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Production Accountant - TV Entertainment - London

  • Location: London
  • Salary: £40,000 - £50,000 per annum
  • Job Type:Permanent

Posted 5 months ago

  • Sector: finance
  • Type: hybrid
  • Contact: Charley Callier
  • Contact Email: charley.callier@handle.co.uk
  • Expiry Date: 07 March 2024
  • Job Ref: BBHPA060224

We are looking for two experienced Production Accountants to join a growing Entertainment business based in Central London on a full-time, permanent basis. You will join an industry-leading company that works alongside some of the world's major names within the production business.

The ideal candidate will have a background within Production and is someone can work in a fast-paced environment, adhering to deadlines whilst working closely with both internal and external partners to ensure accurate and time-efficient accounting.

Key responsibilities:

  • Manage a slate of allocated productions across the group.

  • Build and maintain a strong relationship with Production Execs and Production Managers. Meet with new production teams and ensure they are fully aware of company financial procedures and adhere to them throughout the production period.

  • Help production teams with the setup and operation of their production on PMI

  • Compile and update all production finance information (e.g. production budget, cost reports, cash-flows, edit schedules) through appropriate shared files or PMI with full access for the relevant PFMs to review at any point

  • Work with production managers to ensure accurate financial control of all production costs

  • Be the initial point of contact for all financial matters for your allocated productions, liaising with both the purchase ledger department and management accountants where required

  • Monitor all spending on your allocated productions, including supplier/freelancer invoice submission, petty cash spend, and expense claims (ensuring correct invoicing and paperwork are submitted at all times)

  • Post internal recharges and levies/deductions against your productions

  • Review cost reports regularly, including current spending and projected costs and meet at regular intervals with production managers to correctly reflect the current position.

  • Compile and agree (with Production Managers and Production Executives) monthly figures for submission to relevant PFMs highlighting any significant changes from the previous month's submissions. Apply correct accounting recognition policy for productions each month - updating PFMs when and where schedule changes occur.

  • Alert PFMs of any potential risks or concerns on allocated productions

  • Prepare weekly cash flow for relevant productions with accurate outflow and realistic inflow projections based on regular dialogue with the legal department. Invoice broadcasters and monitor outstanding debts for allocated productions adjusting cash flow projections accordingly.

  • Take responsibility for final reports & paperwork once production is complete

  • Periodic full financial closure of completed allocated productions

  • Preparation of required production information and reports for yearly (and mid-year) audit(s)

  • Travelling to the regional offices/location production offices where required to help with set up and ongoing production finance issues

  • Carry out ad hoc projects when required (e.g. budget checks for production executives, production spend analysis, series comparisons)

  • Demonstrate a financial awareness and understanding of basic accounting principles

  • Manage several projects simultaneously (with fast-changing demands) and prioritise tasks accordingly.

  • Planning for each production where potential problems have been identified, financial period closes may impact the production or cover for leave is needed.

  • Remain up to date with industry developments and company guidelines (e.g. expense/travel policy, payroll procedures & auto-enrolment)

Key skills:

  • Previous experience of working as a Production Accountant or significant experience as an Assistant Production Accountant

  • Excellent communication and interpersonal skills

  • Highly organised

  • IT proficient with strong MS Excel skills

  • A genuine interest working within the Media and Entertainment industry

Apply today!

Handle actively welcomes applicants from under-represented backgrounds - we pride ourselves on attracting the best talent for every opportunity through a commitment to equality, diversity and inclusion.