Intermediate Accountant, Tax Credits

Entertainment Partners; Toronto; Hybrid; CAD 60,000 - 75,000; Full time

Job summary

A leading financial services provider in entertainment is seeking an Intermediate Accountant in Toronto. This role involves managing financial activities for film and TV productions, including tax credit filings and financial statement preparation. Candidates should have a university degree and be registered or intending to register in the CPA program, with 2-3 years of relevant experience. This position offers a hybrid work arrangement.

Qualifications

• 2 - 3 years of experience in a financial accounting role.
• Ability to multi-task and meet deadlines.

Responsibilities

• Manage tax credit filings and financial statement preparation for productions.
• Analyze budgets and prepare tax credit estimates.

Skills

Intermediate to advanced knowledge of Excel

Attention to details

Excellent interpersonal skills

Organizational skills

Communication skills

Education

University degree or equivalent

Registered or intending to register in the CPA program

Job description

About Us :

Entertainment Partners is a global organization that has been a trusted production partner to the entertainment industry for over 45 years, helping clients create and produce great shows, choose the best production location, forecast, manage and track expenses, and pay crew and talent. As a global leader in entertainment payroll, production finance and production management solutions, EP delivers integrated, digital solutions to support every phase of production. EP brings together background casting and digital production technology with the Casting Portal, the leading SaaS-based platform that has transformed the way background actors are found, hired, managed and paid, and the iconic and legendary Central Casting.

Entertainment Partners Canada is the lead provider of financial services to the entertainment industry in Canada. We provide financial services to the Motion Picture, Television and Commercial industries along with production management and accounting software services. Entertainment Partners Canada prides itself on being the best in class from a product / services perspective but we are equally proud to have been Great Places to Work certified since 2017, providing an encouraging, accepting, and interesting work experience for all of our valued employees.

Job Summary :

Under the direction of the Supervisor, Tax Credit Services, the Intermediate Accountant is responsible for the financial management of various production subsidiaries (“ProdCos”) on behalf of EP’s clients including, but not limited to, film and television tax credit filings, financial statement preparation, and all other activities involved in receiving tax credit refunds, up to the dissolution of ProdCos.

The Intermediate Accountant’s duties must be performed consistently with the company’s mission and values and adhere to EP’s policies and procedures.

Key Duties and Responsibilities :

• Communicate with Production Accountants and his / her accounting teams to ensure EP’s standards and guidelines are understood and being adhered to throughout the production period.
• Support the Client Services Coordinators, when required, with the quantitative aspects of obtaining federal and provincial government certification for each Production assigned.
• Analyze production budgets and prepares tax credit estimates and quotations for new business.
• Prepare interim tax credit estimates as requested by EP’s clients.
• Perform interim and final analysis of production costs to ensure EP has identified all qualifying, tax credit eligible expenditures and calculates the Production’s final tax credits.
• Prepare bank reconciliations, journal entries and year-end financial statements for each ProdCo.
• Draft Federal Tax Credit schedules and relevant Provincial Tax Credit schedules which form part of the ProdCo’s corporate income tax return.
• Manage Canada Revenue Agency and Provincial agency audits on assigned Productions.
• Manage each ProdCo’s revenues by invoicing the applicable production services fee amounts in accordance with various production services agreements.
• Monitor the ProdCo’s bank accounts (via online CMO system) for receipt of revenues via deposits or wire transfers.
• Receive ProdCo’s invoices from visual effects, animation and / or post-production houses and ensures invoices are approved for payment by EP’s client on the file.
• Ensure payments are set up via EP’s online bank wire system and ensures the authorized signing officers sign online wires within the required time period.
• Collaborate with other accountants to ensure the completion of subsequent year-end financial statements and works towards dissolving ProdCos.
• Perform other related duties as Assigned by the Manager or Supervisor, Tax Credit Services.

Qualifications :

University degree or equivalent combination of education and experience

Registered or intending to register in the CPA program

2 – 3 years of experience in a financial accounting role

Intermediate to advanced knowledge of Excel.

Attention to details.

Ability to multi-task / time-manage and meet deadlines,

Excellent interpersonal, organizational, and communication skills

Working conditions

The hours of work are 7.5 hours per day, Monday to Friday. Some overtime may be a requirement of this position.

Conditions are normal for an office environment

Hybrid work

EP Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. As only short-listed candidates will be contacted, we thank you in advance for your interest in EP!