About The Brand
ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, CBS All Access, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions for partners on five continents.
Overview and Responsibilities
BET is seeking a Manager, Production Finance that will lead financial oversight and production accounting management for original programming. This is an exciting position for someone who understands 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, tracking and handling cash flows, and cost reporting for all scripted 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 SVP, Original Programming Finance.
We are looking for someone who will be highly detail-oriented, possess strong communication skills, be able to process many tasks simultaneously with accuracy and take the initiative to drive operational improvements.
Responsibilities:
* Leading production accounting and analysis of scripted development and series productions.
* Work closely with production management team and external 3rd party producers in the production budgeting process, estimated final costs (EFC) tracking and reporting, and cash flow management and analysis.
* Analyzing and reviewing actuals vs. budgets and estimates and research variances, identifying risks and opportunities, and ensuring that all data is accurately loaded into the financial systems. Partner with production finance lead on findings and manage information with relevant client groups.
* Ensuring compliance with policies & procedures and implementing best practices.
* Interpreting and extrapolating contracts for salient production and financial terms.
* Reviewing overall deals related to Executive Producers & Talent and ensuring internal contractual obligations are tracked and paid.
* Touchpoint for 3rd party production finance counterparts regarding budget, residuals, license fees, agency/package fees, and all production finance materials.
* Collaborating with production finance lead on performance measures, planning around production schedules, and financial controls.
* Coordinating with East and West Coast production/management groups with timely consolidation of monthly EFC information vs. Budget and LRP.
* Partnering with Viacom Tax team, Production Management, internal production and 3rd parties to ensure production tax credits are accurately calculated, recognized and completed.
* Leading requests regarding series production matters, production cash flows, journal entries, etc. and internal/external audit requests as necessary.
Basic Qualifications
* Minimum 5 years finance or accounting experience, preferably within the media and entertainment landscape.
* Experience with accounting principles and practices, general ledger systems and accounts payable functions.
Additional Qualifications
* An understanding of production finance functions, production accounting and budgeting, and entertainment industry business practices.
* Ability to interpret complex contracts, such as 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 general ledger accounting systems and planning/analysis systems preferred (SAP, BW, Oracle, Tableau, EP Smart Accounting).
* Ideal candidate has a 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.
* 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 operational improvements.
* Learns quickly, conducts self-reviews, checks work and learns from mistakes.
* Is curious, hardworking, and passionate about entertainment finance.
* Is willing to challenge the status quo, advocate for BETs diverse and inclusive culture, and always act in BETs best interest.
* Undergraduate degree strongly preferred.
LI-MB1
ViacomCBS is an equal opportunity employer (EOE) including disability/vet.
At ViacomCBS, the spirit of inclusion feeds into everything that we do, on-screen and off. From the programming and movies we create to employee benefits/programs and social impact outreach initiatives, we believe that opportunity, access, resources and rewards should be available to and for the benefit of all. ViacomCBS is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, and Veteran status.
Job Locations US-CA-Hollywood
Brand ViacomCBS
Function Finance/Accounting/Tax
Job Type Full-Time Staff
iCIMS ID 2021-16034
Manhattan, NY
ViacomCBS Inc. is an American multinational mass media conglomerate based in New York City. The corporation was formed via the merger of CBS Corporation and the second incarnation of Viacom on December 4, 2019, which were created from the split of the first Viacom in 2005. The company has interests in film, television, publishing and digital media.
The company's main assets include the Paramount Pictures film studio, CBS Entertainment Group (consisting of CBS-branded properties including the namesake CBS network, CBS Television Studios, CBS Television Stations, CBS Interactive and a 50% interest in The CW), domestic networks (consisting of U.S.-based basic and premium-tier cable television networks including MTV, Nickelodeon, BET, Comedy Central and Showtime), international networks (consisting of international versions of domestic ViacomCBS networks as well as region-specific networks including Channel 5 in the UK, Network 10 in Australia and Telefe in Argentina), Global Distribution Group (consisting of CBS Television Distribution and CBS Studios International) and publishing company Simon & Schuster.
Headquartered at One Astor Plaza in Midtown Manhattan, New York City, the company operates approximately over 170 networks and reaches approximately 700 million subscribers in approximately 160 countries.