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An established industry player is seeking an Associate in Production Finance to manage project budgets and ensure compliance with UK financial regulations. This role involves collaborating with various stakeholders, analyzing financial reports, and providing insights to optimize production costs. You will guide third-party production teams and innovate financial workflows to enhance efficiency. If you have a strong finance background in the media sector and excel in communication and problem-solving, this opportunity is perfect for you to make a significant impact in a dynamic environment.
Associate, Production Finance
Location: London, UK
Length: 6 Months
Rate: £288.46 per day
Hours: 9am-6pm
Overview
The Production Finance team at our client is responsible for estimating, managing, and providing insights on production costs throughout the entire lifecycle of each project. The team partners with various stakeholders eg / Production Management, Tax, VFX, Music and third-party production companies, ensuring compliance with our client’s financial standards, UK laws, and government regulations. This role supports the UK slate, coordinating with production partners and also managing our inbound self-managed shows.
Key Responsibilities
Budget Management & Financial Reporting:
Analyse and review production budgets and cost reports throughout the project lifecycle.
Communicate with third-party production companies to track financial variances and address discrepancies.
Stakeholder Collaboration:
Align with Studio stakeholders to manage production processes and implement cost controls.
Serve as a liaison between production partners and internal teams, ensuring smooth financial workflows.
Guidance & Training:
Guide third-party production accounting teams in adapting to our client’s reporting requirements.
Support partners in implementing new procedures and adjusting to evolving financial workflows.
Compliance & Local Financial Regulations:
Ensure that all productions comply with UK laws, local production practices, and government regulations.
Maintain knowledge of payroll, tax, banking, and invoicing processes specific to the UK market.
Process Innovation & Improvement:
Identify and suggest improvements in financial workflows to optimize operational efficiency.
Continuously seek innovative solutions to enhance production finance processes.
Experience & Skills
Qualifications
College/University degree or equivalent in accounting, finance, or a relative subject.