Manager, Production Accounting

Manager, Production Accounting

New Metric Media is a leading and award-winning entertainment studio focused on creating brand-defining, memorable, and authentic comedy content for global audiences. The company is behind the hit Hulu/Crave original comedies LETTERKENNY and SHORESY
, the Netflix/CityTV premium drama series BAD BLOOD
, the CTV/CW original comedy CHILDREN RUIN EVERYTHING
, and the Crave original comedy BRIA MACK GETS A LIFE
.

New Metric is also recognized as a leader in 360° brand marketing for its success with Letterkenny and Bad Blood
’s off-screen extensions, including beer, collectible merchandise, as well as Letterkenny LIVE!, a North American theatre tour with the stars of the series.

This role will be primarily responsible for the accounting, payroll and reporting for projects that are in the late development/pre-production stage and those that have gone into post-production. The Manager, Production Accounting will also work closely with the onsite production accounting team for projects in full production for continuity purposes.

• Oversee company production accounting function.
• Manage one team member and oversee on-site production accountants.
• Prepare tax credit estimates, cash flow models, and finance plans for all prospective and greenlit productions.
• Set up new production companies in Quick Books and create a standard chart of accounts that mirrors the chart used during principal and post-production.
• Assist with setting up production bank accounts.
• Take ownership over the daily accounting activity, including billing of receivables, processing of payroll, vendor, and guild payments, settling intercompany chargebacks, reconciling bank accounts, etc.
• Ensure all transactions are posted to the proper GL accounts and include easy to follow journal entry descriptions.
• Maintain “audit proof” and organized backup files for turnover to the on-site production accounting team.
• Provide support as needed to the on-site production accountant during transition period.

• Monitor production spending against the cash flow forecast.
• Review funding requests from on-site accounting team to ensure they are reasonable and in line with production financing availability.
• Track receivables and billing milestones for broadcasters and other funding sources, prepare invoices once milestones have been met, follow up on overdue balances.
• Prepare loan drawdown requests and supporting schedules for the bank.
• Participate in weekly cost report meetings with on-site production accounting team, Director of Physical Production, Corporate Controller, CFO and others to assess performance against budget, identify potential overruns and savings opportunities.
• Take over all accounting and reporting responsibilities after transition from the on-site production accountant utilizing production accounting system.
• Prepare production cost reports on a regular basis for review by the finance and production team.
• Complete thorough review of GL account activity to ensure transactions are posted to the proper accounts and expense classifications.
• Prepare all accounting related reports required for the audit, including provincial/federal tax credit calculations and schedules, breakdown of Canadian/Non-Canadian costs, reconciliation of key accounts, vendor, and related party reporting, etc.
• Assist with any financial production reporting deliverables required by the bank, broadcasters, or funding agencies, such as CMF, NOHFC, etc.

• College diploma or University degree in Accounting preferred.
• 5+ years of experience in production accounting and payroll.
• Familiarity with film and television guilds and union guidelines (WGC, ACTRA, DGC, etc.) as it relates to payroll and accounting matters.
• Advanced Microsoft Excel skills (pivot tables, v-lookups, conditional formulas, etc.).
• High Proficiency with production accounting systems, preferably EP Global Vista, Smart Accounting, and EP Live (payroll).
• Experience using Quick Books is a definite plus.
• Excellent written and verbal communication skills.
• Ability to work independently and collaboratively as part of a team.
• Must be responsive, reliable, highly organized,…