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Director, Development Finance, Paramount TV Studios

31814

West Hollywood, CA, US, 90046

Finance/Accounting
West Hollywood
Full-Time

Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount 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, the company provides powerful capabilities in production, distribution and advertising solutions.

 

Overview and Responsibilities


Showtime & Paramount Television Studios are seeking a Director, Development Finance. This role will support production finance in development operations and processes, systems implementation, accounting, and analytics. This is an excellent position for someone who is looking to develop their career in production finance and television accounting and can bring their strong analytical and operational skills to a fast-paced industry leader. Key duties will include tracking and reporting contractual commitments, talent payroll, accounts payable, and accounting. This position will also have oversight of development analytics for the premium segment finance group (Showtime, PTVS & BET) and will work cross-functionally to directly support Corporate Finance, Business Affairs, and Production Finance. This position will report to the VP, Production Finance FP&A.


The ideal candidate will be highly driven and curious, possess strong interpersonal skills, be able to process many tasks simultaneously with accuracy and take the initiative to innovate and drive operational improvements.
•    Oversee and maintain contractual obligations in SAP and Development Database
•    Prepare and issue development commitment and analytics executive summary report
•    Perform payroll edit reviews, corresponding with payroll company on current issues
•    Review and approve talent payroll and accounts payable
•    Ensure all general ledger accounting transactions are entered accurately, timely, and coded properly
•    Coordinate preparation, review, and approval of term deal payment schedules
•    Maintain term deal recoupments
•    Coordinate coverage and co-development billing
•    Support the monthly/quarterly accounting close cycles
•    Handle expense and cash flow forecasting
•    Facilitate the implementation of SAP S/4
•    Consolidate and convert various divisional (Showtime, PTVS & BET) development legacy systems, data, and reports
•    Implement data analytics mining structure to drive business intelligence and insights
•    Complete various ad hoc projects
 

Basic Requirements:
•    5-7 years production finance or development finance/accounting experience 
•    Bachelor’s Degree, preferably in finance or accounting 
•    Understanding of accounting principles and practices, general ledger systems and accounts payable functions.
•    Understanding of guild plan contributions and payroll taxes
•    Strong knowledge of Excel

 

Additional Requirements:
•    Knowledge of television production finance functions and entertainment industry business practices
•    Experience in general ledger accounting, purchase order or planning systems (SAP, Ariba, Longview, EP Smart Accounting, Cast & Crew)
•    Learns quickly, conducts self-reviews, checks work, and learns from mistakes
•    Is curious, hardworking, and passionate about entertainment finance; and maintains a positive outlook
•    Works reliably and efficiently with heavy volume and tight deadlines
•    Ideal candidate remains calm under pressure, has strong communication skills with the ability to interact professionally with senior management and other high-level industry executives
•    Willing to challenge the status quo, advocate for diverse and inclusive culture, and always act in Showtime & PTVS’s best interest.
 

 

Paramount is an equal opportunity employer (EOE) including disability/vet.

 

 

At Paramount, 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. Paramount 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.

 

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access. https://www.paramount.com/careers as a result of your disability. You can request reasonable accommodations by calling 212.846.5500 or by sending an email to viacomaccommodations@viacom.com. Only messages left for this purpose will be returned.

Paramount believes in creating environments that allow our primary focus to remain on providing entertainment, education and information to our millions of viewers around the world. As part of this commitment to health and safety, Paramount requires COVID-19 vaccines for current U.S. employees, including all newly hired employees, subject to applicable law. Union employees are subject to the agreement reached between the Company and the applicable Union.


Nearest Major Market: Los Angeles