Reporting to the Head of Finance, the PFM will oversee financial management of all production and IP revenue streams and in-house post production facilities.

Client Details

My client is a circa £7 million turnover TV business ready to undertake growth and drive increased profitability whilst cementing their position as the Scottish leader in Factual Entertainment. They have a strong slate of fresh and inventive ideas to partner returning brands which allows them to continue to work with and develop the very best talent in Scotland and beyond.

Description

The Production Finance Manager will have the following duties;

Accounting for Production Revenue

• Maintain sales log
• Raising Sales invoices
• Prepare and maintain recharge schedules
• Conduct regular reviews of sales log, making sure invoices are paid on time and communicating with outstanding debtors where required

Accounting for Production Costing

• Review cost monitors and liaise with Production Managers / Production Execs to ensure;
• Estimates to complete production are itemised accordingly and an accurate reflection of expected costs
• Under/overspends are fully explained and reported in a timely manner
• Provide support to Production Managers for completing cost reports
• Provide training to incoming production staff on IWC's cost monitoring requirements and accounting procedures
• Set up cost centres for new productions and close cost centres upon completion of production ensuring final costs are reconciled and closing accruals are recorded and maintained
• Liaise with central AP team, reviewing coding and backup schedules and posting invoices to finance system

IP & Sundry Income

• Raise sundry sales invoices and distribution sales invoices
• Post monthly internal facilities journals
• Liaise with central Royalties function to ensure accuracy of P&L reporting, accrual management and cashflow
• Liaise with central Rights function to ensure accuracy of sales information and cashflow

Reporting

• Maintain Production and IP Turnover report
• Preparation of monthly Production Management Accounts, with accurate recording of WIP, Accruals and Deferred Income
• Preparation of monthly cashflow by production and IP stream
• Input of monthly Sch D payroll to external payroll supplier portal
• Assisting with Quarterly Reforecasting and Annual Budget preparation
• Assisting with Interim and Year End Audit
• Other Ad Hoc reporting as required

Profile

The successful Production Finance Manager will likely have the following profile;

• Qualified Accountant/ QBE considered
• Intermediate to Advanced Excel skills
• Ability to liaise and communicate clearly and effectively with non-finance staff
• Highly motivated with ability to take ownership of function
• Knowledge of TV industry advantageous but not essential
• Production/project accounting advantageous
• Working knowledge of PMI advantageous but not essential

Job Offer

The Production Finance Manager will be offered a competitive package of £40,000 - £45,000 plus discretionary bonus.