Overview

Position Title: Production Finance

Company: Netflix

Location: Glasgow, UK

Job Description:

The Manager of Production Finance for UK & EMEA Films is a core role responsible for working cross functionally with Creative, Business and Legal Affairs, Physical Production, Post and VFX to financially manage local language productions produced throughout the world. This role would be responsible for providing production finance support to facilitate producing great content. This may include tactical and strategic solutions ii) providing accurate, timely and complete production budgets and estimated final costs iii) protecting company assets through cash management, policies and procedures.

Responsibilities:

  • Keep abreast of current and changing industry trends, evolving technologies, production incentives and changes in crew capacity and infrastructure support in the main worldwide production centers.
  • Develop relationships with Film Commissioners, CPA audit firms, Accountants, Producers and
  • Payroll Companies to build resources and networks from which to poll industry information and help ensure all production finance processes are current, reasonable and timely.
  • Ensure that insurance claim costs are accurate and adequately supported by schedules, invoices and payroll documents.
  • Hire the most talented production accounting teams with the skillset to provide the highest level of production accounting support on shows that are some of the most ambitious and complex to be ever produced.
  • Accounting teams must be self –motivated, resourceful, dedicated, hard working, focused and strive for only the highest level of professional ethics, consistent mathematical accuracy and completeness, and embody the Netflix ethos.
  • Manage the cash flow and funding processes.
  • Manage production incentive workflow and ensure receipt of tax credits or cash.
  • Identify problem area as quickly as possible including breakdown in
  • Travel to production locations where our shows are filming to audit, review work flows, organizational abilities and effectiveness of accounting staff.
  • Research, develop and test new technologies that provide the next generation of production finance tools and determine how and when to best incorporate into the production accounting workflow.
  • Prepare or review initial production budgets.
  • Facilitate the training and mentoring of junior production accounting staff on Netflix shows with the goal of increasing the pool of loyal “star” accounting candidates for future Netflix productions.
  • Review production budgets, cost reports, trial balances and petty cash reconciliations prepared by show accountants.
  • Collaborate with Line Producers, Production Managers, Accounting Staff and the Netflix Originals team to deliver the highest quality original entertainment content.
    communication between department heads, upm’s, producers and accountants and minimal use of PO’s.
  • Work with show accountants on a day to day basis to drive accurate, complete and timely cost reporting, protecting and managing show assets and supporting production.
  • Liaise with Netflix HR, Labor Relations, Content Accounting, Internal Audit, Payroll, Accounts
  • Payable, Treasury, IT to ensure production finance policies and procedures are current and effectively implemented on our productions.

Requirements:

  • Solid understanding of payroll process, union labor agreements and tax requirements.
  • Candidates must have 15+ years in scripted television production accounting.
  • Solution focused. – particular interest in training
  • College degree in accounting or finance from a well-known university is preferred.
  • Ability to understand and articulate issues using creative, production or financial context.
  • Broad understanding of production incentives.
  • Expert skill level of Movie Magic Budgeting and either Vista or PSL production accounting systems.
  • Complete understanding of P2P process and tax requirements.
  • Candidates must have 10+ years working as a Lead Production Accountant on local and distant
  • location major studio size productions.
  • Proven ability to lead and manage a team.

About Netflix

Netflix is the world's leading streaming entertainment service with 209 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

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