakes.
• Is curious, passionate, and enthusiastic about entertainment finance.
• Is willing to challenge the status quo, advocate for Showtime's diverse and inclusive culture, and always act in Showtime's best interest.



ABOUT US:

SHOWTIME continues to make its mark across the cultural landscape with one of the most successful programming lineups in television - featuring critically acclaimed original series, provocative documentaries, box-office hit films, comedy and music specials and hard-hitting sports. SHOWTIME has an unparalleled roster of hit original content, including some of the top scripted series in cable: SHAMELESS and BILLIONS. The network is the home to rich, bold and inventive storytelling in series like THE CHI, THE L WORD: GENERATION Q, CITY ON A HILL, WORK IN PROGRESS, BACK TO LIFE and BLACK MONDAY, along with limited series THE GOOD LORD BIRD, YOUR HONOR and THE COMEY RULE. Unscripted programming includes the brand's first ever late-night talk show, DESUS & MERO. Recent lauded docu-series and documentary films include COUPLES THERAPY, LOVE FRAUD, OUTCRY, THE REAGANS, KINGDOM OF SILENCE and BELUSHI, as well as Emmy®-winning news series VICE and political documentary series THE CIRCUS.

JOB CATEGORY: Finance

FUNCTION: Finance/Accounting

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